Cryptocurrency Analysis and News Portal
In the past few days, Hong Kong has moved towards allowing retail investors to buy spot crypto Exchange Traded Funds (ETFs) and primary dealing of tokenization. The move appears to be another step in Hong Kong's recently accelerated ambitions to become a virtual asset hub. It implemented a new regulatory regime in June,
Read More
The service will offer a network of "bitcoin-competent" financial planners to help HNWIs build distribution and utilization strategies and address potential tax and inheritance issues, Unchained said. Source
Read More
The United Arab Emirates’ hubs of Abu Dhabi and Dubai had identical scores for crypto regulatory structure and crypto adoption, two of the most heavily weighted criteria in the ranking overall. But while the UAE’s regulatory structure is top tier – and accounts for 35% of its total score –
Read More
Biden’s latest action against crypto has garnered several opposing reactions from the crypto community. The 46th elected president of the United States Joe Biden has announced his intention to close tax loopholes for “wealthy crypto investors”. He tweeted requesting Congress to cut loopholes that help the crypto tycoons. Biden also accused
Read More
Exchange owners cautioned against downloads of malicious as attackers zeroed in on gullible users with a very relevant and specific narrative. Original Source
Read More
Bitcoin's (BTC) price dropped by more than 50% after peaking out at $69,000 six months ago but the plunge did little in forcing some of its wealthiest investors into selling.Notably, the number of Bitcoin under Coinbase Custody for institutional clients rose by 296% since Q4 2020, showcasing the most investors
Read More
Wealthy Ukrainians, at least those who have not fled the country, are looking to cryptocurrencies as a safe haven for their assets as the Russian-Ukraine conflict heats up. However, there's a limited supply of Tether's USDT dollar-linked stablecoins, and that limit has pushed up the exchange rate to a sizable
Read More
The U.K.'s financial services regulator plans to tighten restrictions crypto-asset advertising after the government gives it increased power to regulate the industry and protect investors who may not fully understand the risks they are taking on.The Financial Conduct Authority (FCA) said it plans to classify crypto assets such that consumers
Read More
The argument on who really benefits from bitcoin is a long one in the making. For those who have been invested in the digital asset for a couple of years, they have obviously been making the most profit given the recent rallies in the market. However, there is still a
Read More
U.S. Senator Elizabeth Warren has argued that cryptocurrency is not a path to financial inclusion like crypto advocates claim. “Bitcoin ownership is even more concentrated within the top 1% than dollars,” she said, emphasizing the need for “real solutions to make the financial system work for everyone, not just the
Read More