Tag: crypto

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Major Crypto Exchanges Ready to Work in Russia Under Proposed Rules, Report

Leading exchanges, polled by the Russian press, have indicated they are not afraid of the upcoming strict crypto regulations. A requirement for coin trading platforms to establish a local office is one of the proposals in a regulatory roadmap drafted by the government in Moscow. Cryptocurrency Exchanges to Set Up Shop in Russian Federation Some…
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Aussie billionaire sues Facebook over crypto scams with AG’s consent

The Aussie businessman said that Facebook’s failure to remove the fraudulent ads featuring him and dozens of other high profile celebs was “criminally reckless.” Australian billionaire Andrew “Twiggy” Forrest is taking Facebook to court over scammy cryptocurrency ads that he alleges used his name to defraud victims. The Fortescue Metals chairman is accusing Facebook of…
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Thailand Relaxes Tax Rules for Crypto Investors, Scrapping 15% Withholding Tax

Thailand has relaxed tax rules for cryptocurrency investors, scrapping its planned 15% withholding tax. “The revenue department did a lot of homework and reached out to crypto operators as well to get feedback … It is much more friendly to both investors and the industry,” said the CEO of a crypto exchange. Thailand’s New Crypto…
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Russians Own $215 Billion in Crypto Suggests Estimate Attributed to Government

Russians may own more cryptocurrency than previously thought, a new estimate reportedly used by the government has indicated. The quoted figure amounts to over a tenth of the global holdings and may serve as an impetus for the government to regulate Russia’s crypto market rather than outlaw it. Estimated 12% of Crypto Allegedly Held by…
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Hodlers beware! New malware targets MetaMask and 40 other crypto wallets

Users have been warned against a new malware designed to steal crypto from browser extension wallets such as MetaMask and Coinbase Wallet. Security was never the strong suit of browser-based crypto wallets to store Bitcoin (BTC), Ether (ETH) and other cryptocurrencies. However, new malware makes the safety of online wallets even more complicated by directly…
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Crypto Asset Manager Wisdomtree Reveals ‘Direct-to-Retail’ Digital Wallet

The crypto asset and exchange-traded fund (ETF) manager Wisdomtree has revealed the company is launching a new digital wallet called Wisdomtree Prime, which will allow users to hold crypto assets, blockchain-enabled funds, tokenized versions of commodities like gold, and access to stocks or bonds based on Wisdomtree’s indexes. Wisdomtree to Launch Prime Wallet in Q2,…
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Kosovo Halts Cryptocurrency Mining Amid Energy Crisis

The government of Kosovo has decided to suspend crypto mining activities in the country as part of measures to deal with power shortages this winter. The move has been proposed by a special parliamentary committee tasked with bridging the gap between electricity demand and supply. Kosovo Authorities Ban Crypto Mining to Save Needed Energy The…
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Estonia Clarifies Upcoming Regulations, Will Not Ban Crypto Holding or Trading

The government of Estonia has approved legislation tailored to improve oversight of its crypto sector which expanded rapidly due to favorable regulations and business climate. The new law, which is yet to be adopted, will introduce stricter requirements for service providers without preventing their clients from owning or exchanging cryptocurrencies. Authorities in Tallinn Draft Stricter…
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Evedo seeks to bring event planning to the blockchain

“We have theaters, disco clubs, event halls. In 2022, we have a goal to onboard 1,000 new venues around the world using seating ticket sales,” says CEO and founder Stoyan Angelov. Evedo, a platform consisting of business-to-business, or B2B, & business to consumer, or B2C, marketplaces, seeks to provide blockchain solutions for businesses and participants…
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This key trading pattern hints at the continuation of Fantom’s (FTM) 125% rebound

A bullish inverse head and shoulders chart pattern suggests that FTM price could see extended upside. Fantom (FTM) looks poised to hit a new record high in the coming sessions after its 125% price rebound from $1.23 on Dec. 14, 2021, to $2.84 on Jan. 3, 2022 triggered a classic bullish reversal setup.  Dubbed inverse…
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