Category: Crypto

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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 […]

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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 […]

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Monad Labs Secures $225 Million Funding Round Led by Paradigm Monad Labs secured $225 million in a financing round spearheaded by Paradigm. The funds will support the creation of a swifter iteration of the Ethereum blockchain, aligning with current DeFi applications. The funding will primarily fuel the advancement of Monad Labs’ accelerated Ethereum blockchain. This […]

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Bitget, a cryptocurrency exchange, has announced the launch of its new initiative called the “Bitget COO Apprentice” program in Europe. This program aims to provide young individuals with the opportunity to work closely with Bitget’s executive team and gain hands-on experience in the industry. It falls under Bitgetโ€™s Blockchain4Youth initiative, which aims to offer participants […]

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Brazil is on the brink of unveiling a new proposal for cryptocurrency taxation in a forthcoming bill to be presented to the National Congress in the coming days. This bill suggests taxing cryptocurrencies in a manner akin to shares and capital instruments with fluctuating exchange rates, rather than classifying them as goods. Brazil Prepares to […]

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Crypto.com is making its mark in the South Korean crypto market with the launch of its trading app. An executive from the company expressed excitement, stating, โ€œWe spent significant time and resources tailoring our offering for this market and are honored to be the first and largest global cryptocurrency exchange to launch in South Korea.โ€ […]

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The Autoritรฉ des Marchรฉs Financiers (AMF) in France has issued a warning about BITGET, noting it offers digital finance services without proper authorization. The AMF updates a blacklist with entities offering unauthorized investment services in France. French Financial Regulator To Blacklist BITGET for Unauthorized Crypto Services [Mise en garde] Lโ€™AMF rappelle au public que la […]

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Deribit, the largest crypto options trading platform globally, announced on Tuesday that its Dubai branch has received a provisional license for virtual asset services from the Virtual Asset Regulatory Authority (VARA). This license covers trading in both spot and derivatives markets but is yet to be activated. Deribit needs to meet further conditions and localization […]