Kenyan crypto tax bill makes it through Parliamentary Committee
A bill defining crypto assets as securities and featuring the capital gains tax on them made it through the Parliamentary...
Regulation
Platypus hacker walks free with $8.5M after claiming to be ‘ethical hacker’
Two brothers, responsible for the theft of $8.5 million from decentralized finance (DeFi) protocol Platypus, were allowed to walk free...
Grayscale Bitcoin Trust aims for ETF shift to narrow discount
Grayscale, a significant player in digital asset management, has expressed enthusiasm about the potential transformation of its Grayscale Bitcoin Trust...
SEC faces sanctions threat as Judge questions DEBT Box case accuracy
United States District Judge Robert Shelby has cautioned the Securities and Exchange Commission (SEC) lawyers, hinting at possible sanctions due...
Coinbase tracks 6% rise in info requests from law, government agencies
Crypto exchange Coinbase says it recorded a 6% rise in requests from law enforcement and government agencies compared to 2022,...
Paxos receives two in-principle approvals in Abu Dhabi
Paxos has received two in-principle approvals from the Financial Services Regulatory Authority in the Abu Dhabi Global Market (ADGM). The...
FSB calls for global regulation of multifunction crypto firms
The Financial Stability Board (FSB) says multifunction crypto-asset intermediaries (MCIs) are critical to the cryptocurrency ecosystem. However, their business models...
Spanish citizens to declare foreign crypto holdings by end of March 2024
Spanish residents holding any crypto assets on non-Spanish platforms will have to declare them by March 31, 2024, under new...
Average value of undeclared crypto in Japan dropped 19% in 2022
According to Japan’s tax authorities, the average value of undeclared income in crypto fell by 19% in 2022.On Nov. 24,...
Crypto exchange Zipmex suspends trading activity in Thailand
Cryptocurrency exchange Zipmex has announced it is taking immediate action by suspending all digital asset trading in Thailand as part...
CZ challenges US gov’t attempt to restrict travel before sentencing date
Former Binance CEO Changpeng “CZ” Zhao has opposed the United States government’s efforts to block his return to the United...
UK Finance Minister proposes a sandbox initiative for crypto regulations
UK Chancellor Jeremy Hunt has revealed plans for a cryptocurrency legislative initiative. The government aims to pass legislation to officially...
New Binance CEO Richard Teng pitches ‘very strong’ foundation to skeptics
Amid ongoing confusion, uncertainty and rumors around the recent departure of Changpeng “CZ” Zhao as Binance CEO, his replacement, Richard...
Crypto community responds to Kraken lawsuit, Deaton slams ‘dishonorable’ Gensler
The crypto space has been making its feelings known about a lawsuit filed by the United States Securities and Exchange...
Atomic Wallet asks to toss suit over $100M hack, saying it has ‘no US ties’
The company behind Atomic Wallet has asked a United States court to dismiss a class action suit seeking damages from...
Bitcoin ETF approval nearing, but brace for more setbacks — BitGo CEO
Mike Belshe, CEO of cryptocurrency exchange BitGo, has suggested that all indications are leaning toward a favorable outcome for a...
Cybersecurity expert backs Sen. Warren’s crypto bill in Senate hearing
United States Senator Elizabeth Warren has emphasized the risks of cryptocurrency scams targeting senior citizens in the U.S., with a...
WisdomTree amends S-1 form spot Bitcoin ETF filing as crypto awaits SEC decisions
The global exchange-traded fund (ETF) provider WisdomTree filed an amended Form S-1 spot Bitcoin (BTC) ETF prospectus with the United States Securities and...
Congress members urge financial authorities to invalidate SEC’s SAB 121
Congress members have submitted a memo urging key financial authorities, including the Chairman of the Board of the Federal Deposit...
IMF MD asks for global preparation for central bank digital currencies (CBDCs)
IMF’s Georgieva urges global readiness for CBDCs at Singapore FinTech Festival. CBDCs are a potential cash replacement, enhancing resilience, and...
Swan Bitcoin to terminate customer accounts that use crypto-mixing services
Bitcoin (BTC) services platform Swan Bitcoin warned its customers that it would be forced to terminate accounts found interacting with...
Bitget drops plans to seek crypto license in Hong Kong
Crypto exchange Bitget has abandoned plans for a crypto license in Hong Kong, asking users to withdraw their assets by...
