In a determined financial move, Ark Invest, the well-known firm led by Cathie Wood, has strategically liquidated some of its shares, including those of Coinbase (COIN), as well as other prominent companies. Simultaneously, the firm has directed capital towards Bitcoin futures ETFs, once again…
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India is blocking access to exchanges like Binance
India's Financial Intelligence Unit (FIU IND) issued compliance notices to nine foreign digital asset service providers, alleging illegal transactions and violations of anti-money laundering regulations. Among those affected are prominent…
Zhao’s fortune remains high, despite his troubles
Despite the legal challenges he faces today, Binance founder and former CEO Changpeng Zhao experienced the best financial period in his history. During the year 2023, its wealth has increased by approximately $25 billion.
According to…
In 2024 cryptocurrencies will bring innovative products
In the 2017 bullish boom, Initial Coin Offerings (ICOs) captured the attention. In the last bull market of 2021, Decentralized Finance (DeFi) and yield farming dominated the scene. Now, with a new bullish cycle underway, 2024 promises the…
Musk is no longer “so interested” in cryptocurrencies
Eccentric tycoon and owner of Tesla, SpaceX and X (Twitter), Elon Musk, reveals his shift away from cryptocurrencies
During a conversation with Cathie Wood of Ark Invest at an X Space event held yesterday, Elon Musk, the visionary…
Spain dismantled a criminal network that operated with cryptocurrencies
The financing of terrorist activities in addition to blackmail and requests for ransom payment in cryptocurrencies are some of the crimes that the Spanish police have recently faced, in an international operation.
According to the Spanish…
FTX proposes measures to return money to clients
FTX, the cryptocurrency platform under scrutiny by the laws in the United States, proposed in court a restructuring of the company to return money to customers and also end the bankruptcy process.
As you may remember, FTX CEO Sam…
Brazil approved 15 % flat tax on cryptocurrency profits
Brazilian authorities recently approved a flat 15 % tax on profits from cryptocurrency transactions that will come into effect on January 1, 2024.
According to local newspaper Diário Official da União, the bill was signed on December 12 by…
Germany works on a stablecoin linked to the euro
Germany advances in the field of cryptocurrencies. Recently, Deutsche Bank joined crypto fund manager Galaxy Digital in working with Dutch market maker Flow Traders Ltd. to launch a euro-pegged stablecoin.
The three partners have worked on…
Google will allow advertising of Cryptocurrency Coin Trusts from January 2024
Google announced that the new update to its cryptocurrency advertising policies will allow ads with this content from January 29, 2024. Advertisers will be subject to the regulations in force in the United States.
Crypto advertising on…
Binance will close its operations with Russian rubles
In a statement, the international exchange with the largest volume of transactions, Binance, announced the cessation of person-to-person (P2P) transactions involving payments in Russian rubles, as well as the suspension of deposits in that…
The United States tightens surveillance on cryptocurrencies
The United States has recently conducted various judicial proceedings in the area of cryptocurrencies. The Justice Department's surveillance measures have become more radical following the FTX and Binance cases.
With the security of…