Brussels to draft Tough Tax Reforms For Crypto Sector
All crypto service providers will be subject to the reporting obligations. The proposal will be presented to the EU Council for review. Countries across the globe are stepping up regulations…
Bitso Exchange incorporated Chat Remittance Services in Mexico
Bitso has partnered with remittance service Felix Pago to allow crypto-powered transfers. Felix Pago is a supplier of “chat remittance technology.”As time goes on, Ripple’s On-Demand Liquidity (ODL) is becoming…
Paraguayan Crypto Law Suspended After shaky Support
Proponents couldn’t muster the support they needed to overturn the veto. MPs questioned the veto, arguing that the cryptocurrency problem needs further research.After failing to get enough traction in the…
Former FTX CEO SBF Trade Blows with Zhu Su Over Alleged Media Control
SBF and Zhu Su trade blows over alleged media control. Zhu Su – one of the co-founders of the collapsed cryptocurrency hedge fund Three Arrows Capital – is firing shots…
Twitter CEO Elon Musk Issues Warning to Staff Over Leaking Data
Musk issued a stern warning against the release of confidential information. The Tesla CEO allegedly gave Twitter staff till Saturday night at 5 pm to react to his email.According to…
Uniswap Foundation plan Series of Governance Reforms
Uniswap will hold a vote for the DAO on December 14th.Protocol’s governance would no longer need the use of off-chain “snapshot votes.”The decentralized autonomous organization that runs Uniswap, one of…
PayPal Launches Crypto Services in Luxembourg
In 2020, PayPal began offering cryptocurrency support in the United States. The firm is dedicated to collaborating closely with Luxembourg’s politicians and authorities. In what seems to be an effort…
Crypto Exchange Coinbase Advises Users To Convert USDT to USDC
Coinbase posted a blog encouraging people to convert their USDT to USDC at no cost. The exchange implicitly targeted Tether (USDT) for the adequacy of its reserves.Coinbase, a cryptocurrency exchange,…
U.S Fed Investigate Sam Bankman-Fried Over Terra Luna Collapse
Sam Bankman-Fried is being investigated by U.S. Federal prosecutors and SEC.Alameda Research may be more responsible for a significant portion of UST sell orders.An unexpected turn was revealed in Sam…
Court instruct Celsius Network to refund $44M in Cryptocurrencies
Judge Martin Glenn’s decision, would affect a very tiny portion of the total client money. Just 15,680 consumers held around $43.87 million in “Pure Custody.” An American bankruptcy court overseeing…