Ethereum
ClearToken Raises $10M From Institutional Investors Including Nomura’s Laser Digital
The crypto clearing house plans to start preliminary settlement services in the U.K. this year, subject to regulatory approval. Source link
Year: 2024
Bitcoin
Thailand Greenlights Income Tax Exemption for Investment Token Earnings: Report
Earnings already subject to the 15% capital gains tax don’t need to be included when calculating income taxes. Source link
Market Analysis
Nigeria presses Binance for user data amid detention of executives in Abuja
Nigeria demands Binance user data amid naira speculation. Binance executives detained in Abuja, diplomatic tensions rise. International response to detention adds complexity to conflict. As Nigeria grapples with economic challenges, including currency devaluation, it is […]
Regulation
Terraform Labs Allowed to Hire Law Firm Dentons In Bankruptcy Case by U.S. Court: Reuters
A U.S. court has allowed Terraform Labs to hire law firm Dentons to defend the company in a lawsuit brought against it by the U.S. Securities & Exchange Commission (SEC) in Jan. 2024. Source link
Ethereum
Instant Settlement Needed to Compete With Crypto, India’s Markets Regulator Says
Madhabi Puri Buch, chairperson of the Securities and Exchange Board of India (SEBI), announced plans to introduce faster settlements on Monday. India is planning to introduce a same-day settlement cycle from March 28 on an […]
Bitcoin
Bitcoin ETFs See Record $1 Billion Inflows, Price Hits News ATH
Yesterday, the Bitcoin price journey resembled a high-intensity rollercoaster ride, initially soaring past the $73,000 mark before encountering a tumultuous liquidation event. This event saw over $361 million worth of leveraged trades unwound, compelling the […]
Market Analysis
NFTs Do Not Require New Regulations, Says US Copyright Office
The recent joint study by the US Copyright Office and the US Patent and Trademark Office has concluded that the current legal framework adequately addresses the complex arena of non-fungible tokens (NFTs). Initiated by a […]
Regulation
QCP Capital Highlights Ether Price Pressure as ETH Holds Steady Above $4K Pre-Dencun Upgrade
Historically, network upgrades like Bitcoin’s Taproot and the Ethereum merge have had minimal impact on pricing under bearish and sideways market conditions, but with current market dynamics, there could be price reflexivity on Ethereum and […]
Market Analysis
Patient Capital Management ditches Grayscale Bitcoin Trust for Bitcoin ETPs
Patient Capital Management shifts from Grayscale to Bitcoin ETPs diversify investment portfolio. An updated SEC filing shows that the firm has replaced Grayscale Bitcoin Trust with Bitcoin ETPs. The firm plans to allocate $200 million […]
Bitcoin
Nigeria Wants Binance to Submit List of Country’s Top 100 Users, While Sill Detaining Two Senior Executives: FT
According to the FT, Nigeria sees Binance as a crucial link undermining government efforts to stabilize its currency, the naira. Additionally, Nigeria is asking Binance to resolve any outstanding tax liabilities. Binance has removed the […]