London-based Jacobi Asset Management has listed Europe’s inaugural Bitcoin ETF on the Euronext Amsterdam exchange. The Jacobi FT Wilshire Bitcoin ETF, trading under the ticker BCOIN, is a pioneering development that offers institutional investors a way to invest in Bitcoin.
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has released a comprehensive regulatory framework targeting single-currency stablecoins (SCS). These digital tokens, designed to maintain constant value, are pegged to traditional fiat currencies such as the Singapore Dollar or any
Terra Luna Classic’s community is inclined to burn a colossal 800 million USTC tokens, a decision underscored by the inactivity surrounding the Ozone Protocol’s initially proposed development plan. The original intent of the Ozone Protocol, the brainchild of Terra co-founder
In a recent analysis by data agency CCData, the South Korean digital asset platform, Upbit has surpassed leading global exchanges, Coinbase and OKX, in spot trading volume. This shift coincides with the ongoing regulatory challenges faced by Binance, the largest
Brian Armstrong, CEO of Coinbase, has clarified the exchange’s intent to potentially integrate the Lightning Network, Bitcoin’s prominent Layer-2 scaling solution. In response to Jack Dorsey’s criticism, co-founder of financial services company Block Inc., Armstrong allayed concerns over Bitcoin and
The U.S. Internal Revenue Service (IRS) has laid a new rule classifying cryptocurrency staking rewards as gross income. The IRS announced its landmark decision in Revenue Ruling 2023-14 on July 31, which seeks to clarify the tax treatment of income
The U.S. Securities and Exchange Commission (SEC) is filing to sue PulseChain and Hex founder Richard Heart for securities fraud, mere days before the premiere of his vanity movie project, The Highest of Stakes. With multiple serious charges against him
In the rapidly evolving landscape of cryptocurrencies, the unexpected death of influential personalities can send ripples across the industry. This tragic reality was underscored by the shocking death of Fernando Pérez Algaba, a crypto influencer, and entrepreneur, whose dismembered body
On July 26, a United States House panel granted preliminary approval to two potentially transformative cryptocurrency regulatory bills. This significant stride considered a massive victory for the American crypto industry, hints at the emergence of much-needed regulatory clarity in the
A prominent crypto lawyer, John Deaton, has recently expressed his reservations about the distribution model of the newly launched token, Worldcoin. The reluctance of Worldcoin co-founder Alex Blania to reveal details about the token’s distribution model during a recent Bankless
As a Wall Street Journal reported, Celsius Network, the beleaguered cryptocurrency lender, is nearing the completion of court settlements that could pave the way to recovering its customer assets. The development follows tumultuous times for the company after filing for Chapter 11
A recent report by CoinMarketCap has ranked Floki Inu as the “most viewed” metaverse coin by some margin. According to the price-tracking website, Floki Inu (FLOKI) accounts for 39.58% of all views related to the metaverse. The next most popular
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