Cryptocurrency news
European regulator releases consultative paper on MiCA standards for crypto asset service providers
The European Securities and Markets Authority will release three consultations as it fulfills its mandate under MiCA regulations. The European Securities and Markets Authority (ESMA), the European Union’s markets regulator, released a consultative paper on Markets in Crypto-Asse...
Fighting fraud and unlocking new Web3 horizons with Concordium — AMA recap
“ID is at the core of every activity so it's better to anticipate regulatory changes and build a compliant infrastructure from the start” — Lars Seier Christensen, founder of Concordium "To achieve true mass adoption, you need to reconcile TradFi and DeFi, which I find increasin...
Bitcoin on $3K discount at Binance.US, but there’s a catch
Bitcoin is selling for just over $27,500 on Binance.US, a nearly $3,000 discount from global spot prices. Bitcoin BTC $30,070 is selling for a nearly $3,000 discount on Binance.US, providing a significantly better rate than global spot prices — but there’s just one catch. On...
Vitalik Buterin says Ordinals have revived ‘builder culture’ on Bitcoin
The Ethereum co-founder said new developments on Bitcoin provide "good" pushback against “laser-eye” maximalists. The advent of Bitcoin BTC $30,129 Ordinals signals the “organic return of builder culture” to the network, according to Ethereum co-founder Vitalik Buterin. Buteri...
Bill to exempt foreigners from crypto taxes passes preliminary reading in Israel
The bill would also level up crypto bonuses with employee stock options by reducing the current 50% tax to 25%. Foreign residents of Israel could get an exemption from capital gains taxes on the sale of digital currencies. A bill granting the exemption and other tax benefits for...
Taiwan Notes Rise in Bitcoin, Ethereum Use in Bribery Cases
Bitcoin (BTC) and Ethereum (ETH)-powered “bribery” cases are on the rise in Taiwan, the nation’s justice ministry has claimed. Per the China Times, the ministry warned that cash is no longer the only currency used in corruption cases. The ministry said that BTC, ETH, and other...
Bitcoin remains ‘primary focus’ for investors amid year highs: CoinShares
Bitcoin investment products have experienced $310.6 million in inflows over the last two weeks. Bitcoin (BTC) has been the “primary focus” for institutional investors over the last two weeks, according to Coinshares, as the cryptocurrency continues to hit new prihighs for 2023....
Elon Musk imposes ‘rate limit’ on Twitter, citing extreme ‘system manipulation’
Verified Twitter users will be allowed to view 10,000 posts daily, while new, unverified accounts will get 500 under the new limits. Social media platform Twitter is temporarily limiting the number of posts users will be allowed to read daily after seeing “extreme levels of data...
US senator pushes tech companies to label AI-generated content
United States Senator Michael Bennet wrote a letter to major tech companies, including OpenAI and Google, to urge the labeling of AI-generated content. United States Senator Michael Bennet has urged tech companies to label AI-generated content and monitor any misleading content...
Italy’s central bank calls for framework to prevent stablecoin runs
Bank of Italy is calling for closer regulator scrutiny of stablecoins, which they say “have not proved stable at all.” Italy’s top banking authority has called for a “robust, risk-based” regulatory framework for stablecoins, which could help prevent a worst case scenario — a “ru...