Cryptocurrency - Tag Archives - Cryptonews (Page 148)

Amber Group Eyes US Listing ‘Next Year or the Year After’ – CEO

The Hong Kong-based crypto trading and technology firm Amber Group is considering going public through a direct listing in the US as early as next year, according to its founder & CEO, Michael Wu. Wu told the South China Morning Post that a direct listing is “definitely on the table...

, by Fredrik Vold

Celebrity Endorsement Weighs Heavily for US Crypto Investors – Survey

Crypto owners differ from other investors in how they gather information about potential investments, a survey conducted by the business intelligence firm Morning Consult has revealed. In particular, celebrity endorsement of cryptoassets appears to weigh heavily when crypto holders make their...

, by Fredrik Vold

Brace For ‘Really Volatile’ 6-12 Months in Crypto Regulatory Sphere – Novogratz

There is “absolutely no doubt” that Gary Gensler, the US Securities and Exchange Commission (SEC) chairman installed earlier this year, is seeking to regulate crypto, and that he “wants to be the sheriff of cryptoville,” according to CEO of Galaxy Digital Mike...

, by Fredrik Vold

Users to Begin Testing Robinhood Crypto Wallets Next Month

US-based major financial services company Robinhood confirmed that crypto wallets are coming to the platform, allowing their users to move crypto in and out of the app.They shared in today’s announcement that “starting next month, the first customers will begin testing crypto wallets on...

, by Sead Fadilpašić

US Watchdogs Send More Warning Signs to Altcoins & DeFi, But Coinbase Has a Plan

Crypto regulation could be set to come to a head in the United States: The Securities and Exchange Commission (SEC) Chairman Gary Gensler said his agency had “robust authorities” to regulate the crypto sector “broadly,” adding that the SEC is “going to use...

, by Tim Alper

Robinhood’s Crypto Wallet Plans May Spur Similar Moves By Competitors

In a bid to facilitate the use of cryptoassets, US online trading platform Robinhood is reportedly testing a new crypto wallet and crypto transfer functionalities for its app. This could place the platform ahead of competitors who currently pool their customers’ crypto holdings - and push...

, by Jaroslaw Adamowski

US Infra Bill Provision May Force Crypto Users To Report USD 10K+ Transactions

An amendment in the much-discussed Infrastructure Bill passed by the US Senate last month could see a broad range of crypto users facing up to five years in prison for receiving digital assets, if it's not reported correctly, warned the Proof of Stake Alliance (POSA). The provision, which...

, by Jaroslaw Adamowski

How Bitcoin Mining Might Help Nations With Domestic Energy Production

"Bitcoin mining allows for a faster payback on renewable energy projects such as solar, wind or hydro projects."Miners are already raising capital to finance and build their own power plants."Bitcoin mining facilities can participate in demand response programs to improve the health of the grid...

, by Simon Chandler

South Korean Ruling Party Squabbles over Crypto Tax

South Korea’s ruling party is at loggerheads over the thorny issue of crypto tax. The government could even face a backbench revolt as parts of the party want to delay or amend incoming tax laws.As previously reported, the National Assembly has already green-lighted a change to the existing...

, by Tim Alper

Bitcoin Pay: Why it’s No Longer Big in Japan

When it comes to bitcoin (BTC) adoption, few countries can hold a candle – in terms of commitment at least – to El Salvador, a nation where you can now pay for everything from dental care to recording studio time in BTC. But once upon a time, Japan was the country everyone in the crypto...

, by Tim Alper

China Goes After Camouflaged Crypto Miners Ahead of Winter Season

China is ramping up its fight against cryptocurrency miners – specifically those in disguise.Citing “people with knowledge of the situation,” a report by Bloomberg claims that the country’s regulatory forces are now targeting those miners who claimed to be data researchers...

, by Sead Fadilpašić

P2P Platforms, Cross-border Transactions Drive African Crypto Markets

Africa’s crypto market remains relatively small compared to other continents, but it is developing at a fast pace, driven by peer-to-peer (P2P) platforms and increasing use of crypto for international commercial transactions, according to blockchain analysis company Chainalysis.“Not...

, by Jaroslaw Adamowski

Authorities Seize USD 5.2m in Crypto from ‘Tax Dodgers’

A provincial branch of the South Korean tax body has returned to the warpath, seizing over UD 5.2m worth of crypto from 1,661 companies and taxpayers who it suspects of under-reporting earnings and seeking to conceal funds by making unreported cash for crypto purchases.Tax officers have conducted a...

, by Tim Alper

Larger S Korean Crypto Exchanges Announce ‘Temporary’ End of Fiat Trading

The ball is finally starting to roll in South Korea, where new rules requiring crypto exchanges to provide real-named authenticated banking services will come into force next week – potentially derailing scores of trading platforms.As previously reported, crypto exchanges must obtain...

, by Tim Alper

CBDCs, Stablecoins & Crypto Can Disrupt Traditional Finance – Moody’s

The major financial ratings agency Moody’s named central bank digital currencies (CBDCs) and stablecoins as two of the four forces that “have the potential to dislodge financial incumbents from their dominant role as middlemen in the financial system.”The four forces, which also...

, by Fredrik Vold

Politicians Want USD 16B More From US Cryptofolk, But S Korea Sees Better News

Democratic Party members on opposite sides of the world could be set to push for crypto regulatory change – but while in South Korea, crypto communities could see their crypto tax threshold raised, in the USA, politicians want to wring several billion dollars out of crypto holders.American...

, by Tim Alper

# Cryptocurrency (Page 148)

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