Japan slow to approve crypto ETFs, maintains strict tax, regulations

Nexo Financial confirms to be one of the two crypto lending firms to receive the cease and desist order from Attorney General James' office. 275 Total views 8 Total shares Cryptocurrency lending firm Nexo Financial denies the allegations of offering unregistered services to New Yorkers put forth by Attorney General Letitia James.Attorney General James directed…

The controversial plan began as a campaign promise and will help lower-income Thais buy more.

Rune Christensen stated that Solana’s codebase should be the foundation of MakerDAO’s upcoming blockchain, as he highlighted that it’s optimized for building “highly efficient blockchains.” 230 Total views 1 Total shares MakerDAO co-founder Rune Christensen has submitted a proposal to build the decentralized finance project’s upcoming native chain off of a fork of Solana’s codebase

The legislation aims to enhance fiscal transparency, boost revenue and recognize cryptocurrencies as legitimate assets. 342 Total views 2 Total shares On the eve of his departure from office on May 28, former Nigerian President Muhammadu Buhari signed the Finance Act, 2023, into law. The act introduces a series of tax reforms aimed at modernizing the country’s…

Centralized exchanges led by Coinbase, along with Meta, Match, and Ripple Labs, have formed an educational group to prevent pig butchering scams.

XRP price has continued to bounce back after falling by more than 70% in a correction between April 2021 and January 2022.Why the XRP/USD 50-week EMA is keyOn Feb. 13, XRP/USD reached as high as $0.916, above its 50-week exponential moving average (50-week EMA; the red wave) around $0.833. The upside move, albeit not decisive,…

Coinbase published a report arguing that disruptions during the pandemic highlight Bitcoin’s advantages over gold. 2060 Total views 59 Total shares A report published by leading U.S.-based crypto exchange, Coinbase, has argued that Bitcoin (BTC) offers a distinct advantage over gold. They state that Bitcoin is afforded these advantages by its lack of dependence on…

The price of COMP, the governance token of the decentralized finance (DeFi) giant Compound, has been surging while the wider crypto market has entered a correction. Despite the ongoing cryptocurrency market slump, the token has rallied 56% in the past week.COMP/USDT 4-hour chart. Source: TradingView.comUnusually low funding rate and spot market accumulationThere are various potential…

The onchain sleuth claimed that team wallets “sniped” 90% of the token supply by buying it from the liquidity pool just after launch.