Cryptocurrency

Crypto's FTX Chief Looking At All Options After Binance Deal Collapses

Crypto's FTX Chief Looking At All Options After Binance Deal Collapses

Reuters | Thursday November 10, 2022

FTX Chief Executive Officer Sam Bankman-Fried told employees he was exploring all options for his firm after a deal with cryptocurrency exchange Binance collapsed on Wednesday.

Elon Musk's Twitter Buyout Gives Wings To Dogecoin's Price

Elon Musk's Twitter Buyout Gives Wings To Dogecoin's Price

Reuters | Tuesday November 08, 2022, Singapore

It's no joke. Elon Musk's acquisition of Twitter has put fresh wind in the sails of dogecoin, the meme cryptocurrency he catapulted to fame.

Crypto Exchange Binance Helped Iranian Firms Trade $8 Billion Despite Sanctions: Report

Crypto Exchange Binance Helped Iranian Firms Trade $8 Billion Despite Sanctions: Report

Reuters | Saturday November 05, 2022, London

Crypto giant Binance has processed Iranian transactions with a value of $8 billion since 2018 despite U.S. sanctions intended to cut Iran off from the global financial system, blockchain data show.

Robinhood, Coinbase Find Sanctuary In Interest Income Amid Market Rout

Robinhood, Coinbase Find Sanctuary In Interest Income Amid Market Rout

Reuters | Wednesday November 02, 2022

For US online trading companies an often-overlooked financial metric could act as a bulwark against softening demand in the third quarter, according to analysts.

Blockchain Firm Valereum Gets Nod To Buy Gibraltar Exchange

Blockchain Firm Valereum Gets Nod To Buy Gibraltar Exchange

Reuters | Monday October 31, 2022, London

Blockchain company Valereum said on Monday it has received regulatory approval to buy the Gibraltar Stock Exchange (GSX) and turn it into a gateway to European capital for fledgling companies from the Middle East, India and Africa.

Hong Kong Proposes Allowing Retail Investors To Trade In Cryptocurrencies

Hong Kong Proposes Allowing Retail Investors To Trade In Cryptocurrencies

Reuters | Monday October 31, 2022, Hong Kong

Hong Kong's government has proposed allowing retail investors to trade in cryptocurrencies and crypto exchange-traded funds - a move it hopes will help it rebuild its fintech hub status.

"Metaverse" Opens Up New World Of Cybercrime At A Large Scale: Interpol

"Metaverse" Opens Up New World Of Cybercrime At A Large Scale: Interpol

Reuters | Friday October 28, 2022

Interpol said the "metaverse" could create new kinds of cybercrime and allow existing crime to take place on a larger scale.

Crypto Industry Disappointed As Australia Looks To Tax Digital Currencies

Crypto Industry Disappointed As Australia Looks To Tax Digital Currencies

Reuters | Friday October 28, 2022

The crypto industry said it was disappointed with Australia's decision to continue treating digital currencies as assets for tax purposes, and not as foreign currency.

Britain Proposes New Regulation Of All Crypto Assets

Britain Proposes New Regulation Of All Crypto Assets

Reuters | Friday October 28, 2022

Britain would have the power to regulate all crypto assets under a new proposal.

Singapore Proposes Regulation On Crypto Trading, Stablecoin

Singapore Proposes Regulation On Crypto Trading, Stablecoin

Reuters | Wednesday October 26, 2022, Singapore

Singapore's central bank has put forward proposals for new regulatory measures on cryptocurrency trading and stablecoins, in a bid to reduce the risk of consumer harm from the volatility of the industry.

Cryptocurrency Industry Disappointed As Australia Looks To Enshrine Tax Rules

Cryptocurrency Industry Disappointed As Australia Looks To Enshrine Tax Rules

Reuters | Wednesday October 26, 2022, Sydney

The cryptocurrency industry said on Wednesday it was disappointed with Australia's decision to continue treating digital currencies as assets for tax purposes, and not as foreign currency.

The Five Best Crypto Newsletters That Will Help You Join The Dots

The Five Best Crypto Newsletters That Will Help You Join The Dots

Sponsored Content | Tuesday October 25, 2022

Crypto newsletters tend to be quite cryptic, making it difficult for most readers to understand what's really going.

Israel Eyes Government Bond Issuance Using Blockchain Technology

Israel Eyes Government Bond Issuance Using Blockchain Technology

Reuters | Tuesday October 25, 2022

Israel's government is preparing to issue government bonds using a blockchain technology platform, the Tel Aviv Stock Exchange (TASE) said.

Crypto Platforms Must Be Licensed In 2023 To Operate Legally: South African Financial Regulator

Crypto Platforms Must Be Licensed In 2023 To Operate Legally: South African Financial Regulator

Reuters | Thursday October 20, 2022, Johannesburg

Cryptocurrency financial companies in South Africa will need to apply for a licence between June 1 and Nov. 20, 2023, in order to operate legally, the country's financial conduct regulator said on Thursday.

Bitcoin Company NYDIG Lays Off About A Third Of Its Workforce: Report

Bitcoin Company NYDIG Lays Off About A Third Of Its Workforce: Report

Reuters | Wednesday October 19, 2022

Bitcoin company NYDIG laid off about a third of its workforce last month to cut costs, the Wall Street Journal reported on Thursday, citing people familiar with the matter.