Cryptocurrency Analysis and News Portal
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The attacker who stole $46 million from the KyberSwap protocol has used a complex strategy described by a DeFi expert as an “infinite
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Australia’s tax regulator has been unable to clarify confusing aspects of its new guidance that suggests capital gains tax (CGT) is payable on a slate of everyday decentralized finance transactions.The ATO failed to answer direct questions from Cryptox on whether staking Ether on Lido or transferring funds via bridges to
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Crypto lawyers John Deaton and Mike Selig took to Twitter to debunk misconceptions about the judge Torres’ decision regarding XRP’s security status. The legal experts sought to clarify the ruling amid what they deemed to be widespread
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Bank of America says it continues to differentiate between the trading of blockchain-native crypto tokens, for which regulations are still being established, and the trading of tokenized traditional assets including exchange-traded-funds (ETFs), repos and gold, for which the “rules are already established and trading volumes have already reached trillions of
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Don’t tar all crypto with the FTX brush, the head of the Financial Market Authority told lawmakers. Source
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The Brazilian government is preparing to release a decree to fill the blank spaces that the recent approval of the cryptocurrency law has left open. The document, prepared by the Ministry of Finance, will establish the areas of oversight and responsibilities for the Central Bank of Brazil and the national
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The Crypto and Digital Assets All Party Parliamentary Group (APPG), which is chaired by Scottish National Party member of parliament (MP) Lisa Cameron, has called for the British government to provide clarity in terms of its commitments to the crypto sector. Source
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U.S. Senator Elizabeth Warren ((D-Mass.) and Representative Alexandria Ocasio-Cortez (D-N.Y.) have asked regulators to clarify their rules on former employees obtaining roles in the crypto industry. Original 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 Thai Securities and Exchange Commission (SEC) has sent a request to cryptocurrency exchange Zipmex to clarify the recent withdrawal freeze. Source
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