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The ruling coalition plans to give taxpayers the option to declare the worth of their digital assets as of Jan. 1, 2023, and be subject to a 14% tax rate.

Taihuttu pointed out that one of the advantages of using decentralized exchanges is that custody is always retained by the crypto owner.

Binance announced that it has acquired 100% of Sakura Exchange Bitcoin (SEBC), a Japanese crypto exchange service provider regulated by the Financial Services Agency.

Yellen compared the recent FTX collapse to the collapse of Lehman Brothers, which filed for Chapter 11 bankruptcy in 2008 and triggered a massive stock market downturn that eventually led to a $700 billion bailout by …

The first phase of the retail digital currency experiment will involve four banks including the State Bank of India, ICICI Bank, Yes Bank, and IDFC First Bank, and will cover four cities.

Australian consumers could potentially save up to US$2.7 billion per year (AU$4 billion) or US$107 (AU$160) per person per year if they opt to use digital assets for international transactions.

With the company’s announcement, FTX's remaining staff and contractors will soon receive nearly three weeks’ worth of salary, which was probably stopped after the company declared bankruptcy on November 11.

The new network envisioned by Putin will be totally independent of banks and the interference of countries, which is harmful to participants.

The global financial services firm estimates that Asia’s metaverse market could expand to around $13 trillion by 2030.

With the collapse of FTX, the crypto community is starting to demand that centralized exchanges need to show proof of their reserves.

Japan is still undecided on whether or not it will issue a central bank digital currency or CBDC but it has not stopped the Bank of Japan (BOJ) from experimenting with a potential digital yen.

The pilot will eventually involve all of the country’s commercial banks at some point.

Mow is confident that Bitcoin is designed to overcome any issues even in the face of the hypothetical scenario in which crypto juggernauts like Tether or Binance fail.

The two companies that were granted licenses to operate in the country are Crypto Trade NET and Crypto Market.

The new services will be handled by the bank’s cryptocurrency unit called Itau Digital Assets, which will be initially targeted to the bank’s clientele before being offered to third parties.

At a Techcrunch Crypto conference on Thursday, CZ admitted that his crypto exchange is unlikely to expand its operations in India.

While crypto investors are understandably worried about the plunging Bitcoin (BTC) prices, Arkon CEO Josh Payne sees the current situation as perfectly timed for expansion activities due to a number of factors.

Both the Russian and Cuban governments are mulling on the use of Russian rubles and cryptos to facilitate bilateral cooperation in the face of Western sanctions.

The recent collapse of the crypto exchange FTX sent crypto prices plunging with Bitcoin falling to around $16,000.

In response to a Twitter user's question about where the price of the cryptocurrency will be in another year, Musk wrote: "BTC will make it, but might be a long winter."

Shark Tank star Kevin O’Leary confirmed that he invested in the collapsed crypto exchange FTX.

Prime Minister Terrance Drew, in his speech at the Bitcoin Cash 2022 conference in St. Kitts, confirmed his country is exploring the possibility of making BCH legal tender.

One of the most high-profile cryptocurrency meltdowns, FTX filed for bankruptcy on Friday after traders rushed to withdraw $6 billion from the platform in just 72 hours.

The global investment bank collaborated with crypto data firm Coin Metrics and global index provider MSCI for the new data service.

Binance’s decision to scrap its acquisition plans comes just one day after CEO Changpeng Zhao announced that his company reached a non-binding deal to acquire FTX’s non-U.S. businesses.

Only exchange-traded funds that invest in Bitcoin (BTC) futures and Ether (ETH) futures will be allowed initially

The company explained that the liquidation of its holdings is “due to recent revelations that have come to light” and not a move against a competitor.

Tim Draper remains very optimistic and even projects that BTC could rise as high as $250,000 by mid-2023.

CZ welcomes the increasing adoption of CBDCs by governments as it would legitimize blockchain technology.

The crypto exchange’s hot wallets were hacked before midnight UTC on November 1, affecting around $28 million worth of cryptocurrencies.

Coincheck also announced in its SEC filing the expansion of its scope of business to include non-fungible tokens and Metaverse.

IPXHOP, an integrated IP trading platform, announced it has entered into a strategic partnership and received strategic investment from Japanese content company 'Funnel'.

BTC investors would receive a sizable tax break compared to profits from foreign currency investments that have a general tax rate of 23.5%.

Southeast Asia’s ultra-rich are starting to embrace the new asset class as part of the portfolio diversification strategies and crypto’s potential high returns.

However, there are concerns that the four-year cycles may no longer be relevant due to a variety of reasons.

Crypto exchange Intebex welcomes Russian clients as long as they're not on the sanctions list.

Suresh Kumar, Walmart’s global chief technology, views crypto as a major area of disruption when it comes to how customers pay for goods in the future.

The NPA acknowledged that Lazarus had successfully carried out several of these attacks targeting Japan-based digital asset companies.

JP Morgan is teaming up with Visa to streamline the usage of Link and B2B Connect to facilitate cross-border payments.

These cards can be used in any 80 million merchants affiliated with Visa’s network across 40 countries.