A federal judge has approved the confidential treatment of certain materials produced by Jump Crypto Holdings, the crypto arm of Jump Trading, in the ongoing case against Terraform Labs by the United States Securities and Exchange Commission (SEC). Jump Crypto Holdings has been under scrutiny for its alleged involvement in the events leading to the […]
Coinbase, a popular cryptocurrency exchange, has received a subpoena from the United States Commodity Futures Trading Commission (CFTC). The CFTC is seeking information about another cryptocurrency exchange called Bybit. It is speculated that Coinbase customers who also use Bybit have received a message regarding this subpoena. If the subpoena is not reversed by a court […]
The Securities and Exchange Commission (SEC) has postponed its decision on whether to approve or disapprove two bitcoin exchange-traded funds (ETFs) – the Franklin Bitcoin ETF and the Hashdex Bitcoin Futures ETF. This delay has led some experts to speculate that the SEC may be preparing to approve a batch of bitcoin ETFs in early […]
The Financial Stability Board (FSB) is calling for greater cooperation among national regulatory bodies in the regulation of cryptocurrencies. Specifically, the FSB is recommending cross-border collaboration in the supervision of multifunction crypto-asset intermediaries (MCIs), which are firms that combine a range of crypto services and products. While these MCIs are critical to the crypto ecosystem, […]
Japan’s SBI Holdings, a leader in asset management and blockchain technology, has formed a strategic collaboration with Circle, the company behind the USDC stablecoin. This partnership aims to promote the adoption of digital currencies, specifically the USDC stablecoin, in the Japanese market. SBI Trade is seeking approval to deal in USDC under electronic payment regulations, […]
The Financial Stability Board (FSB) is calling for greater cooperation among national regulatory bodies in the regulation of cryptocurrency. Specifically, the FSB is urging cross-border collaboration in the supervision of multifunction crypto-asset intermediaries (MCIs), which are critical to the crypto ecosystem but also pose risks to global financial stability. MCIs are firms that combine a […]
ByBit, the fourth-largest cryptocurrency exchange by volume, is now under scrutiny from US regulators. The Commodity Futures Trading Commission (CFTC) has subpoenaed rival exchange Coinbase for evidence against ByBit. Coinbase users have received emails informing them of the subpoena, which is part of the CFTC’s investigation into ByBit and its CEO, Ben Zhou. ByBit, unlike […]
Working remotely from abroad can present various challenges and considerations. Immigration and visa requirements are a major concern, as different countries have different regulations. For instance, working without the proper visa in Thailand can lead to deportation. Remote workers need to determine whether a tourist visa is sufficient or if an employment visa is necessary. […]
Spain has implemented a new regulation requiring Spanish citizens to disclose their cryptocurrency holdings held on foreign platforms for tax purposes. Individuals and businesses must report their holdings exceeding €50,000 by filling out a specific declaration form called Form 721. The reporting period is from January 1, 2024, to April 1, 2024, with the deadline […]
At the GDEC 2023 conference, Ravi Menon, the Managing Director of the Monetary Authority of Singapore (MAS), criticized Bitcoin and similar digital currencies, questioning their viability as a form of money. Menon argued that private cryptocurrencies, including Bitcoin, have failed as a means of storing value due to their volatility and use for speculation. However, […]
