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Law Firm Calls Australia’s New Crypto Tax Guidance “Toilet Paper”

Australian law firm Cadena Legal says the country’s new decentralized finance (DeFi) guidelines on crypto tax should be deemed “toilet paper.” Citing a lack of...

SEC Commissioner Hester Peirce Says Securities Regulator’s Crypto Crackdown Has No ”Rhyme Or Reason”

Republican Securities and Exchange Commissioner (SEC) Hester Peirce says the regulator’s crackdown on US crypto companies has no “rhyme or reason.” Out of many troubling...

Lawmaker Tom Emmer Slams US Treasury Department Following Crypto Crackdown Proposal, Says It Wants ”Surveillance State”

House Financial Services Committee member Tom Emmer slammed the US Treasury Department for its latest request for more power to crack down on the crypto...

Grayscale Bitcoin Trust Discount Shrinking And Investors Back New Bitcoin ETF Token With $2M As Sellout Nears And SEC Approval Bets Mount

The Grayscale Bitcoin Trust (GBTC) discount is evaporating and the new Bitcoin ETF Token ($BTCETF) has attracted $2 million from traders in the latest two...

Pando Asset Enters Spot Bitcoin ETF Race While Blackrock And SEC Meet Again

Swiss fund manager Pando Asset became the latest firm seeking approval for a spot Bitcoin ETF (exchange-traded fund) in the US.  The pending Pando Asset...

FTX Wins Approval To Sell $873 Million Of Grayscale, Bitwise Assets

FTX has received approval from a bankruptcy court to start selling up to $873 million worth of assets in Grayscale and Bitwise investment trusts. The...

Trending News

South African regulator may license 36 crypto companies in December

The Financial Sector Conduct Authority reviewed 128 applications from crypto service asset providers. South Africa’s principal financial regulator, the Financial Sector Conduct Authority (FSCA), reviewed...

South Korean financial authorities solicit reports on unlicensed crypto exchanges

Financial regulators in South Korea have opened a window of time for people to come forward and report any unlicensed cryptocurrency exchanges operating in the...

Bitcoin market cap overtakes Berkshire Hathaway, soars past $800B

Bitcoin is now the 10th biggest asset by market cap, following Meta Platforms (formerly Facebook) and Nvidia. Bitcoin (BTC), the original cryptocurrency, is gaining momentum...

UK House of Commons recommends further CBDC tests on viability, risks

The U.K. Parliamentary Committee fears that an official launch will demand a significant investment, adding that “It is not clear to us at this stage...

Safe Wallet scammer steals $2M through ‘address poisoning’ in one week

A malicious actor behind at least $5 million in crypto theft through “address poisoning" significantly ramped up attacks against Safe Wallet users in the last...

Bitcoin is of ‘national strategic importance’ says US Space Force officer

U.S. Space Force Major Jason Lowery wants the U.S. military to prioritize the investigation of proof-of-work systems like Bitcoin for the country’s defense. The United...


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