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Crypto custodian BitGo has announced the launch of its Singaporean subsidiary following obtaining a local license from the Monetary Authority of Singapore. On Thursday, Nov. 21, crypto custody firm BitGo announced the launch of a Singapore subsidiary to provide trading…
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Nate Geraci, President of the ETF store, shared that major players are interested in new crypto index funds.
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President Donald Trump and his team inched closer to assembling a crypto council as promised to the digital industry and a new office at the White House. Trump’s transition team is evaluating candidates to lead a first-of-its-kind crypto office in…
BTC
Bitcoin
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The outcome of the 2024 U.S. elections, which saw Republicans taking control of the White House, Senate, and Congress, could significantly reshape the regulatory landscape for cryptocurrency in the country, according to S&P analysts. According to a recent S&P Global…
BTC
Bitcoin
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The Democratic Party of Korea has confirmed its intention to introduce a 20% cryptocurrency taxation starting in Jan. 2025.
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Japan Prime Minister Shigeru Ishiba promises to include discussions of tax cut proposals from the opposition party in his economic stimulus package, involving tax cuts for gasoline and crypto assets. According to a Bloomberg report published on Nov. 20, Ishiba…
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The Reserve Bank of India prioritizes the long-term potential of central bank digital currencies but is holding off on a full rollout until its effects are better understood. India‘s central bank is taking a measured approach to launching a central…
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Crypto mining firm BIT Mining has agreed to pay a $4 million civil penalty after the SEC charged it with violating the Foreign Corrupt Practices Act. The U.S. Securities and Exchange Commission has charged crypto mining firm BIT Mining, formerly…
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The Russian government has greenlit draft amendments to a bill aimed at taxing crypto mining and transactions. Russia is moving forward with a draft amendment to its Bitcoin (BTC) mining legislation, introducing new tax rules for crypto mining, transactions, and…
BTC
Bitcoin
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Cryptocurrency exchange OKX now enables customers to deposit and withdraw Singapore dollars without any fees via PayNow and Fast and Secure Transfers. Crypto exchange OKX said in a press release on Monday, Nov. 18, that it would provide zero-fee Singapore…
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The Hong Kong Monetary Authority cautions the public on overseas crypto firms falsely claiming to be banks, urging caution as such claims may violate local banking laws. Hong Kong‘s financial regulator, the Hong Kong Monetary Authority, warning against overseas crypto…
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Donald Trump’s promise of a U.S. SEC without Gary Gensler may be realized ahead of schedule amid state lawsuits and resignation chatter.
XRP
XRP
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British officials are reportedly working on a plan to regulate stablecoins and exempt staking services, aiming to strengthen the country’s appeal amid U.S. regulatory shifts. The British government plans to roll out crypto regulations by December, aiming to retain firms…
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Blockchain naysayer Elizabeth Warren effectively replaced outgoing Senator Sherrod Brown as the ranking Democrat on the Senate Banking Committee, a key panel for crypto regulation.
BTC
Bitcoin
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Russia may face an energy shortage in the next 10 years due to rapid Bitcoin mining expansion, a Kremlin official warns. Russia could experience an energy shortage within the next 5-10 years as crypto mining rapidly expands, a senior Kremlin…
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Bitget has officially re-launched its UK platform, now fully compliant with the Financial Promotions Regime. Cryptocurrency exchange Bitget is coming back to the United Kingdom just six months after suspending its services to new users in the country. In a…
BGB
Bitget Token
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