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28 Nov 2023
Spain mandates disclosure of foreign-held crypto assets over €50,000 for tax purposes
Spanish citizens must disclose crypto holdings exceeding 50,000 euros (about $55,000) held on foreign platforms for tax purposes starting January next year, according to an update from Spain's Tax Administration Agency, Agencia Tributaria.
The tax agency introduced Form 721, a declaration form speci...
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28 Nov 2023
MAS Director mislabels Bitcoin a ‘private cryptocurrency’ stating it has ‘failed the test of money’
At the recent GDEC 2023 conference, Ravi Menon, Managing Director of the Monetary Authority of Singapore (MAS), critiqued Bitcoin and similar digital currencies, questioning their viability as a form of money.
Menon asserted that private cryptocurrencies, including Bitcoin, have "miserably failed th...
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28 Nov 2023
Coinbase users informed of subpoena by CFTC in suspected connection with Bybit inquiry
Coinbase has revealed the U.S. Commodity Futures Trading Commission (CFTC) subpoenaed it in an unknown matter through an email sent to its users this week and obtained by CryptoSlate.
The email does not provide extensive information about what the financial regulator might be investigating. However,...
News
28 Nov 2023
Buterin sees benefit of ‘uploading’ minds and need for open-source innovation in AI
In a recent blog post, Ethereum co-founder Vitalik Buterin presents his views on an ongoing debate around "techno-optimism." The post was notably sparked by Marc Andreessen's "Techno-Optimist Manifesto," which advocates for an enthusiastic embrace of technology, markets, and capitalism as tools to p...
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28 Nov 2023
Vivek Ramaswamy says his crypto policy will ‘ensure economic freedom for Americans’
U.S. Republican Presidential candidate Vivek Ramaswamy said his crypto policy guarantees a "vibrant future" for the emerging industry "to ensure economic freedom for Americans seeking an alternative to centralized finance," according to a Nov. 27 post on social media platform X (formerly Twitter).
R...
In the fast-paced world of crypto, where innovation and adaptability are key, Taipei, Taiwan, is emerging as the new hub for forward-thinking crypto ventures, challenging the traditional dominance of Hong Kong and Singapore. Sora Ventures, led by Jason Fang, stands at the forefront of this shift, op...
Get ready for a game-changing experience in the crypto world! Starting December 6th, KRYZA EXCHANGE will launch an unbelievable, lightning-fast crypto news aggregator right on its dashboard. Imagine having the entire world of crypto news at your fingertips within a minute of its online appearanc...
Standard Chartered Bank has announced its upcoming participation in China's digital yuan, also known as digital renminbi (RMB), with the pilot project set to commence on Nov. 27.
The bank said it will provide customers with digital yuan exchange, redemption, and other services. Additionally, the ban...
According to market data from YCharts on Nov. 24, the Grayscale Bitcoin Trust (GBTC) discount rate has narrowed to 8.06%.
The "discount" refers to the situation where the Grayscale Bitcoin Trust (GBTC) shares are trading at a price lower than their underlying net asset value (NAV).
GBTC Discount or ...
Changpeng Zhao, the former CEO of Binance, is currently barred from returning to his home in the United Arab Emirates (UAE), as per the ruling of a federal judge in Seattle.
U.S. District Judge Richard Jones has temporarily suspended a decision that would have allowed Zhao to leave the U.S. before h...
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