Putin signed a crypto law recognizing digital assets as property, exempting mining and trading from VAT in specific cases.
A new report indicates that stablecoins, currently a $163 billion market, could grow to represent 10% of the U.S. money supply, hinging on regulatory clarity, which appears increasingly likely under the incoming Donald Trump‘s administration. What Happened: "Stablecoins have the potential to revolutionize global financial systems, bridging gaps that traditional methods struggle to address," the report by Zodia Markets and Standard Chartered states.
Russia has taken a bold step in regulating its booming cryptocurrency market. Russian President Vladimir Putin has signed a law that lays out detailed taxation rules for cryptocurrency activities like mining, buying, and selling.
Bithumb's announcement of listing Virtual Protocol's token VIRTUAL on its KRW market has fueled a 43% price surge, with trading set to start today.
Tron founder Justin Sun bought Maurizio Cattelan's conceptual artwork ‘Comedian' for $6.2 million last week. Today he ate it.
A crypto trader has reportedly earned $800,000 worth of Hype (CRYPTO: HYPE) tokens through the airdrop of decentralized exchange Hyperliquid. What Happened: The trader's wallet shows 219,268 HYPE tokens, valued at $839,821 at the time of taking the snapshot, sparking discussions on how airdrops can shape user behavior and platform adoption.
A former Binance executive has filed a whistleblower lawsuit against the cryptocurrency exchange in the UK, alleging that a colleague solicited a bribe from a customer in exchange for preferential treatment. Amrita Srivastava, a senior employee based in London, claims she was “unfairly dismissed” after raising concerns about the alleged misconduct.
High entry barriers, complex transaction processes, and geographical boundaries have historically constrained the real estate and fine art markets.
Pump.fun has recorded its highest monthly revenue in history. The meme coin launchpad made a revenue of $82.78 million in November, soaring 207% from the month prior.
Crypto is fueling a rise in complex money laundering schemes in 2024, the Eurasian Group on Combating Money Laundering warns in its latest report.
Taiwan is set to implement its new Anti-Money Laundering (AML) regulations for cryptocurrency businesses following fines issued to two exchanges for compliance breaches. The post Taiwan Tightens Crypto Regulations with New AML Rules After Recent Violations by Exchange appeared first on Cryptonews.
From government initiatives to VC investments, UAE's web3 gaming ecosystem works harmoniously to foster growth and innovation.
Telegram could be the key to reaching the first billion crypto users, but it's not a competitor or a threat to other entry points like web browsers.
Telegram could be the key to reaching the first billion crypto users, but it's not a competitor or a threat to other entry points like web browsers.
The Japanese yen just crossed a key level of 150 against the U.S. dollar, which is often a sign of stress in global markets. Known as a “safe haven,” the yen usually gains strength when investors grow cautious and move their money away from risky assets.
Russia's new crypto law could boost digital currency adoption but may also increase regulatory scrutiny and compliance costs for miners. The post Putin signs law recognizing digital currencies as property, exempting crypto mining and sales from VAT appeared first on Crypto Briefing.
Despite imposing one of the harshest crypto tax regimes, India remains one of the hotbeds of cryptocurrency. With a 30% tax on profits and a 1% TDS (tax deducted at source) on transactions, many expected crypto activity to slow.
As Trump's crypto-positive cabinet takes shape, the U.S. might be on track for a potential revolution in the decentralized finance space, analysts at Matrixport anticipate. Donald Trump‘s prospective nominees for the U.S.
Japanese authorities are strengthening their campaign against illegal crypto gambling among local players, particularly those registered in offshore licensed casinos. Related Reading: Where's The FOMO?
The Hong Kong Monetary Authority (HKMA) has introduced a subsidy program aimed at encouraging the issuance of tokenized bonds. The post Hong Kong Monetary Authority Offers Subsidies for Tokenized Bond Issuance appeared first on Cryptonews.
The latest crypto news talks about Deutsche Bank and its strategic investment in the Series B round of the Partior blockchain.
Marc Andreessen has raised concerns about the Democratic Party's actions against tech startups, specifically accusing the Biden Administration of deliberately obstructing their growth.
“AI-born, degen-raised” is the motto of iDEGEN, an innovative artificial intelligence-powered project embracing the AI agent trend while forging a unique path in the crypto market. Unlike conventional AI agents trained on meticulously curated data, iDEGEN thrives on the raw, unfiltered chaos of crypto degens on X, redefining how AI interacts with the crypto space.
It's not just Taiwan that is gearing up its crypto game; many countries like Singapore, Iran, Dubai, the UK, and India are working to create fair and transparent laws to protect investors from fraud and scams.
The crypto industry experienced its second-lowest monthly losses this month, November 2024, with $71 million lost across 26 incidents, according to blockchain security firm Immunefi. This marked a significant improvement compared to November 2023, which recorded $343 million in losses, representing a 79% year-over-year drop and a 4% decrease month-over-month.
Hong Kong has proposed comprehensive tax exemptions for cryptocurrency gains and other alternative investments to attract institutional investors and wealthy individuals as part of its strategy to become a leading global financial hub.
The study also found that negative media coverage and a lack of understanding are hindering blockchain adoption. The post Germany Lags in Blockchain Adoption: 72% of Companies Not Interested in the Technology –Study appeared first on Cryptonews.
Taiwan accelerates its crypto AML mandate, imposing stricter registration rules and hefty penalties for noncompliance.
An AI bot controlling $50,000 in crypto transferred the funds after a user successfully persuaded it to bypass its core directive: to never release the funds. A user under alias p0pular.
Video killed the radio star, but could cryptocurrency payments kill credit and debit cards? Even though bitcoin hit a record high this month, the chances are likely slim.
Black Friday is here! Find out the top cryptocurrencies to buy and take advantage of the season's hottest investment opportunities.
Between January 2022 and October 2024, most dead crypto projects were launched in the United States, while American founders were behind 43% of all crypto projects that turned out to be scams.
The game was challenged by 195 players with 482 attempts, during which the AI agent imposed incremental query fees.
Tron creator Justin Sun has reportedly eaten the $6.2 million banana from Maurizio Cattelan's “Comedian” sculpture. Sun previously bought the banana at a Sotheby's auction.
Dubai, UAE, 29th November 2024, Chainwire
More than 30 tech and cryptocurrency founders in the U.S. have claimed they were denied banking services in what is being described as “Operation Chokepoint 2.0.”
On Nov. 27, 2024, Bitwise Asset Management filed with the SEC for an exchange-traded fund (ETF) based on its 10 Crypto Index Fund, which has been running since 2017.
It is a theoretical assessment based on current data, and it could vary significantly over time.
Dan Finlay highlighted critical insights on crypto meme.
A connected Indian youth is biting into crypto with full force, under the watchful eye of the tax authorities. Surprising but true.
Justin Sun, Founder of TRON, announced in a post on November 28 that he will buy 100,000 bananas from Mr. Shah Alam's fruit stand in New York's Upper East Side.
Arbelos Markets co-founder Joshua Lim explains how Trump's election could open the door to greater institutional adoption of crypto.
The cryptocurrency sector recorded 26 hacking and rug pull incidents, which led to $71,021,500 in total losses in November 2024 according to the monthly report by ImmuneFi. This is the second lowest monthly loss YTD and is down 79% from November 2023, which lost a total of $343 million.
Binance has announced the delisting of USD-M perpetual contracts for NEM (XEM), Orbs (ORBS), and Loom Network (LOOM). The delisting affects traders who actively engage in derivatives markets for these assets.
The Hong Kong Monetary Authority has introduced a three-year digital bond grant scheme, offering incentives of up to HK$2.5 million to encourage tokenized bond issuances.
Looking for meme coins under $1 with the potential for massive growth? Discover the top 5 picks to invest in before 2025, can you guess our #1?
Indonesia, one of the most adaptive countries for crypto in the world, has reached a new milestone with transactions of over 475 trillion Indonesian rupiah, or $30 billion.