Swiss leaders plan to enforce global crypto reporting framework

May 16, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Switzerland plans to adopt global standards for crypto tax reporting, joining the Crypto-Asset Reporting Framework (CARF) to improve transparency.

The cryptocurrency market has failed to make significant headway in recent months, but that hasn’t stopped the industry’s builders from building. Nonfungible tokens (NFTs), crypto mortgages, blockchain-powered cellular networks and Web3 gaming have all piqued the interest of venture capitalists. These new and familiar investment themes headline the latest edition of VC Roundup, as venture…

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Colosseum raises $60M to support Solana’s hackathon teams

The capital will fund pre-seed investments for teams accepted into Colosseum’s Accelerator program.

Singapore advances asset tokenization with new MAS frameworks

The Monetary Authority of Singapore is pulling together the projects and participants needed for the next step in its asset tokenization trials.

USDR stablecoin depegs to $0.53, but team vows to provide solutions

Real-estate-backed stablecoin USDR fell to $0.53 per coin on Oct. 11, but the team said it was merely a liquidity issue and that real estate holdings and digital assets will be used to support redemptions. 407 Total views 17 Total shares Real estate-backed stablecoin USDR lost its peg to the U.S. dollar after a rush of

Reddit Co-Founder Alexis Ohanian Upholds BTC $20K, ETH $1.5K 2018 Forecasts

Alexis Ohanian, a co-founder of both Reddit and VC firm Initialized Capital, upheld his $20,000 Bitcoin (BTC) and $1,500 Ethereum (ETH) forecasts for 2018 in an interview with CNBC on July 24. Speaking of the “battle-tested” Bitcoin, Ohanian said the asset is “certainly the most robust” and “one of the best proofs” of crypto being…

Cantor Fitzgerald taps Anchorage Digital, Copper as Bitcoin custodians

The investment firm is finally rolling out its Bitcoin financing business, which allows institutional investors to leverage their crypto holdings. 1469 Total views 1 Total shares Investment banking firm Cantor Fitzgerald has selected Anchorage Digital and Copper as its Bitcoin custodians and collateral managers as it launches its new digital asset financing business targeting institutional

Arthur Hayes on Financial Privacy and the Possibility of BTC Hard Fork

At the Tangle in Taipei on July 3, American economist and crypto sceptic Nouriel Roubini (aka “Dr. Doom”) and BitMEX CEO and co-founder Arthur Hayes didn’t agree on anything except that “Facebook’s Libra is not cryptocurrency.” One of the reasons on that is, while Roubini took for granted that the success of Bitcoin should be…

Bitcoin miners raked $184M in fees in Q2, surpassing all of 2022

It's been one of the most lucrative quarters for those that profit from Bitcoin transaction fees in nearly two years. 453 Total views 1 Total shares Bitcoin (BTC) miners made a lofty $184 million from transaction fees in the second quarter, far more than what they pocketed over the entire 2022 — as Bitcoin’s price surged…

Treasury official acknowledges most crypto transactions are ‘legitimate’ but still anticipates additional sanctions

“The vast majority of digital assets are being used for legitimate purposes, but for those that are primarily in the business of furthering criminal enterprises, we plan to use our tools to go after them,” said Wally Adeyemo. 753 Total views 16 Total shares Wally Adeyemo, the Deputy Secretary of the United States Department of…

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