Cryptocurrency Market

  • Market Cap: $3,745,335,784,715.78
  • 24h Vol: $92,661,982,591.19
  • BTC Dominance: 55.38%

rules

ukraine-to-adopt-europe’s-crypto-rules,-clarifies-taxation

Ukraine to Adopt Europe’s Crypto Rules, Clarifies Taxation

Officials have revealed that Ukraine intends to implement the crypto market rules approved by the European Parliament. While the government is already moving in that direction, the tax service has issued a clarification regarding the taxation of income resulting from cryptocurrency transactions. Ukraine Set to Incorporate EU Crypto Regulations Into National Law A regional leader […]

Ukraine to Adopt Europe’s Crypto Rules, Clarifies Taxation Read More »

ethereum’s-shapella-upgrade-to-enable-staking-withdrawals-set-to-go-live-on-april-12

Ethereum’s Shapella Upgrade to Enable Staking Withdrawals Set to Go Live on April 12

The Ethereum blockchain is set to undergo its next major update since the network switched from proof-of-work to proof-of-stake through The Merge. The upcoming upgrade, dubbed “Shapella,” which combines the Shanghai and Capella validator changes, is expected to take place on April 12, 2023. While most users will not be affected by the change, the

Ethereum’s Shapella Upgrade to Enable Staking Withdrawals Set to Go Live on April 12 Read More »

former-ftx-ceo-seeks-$10m-insurance-fund-for-legal-defense,-request-opposed-by-ftx-debtors-and-unsecured-creditors

Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors

Court filings reveal that the FTX co-founder is seeking access to a $10 million insurance plan to cover his attorney fees. FTX debtors and unsecured creditors have opposed Sam Bankman-Fried’s request, arguing that every dollar spent on his defense is “one less dollar” available to cover the losses of the debtors. FTX Debtors and Unsecured

Former FTX CEO Seeks $10M Insurance Fund for Legal Defense, Request Opposed by FTX Debtors and Unsecured Creditors Read More »

binance-sued-by-cftc-for-alleged-violations-of-trading-and-derivatives-rules

Binance Sued by CFTC for Alleged Violations of Trading and Derivatives Rules

The world’s largest crypto exchange by trade volume, Binance Holdings Ltd., has been sued by the U.S. Commodity Futures Trading Commission. Binance CEO Changpeng Zhao has been named in the lawsuit and the charges claim the crypto exchange broke several trading and derivatives rules. The lawsuit also names Binance’s former chief compliance officer, Samuel Lim,

Binance Sued by CFTC for Alleged Violations of Trading and Derivatives Rules Read More »

crypto-ads-in-belgium-to-feature-‘punchy-warning’-of-risks,-new-rules-imply

Crypto Ads in Belgium to Feature ‘Punchy Warning’ of Risks, New Rules Imply

The financial regulatory body of Belgium has been tasked by the government to regulate advertisements for cryptocurrencies. New rules, set to enter into force in May, oblige advertisers to clearly warn investors of the risks associated with the digital assets. Belgium Poised to Protect Consumers From Misleading Crypto Advertisements Belgium’s Financial Services and Markets Authority

Crypto Ads in Belgium to Feature ‘Punchy Warning’ of Risks, New Rules Imply Read More »

tel-aviv-stock-exchange-takes-steps-to-allow-crypto-trading

Tel Aviv Stock Exchange Takes Steps to Allow Crypto Trading

Israel’s public stock exchange is suggesting regulatory amendments that would permit some clients to trade crypto assets. The proposals, which have been put forward for public consultation, come at the backdrop of a growing number of regulated institutions getting involved in the digital asset market, the exchange noted. TASE Exchange Moves to Regulate Cryptocurrency Trading

Tel Aviv Stock Exchange Takes Steps to Allow Crypto Trading Read More »

uzbekistan-allows-foreign-firms-to-deposit-funds-from-crypto-trading,-restricts-other-operations

Uzbekistan Allows Foreign Firms to Deposit Funds From Crypto Trading, Restricts Other Operations

The Central Bank of Uzbekistan has permitted foreign-based businesses to open domestic bank accounts and deposit funds received from cryptocurrency trading. These companies will also be able to transfer the money abroad, but operations in the country will be restricted. Uzbekistan Updates Rules for Operations With Proceeds From Crypto Exchange Transactions The Central Bank of

Uzbekistan Allows Foreign Firms to Deposit Funds From Crypto Trading, Restricts Other Operations Read More »

kazakhstan-parliament-adopts-law-regulating-crypto-mining-and-exchange

Kazakhstan Parliament Adopts Law Regulating Crypto Mining and Exchange

Lawmakers in Nur-Sultan have approved the final version of the law “On Digital Assets in the Republic of Kazakhstan.” The new legislation, including several other bills, regulates the circulation of cryptocurrencies in the country and introduces a licensing regime for crypto miners and exchanges. Senate Votes on Crypto Law, Sends It to President of Kazakhstan

Kazakhstan Parliament Adopts Law Regulating Crypto Mining and Exchange Read More »

‘prohibitive’-capital-rules-for-banks-holding-crypto-win-support-in-eu-parliament

‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU Parliament

Lawmakers in the European Union have backed legislation imposing new capital requirements for financial institutions, including strict rules meant to cover crypto-related risks. The latter concern banks keeping digital assets and are expected to enter into force in January, 2025. EU Legislators Approve Draft Law Implementing the Basel III Capital Regulations for Banks Members of

‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU Parliament Read More »

poland’s-consumer-protection-agency-opens-case-against-cryptocurrency-exchange

Poland’s Consumer Protection Agency Opens Case Against Cryptocurrency Exchange

The body ensuring that consumer rights are respected in Poland has initiated proceedings against a crypto exchange falsely claiming to be Polish. The trading platform also misled customers that it was operating with the regulatory approval of the financial authorities in the country. Belize-based Exchange Risks Hefty Fine in Poland for Allegedly Deceiving Crypto Traders

Poland’s Consumer Protection Agency Opens Case Against Cryptocurrency Exchange Read More »