Jai Sahu, Author at Coinroot

two-gold-iron-coins-ethereum-bitcoin-shiny-silver-background-blue-pink-wire-cyberpunk-future.webp

Hong Kong is poised to introduce its highly anticipated spot Bitcoin and Ethereum exchange-traded funds (ETFs) by the end of April. According to Bloomberg, the Bosera-HashKey Capital spot ETFs are scheduled to commence trading on April 30. The Hong Kong Securities and Futures Commission (SFC) has recently authorized several fund managers to offer these ETFs, […]

The Woo X RWA Earn Vaults have been developed in collaboration with institutional tokenization company OpenTrade. Crypto exchange Woo X announces a groundbreaking initiative as tokenized Treasury Bills become accessible to retail investors for the first time. The platform has also recently launched index-linked meme-coin perpetuals in partnership with market maker Wintermute. Woo X is […]

2022-04-05T150849Z_849427067_RC23HT9B7K25_RTRMADP_3_UKRAINE-CRISIS-USA-TAX-1024x681-1.webp

The regulation requiring the new 1099-DA form is still in the works, but the IRS has offered a preview of what the form to report brokered digital asset sales might look like. The U.S. Internal Revenue Service has showcased the proposed design for the very first cryptocurrency tax reporting form. Observers note that further details […]

Screenshot-2023-02-14-at-08-49-1854-7452-1700675156.webp

Changpeng Zhao continues to dominate Forbes’ roster of cryptocurrency billionaires. What is the secret behind his immense wealth? Changpeng Zhao has consistently ranked among the richest individuals, despite facing legal challenges and accruing billions in fines in 2023. In early April, Forbes refreshed its billionaire roster, showcasing 17 figures from the crypto sector. Once more, […]

Binance, the largest cryptocurrency exchange globally, has obtained a long-awaited regulatory license in Dubai. Binance acquired its Virtual Asset Service Provider (VASP) license after co-founder Changpeng Zhao surrendered his voting power in the exchange’s local entity, as revealed by Binance CEO Richard Teng to Bloomberg on April 18. The final requirement from the Virtual Assets […]

The UK’s Finance Minister has revealed the government’s intention to establish a regulatory framework for cryptoassets by the end of July. Prime Minister Rishi Sunak, during his tenure as the nation’s finance minister, expressed the ambition to position the UK as a global center for cryptocurrencies. Economic Secretary to The Treasury, Bim Afolami, confirmed that […]

The Financial Sector Conduct Authority (FSCA) of South Africa has granted VALR, a cryptocurrency exchange backed by Pantera with headquarters in Johannesburg, both Category I and Category II licenses to operate as a Crypto Asset Service Provider (CASP). This achievement makes VALR one of the pioneer platforms for cryptocurrency assets in South Africa to receive […]

Bitcoin remains the preferred choice in investors’ portfolios (91%), with Ethereum trailing closely behind (78%), indicating strong asset preferences. A recent study by KPMG indicates a resurgence in investor sentiment following a turbulent year in the cryptocurrency market. The research, encompassing approximately 2,400 private crypto investors across Germany, Austria, and Switzerland, provides insights into evolving […]

Story Highlights: Hong Kong is set to approve its first Bitcoin and Ethereum ETFs soon, aiming to lead the Asian crypto market. The move is viewed positively for investor protection and attracting investments, but concerns linger about stringent regulations. Approval signifies a significant step for digital asset development in Asia and could establish a new […]

1. The issuance seeks to gather $6.25 million, providing a 10% coupon over a 5-year period. 2. Inversiones Laguardia S.A. de C.V. will issue the tokenized debt. Bitfinex Securities, El Salvador’s primary digital asset provider, has declared the initiation of a tokenized debt offering. This offering seeks to gather $6.25 million and provides a 10% […]

Author: Jai Sahu

Hong Kong Set to Launch Spot Bitcoin and Ethereum ETFs on April 30

Woo X Launches Innovative Tokenized Treasury Bills for Retail Investors

IRS Reveals New Form for Brokers to Report Your Cryptocurrency Transactions Next Year

Changpeng Zhao Named Richest Person in the Crypto Industry—Here’s Why

Binance Receives Dubai Cryptocurrency License After CZ’s Departure

UK to Issue New Crypto, Stablecoin Legislation by July, Minister Says

Crypto Exchange VALR Secures Crypto Asset Service Provider (CASP) License in South Africa

Growing Crypto Investments Among German Investors Ahead of Bitcoin Halving

Hong Kong Nears Launch of Landmark ETFs for Bitcoin and Ethereum

Bitfinex Securities Introduces El Salvador’s First Tokenized Debt to Fund New Hilton Hotel

Russia Proposes 15% Tax on Crypto and Mining Restrictions

WazirX Plans to Launch New Decentralized Exchange

Binance, Indian Police Bust Energy Scam, Recover $100K USDT

Indian Govt. Officials Probe Crypto Exchange WazirX's $234M Hack

Dubai's VARA Updates Marketing Regulations and Guidelines for VASPs

Germany Shuts Down 47 Crypto Exchanges for Illegal Activities

𝗬𝗼𝘂𝗿 𝗜𝗻𝗱𝗲𝗽𝗲𝗻𝗱𝗲𝗻𝘁 𝗖𝗿𝘆𝗽𝘁𝗼 𝗮𝗻𝗱 𝗚𝗹𝗼𝗯𝗮𝗹 𝗡𝗲𝘄𝘀 𝗔𝗹𝗹𝘆

Coinroot is dedicated to delivering current, accurate, and comprehensive news in the dynamic world of cryptocurrency and global events. We aim to simplify complex crypto-economic concepts for our audience, providing a trusted source of information for crypto enthusiasts and the wider public alike.