Результатов: 9483

Tax experts challenge HMRC’s proposed tax framework as ‘Not fit for purpose’

Accounting service leaders in the UK have disputed HMRC’s proposed taxation framework for decentralized finance (DeFi) transactions, labeling it as “not fit for purpose.” In a letter sent to HMRC, the UK’s tax authority, written by experts, including tax calculation software provider Recap and chartered accountants, Wright Vigar highlights the need for a more nuanced […] The post Tax experts challenge HMRC’s proposed tax framework as ‘Not fit for purpose’ appeared first on CryptoSlate. дальше »

2023-6-30 13:47


Blockchain Association calls for Gensler’s recusal from crypto enforcement decisions

The Blockchain Association is calling for SEC chair Gary Gensler to recuse himself from regulatory proceedings, claiming he demonstrates “clear bias” against the industry. Senior counsel Marisa Coppel wrote today that Gensler’s statements proclaiming all cryptocurrencies besides Bitcoin to be securities show that he has “prejudged the facts” without adequately assessing the evidence and data, […] The post Blockchain Association calls for Gensler’s recusal from crypto enforcement decisions appeared first on CryptoSlate. дальше »

2023-6-30 23:37


Canadian lawmakers publish recommendations in support of blockchain adoption

While the U.S. grapples with a fragmented and turbulent regulatory environment for digital assets, some of Canada’s lawmakers are attempting a more holistic approach. The Canadian House of Commons’ Standing Committee on Industry and Technology has published a comprehensive report on blockchain technology, including a series of recommendations to the Government of Canada to support […] The post Canadian lawmakers publish recommendations in support of blockchain adoption appeared first on CryptoSlate. дальше »

2023-6-29 06:00


KuCoin to introduce mandatory KYC, ending deposits for non-verified users

Crypto exchange KuCoin announced on June 28 that it will soon implement mandatory know-your-customer (KYC) checks for its users, a significant shift from their past policies New KYC rules begin in July KuCoin said that new customers will need to complete KYC checks to access its trading platform and other services starting on July 15, […] The post KuCoin to introduce mandatory KYC, ending deposits for non-verified users appeared first on CryptoSlate. дальше »

2023-6-29 00:36


Reclusive Binance co-founder Yi He speaks on SEC case

Binance’s famously private co-founder and CMO, Yi He, commented on the company’s regulatory standing in an interview published by Bloomberg on June 28. Yi He discusses regulations In several interviews, Yi He commented on regulatory challenges, noting: “If [regulators] really took the time to understand our industry, they would see that if Binance isn’t compliant, […] The post Reclusive Binance co-founder Yi He speaks on SEC case appeared first on CryptoSlate. дальше »

2023-6-29 23:32


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Bitcoin could be the refuge as bond market faces negative returns

Quick Take One of the most robust markets globally is the bond market, which, according to Visual Capitalist, was estimated to be worth $133 trillion in 2022. This colossal market has seen consistent growth over the last four decades, primarily driven by government debt increases due to interest rate reductions during each recession and the […] The post Bitcoin could be the refuge as bond market faces negative returns appeared first on CryptoSlate. дальше »

2023-6-28 21:10


First leveraged Bitcoin futures ETF opens for trading on CBOE

The Volatility Shares 2x Bitcoin Strategy ETF (BITX) opened for trading on the Chicago Board Options Exchange (CBOE) on June 27. Chang Kim, COO at Volatility Shares, said: “There’s a big audience that’s already out there for leveraged-type products, and to sort of marry that with the intrinsic interest that there is in all things […] The post First leveraged Bitcoin futures ETF opens for trading on CBOE appeared first on CryptoSlate. дальше »

2023-6-28 18:59


Bitfinex unveils peer-to-peer trading platform for Latin American markets

Bitfinex, a prominent digital asset trading platform, has announced the launch of a new peer-to-peer (P2P) platform, dubbed Bitfinex P2P. The platform, which will initially target markets in Venezuela, Argentina, and Colombia, enables customers to directly trade Bitcoin (BTC), Tether tokens (USDT and EURT), Tether Gold (XAUT), and Ethereum (ETH) while facilitating payments outside of […] The post Bitfinex unveils peer-to-peer trading platform for Latin American markets appeared first on CryptoSlate. дальше »

2023-6-27 18:01


Bank of England policy makers clash over digital pound design

The team at the Bank of England responsible for designing its digital pound CBDC project has clashed over its core design, according to Bloomberg. Tom Mutton, the director of fintech at the Bank of England (BoE) and head of the digital pound project, said a recent meeting failed to strike an agreement on the fundamental […] The post Bank of England policy makers clash over digital pound design appeared first on CryptoSlate. дальше »

2023-6-27 14:49


WisdomTree exec says data sharing agreements are a “key part” of Bitcoin ETF applications

Jeremy Schwartz, Global Chief Investment Officer at WisdomTree, commented on cryptocurrency spot exchange-traded funds (ETFs) on June 26. Surveillance agreements could make SEC “comfortable” During a CNBC interview, Schwartz said: “One of the things that recent [spot Bitcoin ETF] filings have in common … is that they are trying to have data sharing surveillance agreements […] The post WisdomTree exec says data sharing agreements are a “key part” of Bitcoin ETF applications appeared first on CryptoSlate. дальше »

2023-6-27 03:45


Court says it doesn’t need to “wordsmith” Binance and SEC’s announcements

The court handling the SEC’s ongoing case against Binance said that it is not necessary to revise either party’s public statements on June 26. The relevant order, signed by Judge Amy Berman Jackson, declared: “While all of the lawyers in this case should adhere to their ethical obligations … it is not … necessary or […] The post Court says it doesn’t need to “wordsmith” Binance and SEC’s announcements appeared first on CryptoSlate. дальше »

2023-6-27 02:16


TrueUSD maintains it has no exposure to Prime Trust despite community claims

TrueUSD (TUSD) stated in a June 22 Twitter post that it is not affected by the issues faced by crypto custodial firm Prime Trust. Prime Trust was forced to suspend all deposits of fiat and digital assets by Nevada financial regulators on June 21 because it failed to safeguard assets under its custody and could […] The post TrueUSD maintains it has no exposure to Prime Trust despite community claims appeared first on CryptoSlate. дальше »

2023-6-23 13:27


Exodus integrates Sovryn stablecoin with wallet; adds asset to its $100M treasury

Crypto wallet provider Exodus said June 22 that it is adding the Sovryn Dollar (DLLR) to its corporate treasury and user wallets. Exodus adds DLLR stablecoin to treasury Exodus CEO and Co-Founder JP Richardson said: “Besides taking its place on our corporate balance sheet, the Sovryn Dollar asset will soon be available to all of […] The post Exodus integrates Sovryn stablecoin with wallet; adds asset to its $100M treasury appeared first on CryptoSlate. дальше »

2023-6-23 01:33


Brooklyn spa’s Bitcoin mining-heated pools spark controversy on social media

A New York bathhouse using a Bitcoin mining rig to partially heat its facilities made news and has drawn heat on social media. BATHHOUSE, which opened in 2021, is a trendy Brooklyn spa offering patrons access to saunas, steam rooms, and three on-site pools, two of which are heated to over 90 degrees Fahrenheit—all of […] The post Brooklyn spa’s Bitcoin mining-heated pools spark controversy on social media appeared first on CryptoSlate. дальше »

2023-6-23 00:24


Binance expands to Kazakhstan amid global regulatory hurdles

Embattled crypto exchange Binance has launched a regulated digital asset platform in Kazakhstan amid its regulatory issues across multiple jurisdictions. In a June 21 statement, Binance said it had secured licensing from Kazakhstan’s AIFC Financial Services Authority (AFSA) to manage a digital asset platform and provide custodial services at the Astana International Finance Center (AIFC) […] The post Binance expands to Kazakhstan amid global regulatory hurdles appeared first on CryptoSlate. дальше »

2023-6-21 17:55


WisdomTree submits new filing for spot Bitcoin ETF

WisdomTree has submitted a filing through which it intends to gain approval from the U.S. Securities and Exchange Commission for a spot Bitcoin exchange-traded fund (ETF). WisdomTree describes its proposed investment vehicle, named WisdomTree Bitcoin Trust, as an ETF that would be listed on the Cboe BZX exchange under the ticker label BTCW, according to […] The post WisdomTree submits new filing for spot Bitcoin ETF appeared first on CryptoSlate. дальше »

2023-6-21 02:33


Japan’s crypto exchanges push for relaxed margin trading rules to attract new investors

Cryptocurrency exchanges in Japan have urged the authorities to loosen the regulations surrounding margin trading activities, according to a June 20 Bloomberg News report. JVCEA eyes higher leverage limits Japan Virtual and Crypto Assets Exchange Association (JVCEA), a body tasked with self-regulating the crypto industry, argued that its members want higher leverage limits for retail […] The post Japan’s crypto exchanges push for relaxed margin trading rules to attract new investors appeared first on CryptoSlate. дальше »

2023-6-20 14:25


Crypto platform Bakkt drops Cardano, Polygon, Solana as SEC scrutiny intensifies

Bakkt is the latest U.S.-based crypto platform to delist Cardano, Polygon, and Solana because of the recent regulatory uncertainty surrounding these assets, Fortune reported on June 16. Bakkt’s general counsel and secretary Marc D’Annunzio reportedly said: “[Bakkt is taking this measure] until there is further clarity on how to compliantly offer a more extensive list […] The post Crypto platform Bakkt drops Cardano, Polygon, Solana as SEC scrutiny intensifies appeared first on CryptoSlate. дальше »

2023-6-16 17:25


BlackRock files for spot Bitcoin ETF; Coinbase to serve as custodian for BTC holdings

BlackRock, one of the world’s largest asset managers, has filed plans with the U.S. Securities and Exchange Commission to create a spot Bitcoin ETF through its iShares subsidiary. The news comes after reports earlier in the day that the investment giant, which has more than $9 trillion in assets under management, was close to filing […] The post BlackRock files for spot Bitcoin ETF; Coinbase to serve as custodian for BTC holdings appeared first on CryptoSlate. дальше »

2023-6-16 00:50


Uniswap defends business source licensing choice amid criticism

Decentralized exchange Uniswap (UNI) defended its Business Source Licensing (BSL) choice for its V4 in a June 14 Youtube video. Uniswap Labs Engineering lead Noah Zinsmeister argued that making the source code BSL-protected is a balance between incentivizing innovation and giving exclusive proprietary rights for a short time, as the code will become General Public […] The post Uniswap defends business source licensing choice amid criticism appeared first on CryptoSlate. дальше »

2023-6-15 18:10


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Surge in Bitcoin open interest signals possible increase in volatility

Quick Take The incessant influx of disheartening news into the Bitcoin ecosystem continues to cast a shadow over the Bitcoin market, pushing its price further into the red. This downward trajectory is underscored by the options 25 delta skew (1-week), indicating that put options are not only trading at a premium but are also on […] The post Surge in Bitcoin open interest signals possible increase in volatility appeared first on CryptoSlate. дальше »

2023-6-15 16:24


Hong Kong regulator urges banks to accept crypto clients

The Hong Kong Monetary Authority (HKMA) is encouraging banking giants to accept crypto exchanges as clients, the Financial Times reported on June 15. While no restrictions hold Hong Kong banks back from accepting crypto clients, banks are wary of drawing regulatory scrutiny in case their clients are found ed in any criminal activities, the report […] The post Hong Kong regulator urges banks to accept crypto clients appeared first on CryptoSlate. дальше »

2023-6-15 14:15


Crypto industry speaks out against SEC’s attempt to conflate DeFi with centralized exchanges

The crypto industry is staunchly opposed to the SEC’s proposal to lump in DeFi platforms with centralized exchanges and regulate both using the same framework. The SEC opened a public consultation in April — with a June 13 deadline on a proposal to amend the rules used to identify crypto exchanges and extend them to […] The post Crypto industry speaks out against SEC’s attempt to conflate DeFi with centralized exchanges appeared first on CryptoSlate. дальше »

2023-6-13 20:17


Circle CEO praises US stablecoin bill in remarks prepared for House committee hearing

Circle CEO Jeremy Allaire published a June 12 blog post featuring testimony that he plans to present to Congress regarding draft stablecoin regulation. Allaire urges for pro-U.S. stablecoin rules Allaire said in his prepared remarks: “The stablecoin bill is a crucial piece of legislation that should be the first step in creating a regulatory framework […] The post Circle CEO praises US stablecoin bill in remarks prepared for House committee hearing appeared first on CryptoSlate. дальше »

2023-6-13 01:07


Bank of China subsidiary issues tokenized notes on Ethereum

A Chinese bank has issued tokenized notes on the Ethereum blockchain in collaboration with UBS Group, the latter firm said on June 12. Aurelian Troendle, Global Head of MTN Trading at UBS AG, said: “We are pleased to work with BOCI on this transaction to bring structured products onto a public blockchain network, supporting our […] The post Bank of China subsidiary issues tokenized notes on Ethereum appeared first on CryptoSlate. дальше »

2023-6-13 00:16


US lawmakers introduce bill to restructure SEC, remove Chairman Gary Gensler

U.S. lawmakers Warren Davidson and Tom Emmer introduced a bill on June 12 to restructure the U.S. Securities and Exchange Commission and remove its chairman, Gary Gensler. In a June 12 statement, the lawmakers stated that the bill, tagged “the SEC Stabilization Act,” would change the financial regulator’s current structure, ensuring its priorities protect investors’ […] The post US lawmakers introduce bill to restructure SEC, remove Chairman Gary Gensler appeared first on CryptoSlate. дальше »

2023-6-13 22:23


Sturdy Finance halts market after $800,000 exploit linked to faulty price oracle

Sturdy Finance paused its markets on June 12 following a protocol exploit – losses are estimated at around 442 ETH ($800,000) per Peckshield. In a statement, the team confirmed it was aware of the exploit, adding that no additional funds are at risk and no user actions are needed currently – with more information to […] The post Sturdy Finance halts market after $800,000 exploit linked to faulty price oracle appeared first on CryptoSlate. дальше »

2023-6-12 12:24


Coinbase CEO says crypto industry needs clarity, either from Congress or case law

The U.S. crypto industry needs regulatory clarity, which can only come from Congress or through case law, Coinbase CEO Brian Armstrong told The Wall Street Journal. Armstrong said there’s an ongoing power struggle between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) and Coinbase has been “caught in the middle” […] The post Coinbase CEO says crypto industry needs clarity, either from Congress or case law appeared first on CryptoSlate. дальше »

2023-6-12 18:53


Robinhood pulls the plug on MATIC, SOL, ADA amid SEC crackdown

U.S.-based digital trading app Robinhood announced today that it will end support for three major cryptocurrencies on June 27 — Cardano (ADA), Polygon (MATIC), and Solana (SOL). The company advised users to sell or transfer their holdings before the deadline, at which point the tokens will be automatically sold and converted to buying power on […] The post Robinhood pulls the plug on MATIC, SOL, ADA amid SEC crackdown appeared first on CryptoSlate. дальше »

2023-6-9 18:30