The Holo (HOT) coin has seen a 68.3% rise in the last two weeks, breaking past a major previous resistance level at 0.05983 which makes analysts believe it is setting the stage for a major Bull Run. T...
Category: Crypto
Live Crypto News Updates.
UniCredit Fined $144 Million for Illegally Closing Crypto Mining Firm’s Accounts
Italian banking giant UniCredit has been asked to pay a fine of about $144 million for allegedly closing accounts belonging to a cryptocurrency mining company. UniCredit in Hot Water A district court ...
Indian Parliament Member Asks Government to Tax Crypto Income More Than 30% – Taxes Bitcoin News
An Indian parliament member has urged the government to increase the tax on crypto income from the current proposed rate of 30%, stressing that crypto trading is similar to gambling. He has also reque...
Institutional crypto funds see largest capital inflows for 3 months
CoinShares data revealed on Tuesday, March 29, that institutional investments into cryptocurrencies are at the highest levels in three months, a sharp rise from the previous week which saw outflows of...
Japan To Make Sure That Russia Doesn’t Use Crypto To Dodge Sanctions
Japan is planning to modify its crypto exchange laws to prevent any loopholes that Russia could use to escape the ongoing Western sanctions. Japanese Prime Minister Fumio Kishida also demanded more ef...
Coinbase Is Preparing To Swoop Brazilian Crypto Exchange
The largest crypto exchange in the U.S. Coinbase has made a move to acquire 2TM, the operator of Brazil-based trading platform Mercado Bitcoin. Although nothing official has been revealed by the two e...
India’s Crypto Community Faults Passage Of 30% Crypto Tax Law
India’s approval of the Finance Bill has spurred different reactions from both the crypto community and the broader finance industry. The bill, announced by India’s lower house of the bicameral parlia...
Japan to Introduce Legislation Governing Banks and Crypto Exchanges
The Japanese government is pushing for new legislation that will see cryptocurrency trading platforms operating in the country under governance, which same rules apply to banks. As revealed by Chief C...
Bitcoin, Binance Coin, XRP, and Shiba Inu Daily Price Analyses – 28 March Roundup
TL;DR Breakdown The global crypto market continues the bullish rally, adding 1.78% over the last 24 hours. Bitcoin continues in a gaining mood, added 1.57% over the last 24 hours. Binance Coin is also...
Indian Government Reveals 11 Crypto Exchanges Investigated for Tax Evasion, $13 Million Recovered – Taxes Bitcoin News
The Indian government has revealed that 11 cryptocurrency exchanges have been under investigation by the country’s tax authority. About 95.86 crore rupees ($12.6 million) have been recovered from them...
Senate Finance Committee Chair probes “lack of safeguards” in crypto tax incentives
Democratic Senator Ron Wyden is digging into the activities of crypto companies that take advantage of tax breaks provided by the Opportunity Zone program. Senator Wyden’s main concern stems from the ...
Crypto infrastructure and liquidity provider Aquanow to provide data to Pyth Network » CryptoNinjas
Aquanow, a digital asset infrastructure company and crypto liquidity provider, today announced it will join Pyth Network, a specialized oracle solution for latency-sensitive financial data, to help de...
As the US and EU fight over crypto regulation superiority, is regulation even viable?
Crypto regulation is the hot topic of 2022. The fear of a global cryptocurrency ban seems to have almost wholly subsided as adoption takes us past the point of no return. Banning crypto now is practic...
Crypto taxes and taxes on crypto, March 21–28.
It was relatively quiet in the digital asset policy department last week, as regulators and lawmakers in most key jurisdictions retreated to their offices to do the necessary homework. In the U.S., fe...
Here’s what KuCoin survey says about how many Germans interested to invest in crypto
Crypto exchange and trading platform KuCoin did a survey to find out the interest of people in Germany towards investing in crypto Recently a report ‘Into the Cryptoverse 2022’ was released by promine...
Bit2Me to collaborate with DFG to assist crypto startups in the Spanish and Portuguese markets » CryptoNinjas
Bit2Me, a Spanish crypto exchange that last year launched its native B2M token, announced today it has reached an agreement with Digital Finance Group (DFG), a Singapore-based investment firm speciali...
What new crypto regulations the UK could announce in the upcoming days?
Reports are that the UK government is set to disclose the plans for crypto industry regulations in the upcoming weeks As per the people keeping an eye on the matter, reports revealed that The UK Finan...
UK Treasury In Talks With Crypto Firms On Stablecoins, Set To Release New Crypto Rules
The UK’s finance ministry is set to release new regulatory frameworks concerning cryptocurrencies and the use of blockchain technologies across its jurisdiction. Alongside this, government offic...
11 Crypto Exchanges Fined for Tax Evasion in FY22: Indian Minister 11 Crypto Exchanges Were Fined for Tax Evasion FY22: Indian Minister
The evasion of Goods and Services Tax (GST) by crypto exchanges was figured in the Indian Parliament on March 28. Minister of State for Finance Pankaj Chaudhary informed that 11 such digital asset pla...
U.S. Senators Join Hands to Unveil Framework For Crypto Regulation
During a Politico Live event on the 24th of March, two US Senators revealed that they are working on a bipartisan framework for crypto regulation. This comes after several calls for a favorable framew...
Vietnamese Government and Central Bank Developing Legal Framework for Crypto – Regulation Bitcoin News
Vietnam is creating a legal framework for cryptocurrency. The country’s deputy prime minister has instructed the Ministries of Finance, Justice, and Information & Communications to work with the c...
British Crypto Investment Firm Launches Avalanche, Cosmos, Polygon ETPs
Crypto ETP issuer ETC Group has announced the launch of three crypto exchange-traded products tracking the performance of Avalanche, Cosmos, and Polygon. New Crypto Investment Vehicles According to a ...
Why Biden’s Hostile Tax Proposal Threatens Crypto Investors
Crypto investors could tumble if Biden’s expected proposal for a minimum 20% tax on unrealized gains were to pass Congress. The harsh “eat the rich” measure has been described as unworkable and uncon...
Is the UAE looking to pay salaries in Crypto?
Several countries in the world have started to pay employees their salaries in cryptocurrencies; UAE is also looking to step in The Middle Eastern country, the United Arab Emirates, is going to host a...
Oil-Rich Canadian Province Alberta Aims to Become a North American Crypto Hub
The continued investments from some of the most high-profile financial juggernauts in Canada reflect a belief that institutional adoption of crypto and blockchain will keep growing. This western Candi...
Crypto tax rules will reduce US budget deficit by $11B over ten years — White House
The United States government’s budget for the 2023 fiscal year included roughly $11 billion in revenue over the next decade from modernizing rules around digital assets. According to U.S. President Jo...
Third Biggest Spanish Retailer El Corte Ingles Partners With Deloitte To Launch Its Own Crypto Exchange
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Bybit & Crypto.com Join Other Platforms in Dubai as UAE Becomes Crypto Hotspot
After crypto exchanges Binance and FTX decided to head to Dubai for business, Bybit and Crypto.com are soon following their lead. In two separate statements on March 28, both the crypto platforms anno...
Japan To Tighten Crypto Rules for Preventing Sanctions Evasion
The Japanese government is planning to make stricter rulings on cryptocurrency exchanges, as the country announced plans to amend its Foreign Exchange and Foreign Trade Act. According to Hokazu Matsun...
New York’s Thomas Spieker Accused of Crypto Crimes
A man has been charged with bitcoin money laundering crimes in the state of New York. Thomas Spieker – a former party producer – worked with several illicit and dark web clients, many of whom were hac...