There are over 21000 cryptocurrencies in existence at the last count. Not all of them are equally desirable, just as not all the real world’s currencies are on the same footing. Investors looking to e...
Tag: Crypto
Japan Reduces 30% Crypto Tax On Paper Earnings For Token Issuers
Even if they haven’t made a profit via the sale of their shares, Japanese crypto issuers are compelled to pay a predetermined corporation tax rate of 30% on their holdings under the current fram...
New York Financial Regulators share guidance to banks regarding crypto
Change is the only constant thing in the universe; if people do not change with change, they will perish. It is a universal law. The traditional way of finance is changing and in the modern day, crypt...
Crypto Mining Ponzis That Made $8.4M Face Charges.
A multitude of people who are responsible for creating and promoting two cryptocurrencies that are suspected of being fake face a litany of accusations that could send them to prison for a period of t...
Dogecoin Still a Top Ten Crypto 8 Years Later
Dogecoin may have been spawned as a joke, but the crypto asset has remarkable resilience. DOGE prices are currently trending lower, but there could be a turnaround soon. Dogecoin is one of the stalwar...
Charges laid over alleged ‘crypto mining’ Ponzis that netted $8.4M
United States prosecutors have laid charges in two separate cases against nine people who founded or promoted a pair of cryptocurrency companies alleged to be Ponzi schemes that netted $8.4 million fr...
High growth tokens for 2023: Rate That Crypto, Litecoin & Trust Wallet Token
The cryptocurrency market has encountered many ups and downs in 2022. Some investors made massive profits from their investments, while others didn’t. It could be a result of the crypto they choose to...
Japan set to ease 30% crypto tax on paper profits for token issuers
The Japanese government is set to ease tax requirements for local crypto firms, as it pushes to stimulate growth in the domestic finance and tech sectors. At present, Japanese firms that issue crypto ...
New House Financial Services Committee chair wants to delay crypto tax changes
The incoming United States House Financial Services Committee chair Patrick McHenry wants the Treasury to delay the implementation of a section of the Infrastructure Investment and Jobs Act that deals...
Embattled crypto lender Amber Group raises $300 million
Singapore-based crypto lender Amber Group today announced a $300 million fundraise that comes amid layoffs and refocusing at the company. Amber said in a tweet that it had closed a Series C roun...
Incoming UK FCA Chair Has Tough Plans for Crypto Industry
The incoming head of the UK’s Financial Conduct Authority (FCA) has issued a violent broadside against the wider crypto industry. Potentially setting the stage for a showdown with the UK government an...
Fantom Price Prediction: FTM Crypto Still Consolidates after 58% Recovery, Upcoming 100%?
Fantom price prediction suggests the token’s consolidation phase over the daily price chart. FTM crypto has slipped below 100 DMA but is still above 20 and 50 EMA. The pair of FTM/BTC is at 0.00001344...
Cosmos Price Prediction: Is ATOM Crypto Prepared to Break out from $10.00?
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Finder.com sued by Australian regulator over its crypto yield product
Financial product comparison website Finder.com is being sued by Australia’s financial services regulator for allegedly offering a cryptocurrency yield-bearing product without the required license. It...
Australian Securities Regulator Sues Platform for Crypto Product
The Australian finance watchdog has filed a lawsuit against Finder Wallet for violating consumer protection regulations. The Australian Securities and Investments Commission (ASIC) sued the unit of Fi...
Japan is Joining Hands with The Crypto Miners to Power Mining
Japan’s policy choices are furthering sustainable cooperation with its cryptocurrency miners. Bitcoin Mining in Japan Japan-based utility, Tokyo Electric Power (TEPCO) is collaborating with mining equ...
The VC-dominated crypto funding model needs a reboot
Does the crypto industry’s funding space need an overhaul? This is one of many questions swirling in the wake of FTX’s downfall: When the prominent exchange collapsed, it left behind a long line of he...
Bank of Russia Moves to Safeguard Crypto Companies Against Sanctions – Regulation Bitcoin News
The Central Bank of Russia has introduced measures to protect entities working with digital assets from sanctions pressures. These businesses will be exempted from some reporting requirements as part ...
Crypto Market Review, Dec. 15
Arman Shirinyan Cardano’s fundamental value continuously rising thanks to implementation of ADA staking in one of biggest wallets in industry The market reaction to the FED’s 50 bp rate hi...
Crypto institutions and Paul Krugman: a tale of misunderstanding
The views and opinions expressed here belong solely to the author and do not represent the views and opinions of Crypto News’ editorial. Paul Krugman fails to understand the true value of blockchain t...
Active Crypto Developers Decreased Nearly 60% in 2022
The decline has come as ether, the token of the Ethereum blockchains, and other cryptocurrencies have plummeted from record highs little more than a year ago. ETH was recently trading at about $1,300,...
US Senators Unveil New Crypto Bill — Experts Call It the ‘Most Direct Attack’ on Personal Freedom and Privacy of Crypto Users – Coinotizia
Two U.S. senators, including Elizabeth Warren, have introduced a bipartisan bill for the regulation of cryptocurrency. The bill, titled “Digital Asset Anti-Money Laundering Act,” is “the most direct a...
France is considering licenses for crypto companies
France may require crypto businesses to obtain a full license to align the country’s legislation with forthcoming EU rules. Currently, crypto companies do not need a formal license to operate in Franc...
Crypto Derivatives Platform Paradigm Reduces Pay Avoiding Layoffs
15 seconds ago | 2 mins read Defi News Entire derivatives platforms felt the effects, with the major firms laying off employees. Recent times have witnessed a rise in the number of layoffs throughout ...
New York State issues guidance for banks seeking to engage in activities with crypto
The New York state Department of Financial Services (DFS) released guidance on Dec. 15 for regulated banks seeking to engage in activities with virtual currency. The guidance, which took effect immedi...
US Senators Unveil New Crypto Bill — Experts Call It the ‘Most Direct Attack’ on Personal Freedom and Privacy of Crypto Users – Regulation Bitcoin News
Two U.S. senators, including Elizabeth Warren, have introduced a bipartisan bill for the regulation of cryptocurrency. The bill, titled “Digital Asset Anti-Money Laundering Act,” is “the most direct a...
Opera launches Web3 browser with increased security for crypto users
Opera’s new Web3 Guard browser constantly scans threats and phishing keywords to make web browsing safer for crypto users. According to the recent Chainalysis report, crypto users have been over 125 h...
FCA’s incoming chairman states his deprecatory stance on crypto
Ashley Alder, the newly appointed chair of the Financial Conduct Authority (FCA) of the UK, made an unfavorable remark about cryptocurrencies and the businesses that deal with them. Cryptos as a platf...
Crypto Lender Amber Slashes 60% of Workforce
Amid the continuing fallout from the collapse of FTX, one of Asia’s biggest crypto lenders, Amber Group, is taking radical cost-cutting measures. According to a report by Bloomberg, the Singapore-base...
Senator Warren Presents Bill on Monitoring Crypto Industry
Right move at the right time? A new bill, which disclosed new regulatory blueprints against money laundering via crypto has been introduced. Senator Elizabeth Warren (D-Mass), and Roger Marshall (R-Ka...