Wollito UAB

Bitcoin does the complete opposite of what the EU's central bank warned about in late 2022.

Bitcoin is up 170% since the ECB called its 'last gasp' at $16.4K

Bitcoin BTC $43,770 has gained almost 170% since the European Central Bank (ECB) warned of its impending “irrelevance.” As noted by crypto proponen...

9 months ago

Japan is set to introduce a new taxation regime for companies that hold cryptocurrencies on their balance sheets for a long-term.

Japan mulls new crypto taxation regime for corporate crypto holdings

Japan‘s policymakers in the Liberal Democratic Party and ruling coalition partner Komeito are weighing to bring a new proposal that would exempt businesses from paying taxes on unrealized ...

9 months ago

Binance received a “heightened” multi-billion fine following previous public warnings from several regulators, said the CFTC Commissioner.

CFTC Commissioner says Binance’s $4.3 billion settlement due to rule-breaking, not fraud

Kristin Johnson, a Commissioner at the Commodity Futures Trading Commission (CFTC), told a digital assets summit on Dec. 5 that Binance reached a multi-agency settlement because of its rule-brea...

9 months ago

IBM Unveils New Cold Storage Technology for Enhanced Crypto Asset Security

IBM has announced the release of latest technology designed to enhance the security of cold storage for digital assets, aiming to revolutionize the way cryptos are ...

9 months ago

Russia’s Central Bank says there has been a drop in the number of citizens trading crypto – with citizens staying away from major overseas trading platforms.

Number of Russians Trading Crypto Is Falling, Says Central Bank

Per RBC, the bank’s data shows Russians’ crypto activity “decreased in the second and third quarters of 2023.” The bank said it had recorded a fall in Russ...

9 months ago

Taiwan Regulators Monitoring Crypto ETF Developments

Taiwan to Consider Crypto ETFs Based on Global Trends and Regulatory Development

Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and co...

9 months ago

The Financial Sector Conduct Authority reviewed 128 applications from crypto service asset providers.

South African regulator may license 36 crypto companies in December

South Africa’s principal financial regulator, the Financial Sector Conduct Authority (FSCA), reviewed 128 applications from crypto service asset providers (CASPs) but intends to discuss on...

9 months ago

A malicious actor behind at least $5 million in crypto theft through “address poisoning" significantly ramped up attacks against Safe Wallet users in the last week.

Safe Wallet scammer steals $2M through 'address poisoning' in one week

A crypto hacker specializing in “address poisoning attacks" has managed to steal over $2 million from Safe Wallet users alone in the past week, with its total victim count now reachin...

9 months ago

Defining ‘Income’ in the Digital Age

This Supreme Court Case and IRS Broker Rule Together Could Redefine Crypto Taxation

A critical Supreme Court case and its ruling could redefine the taxation of digital assets. Intersecting with the vexed IRS broker rule announced earlier, this case may potentially reshape crypt...

9 months ago

The Philippine SEC announces plans to block Binance access, cautioning against unregistered investments and warning of legal repercussions for promoters.

Philippines SEC to restrict Binance, warns of legal risks for promoters

The Philippine Securities and Exchange Commission (PSEC) has initiated measures to restrict the accessibility of the Binance trading platform within the nation. According to the regulators,...

9 months ago