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Tag: Crypto

Cryptocurrencies Exempted from VAT in the United Arab Emirates

Cryptos
The UAE has exempted cryptocurrency transfers and conversions from value-added tax (VAT), making it a more cryptocurrency-friendly jurisdiction for digital asset transactions. The amendments...

Cryptocurrency Markets Reeling From Global Uncertainty Over Middle East Conflict

Cryptos
Bitcoin plummeted as the market reacted to the ongoing conflict between Israel and Iran. On a macroeconomic level, crypto-asset markets have been shaken by...

SEC Delays Decision on Spot Ethereum ETF Trading Options

Cryptos
The U.S. Securities and Exchange Commission (SEC) has postponed its decision on approving a rule change to allow options trading in Ethereum exchange-traded funds....

Interest Rate Cut Drives Cryptocurrency Investment to $321 Million

Cryptos
Cryptocurrency investment products saw inflows of up to $321 million in the previous week, an increase that is related to the Federal Reserve's interest...

Bitcoin Price Today: Around $60,000 Before the Rate Cut

Cryptos
Bitcoin prices rose Wednesday on expectations of an interest rate cut by the Federal Reserve, while data indicating an improvement in capital flows into...

DBS, Singapore’s Top Bank, to Offer Bitcoin and Ethereum Options

Cryptos
One of the largest banks in all of Southeast Asia is offering its high-profile clients exposure to Bitcoin through options and debt instruments. One of...

SEC Raises $4.68 Billion from Cryptocurrencies Under 2024 Measures

Cryptos
The U.S. Securities and Exchange Commission has collected a significant $4.68 billion in fines from the cryptocurrency sector in 2024. This record marks an...

0.5% Rate Cut Could Create More Stress for Bitcoin, Analysts Warn

Cryptos
Contrary to what many analysts believe, a rate cut by the Federal Reserve could cause panic and concern, leading to increased caution and potential...

Giant Japanese Power Company Explores Bitcoin Mining with Renewable Energy

Cryptos
A subsidiary of TEPCO, Japan's leading electricity provider, is using waste solar energy for Bitcoin mining. Tokyo Electric Power Company (TEPCO) is entering the Bitcoin mining sector. Through its...

Spot Bitcoin ETFs Record Highest Outflows in 4 Months

Cryptos
Spot Bitcoin ETFs have garnered the financial market's attention in recent months. However, recently released data indicates that these funds experienced net outflows of...

Qatar Introduces New Legal Framework for Cryptocurrency Regulation

Cryptos
Qatar is opening the way for cryptocurrencies with the introduction of a new special regulatory framework for this type of asset. Companies in the...

U.S. Economic Calendar: Key Events for Crypto in September

Cryptos
Cryptocurrency markets are closely watching several key macroeconomic events in the U.S. this month, which could have a considerable impact on cryptocurrencies.  In particular, the...
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