Business

Crypto trades in Thailand now reportedly subject to 15% capital gains tax

The government of Thailand is progressing in regulating the local cryptocurrency ecosystem by reportedly enacting new tax rules for the industry. Profits from crypto trading

Business

Bitcoin price drops to $43.7K after Fed minutes re-confirm plans to hike rates

Bitcoin (BTC) and the wider cryptocurrency market fell under as equities markets pulled back at the closing bell after minutes from the Federal Reserve’s December

Business

Kazakh government resigns, shuts down internet amid protests, causing Bitcoin network hash rate to tumble 13.4%

On Wednesday, Kazakhstan, the second-largest country in the world when it comes to Bitcoin (BTC) mining hash rate, experienced unprecedented political unrest due to a

Business

President Biden is considering economists to fill Fed seats as leadership nominations move to Senate: Report

The White House is reportedly considering an Obama-era economic adviser and former Fed economist to fill the empty seats on the board of governors of

Business

Bitcoin ETF decision delayed, SEC commissioner wonders why

The United States Securities and Exchange Commission has postponed its decision to approve NYDIG’s spot exchange-traded fund (ETF) for Bitcoin (BTC), delaying until March 16.

Business

EU regulator calls for public input on DLT for trading and settlement

The European Securities and Markets Authority (ESMA) is seeking stakeholder input on the use of distributed ledger technology for securities trading and settlements.  The European

Business

OpenSea raises $300 million for encrypted digital marketplace

The nonfungible token (NFT) market is gaining momentum as the next frontier in collectibles, gaming and the metaverse.  To accelerate this vision, OpenSea announced on

Business

SBF ‘optimistic’ about institutional crypto adoption in 2022

FTX crypto exchange founder Sam Bankman-Fried is optimistic that clarity provided by regulators around the world will stimulate institutional adoption rates for crypto this and

Business

Crypto predictions platform Polymarket fined $1.4M by CTFC

New York-based crypto predictions platform Polymarket has reached a settlement with the Commodity Futures Trading Commission (CFTC) to pay a fine of $1.4 million. Polymarket

Business

The number of countries banning crypto has doubled in three years

Although 2021 was a good year for the cryptocurrency industry in terms of market performance, the number of jurisdictions banning crypto has more than doubled