BitGo Launches Services for Retail Users
BitGo has introduced a new retail platform which allows global access to its regulated services for the first time.
Coinbase Abandons Plans to Enter Turkey’s Market
Coinbase has announced its decision to withdraw from Turkey’s cryptocurrency market and is currently in the process of liquidating its local operations.
Japan’s DMM Bitcoin Exchange Will Close
DMM Bitcoin, a Japanese cryptocurrency exchange owned by DMM.com Group, is shutting down and preparing for liquidation.
South Korea Puts Off Crypto Tax
The National Assembly of South Korea has come to a consensus to postpone the implementation of a cryptocurrency tax until 2027.
XRP Overtakes USDT as Third Largest Crypto
The market capitalization of XRP has surpassed Tether’s stablecoin, making it the world’s third-largest cryptocurrency after Bitcoin and Ether.
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.
CFTC Could Oversee Crypto in US
The potential move to give the Commodity Futures Trading Commission (CFTC) control over the cryptocurrency industry in the White House under the Donald Trump administration is being considered.
Kraken Will Close its NFT Marketplace
Kraken has announced it will be shutting down its NFT marketplace in order to focus on upcoming projects.
MicroStrategy Increases its BTC Reserves
MicroStrategy acquired approximately 55,500 more Bitcoins for around $5.4 billion between November 18-24, representing a 17% increase in its overall Bitcoin holdings.
