Cryptocurrency News

[ad_1] Coinbase secures Crypto Asset Service Provider approval in Italy 🇮🇹 Tl;Dr: By meeting the regulatory requirements, Coinbase will continue to offer crypto services in Italy, and has a clear path to bring new products and features to market in the country. By Nana Murugesan, Vice President, International and Business Development As discussed in our […]

[ad_1] A South African regional court recently ruled to release former Monero lead maintainer, Riccardo Spagni, from custody. The ruling came just a few days after his arrest by local law enforcement agents, a report has said. Prior to his release, Spagni aka Fluffypony told the court he had returned to South Africa voluntarily and

[ad_1] Ethereum started a major increase above the $1,200 resistance against the US Dollar. ETH even climbed above $1,400 and might rise further towards $1,500. Ethereum gained bullish momentum after there was a close above $1,250. The price is now trading above $1,350 and the 100 hourly simple moving average. There is a major bullish

[ad_1] Penetration of the crypto space has decreased; venture capital firms’ investment shrunk nearly 25% from a record $12.5 billion invested in the first half of last year to about $9.3 billion in the first six months of this year. Despite deal value having shrunk, deal volume has increased, with 534 deals announced in the first half

[ad_1] Australian central bank Governor Phillip Lowe said that a private solution “is going to be better” for cryptocurrency as long as risks are mitigated through regulation. Lowe commented at a recent G20 finance meeting in Indonesia. Reuters reported on July 17 that officials from other countries discussed the impact of stablecoins and decentralized finance

[ad_1] Britain’s top financial regulator, the Financial Conduct Authority (FCA), says the U.S. and U.K. will deepen ties on crypto regulation. “In the past, innovative firms would have been pleading for less regulation. Now they understand and appreciate that rules are there to help provide certainty,” said the British regulator. US and US to Strengthen

[ad_1] Brad Garlinghouse, the CEO of Ripple, has disclosed the cost implications of its legal battle with the US Securities and Exchange Commission (SEC). In a recent interview, Garlinghouse disclosed that Ripple would have spent more than $100 million as payments for legal fees by the end of the case. However, the CEO said the expenses are worth

[ad_1] The Indian crypto landscape lost some momentum this year as the government introduced two laws demanding crippling taxes on crypto-related unrealized gains and transactions. India’s first crypto law, which requires its citizens to pay a 30% tax on unrealized crypto gains, came into effect on April 1. A commotion among the Indian crypto community

[ad_1] The year 2022 saw not only drastic dips in leading cryptocurrencies and financial markets in general but also major legislative frameworks for crypto in prominent jurisdictions. And while the “crypto bill,” co-sponsored by United States senators Cynthia Lummis and Kirsten Gillibrand, still has a long way to go, its European counterpart, the Markets in

[ad_1] The Paraguayan Senate has approved a bill that seeks to regulate cryptocurrencies and their operations in the country. The bill, which had already been submitted to the deputy chamber, was approved with some changes suggested, establishing clear definitions and tax exemptions for companies in the cryptocurrency and crypto mining sectors. Paraguayan Cryptocurrency Bill