SEC Delays Decision on Ethereum ETFs Once Again

by Александр Пирогов | May 7, 2024 | Blog News

The U.S. Securities and Exchange Commission (SEC) has announced yet another postponement in its decision-making process regarding the approval of Ethereum exchange-traded funds (ETFs). Following the successful introduction of Bitcoin ETFs earlier this year, market...

New Bitcoin Rival Mollars Gains Traction Ahead of Exchange Listing

by Александр Пирогов | May 7, 2024 | Blog News

Mollars (MOLLARS), the latest contender in the crypto arena positioning itself as a store-of-value asset, is swiftly gaining momentum ahead of its official listing on public crypto exchanges. The anticipation surrounding its launch is palpable, with LBank becoming the...

Australian Tax Office Cracks Down on Crypto Tax Evasion

by Александр Пирогов | May 7, 2024 | Blog News

In a bid to tackle potential tax evasion in the burgeoning crypto space, the Australian Tax Office (ATO) has launched a crackdown demanding annual transaction details from crypto exchanges. This move aims to ensure investors accurately report their crypto gains and...

Philippines SEC to Introduce Crypto Regulation; Urges Removal of Binance Apps

by Александр Пирогов | May 7, 2024 | Blog News

Emilio B. Aquino, chairperson of the Securities and Exchange Commission (SEC) in the Philippines, has unveiled plans to introduce a regulatory framework for cryptocurrency assets and trading in the latter half of 2024. This initiative aims to protect the interests of...

ATO Cracks Down on Crypto: 1.2 Million Accounts Under Scrutiny

by Александр Пирогов | May 7, 2024 | Blog News

In a bold move to tackle tax evasion in the booming crypto space, the Australian Taxation Office (ATO) has set its sights on approximately 1.2 million crypto accounts. As interest in cryptocurrencies skyrockets, so does the ATO’s determination to ensure...

Coinbase Faces Class-Action Lawsuit Over Alleged Securities Law Violations

by Александр Пирогов | May 6, 2024 | Blog News

Coinbase is facing a new legal challenge as customers filed a class-action lawsuit accusing its subsidiaries, Coinbase Global and Coinbase Asset Management, of repeatedly violating securities laws since the exchange’s inception. The lawsuit highlights...