Bybit crypto exchange suspends services in South Korea
Amid the looming regulatory deadline in South Korea, a major crypto exchange is closing up shop in the country.
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Digital Ruble to Help Curb Use of ‘Money Surrogates,’ Russia Says in Financial Strategy Document
The launch of a digital ruble will be among Russia’s key priorities of digitalization this decade, the country’s financial market development strategy has confirmed. The document claims the issuance of…
Sen. Warren goes after Ethereum network fees in committee hearing
"High, unpredictable fees can make crypto trading really dangerous for people who aren’t rich," said Senator Warren.
El Salvador’s Bitcoin wallet is ‘95% fixed,’ President Bukele says
El Salvador’s state Bitcoin wallet has continued facing major issues in a week after the official rollout.
US lawmakers propose adding digital assets to ‘wash sale’ rule and raising capital gains tax
If passed, the plan would raise the capital gains tax rate for "certain high income individuals" to 28.8%, while eliminating the "wash sale" loophole for crypto users.
US Treasury reportedly in talks for stablecoin regulation
Treasury officials are studying the risks if too many people decide to withdraw their stablecoins all at once.
Bitcoin investors are reportedly exempt from taxes in El Salvador
El Salvador is looking to attract foreign investment by adopting major tax breaks on Bitcoin trading.
El Salvador’s Bitcoin detractors: Opposition mounts despite crypto rollout
Resistance against El Salvador’s move to make Bitcoin a legal tender persists even as the law comes into effect.
Swiss Exchange SIX granted approval to launch crypto marketplace
The Switzerland financial authority has today given the green-light for the launch of a digital asset marketplace utilising DLT.
US crypto exchange CrossTower expands to India
CrossTower is betting on the growing crypto market in India despite uncertainty over the legal status of Bitcoin in the country.