Hong Kong to Exempt Wealthy Families and Hedge Funds from Taxes on Crypto Gains
Hong Kong is taking a progressive step towards becoming a more attractive and competitive financial hub by removing the capital gains tax on cryptocurrency investments.
Taiwan’s Regulator Will Implement Stricter AML Rules on Friday
Taiwan’s Financial Supervisory Commission (FSC) has accelerated the implementation date of its anti-money laundering (AML) regulations for cryptocurrency.
Trading Platform XT.com Loses $1.7M in Hacker Attack
XT.com, a cryptocurrency exchange with a daily trading volume of $3.4 billion, has temporarily halted withdrawals due to a suspected hack resulting in a loss of $1.7 million.
Tether Ends Support for Euro-pegged Stablecoin EURT
Tether issuer yesterday announced that it will no longer support EURT.
Russia Approves Crypto Tax Bill
The approval of a new bill by Russian lawmakers means that soon, industrial Bitcoin miners will have to pay taxes on their revenues.
Ripple Announces Investments in Bitwise’s XRP ETP
Bitwise Asset Management has disclosed that, as part of a comprehensive rebranding of its European product lineup, it has changed the name of its European XRP exchange-traded product.
Swedish Stock Exchange Lists a Dogecoin ETP
A new Dogecoin Exchange Traded Product (ETP) has been launched on the Swedish stock exchange, providing greater accessibility to the widely popular memecoin.
