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Hong Kong has announced its commitment to implementing the Crypto-Asset Reporting Framework (CARF), an initiative to enhance international tax transparency and combat cross-border tax evasion.This announcement, made at the OECD Global Forum on Transparency and Effective Exchange of Information in Tax Matters, aligns with the global effort to address the crypto-asset market’s challenges.The CARF, introduced by the […]

Russian banks are worried they will be burdened with costs when the nation’s central bank rolls out its CBDC, the digital ruble, next year.The bank last week said that it would release the coin to the public on July 1, 2025.Digital Ruble Doubts?The radio broadcaster Avto Radio reported that the First Deputy Chairman of the Central Bank, Vladimir […]

The UK regulator (FCA) has issued a warning against Solana-based meme coin and NFT project Retardio, for promoting unregulated financial services.On Monday, the United Kingdom’s Financial Conduct Authority (FCA) noted that the project is “not authorized.” Authorities have asked users to “avoid dealing with this firm and beware of scams.”“Almost all firms and individuals must be […]

(Crypto News)-18/12/2024ApeX Protocol, a decentralized exchange (DEX) for derivatives trading, released a study evaluating countries through three core metrics. The factors include blockchain patents, jobs in blockchain and the number of crypto exchanges.“Singapore is first as a global hub for blockchain innovation, excelling in both adoption and infrastructure development,” the study noted. The island nation […]

(Crypto News)-18/12/2024Donald Trump recently picked Paul Atkins as the next Chairman of the U.S. Securities and Exchange Commission (SEC), making good on his pre-election promise to fire incumbent Gary Gensler on his first day in office.But Trump won’t have to fire Gensler at all. The 67-year-old, who has been on a warpath against crypto since […]

(Crypto News)-11/12/2024CoinMarketCap, a major provider of crypto market data, has launched the CoinMarketCap 100 Index (CMC100 Index), which measures the performance of the top 100 cryptocurrencies by market capitalization.According to the press release shared with Cryptonews, the novel index aggregates market prices from validated CoinMarketCap data sources. It’s refreshed every five minutes and calculated in USD.Notably, the […]

(Crypto News)-11/12/2024A Russian expert has claimed that Bitcoin (BTC) could reach the $140k mark in the current bear market, but claimed a rise to $200k was out of reach for now.The claim came from Finam analyst Nikita Stepanov, who said that Bitcoin is yet to hit its “peak price” in the current “cycle.”“According to rough estimates, Bitcoin’s […]

(Crypto News)-11/12/2024Once considered an unrealistic milestone, Bitcoin surpassing $100,000 has silenced critics, yet one prominent CEO predicts the rally could soon take a breather – here’s why.2024 has been a defining year for Bitcoin. Key events such as the approval of Spot Bitcoin ETFs in January, the long-awaited Halving in April, and the volatility surrounding the Presidential election cycle have […]

(Crypto News)-11/12/2024India, the most populous country in the world, is also the leader in crypto adoption globally.According to the “2024 Global Adoption Index” report from blockchain analytics firm Chainalysis, India ranks as the number one country for crypto adoption.Blockchain risk management firm TRM Labs also released new findings that shows India leading in crypto adoption. TRM Labs’ report notes this […]

(Crypto News)-11/12/2024The Ethereum (ETH) price is pulling back after running into a wall of resistance at the $4,000 level, and was last down around 4% this Monday in the $3,800 area.A bearish divergence on its 14-day Relative Strength Index (RSI) chart, which also recently just dropped back from overbought conditions, suggests continued near-term downside is […]

(النهار)-09/12/2024أعلنت مجموعة البنك الدولي عن حزمة تمويلية قياسية بقيمة 100 مليار دولار، لتجديد موارد المؤسسة الدولية للتنمية (IDA)، مما يمثل خطوة حاسمة في دعم جهود التنمية العالمية.وهذا التمويل يهدف إلى مساعدة البلدان منخفضة الدخل على مواجهة التحديات التنموية المتزايدة، بما في ذلك التعافي من جائحة “كورونا”، والتكيف مع تغير المناخ، وتعزيز النمو الاقتصادي الشامل.كما تُعد […]

(Coin Telegraph)-04/12/2024Blockchain records showed the United States government moved more than $1.9 billion worth of Bitcoin seized from the Silk Road marketplace to a Coinbase Prime wallet.According to data from blockchain analytics firm Arkham Intelligence, on Dec. 2, a wallet tied to the US government transferred roughly 19,800 Bitcoin BTC$96,766 — worth $1.9 billion at the time — to […]

(Crypto News)-04/12/2024Crypto Fear and Greed Index ExplainedThe concept of “Greed and Fear” comes from the stock market and traditional finance. In the crypto world, the index is usually based on Bitcoin data. The Fear and Greed index is a tool that analyzes emotions and sentiments from different sources and crunches them into one simple number, […]

(Crypto News)-04/12/2024BRICS payment plans could affect global crypto markets, a Russian expert has claimed, adding that Bitcoin (BTC) popularity would nonetheless remain high in the short term.In an opinion piece for RBC, Fedor Ivanov, Director of Analytics at the crypto security provider Shard claimed that stablecoins could be the hardest hit.BRICS Could Affect Crypto Markets: Expert ExplainsAt the recent BRICS […]

(Crypto News)-04/12/2024The European Central Bank (ECB) released its second progress report on the digital euro project on Monday, detailing efforts to create a unified digital payment system for the euro area.ECB updates the digital euro rulebook following a joint review with consumers, retailers, and payment service providers. The report highlights key developments, including updates to […]

(Coin Telegraph)-27/11/2024A new crowdfunding platform dedicated to Bitcoin startups has been launched in the United States, aiming at bridging crypto projects to new funding venues. The initiative was disclosed on Nov. 25 by Timestamp and is open to both accredited and non-accredited investors.According to the company, investors will receive ownership stakes in backed companies — similar […]