Binance Reportedly Denied Crypto License in Germany
Germany’s financial regulator has refused to grant Binance a crypto custody license, according to a media report. A rejection would prevent the exch…
US Judge Orders Kraken to Release Customer Data to IRS in Cryptocurrency Tax Probe
Kraken, the San Francisco-headquartered digital currency exchange, has received a court order from a U.S. judge requiring the release of customer da…
Veteran Trader Peter Brandt Urges Federal Reserve to Raise Interest Rates Another 100 Basis Points
Veteran trader Peter Brandt has urged the U.S. Federal Reserve to stay hawkish and increase interest rates another 100 basis points to protect the n…
Slovakia to Lower Tax on Income From Crypto Holdings
Lawmakers in Slovakia have adopted legislation that will reduce the tax burden for cryptocurrency holders in the country. Income derived from long-t…
Presidential Candidate Javier Milei Claims He Has the Funds to Dollarize Argentina
Javier Milei, a liberal presidential candidate in Argentina, stated recently that he has the funds needed for the dollarization of the country at th…
FTX Pauses Sale of $500 Million Stake in AI Startup Anthropic
Failed crypto exchange FTX has unexpectedly halted the sale of its stake in the artificial intelligence (AI) startup Anthropic. The stock has been v…
Binance to Lose Euro Transfers as Paysafe Drops Support
Paysafe will discontinue support for bank transfers of euros to and from Binance, the payments provider announced. The news comes when the world’s l…
Alleged Admin of Darknet Marketplace Monopoly Market Extradited to US
The suspected administrator of the Monopoly Market darknet marketplace has been extradited from Austria to face charges in the U.S. The man, a citiz…
Sharia-Compliant Islamic Coin Secures $200 Million in Funding From ABO Digital
Islamic coin, a Sharia-compliant crypto asset, has secured $200 million from ABO Digital, which brings to $400 million the total funding that the pro…
Binance Abandons Planned Delisting of Some Privacy Coins in EU Markets
Cryptocurrency exchange Binance has reconsidered a decision to delist some privacy tokens in several European markets. The leading coin trading plat…
Ledger Unveils Tradelink: A Custodial Crypto Trading Platform Tailored for Institutions
On June 28, the crypto hardware wallet manufacturer and security firm Ledger unveiled its latest offering, a digital currency exchange and custodial…
Shanghai Clearing House Introduces Support for Digital Yuan Settlements
The Shanghai Clearing House, Asia’s first counterparty clearing institution, announced support for payments made with the digital yuan Monday. Accor…
State Duma Chairman of Financial Markets Committee: Russia to Exert Serious Control Over Crypto After Legalization
Anatoly Aksakov, chairman of the Financial Markets Committee of the State Duma, the lower chamber of the Federal Assembly in Russia, has remarked th…
Nevadas Financial Watchdog Seeks Receivership of Crypto Custodian Prime Trust Amidst Insolvency Concerns
In a recent submission to the Eighth Judicial District Court in Las Vegas, the Nevada Financial Institutions Division has expressed its intention to…
IMF Boss: Supporting Egyptian Currency Akin to Putting Water in a Bucket That Has Holes
Kristalina Georgieva, the International Monetary Fund (IMF)’s managing director, has said Egypt needs to plug leakages of foreign reserves if it wis…
HSBC Enables Bitcoin and Ethereum ETF Trading on Mobile Apps in Hong Kong
Banking giant HSBC has begun letting customers buy and sell bitcoin and ethereum exchange-traded funds (ETFs) that are listed on the Hong Kong stock…
Yuan Usage Soars in Argentina: Over 500 Companies Request to Pay for Imports in Chinese Currency Report
Over 500 companies in Argentina have reportedly requested to pay for imports using Chinese yuan as the U.S. dollar shortage worsens. “The central ba…
Crypto Companies in Japan Get Tax Relief Under Revised Rules
The tax administration of Japan has provided an exemption to companies issuing cryptocurrencies under a revision of the corporate tax rules. A local…
Report: Dozens of Chinese Nationals Arrested in Libya for Operating Illegal Crypto Mining Farm
Around 50 Chinese nationals have reportedly been apprehended by Libyan authorities following allegations of running a cryptocurrency mining facility…
Brit Gets Prison Time for Twitter Hack Impersonating Biden Buffett in Bitcoin Scheme
A U.K. citizen has been sentenced by а New York court to five years in prison for his role in a Twitter hack including the hijacking of accounts of …
Banking Giants Crédit Agricole Santander Seek to Provide Crypto Custody Under French Registration
A subsidiary co-owned by Crédit Agricole and Santander has registered as a digital asset service provider in France. The registration of Caceis, a c…
What is De-Dollarization? Exploring the Shift Away From the US Dollars Global Dominance
From the latter half of 2022 and continuing into 2023, the concept of de-dollarization has gained significant traction, making its mark on the mains…
US Treasury Secretary Defends Dollar Dominance as Emerging Markets Push to De-Dollarize
U.S. Treasury Secretary Janet Yellen has defended the dominance of the U.S. dollar amid rising efforts by emerging countries to de-dollarize. Brazil…
Winklevoss Twins Rail Against US SECs Anti-Crypto Stance: It Does Not Feel Like America It Feels Like Venezuela
The Winklevoss twins, founders of Gemini, a U.S.-based cryptocurrency exchange, have criticized the U.S. Securities and Exchange Commission (SEC) fo…
Over 100000 Compromised Chatgpt Accounts Discovered on Darknet Markets
Cybersecurity researchers have found tens of thousands of devices storing Chatgpt credentials that have been infected with info-stealing malware. Th…
Brazil to Push De-Dollarization Agenda at BRICS Meeting
Brazilian President Luiz Inácio Lula da Silva has revealed his intention to raise the issue of de-dollarization at the next BRICS meeting. “Why Braz…
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