Documents seen by Bloomberg say the exchange is considering an IPO within two years. Source
Taiwan's MaiCoin Crypto Exchange Weighs Nasdaq Listing: Report
Tag: Report
Ukraine’s largest savings bank halts Bitcoin buys with hryvnia: Report
While the Ukrainian government has moved to legalize Bitcoin (BTC) amid the ongoing attacks from the Russian military, some of the largest local banks have reportedly banned their clients from buying BTC using the national currency. PrivatBank, the largest commercial bank in Ukraine, has temporarily restricted its customers from purchasing Bitcoin with the national currency, the hryvnia (UAH), industry publication Forklog reported on Thursday. Citing a spokesperson from PrivatBank, the report notes that the latest PrivatBank’s restrictions fall in line with an order from the National Bank of Ukraine. The…
Report – Taxes Bitcoin News
India’s income tax department has reportedly identified about 700 cryptocurrency investors who have failed to pay taxes on high-value crypto transactions. “We have a long list of people who were transacting in crypto assets but were not paying tax,” said an official with the country’s Central Board of Direct Taxation. Indian Tax Authority Going After 700 Crypto Investors India’s income tax department is reportedly cracking down on non-payment of taxes from cryptocurrency gains. The department is examining the high-value crypto transactions of about 700 investors, the Economic Times reported Tuesday,…
Real estate leads securitized blockchain assets in 2022 — Report
Real estate is an asset class that is ripe for integration with blockchain technology. Security tokens cover many categories but are dominated by real estate. The Cointelegraph Research Terminal is hosting a 33-page report by Security Token Market, a data and media firm, that covers the current state of real estate security tokens and the potential for continued adoption. If you represent a real estate firm or have a portfolio that encompasses real estate, this report has the information you need to know on this developing shift in the industry.…
UK's Law Enforcement Agency Calls for Regulation of Crypto Mixing Tech: Report
The NCA called for regulation of crypto mixing tech as it may be used by criminals to legitimize illegal transactions. Source
Department of Justice Targets Crypto Exchanges in Effort To Clamp Down on Russian Oligarchs: Report
The Department of Justice (DOJ) says crypto exchanges will be included in a sweeping new strategy to clamp down on the assets of Russian oligarchs. Earlier this month, the DOJ announced the launch of a new task force called KleptoCapture aimed at targeting oligarchs and other high-ranking Russian officials during its war with Ukraine. According to the DOJ, the task force is “dedicated to enforcing sweeping sanctions, export restrictions, and economic countermeasures that the US has imposed, along with allies and partners, in response to Russia’s unprovoked military invasion of…
Japan Lays Outs Penalties on Crypto Exchanges for Non-Compliance With Russia Sanctions: Report
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Japan Sets Penalties on Crypto Exchanges for Violating Russia Sanctions: Report
Japan’s government and financial regulator have laid out the penalties crypto exchanges could face if they fail to comply with sanctions on Russia. Source
MiCA Amendments Proposed Last Minute Revive Threat of EU Ban on Bitcoin, Report Reveals – Regulation Bitcoin News
Changes to the EU’s MiCA proposal to regulate crypto markets, suggested shortly before a vote on the package, indicate a bitcoin ban is still a possibility. Despite recently removing wording that would have prohibited coins with energy-intensive mining, some members of the European Parliament are now targeting “unsustainable” cryptocurrencies. New MiCA Paragraphs Call for Subjecting Cryptocurrencies to ‘Sustainability Standards’ A text banning the offering of services for cryptocurrencies relying on the proof-of-work (PoW) mining method was recently deleted from Europe’s Markets in Crypto Assets (MiCA) draft legislation. The controversial provision…
PwC report calls NFTs ‘the future of digital assets in sports’
Nonfungible tokens, or NFTs, and digital assets are one of the ten major trends within the sports industry, according to the consultancy Price Waterhouse Coopers’, or PwC, Sports Outlook 2022 report for North America. From altering sports technology infrastructure to driving fan engagement, the report lists three main use cases for NFTs and their likelihood to shape the future of sports. The first use case is collectible NFTs — assets used to sell collectible, authenticated and limited edition digital content. This refers to traditional memorabilia like trading cards of players or tickets stubs…