Crypto Wealth Could Take A Hit As Slovenia Weighs 25% Tax
Slovenia’s Finance Ministry released a draft bill that would tax profits from the sale of cryptocurrencies at 25%, potentially sealing the nation’s status as a tax haven for investors in digital assets. The plan is designed to close a loophole that currently excludes individual crypto traders from taxation while businesses are taxed on similar activities. […]
XRP ETFs And A Price Surge: What To Expect If The SEC Gives Greenlight
With the anticipation for the approval of XRP ETFs XRP ETFs by the United States Securities and Exchange Commission (SEC) growing rapidly, the price of the cryptocurrency may be on the cusp of a dramatic surge. According to a crypto analyst, ETFs could become the ideal driver for a continual price rally for the altcoin […]
Cardano Developer IOG Seeks $13.4 Million Funding For 2025 Roadmap
Input Output Global’s (IOG’s) research arm has formally asked the Cardano community to bankroll a twelve‑month programme of cutting‑edge R&D that it says is essential to keeping the blockchain competitive through the end of the decade. In a post on X on Thursday, the company wrote, “Cardano’s sustainable future and competitiveness depends on research & […]
Crypto Mixer eXch Calls It Quits: Under Fire Over Bybit Hack
Cryptocurrency exchange eXch will close down on May 1 after being accused of facilitating money laundering of funds stolen in the record-breaking Bybit hack. The firm made the announcement yesterday in a statement that cited pressure from law enforcement as the primary reason for closure. Related Reading: Wall Street Winks At Dogecoin: ‘It’s More Than […]
What’s Going On With Dogecoin And Shiba Inu?
Amid the recent market downturn, several developments have occurred in the Dogecoin and Shiba Inu ecosystems. These include fundamentals, which provide a bullish outlook for the foremost meme coins. Developments In the Dogecoin Ecosystem Recent developments in the Dogecoin ecosystem include the launch of 21Shares’ Dogecoin ETP in partnership with the House of Doge, the […]
Canary Capital Files for Tron ETF With Staking Capabilities
The Securities and Exchange just days ago postponed its decision on Grayscale’s request to add staking to its ethereum ETF products.
Feds Mistakenly Order Estonian HashFlare Fraudsters to Self-Deport Ahead of Sentencing
Ivan Turogin and Sergei Potapenko ran a crypto mining Ponzi scheme that defrauded investors around the world of more than $575 million.
Crypto In The Desert: Arizona Reserve Bill Advances To 3rd Reading
Arizona’s push to develop state-run cryptocurrency reserves gained momentum this week. One bill cleared a crucial hurdle when the Strategic Digital Assets Reserve Bill (SB 1373) moved through the upper chamber of the House Committee of the Whole on April 17. It is set for a final vote before potentially reaching Governor Katie Hobbs. Related […]
CoinDesk Weekly Recap: EigenLayer, Kraken, Coinbase, AWS
Controversies, job cuts, too many lobbyists. A lot happened despite a relatively quiet week on the markets.
Ripple-Backed Hidden Road Achieves Broker-Dealer License Approval
Ripple Labs-owned Hidden Road has announced that its subsidiary, Hidden Road Partners CIV US LLC, has received approval from the Financial Industry Regulatory Authority (FINRA) to operate as a FINRA-member broker-dealer. This approval allows Hidden Road to enhance its recently launched fixed income prime brokerage platform, which currently offers Fixed Income Repo and Global Funding […]