FTX Japan plans to resume operations by January
FTX Japan halted withdrawals amid the collapse and bankruptcy filing of SBF’s FTX empire, with Japan’s regulator, FSA, ordering it to suspend operations. [...] Read More... The post FTX Japan…
Kenya to tax 4 million digital asset owners under new bill
The Capital Markets (Amendment) Bill will be the first law to govern the digital asset industry and will impose taxes akin to the existing 20% excise duty. [...] Read More...…
Australia’s financial watchdog sues Coinbase-backed Block Earner over unlicensed digital asset services
The regulator disclosed that Block Earner, a firm backed by Coinbase and Aave, also operates an unregistered managed investment scheme that violates Australia’s capital market laws. [...] Read More... The…
China’s foreign exchange agency seeks tighter control over the digital asset industry
China's foreign exchange bureau says there is a need to regulate and classify the digital asset sector to improve the country's monitoring of illegal forex transactions. [...] Read More... The…
Independent research verifies GBTC has 633K Bitcoin; why doesn’t Grayscale? Report
On the heels of the FTX trouble, the crypto community increasingly demands proof of reserve. Some crypto firms are not ready to provide this data, but an on-chain analytical platform…
Ethereum: These new updates will upgrade the network and foster ecosystem development
Five Ethereum improvement proposals (EIPs) have been slated for the Shandong testnet. One of the hotly anticipated network upgrades is the ability to withdraw staked Ethers from the beacon chain. …
Bitcoin will explode by 5,900% and will be ‘smelling like a rose’ after beating the bears – Report
ARK Invest CEO Cathie Wood doubles down on BTC price prediction of $1 million. ARK Invest has been buying more shares of Grayscale’s GBTC fund. Bitcoin (BTC) bulls remain confident…
