The South Korean Financial Intelligence Unit (FIU) has ordered Upbit to temporarily halt services for new users after finding numerous violations of the Specific Financial Transaction Information Act.
South Korean authorities ordered Upbit to suspend business operations for violating KYC and AML regulations. FIU in South Korea found over 700,000 incidents where the exchange did not comply with KYC laws.
Grayscale Helium Trust was registered in Delaware on January 14, 2025, with CSC Delaware Trust Company as the registered agent.
2025 will mark the first tax year that crypto transactions will be subject to third-party reporting requirements. IRS will implement a third-party reporting system for crypto asset transactions on CEXs such as Coinbase and Gemini.
Coinbase reintroduces Bitcoin-backed loans via Morpho integration, allowing USDC borrowing without selling Bitcoin. The post Coinbase brings back Bitcoin-backed loans with Morpho's DeFi integration appeared first on Crypto Briefing.
Participer à une prévente crypto, c'est l'assurance d'acheter une future pépite à tout petit prix.
Donald Trump shows support for using US-based cryptocurrencies in creating an 'America-First' crypto reserve
Crypto exchange Upbit may be penalized for allegedly breaking South Korean financial regulations.
The proposed America-first reserve could prioritize the U.S.-linked digital assets like XRP, Solana, and USDC stablecoin.
The trading platform is seeking a $5 billion valuation and could list as soon as the second quarter, the Financial Times said
Jade City, a platform focused on tokenizing jade gemstones, has launched “Flappy Jade,” a new mini-app game on Telegram, offering players the opportunity to earn JCT tokens and tokenized physical jade gemstones through gameplay. “Flappy Jade,” is a Telegram-based mini-game inspired by “Flappy Bird,” designed to engage users and build community interest.
Leading asset management firm VanEck has submitted an application for an Onchain Economy Exchange-Traded Fund (ETF), according to a Jan. 15 filing with the US Securities and Exchange Commission (SEC). This proposed fund aims to provide exposure to the broader crypto ecosystem by investing in companies and instruments connected to digital assets.
The Global Token Exchange (GTE), a decentralized exchange built on the MegaETH blockchain, has raised $10 million.
The firm intends to use the funds to grow out its team and developing its core infrastructure, such as launching its testnet chain, first game and other on-chain assets.
When looking at DePIN projects, Park's biggest question is whether or not the project is “solving a problem where real demand can be generated.”
The crypto-friendly platform submits a listing application to the SEC to expand its global presence.
Coinbase vice president Max Branzburg said the product demonstrates the exchange's “commitment to economic freedom.”
The new IRS Form 1099-DA aims to streamline cryptocurrency tax compliance starting in 2026, but reporting for decentralized platforms will not begin until 2027.
The relationship between decentralized finance and the broader vision of Web3 is rapidly evolving, according to Sergej Kunz, founder of 1inch Network. In an interview with Benzinga, Kunz said that DeFi's core functions are actually defining much of Web3 and envisions opportunities for mutual growth beyond traditional financial applications, particularly in areas like content monetization.
CryptoQuant has released its 2024 survey on crypto market trends, focusing on investor demographics, exchange behavior, and asset preferences. The research outlines several factors that could shape the market this year.
The SEC settles with crypto lender Plutus Lending LLC, operating as Abra The Securities and Exchange Commission has reached a settlement with crypto lender Plutus Lending LLC, which operates under the name Abra.
Cryptocurrencies and crypto investments capture specific attention among younger generations. A recent study revealed that 20% of Generation Z and Alpha prefer crypto pensions.
Two technology trade groups sued the U.S. Consumer Financial Protection Bureau on Thursday to block a new rule giving the regulator supervisory authority over payment apps and digital wallets from large non-banks.
Blockchain technology will be extensively used to manage the building, which is envisaged as an office space for crypto firms.
In the last 24 hours, cryptocurrency liquidations have hit $372 million. This is according to data from CoinGlass.
A memecoin named after Coinbase co-founder Brian Armstrong's cat is surging after the top US crypto exchange added the digital asset to its listing roadmap. Toshi (TOSHI), a memecoin built on the Ethereum (ETH) layer-2 scaling solution Base, soared by triple percentage points as Coinbase made the announcement.
One of the most crucial indicators in the cryptocurrency industry is trading volume. Crypto trading volume helps traders comprehend market activity by displaying the volume of a certain cryptocurrency that has been exchanged over a specified period.
IRS Crypto Reporting begins in 2025 for custodial crypto transactions.
The cryptocurrency market is not in its infancy stage anymore, as it has witnessed dramatic evolution and captured global attention now thanks to the rising adoption of crypto trends.
It's time to move past market hype and focus on sustainable development.
eToro could list in New York as early as the year's second quarter after privately filing an initial public offering in the U.S.
In a latest development, according to CNN, starting in 2025, crypto transactions will be subject to third-party reporting requirements, meaning information about these transactions will be sent to the IRS. This applies to transactions conducted on centralized platforms like Coinbase or Gemini that hold custody of the assets.
A DAO for the future of CryptoPunks? Innovative ideas to relaunch the project
Groom Lake Founder and CEO Fernando Reyes Jr., known in crypto circles as “FDR”, has been called the “scariest man on-chain”, and for sophisticated hackers and cyber-crime groups going after high-profile protocols and VIPs, it's probably not too far from the truth.
Donald Trump, the President-elect of the United States, was largely seen as the pro-crypto candidate in the 2024 presidential election.
eToro's IPO could enhance its market presence and investor reach, potentially influencing the broader fintech and crypto sectors' growth. The post eToro confidentially files for US IPO with Goldman Sachs' support appeared first on Crypto Briefing.
Coinbase customers can borrow up to $100,000 USDC in less than one minute without ever having to sell their Bitcoin.
On the latest episode of the “Hashing It Out” podcast Michael Heinrich, co-founder and CEO of 0G Labs, breaks down decentralized AI's (DeAI) transformation of Web3 and the AI landscape.
Dubai has announced a “Crypto Tower” that is set to be completed by 2027. The national capital shows consistent optimism towards widespread crypto adoption.
Japan's headline inflation is at 2.9% year-over-year, at a 3-month high. A hot inflation print could set bitcoin back.
The reporting requirements present a “real risk of pushing users toward decentralized platforms,” according to industry insiders.
The reporting requirements present a “real risk of pushing users toward decentralized platforms,” according to industry insiders.
David Lisnard, Mayor of Cannes, announced an ambitious initiative aimed at encouraging and training local merchants in the integration of cryptocurrencies for payments. This initiative is part of the city's Web3 strategy, which aims to modernize and invigorate the local economy.
Coinbase has launched Bitcoin-backed onchain loans through Morpho, a decentralized lending protocol available on Ethereum and Base.
With this partnership, Changelly users can now buy Bitcoin, Ethereum, and other cryptocurrencies using Revolut Pay and bank cards, expanding their payment options.
The US Senate Banking Committee has prioritized developing a regulatory framework for digital assets, aiming to promote innovation and clarity in the cryptocurrency sector.
Starting in 2025, Americans trading digital assets on centralized exchanges (CEXs) will see their crypto transactions reported to the Internal Revenue Service (IRS).