As 2024 comes to a close, the crypto market is booming, with Bitcoin reaching an all-time high of $ 100,000 per BTC. However, this remarkable growth brings heightened responsibilities for crypto investors, particularly as the tax season approaches. Whether you’re preparing for the UK tax deadline on January 31st, navigating the new IRS regulations …
The UK government is urged to create a bitcoin reserve as Trump’s pro-crypto policies drive global competition in the race for digital economic dominance. Bitcoin Reserve in UK Sparks Debate as Trump Drives Global Crypto Shift Nigel Green, CEO of Devere Group, an independent wealth management and financial advisory organization, has called on the UK […]
Global asset manager Wisdomtree has filed for an XRP ETF in Delaware, marking a potential breakthrough amid regulatory shifts. Regulatory Shifts Loom as XRP ETF Eyes Breakthrough Moment Global investment management firm Wisdomtree, renowned for its extensive range of exchange-traded funds (ETFs), has filed with the state of Delaware to establish an XRP ETF. Fox […]
At 1:30 p.m. Eastern Time on Monday, U.S. President-elect Donald Trump’s cryptocurrency portfolio is valued at $ 5.43 million. Despite the high market prices for crypto, this figure represents a noticeable dip compared to its worth in June. Crypto Commander-in-Chief Donald Trump is set to become the first U.S. President openly supportive of cryptocurrency, …
On Monday, the crypto economy nudged upward by 1.46% over the last 24 hours, reaching a hefty $ 3.35 trillion. While bitcoin (BTC) and ether (ETH) maintained their usual pace, a few standout digital assets stole the limelight. Among the frontrunners were ELF, SAND, GLM, ENS, and LDO, each carving out its moment in …
Ripple’s legal chief has unveiled bold strategies for incoming SEC leadership amidst crypto shifts, spotlighting Ripple’s battle-tested blueprint involving XRP. Bold Steps Needed: Ripple Legal Chief’s Vision for SEC’s Crypto Reset Ripple’s chief legal officer, Stuart Alderoty, shared his recommendations on social media platform X Thursday for the incoming U.S. Securities and Exchange Commission (SEC) […]
Non-fungible token (NFT) sales cooled off this week, slipping 9.3% compared to the prior period, even as the broader cryptocurrency market climbed higher. NFT Market Shifts: Ethereum and Bitcoin Sales Plunge, Solana Gains Ground Data from cryptoslam.io revealed that NFT transactions over the past seven days amounted to $ 161.47 million. Ethereum NFTs dominated …
Crypto All-Stars (STARS) has become one of the biggest presale events of 2024. Investors are buzzing about the project’s take on meme coin staking, which has helped it raise over $ 5 million in early funding. With just four weeks until the STARS token presale ends, could this be the last chance to get …
In the SEC’s latest report detailing the Examination Priorities for 2025, the Commission has reinforced its gameplan to keep a close eye on the crypto industry. As the market for digital assets continues to grow in both size and complexity—particularly with the introduction of Bitcoin ETFs and similar ETH products—the SEC’s Division of Examinations is […]
Binance expands its compliance team to meet the growing needs of the crypto industry and its user base. Compliance Remains Vital for Binance By the end of the year, Binance, one of the world’s largest cryptocurrency exchanges, plans to have 645 full-time compliance staff members—a 34% increase from November 2023—as it continues to expand its […]
India’s financial services secretary expressed deep skepticism about cryptocurrency, calling it a doubtful scheme, despite the nation’s top crypto adoption ranking. Indian Official Speaks Out: ‘Very Skeptical of Cryptocurrency’ M. Nagaraju, Secretary of India’s Department of Financial Services (DFS), expressed strong doubts about cryptocurrencies during the SBI Banking & Economics Conclave on November 18, 2024. […]
BTC and XRP challenge securities classifications as a legal expert argues underlying assets are distinct from investment contracts, intensifying calls for regulatory clarity in crypto markets. BTC and XRP Lead Legal Shift in Crypto Investment Contract Standards A well-known advocate in the cryptocurrency community, John E. Deaton, has strongly criticized the conflation of crypto assets […]
The Financial Industry Regulatory Authority (FINRA)’s new crypto guidelines spotlight risks and FOMO-driven decisions, with advice on crypto investing. New Crypto Guidelines Highlight Key Challenges for Crypto Investors The Financial Industry Regulatory Authority (FINRA) has introduced a comprehensive guide for investors exploring the world of crypto assets. FINRA is a non-governmental organization that oversees brokerage […]
The Australian Treasury has invited public feedback on implementing the Organization for Economic Cooperation and Development (OECD)’s crypto asset reporting model. Tackling Crypto-Linked Tax Evasion The Australian Treasury has invited the public to comment on options for the country’s implementation of the Crypto Asset Reporting Framework (CARF). In a consultation paper released Nov. 21, the […]
As online gambling is evolving, cryptocurrencies have come into their own and provide better security, speed and universal access. For online platforms like Betospin, adopting crypto payments is about prioritizing players’ needs, revolutionizing the online gaming experience, and providing seamless access.”. In this article, you’ll learn how crypto is revolutionizing online gambling and what Betospin’s […]