By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The country’s tax authority is consulting the public on new rules it said are aimed at reducing the burden on crypto users.Publish at: May 02, 2023 at 11:47AM
UK Crypto Tax Advisors Welcome Proposed Changes to DeFi Lending, Staking Treatment
3AC Founders’ OPNX Exchange Formally Reprimanded by Dubai Crypto Regulator
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The action by the Virtual Assets Regulation Authority targeting Kyle Davies, Su Zhu and others follows two cease-and-desist letters for operating an unregulated exchange.Publish at: May 02, 2023 at 11:12AM
‘Bitcoin Request for Comment’ Tokens Surge to $137M in Market Value
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The BRC-20 standard sounds like the popular ERC-20, but the two are different, with the former lacking the ability to interact with smart contracts.Publish at: May 02, 2023 at 08:47AM
Celsius Seeks to Merge UK, U.S. Entities Amid Allegations Distinction Was a ‘Sham’
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Resolving the company’s murky corporate design could prove key to recoveries for customers and Series B investors.Publish at: May 02, 2023 at 08:36AM
First Mover Asia: Bitcoin Market Cap Is Surging, but a Retreat From $30K Continues
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data PLUS: Western crypto innovators with great ideas are eying the East for tech-embracing governments and fresh opportunities. A West-East partnership may be crypto’s model for the future, the co-founder of Taipei-based Woo Network, Jack Tan, writes.Publish at: May 02, 2023 at 12:49AM
Bitcoin Drops Below $28K; JPMorgan Takes Over Embattled First Republic Bank
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data BTC’s price had dropped from well above $29,000 since Sunday evening. Investors await Wednesday’s FOMC decision.Publish at: May 01, 2023 at 10:39PM
Michael Saylor’s MicroStrategy Books a Much Smaller Bitcoin Impairment Charge
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Amid BTC’s big rally, the company’s impairment loss narrowed to $18.9 million in the first quarter from $197.6 million in the fourth quarter.Publish at: May 01, 2023 at 09:53PM
Crypto Exchange Poloniex Agrees to $7.6M Fee to Settle Sanctions Violation Charges
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Crypto exchange Poloniex will remit $7.59 million to settle sanctions violations allegations with the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC), the sanctions watchdog announced Monday.Publish at: May 01, 2023 at 07:22PM
Bitcoin Set New Record of Daily Transactions the Same Day the U.S. Government Quietly Engineered a Bank Buyout
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Publish at: May 01, 2023 at 06:17PM
Sotheby’s Launches On-Chain Secondary NFT Marketplace
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Sotheby’s Metaverse will now offer fully on-chain secondary transactions via Ethereum and Polygon.Publish at: May 01, 2023 at 05:16PM