Tag: Business
Hong Kong Proposes Crypto Tax Exemptions to Compete with Singapore as Financial Hub
Hong Kong is looking to become a major financial and crypto hub by proposing tax exemptions for hedge funds, private equity funds, and high-net-worth...
Allegations of Retaliatory Firing Over Bribery Whistleblowing at Binance
A former senior executive at cryptocurrency exchange Binance has come forward with allegations of retaliatory firing after she reported a colleague's involvement in a...
US Influence on Bitcoin Grows Under Trump Administration
The influence of the United States on Bitcoin has been steadily growing under the Trump administration. As the world's largest economy and a major...
Russia Implements New Taxation Framework for Cryptocurrency and Mining
Russia has taken a significant step in regulating cryptocurrency and mining by implementing a new taxation framework. The Federation Council approved amendments to the...
Ethereum Co-Founder Transfers $72 Million in ETH to Kraken Exchange
Ethereum co-founder, Jeffrey Wilcke, recently transferred a significant amount of ETH to the Kraken exchange. The transfer amounted to 20,000 ETH, which is worth...
CFTC Leading Digital Asset Regulation in Trump Administration
The Trump administration is looking to shift digital asset regulation from the SEC to the CFTC, as reported by Fox Business. This move would...
Regenerated Title: XT Exchange Reassures Users Following $1.7 Million Asset Theft
XT Exchange is working diligently to address the recent theft of $1.7 million in assets from its platform. The technical team is currently conducting...
Metaplanet’s $62M Bitcoin Expansion Strategy: Following in MicroStrategy’s Footsteps
Metaplanet, a Tokyo-listed investment firm, is planning to raise 9.5 billion yen, which is around $62 million, to strengthen its Bitcoin portfolio. The company...
Tether Shifts Focus to Hadron Amid European Regulatory Challenges
Tether, a well-known stablecoin issuer, has decided to stop supporting its Euro-pegged stablecoin, EURt, due to regulatory challenges in Europe. The CEO of Tether,...
SOS Stock Soars 100% After $50 Million Bitcoin Investment Approval
SOS Limited, a Chinese data mining and technology company, recently made headlines when its board approved a $50 million investment in Bitcoin. This decision...