Friday, May 17, 2024
Regulations in the US, Indonesia's plans to launch its own cryptocurrency exchange, and more news in today's roundup. The crypto industry and regulations are at a tipping point. In the United States, popular...
The Federal Reserve is expected to raise interest rates at its July meeting, according to market estimates The US stock market saw a notable rise earlier in the day, as traders welcomed the...
Bank of America (BoA) was fined $150 million by US regulators for double charging overdraft fees and opening unauthorized accounts. The US central bank assessed banks' resilience to recession, but did not consider their ability to...
Senators Cynthia Lummis and Kirsten Gillibrand will introduce a new bill today, aimed at clarifying cryptocurrency regulation in the United States. The revamped Lummis-Gillibrand Responsible Financial Innovation Act proposes to classify most cryptocurrencies as commodities. The...
El Salvador has announced a Bitcoin mining project with plans to scale it up to a capacity of 20,000 MW. Below are details of what one needs to know. El Salvador is taking...
The agreement was reached within the framework of the LXII Meeting of Ministers of Economy and Presidents of Central Banks of Mercosur. The meeting took place in Puerto Iguazú, province of Misiones (Argentina). It seeks to...
Valkyrie has filed an application with the SEC to list a spot Bitcoin ETF, backed by Coinbase. American asset manager Valkyrie has submitted a new application to list a Bitcoin ETF in the...
Along with the ban on staking and lending, cryptocurrency exchanges are expected to hold user funds in a Trust. Crypto sector companies in Singapore face new regulations related to user funds. In this...
Meanwhile, Argentina manages a 15% tax on earnings with cryptocurrencies to encourage investment. Dominican Republic and Spain request taxes of 20% to 90% on profits with cryptocurrencies. According to a study, Panama and...
The survey, which spanned the Americas, Asia, Europe and Africa and interviewed more than 15,000 people, found that most respondents are aware of cryptocurrencies, with many seeing a bright future for the industry.