CryptoSlate
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Spain mandates disclosure of foreign-held crypto assets over €50,000 for tax purposes
Spanish citizens must disclose crypto holdings exceeding 50,000 euros (about $55,000) held on foreign platforms for tax purposes starting January...
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MAS Director mislabels Bitcoin a ‘private cryptocurrency’ stating it has ‘failed the test of money’
At the recent GDEC 2023 conference, Ravi Menon, Managing Director of the Monetary Authority of Singapore (MAS), critiqued Bitcoin and similar...
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Hong Kong to retain grace period for crypto firms despite recent scandals
Hong Kong’s financial regulators have decided to retain the grace period for crypto firms despite the city grappling with major fraud...
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Singapore MAS tokenization standards require overhaul to realize innovation potential – Ralf Kubli Interview
The Monetary Authority of Singapore’s (MAS) Project Guardian has been making waves in recent months for its progressive approach to digital...
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Lightning Network app Wallet of Satoshi ends support for U.S. customers
Wallet of Satoshi, a popular wallet for use with with Bitcoin’s Lightning Network, announced the end of U.S. support on Nov. 24 . The...
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European Central Bank president says her son lost 60% of his investments trading crypto
European Central Bank President Christine Lagarde revealed that her son lost money investing in cryptocurrency, according to Reuters on Nov. 24...
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UK approves tokenization of FCA-authorized investment funds
The U.K. has officially greenlit a project that will allow authorized funds to develop tokenization in the investment sector in an effort to boost...
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Singapore further tightens crypto regulations to protect retail investors from speculative risks
The Monetary Authority of Singapore (MAS) has unveiled expanded regulations to safeguard retail crypto users from potential risks within the...
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Grayscale files updated Bitcoin ETF prospectus days after talks with U.S. SEC
Grayscale submitted an updated filing for its pending spot Bitcoin ETF to the U.S. Securities and Exchange Commission (SEC) on Nov. 22 . The...
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U.S. Treasury calls $3.4B Binance resolution FinCEN’s largest settlement in history
The U.S. Department of the Treasury published its comments on settlements with Binance and related parties in a statement on Nov. 21 ....
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Hester Peirce says SEC shouldn’t block spot Bitcoin ETFs, speaks on Binance resolution
Commissioner Hester Peirce of the U.S. Securities and Exchange Commission (SEC) commented on pending spot Bitcoin ETFs to Bloomberg on Nov. 22...
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Ripple CLO optimistic following Binance settlement, lambasts SEC’s ‘juvenile behavior’
Ripple Chief Legal Officer Stuart Alderoty believes the recent resolution of anti-money laundering violations by Binance via a settlement with...
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Coinbase champions regulatory compliance amid Binance woes – calls for clearer U.S. regulations
Coinbase CEO Brian Armstrong has touted his exchange’s compliance-first approach following the issues that bedeviled rival Binance. In...
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Binance’s new chapter begins with hefty fines and compliance commitments
Binance issued a statement on Nov. 21 regarding its resolution of investigations from the U.S. Department of Justice (DOJ) and other agencies....
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WSJ reports CZ stepping down as BNB token whipsaws with Binance near DOJ settlement deal
Binance CEO Changpeng Zhao has reportedly pled guilty to violating U.S. anti-money laundering requirements and will step down from his role at the...