Tag: Cryptocurrency

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UK Reports 240 Crypto Millionaires in First Official Tax Disclosure

The UK government’s first official release of taxable crypto asset gains found that 240 people each reported more than £1 million in capital gains...

Bank of England Sets New Goal for Stablecoin Innovation

The British government said on Aug. 27 that it plans to give the Bank of England a new statutory objective aimed at supporting innovation...

Trump Trade Shocks Send Crypto Markets Sliding

Cryptocurrency prices experienced a decline amidst rising global trade tensions. Still, strong inflows continue to be driven by ETH ETFs. The cryptocurrency market experienced a...

South Korea Warns Against Crypto-Heavy ETFs, Names Coinbase and Strategy

South Korea’s Financial Supervisory Service recently gave verbal guidance to domestic asset management firms, urging them to reduce their investments in crypto-related stocks like...

US Targets $7.1M in Crypto from Oil and Gas Scam

Federal prosecutors in Seattle aim to win forfeiture of millions worth of crypto tied to an investment scheme, hoping to distribute it to victims. The...

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Stablecoin Issuers Replace 40% of China’s Lost US Treasury Demand

As foreign official holdings retreat, crypto firms are identified...

SBI Proposes Stablecoin QR Payments for Japan-Korea Travel

SBI DigiTrust, alongside NICE Information & Telecommunication and DSRV,...

SEC Targets Custody Hurdle for Advisers Providing Crypto Services

Certain crypto assets have remained off-limits for some clients...

HSBC Redcoin to Launch With Transfers and Payments in Hong Kong

Person-to-person transfers and merchant payments will be prioritized initially...

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