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The US government has finally announced the date of the Bitcoin auction
The U.S. government is preparing to auction off 69,370 Bitcoins, which are presently valued at approximately $4.4 billion, in response to the Supreme Court's decision not to hear a legal…
HKVAX Emerges as the Most Recent Crypto Hub Powerhouse in Hong Kong
In Hong Kong, HKVAX has become the third crypto platform to obtain a license from the SFC.
Hong Kong's financial landscape continues to improve as HKVAX acquires its cryptocurrency…
FTX Crypto Exchange’s bankruptcy plan has been approved for a $16.5 billion repayment
The bankruptcy plan of FTX, the once-prominent cryptocurrency exchange, has been approved by the court. This plan will enable the exchange to compensate customers with up to $16.5 billion…
SEC warns investors about increasing romance scams
Federal officials have issued a warning regarding the increase in "relationship investment schemes," in which criminals assume the identity of romantic partners.
Federal officials have…
Musk’s endorsement of Trump elevates him above Harris on Polymarket
Following Elon Musk's support, Donald Trump's Polymarket betting odds rose to 51%, surpassing Vice President Kamala Harris' 36%.
In the wake of a recent endorsement from tech billionaire…
US warns about Trinity ransomware on crypto market
The Trinity ransomware has affected at least one health-care entity in the United States, according to the United States Health Sector Cybersecurity Coordination Centre.
A United States…
UBS expects big crypto investment outflow from China stimulus
UBS anticipates that the forthcoming stimulus package from China, which is estimated to be worth between RMB 1.5 trillion and 2 trillion, will result in a significant migration of investors…
The SFC will approve 11 crypto exchange licenses before year-end
According to Julia Leung, the Chief Executive of the Securities and Futures Commission (SFC), 11 platforms have received inspections from the regulator.
The Securities and Futures…
Binance rejects Israeli military requests to freeze cryptocurrency wallets
The Israeli military has recently requested that Binance, the world's largest cryptocurrency exchange, impound crypto assets associated with Palestinians and other individuals in the…
UAE cuts crypto transaction taxes
Starting November 15, 2024, the UAE has exempted crypto transfers and conversions from VAT.
Value Added Tax (VAT) rules have been changed by the Federal Tax Authority (FTA) of the UAE.…
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