Tag: Cryptocurrencies
Ripple Wins License in Dubai to Offer Payment Services
Reading time: < 1 minuteRipple announced on Thursday that it has received approval from the Dubai Financial Services Authority (DFSA) to offer regulated crypto payments and services in the UAE, becoming the first blockchain-enabled payments provider to be licensed by the agency.
Russian Central Bank to Allow Rich Investors to Trade Crypto
Reading time: < 1 minuteRussia’s central bank has proposed new regulations to permit high net-worth individuals to trade cryptocurrencies during a three-year trial period, according to a statement released Wednesday.
US House Votes to Overtake IRS DeFi Broker Rule
Reading time: < 1 minuteThe House of Representatives convened on Tuesday to vote on repealing the IRS DeFi broker rule, which aimed to impose data collection requirements on DeFi platforms.
Trump’s Support for Crypto Concerning EU
Reading time: < 1 minuteEurozone finance ministers have voiced concerns that the US administration’s policy shift toward embracing cryptocurrencies could impact the eurozone’s monetary sovereignty and financial stability.
Bullionaire Coin ($BULL) Secures $400,000 in Private Investment to Develop Luxury-Focused Cryptocurrency
Reading time: 2 minutesLondon, United Kingdom, 10th March 2025, Chainwire
White House Crypto Czar Rejects Cryptocurrency Transaction Tax Proposal
Reading time: < 1 minuteDavid Sacks, the White House’s crypto and AI advisor, has dismissed the idea of taxing every cryptocurrency transaction as a method to enhance the US strategic Bitcoin reserve and digital asset holdings.
Japan’s Ruling Party to Reduce Crypto Tax from 55% to 20%
Reading time: < 1 minuteJapan’s ruling party has drafted a proposal to lower the crypto tax rate from the current maximum of 55% to 20% and is currently seeking public feedback.
Trump Signs Executive Order to Establish a Strategic Bitcoin Reserve
Reading time: < 1 minuteLess than a week after announcing plans for a “crypto strategic reserve,” US President Donald Trump signed an executive order on Thursday night to create a Strategic Bitcoin Reserve.
SEC Agrees to Drop Case Against Cumberland DRW
Reading time: < 1 minuteThe US Securities and Exchange Commission (SEC) has decided to dismiss its enforcement case against Cumberland DRW.
Crypto Tsar David Sacks Says He Sold All His Crypto
Reading time: < 1 minuteDavid Sacks, the White House AI and crypto czar, has affirmed that he holds no crypto assets, having divested all prior to President Donald Trump’s inauguration.
