Day: 16 December 2022

Despite his previous reservations about Bitcoin, former US President Donald Trump has entered the cryptocurrency industry with the release of a new NFT collection. In the spirit of the holiday season, Donald Trump released the NFT collection to thank his supporters. Trump announced that the collection, created in collaboration with ...

Solicitors representing FTX, the bankrupt cryptocurrency exchange, have asked the Federal Court for permission to sell four of its subsidiaries. These subsidiaries include Embed Business, FTX Europe, Ledger X, and FTX Japan. This was revealed in a document filed with the Bankruptcy Court of Delaware.   Since the parent company, FTX, ...

The US Securities and Exchange Commission (SEC) has again denied Grayscale's application to launch a bitcoin exchange-traded fund (ETF). According to court records and a report from the Financial Times, the SEC cited concerns about fraud and manipulation as the primary reasons for the rejection.  Grayscale, a leading digital asset ...

Mazars Group, the company responsible for auditing Binance and Crypto.com, has announced that it will suspend its work with cryptocurrency businesses. According to a spokesperson at Binance, Mazars has indicated that it will pause its work with all of its global crypto clients, including Binance, Crypto.com, and KuCoin. The need ...

In an effort to boost growth in the domestic finance and IT sectors, the Japanese government plans to streamline tax regulations for local cryptocurrency companies. Currently, these companies are required to pay a flat 30% corporate tax rate on their cryptocurrency holdings, regardless of whether they profit from a sale. ...

Kyber Network is a DeFi cryptocurrency that focuses on building an alternative to traditional exchanges where the buying and selling of cryptocurrency assets can take place.  The platform's exchange is powered by a distributed network of software users, code, and the Ethereum blockchain,  The Kyber team has developed three tools ...

Hong Kong Exchanges and Clearing Limited (HKEX) has announced the launch of two crypto asset ETFs today: CSOP Bitcoin Futures ETF (stock code: 3066) and CSOP Ether Futures ETF (stock code: 3068). This will be the first crypto asset ETF exposure in Asia.   This development will make Asia receptive to ...

According to Reuters, former FTX CEO Sam Bankman-Fried has applied for bail in the Bahamas Supreme Court.  This information was provided on Thursday by a person supposedly familiar with the case following a magistrate judge's denial of the former cryptocurrency mogul's bail application on Tuesday. Also on Thursday, the Bahamas ...