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Jorge Tenreiro, the former chief of the Securities and Exchange Commission’s (SEC) crypto assets and cyber unit, has been promoted to the role of chief litigation counsel. In his new position, Tenreiro…
South Korea’s Democratic Party (KDP) has agreed to delay the implementation of the country’s crypto capital gains tax by two more years. Initially set to take effect in January 2025, the tax…
Bitcoin’s latest price movements have sparked excitement among traders, who believe the cryptocurrency has entered its price discovery phase. Analysts suggest this phase could bring “insane long opportunities” and potentially drive Bitcoin’s…
Boyaa Interactive International, a Hong Kong-based company known for its online card and board games, has shifted its crypto treasury strategy by exchanging $49 million worth of Ether (ETH) for Bitcoin (BTC).…
Japanese cryptocurrency exchange DMM Bitcoin is reportedly preparing to liquidate after a devastating hack in May led to the loss of $320 million worth of Bitcoin. The company has struggled to recover…
MicroStrategy Chairman Michael Saylor has suggested that Microsoft could boost its market capitalization by nearly $5 trillion if it integrates Bitcoin into its financial strategy. In a bold three-minute presentation featuring 44…
Ethereum exchange-traded funds (ETFs) in the U.S. reached a major milestone on November 29, 2024, as daily inflows hit $332.9 million—the highest since their launch. For the first time, Ethereum ETFs outpaced…
As central banks continue exploring digital innovations, their enthusiasm for central bank digital currencies (CBDCs) appears to be waning. According to the Official Monetary and Financial Institutions Forum (OMFIF) in its annual…
Indonesia’s cryptocurrency market has witnessed remarkable growth in 2024, with transactions totaling over $30 billion between January and October. This marks a staggering 350% increase compared to the same period in 2023,…
The New York Department of Financial Services (NYDFS) is reportedly on the verge of approving Ripple Labs’ RLUSD stablecoin, an overcollateralized dollar-pegged asset. According to Fox Business, the green light could come…
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