Bitstamp Wins a License in Europe
Bitstamp has taken a step further in strengthening its position in the EU regulators by obtaining a Multilateral Trading Facility license from the Securities Market Agency in Slovenia.
Consensys Asks Future US President for Clear Crypto Rules
During a time of increasing political and market tensions, blockchain company Consensys has addressed an open letter to the future president of the United States, urging for clear and supportive regulations regarding cryptocurrencies and Web3.
Netherlands Asks for Public Comments on Proposed Crypto Laws
The Dutch government is seeking public feedback on proposed legislation that would require crypto service providers to collect and share user data with the local tax authority, in line with EU regulations.
South Korea Will Regulate Cross-Border Crypto Transactions
According to The Korea Times, the South Korean government is planning to regulate transactions involving virtual assets, including cryptocurrencies.
Nigeria Drops Charges Against Binance Executive
A court in Nigeria has dismissed all charges against Tigran Gambaryan, a former IRS investigator and current head of financial crime compliance at Binance, a major cryptocurrency exchange.
Bitcoin Whales Reach Highest Level in 3 Years
Glassnode and Bitwise’s head of research, André Dragosch, reported this week that there are currently 1,678 entities holding at least 1,000 BTC.
Denmark May Introduce Tax on Unrealized Cryptocurrency Gains
Denmark is taking a pioneering step towards implementing a tax reform that would involve taxing unrealized capital gains on cryptocurrencies starting from January 1, 2026.
Chainlink Rolls Out Private Blockchain Transactions for Institutional Clients
Chainlink, a decentralized blockchain oracle network built on the Ethereum platform, has rolled out new tools to support secure and private transactions for financial institutions across various blockchain networks.
UK’s Financial Regulator Defends Strict Crypto Rules
The UK’s Financial Conduct Authority (FCA) has defended its strict registration requirements for cryptocurrency firms in response to recent criticism.
Tesla Still Owns its $780M in Bitcoin: Arkham Intelligence
Despite rumors of a potential sale or liquidation, electric vehicle company Tesla still appears to hold its entire Bitcoin investment, which is currently valued at $780 million.
Japan’s Political Party Leader Pledges to Reduce Taxes on Crypto to 20%
Japan’s Democratic Party for the People (DPP) leader Yuichiro Tamaki has unveiled a plan to lower the tax on crypto profits to 20% in his recent policy statement leading up to the general election.
Bitcoin Hashrate Hits Record Level
The computational power of Bitcoin has recently reached an unprecedented high, as reported by Glassnode.
Indonesia Extends Deadline for Crypto Exchanges to Receive a License
On Oct. 20, the Indonesian Commodity Futures Trading Regulatory Agency announced that crypto exchanges have until the last week of November 2024 to meet the requirements for a Physical Crypto Asset Traders license.
Montenegro Halts Terraform Labs Former CEO Extradition
The Constitutional Court in Montenegro temporarily stopped the extradition of Do Kwon, former founder and CEO of Terraform Labs, on Oct. 18.
Stripe Acquires Stablecoin Platform Bridge in Recent Deal
TechCrunch founder Michael Arrington has reported that payment processing giant Stripe has acquired digital currency platform Bridge for $1.1 billion.
