Foreign Cryptocurrency Exchanges to Face Difficulties in India

Foreign Cryptocurrency Exchanges to Face Difficulties in India

A survey conducted by Yahoo Finance in 2022 placed India as the fifth largest country in terms of Bitcoin and crypto investments. However, the Indian government has retained

South Korea to Shut Down Unfit Cryptocurrency Exchanges in 2024

South Korea to Shut Down Unfit Cryptocurrency Exchanges in 2024

The Financial Intelligence Unit of South Korea recently announced amending regulatory requirements for cryptocurrency trading platforms operating in the country. However, the regulators have plans to tighten the

FTX Estate Unloads Majority of Grayscale Bitcoin Trust Holdings

FTX Estate Unloads Majority of Grayscale Bitcoin Trust Holdings

FTX holdings in GBTC amounted to 22.28 million shares, with over two-thirds liquidated during the initiation of spot ETF trading. FTX Estate Rapidly Sells Off GBTC Shares The

VanEck to Delist Bitcoin ETF Due to Lack of Investor Interest

VanEck to Delist Bitcoin ETF Due to Lack of Investor Interest

The choice to delist the VanEck Bitcoin Strategy ETF occurred about a week following the approval granted by the SEC for the inclusion of shares from its spot

Apple’s App Store Removes Binance and 9 Other Crypto Exchanges in India

Apple’s App Store Removes Binance and 9 Other Crypto Exchanges in India

Apple’s App Store has recently barred access to nine cryptocurrency exchange apps including Binance in India. This action follows the Ministry of Finance’s alert targeting around twelve foreign

Nigeria’s Central Bank Approves the Launch of cNGN Stablecoin in February

Nigeria’s Central Bank Approves the Launch of cNGN Stablecoin in February

The Africa Stablecoin Consortium confirmed cNGN adheres to the benchmarks set by the Nigerian SEC and the Central Bank of Nigeria. The upcoming stablecoin is scheduled for release

Japan to Remove Corporate Tax on Unrealized Cryptocurrency Gains

Japan to Remove Corporate Tax on Unrealized Cryptocurrency Gains

Companies within the country must currently settle taxes on potential profits from their cryptocurrency assets. However, as per suggested tax adjustments, they would only be obligated to pay

UK Investors Embrace Crypto Products for Higher Returns

UK Investors Embrace Crypto Products for Higher Returns

Increasingly, investors in the UK are considering the prospect of investing in cryptocurrencies rather than consulting with a financial adviser to meet their anticipated returns. Changing Investment Trends

El Salvador’s Volcano-Powered Bitcoin Bond Gets Regulatory Approval

El Salvador’s Volcano-Powered Bitcoin Bond Gets Regulatory Approval

The Digital Assets Commission gave the green light to the Volcano Bond. The bond is set to be issued in the first quarter of 2024. El Salvador legalized

New Report Reveals Less than 2% of El Salvador’s Population Holds Crypto

New Report Reveals Less than 2% of El Salvador’s Population Holds Crypto

As indicated by a recent study, despite the persistent pro-crypto initiatives within the country, El Salvador’s embrace of cryptocurrency appears to be less enthusiastic than anticipated. Despite the