Cryptocurrency Analysis and News Portal
The SEC-registered trading platform Prometheum pitched the House on Gary Gensler's vision. But skeptical legislators highlighted that the platform won't offer major assets, including Bitcoin. Source
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The two are the first companies added by the Financial Conduct Authority to the crypto register in six months. Source
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How Effective Altruism Power Brokers Helped Make Sam Bankman-Fried Source
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Eligible clients include individuals with over 8 million Hong Kong dollars and institutions with over 40 million Hong Kong dollars in investable assets. Source
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Interactive Brokers, a global brokerage firm with headquarters in the United States, announced the launch of its crypto trading services for institutional clients in Hong Kong on Feb. 14. The crypto trading services were launched in association with OSL Digital Securities, a Securities and Futures Commission-licensed digital asset brokerage and
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Financial services providers in Hong Kong are already taking the first steps to provide services to retail investors, according to local reports. Brokers and fund managers in the region have reportedly asked for advice on licensing requirements ahead of new legislation.Lawmakers in Hong Kong passed an amendment to the Anti-Money
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The enforcement of a requirement for brokers to report gains made by crypto investors has been postponed by the U.S. Treasury Department and the IRS. The new tax rules, incorporated into the $1 trillion infrastructure bill passed by the U.S. Congress in 2021, were to be imposed in 2023. Crypto Brokers
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A new European trial of blockchain-based securities trading is a “very good thing” for crypto fans, CryptoX was told – but some worry it’s overcautious and rigid. Source
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Supported by Senators Pat Toomey (R-Pa.), Mark Warner (D-Va.), Cynthia Lummis (R-Wyo.), Kyrsten Sinema (D-Ariz.) and Rob Portman (R-Ohio), the bill would exclude miners or other node operators and wallet manufacturers from the definition of a "broker" in a 2021 infrastructure law that imposed new tax reporting requirements on those
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The authorities seized 850,000 euros, US$470,000 and 460,000 Ukrainian hryvnia (amounting to about $1.67 million in total); 830 kilograms of silver; six pieces of land; and three apartments. All were the proceeds of illegal crypto trades, the Prosecutor General's office said. The assets, worth around $3.39 million combined, were handed
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