The reporting requirements present a “real risk of pushing users toward decentralized platforms,” according to industry insiders.
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European retail investors will likely feel the biggest effect of the MiCA regulations through more stringent data collection and the potential introduction of crypto taxation laws.
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The crypto community’s financial literacy rate is estimated at 25%, lagging the financial literacy average in the United States by half, according to a new report.
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Despite the growing number of investors, only 10% held over $7,200 worth of digital assets in their crypto portfolios.
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According to a popular pro-crypto attorney and Senate candidate, the SEC’s overreach into the crypto industry has cost retail investors over $15 billion in losses.
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BlackRock warns investors about a rise in crypto scams targeting its iShares Bitcoin and Ether ETFs, urging caution against social media impersonators.
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The Washington State Department of Financial Institutions (DFI) has reported multiple complaints about cryptocurrency scams on Whatsapp and Telegram involving fake “professors.” These scams lure investors through social media ads and false educational institutions, promising high returns and offering dubious loans. Cryptocurrency Scams: Fake Professors Target Investors The Washington State Department of Financial Institutions (DFI) […]
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If the new proposal is approved, implementing the crypto gains tax in the country will be delayed by nearly seven years from its original schedule.
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Binance CEO Richard Teng has given some advice for investors interested in getting into cryptocurrency. He provided three key tips for starting a crypto journey. “Explore and constantly reassess your strategy” was one of the three pieces of advice the Binance executive gave. Binance’s CEO Shares Tips for New Crypto Investors Binance CEO Richard Teng […]
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Marathon Digital’s CEO has shared his insights on the future of the crypto industry and the potential impact of the upcoming presidential election. The executive observed that the Biden administration has historically been hostile to bitcoin and crypto through its various agencies. However, he noted a recent shift in its stance, likely due to the […]
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