Iran’s tax authority wants to legalize crypto exchanges
The Iranian tax agency has called for establishing a legal framework for crypto trading platforms so they can be taxed properly. Go to Source Powered by WPeMatico
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Soccer Giant AC Milan Seals Sponsorship Deal With Crypto Exchange Bitmex
Italian soccer club AC Milan and Bitmex have reached a long-term partnership agreement that will put the logo of the cryptocurrency exchange on Milan’s jerseys. As part of the sponsorship deal, Bitmex will become Milan’s ‘official sleeve’ and ‘crypto trading’ partner. Bitmex Brand to Feature on Sleeves of Milan Playing Kits Bitmex, a leading crypto … Read more
Operating a crypto exchange in Japan is ‘rather tough,’ FSA chief admits
Japan’s newly appointed Financial Services Agency Commissioner Junichi Nakajima believes Bitcoin is a quick way to transfer cash, but people use BTC for speculation and investment. Go to Source Powered by WPeMatico
Ukrainians to Trade and Spend Cryptocurrencies Legally, Digital Ministry Says
Residents of Ukraine will be able to legally keep, exchange, and spend cryptocurrencies once the new virtual assets law is adopted. The legislation will comprehensively regulate the crypto space, possibly lower taxes for Ukrainians and create conditions for new services, a government official revealed. New Regulations to Create Market for Crypto Services for Ukrainians Ukrainians … Read more
HSBC UK reportedly cuts credit card payments to Binance
“We take our duty as a responsible lender seriously and want to do everything we can to protect you,” HSBC UK reportedly wrote. Go to Source Powered by WPeMatico
Bitcoin outflows from centralized exchanges surge to 100K BTC monthly
Centralized exchanges have experienced their heaviest week of Bitcoin withdrawals since November 2020. Go to Source Powered by WPeMatico
Binance banned in Malaysia, given 14 days notice to shut down operations
The crypto exchange has been served with a notice to stop offering its services in the country. Go to Source Powered by WPeMatico
FTX reduces max leverage from 101x to 20x to encourage ‘responsible trading’
Sam Bankman-Fried, the CEO of surging crypto derivatives exchange, FTX, has slashed its maximum leverage in a move to promote responsible trading practices. Go to Source Powered by WPeMatico
Despite Negative Press, Binance Is Still the World’s Largest Crypto Spot and Derivatives Exchange
While Binance has had a few issues with payment service providers and regulators from a few countries, the centralized cryptocurrency exchange is still the largest trading platform in terms of trade volume. During the last 24 hours, Binance has recorded roughly $8.6 billion in swaps and the trading platform commands the highest trade volume out … Read more
Bithumb Terminates Trademark Agreements With 2 Foreign-Based Exchanges
Leading Korean crypto exchange Bithumb is terminating its trademark agreements with two coin trading platforms operating abroad under its brand name. The move comes as digital asset exchanges in South Korea prepare to comply with the country’s stricter regulations for the industry that will be enforced in September. Bithumb Global and Bithumb Singapore to Change … Read more
