The Russian tax agency, the Federal Tax Service (FTS), has unveiled a tax calculator tool for crypto miners operating in the nation. Per a report from the Russian state-run news agency TASS, the FTS has also “posted information” on crypto “exchange” rates for taxpayers. Russian Crypto Miners: Ready to Pay Taxes? The FTS tool lets […]
Moscow Releases Tax Calculator for Russian Crypto Miners Read More »
Key Takeaways: Over half of Singapore’s crypto owners use digital currencies for regular purchases. Gen Z and millennials lead adoption with 40% ownership and frequent retail use. Companies like Sony now accept crypto payments despite ongoing user challenges. Cryptocurrency is becoming a practical payment method in Singapore, driven by tech-savvy youth and increasing transaction volumes.
52% of Crypto Holders in Singapore Use It for Payments of Goods and Services: Reports Read More »
Frank Spiteri, Head of Asset Management at CoinShares, has departed the company, according to sources familiar with the matter. Spiteri, a seasoned executive in the digital asset investment space, played a key role in expanding CoinShares’ institutional product offerings and helping position the firm as one of Europe’s leading digital asset managers. His departure marks
Coinshares Head of Asset Management Frank Spiteri Departs: Sources Read More »
Authorities in Australia have taken action against a major network of fraudulent companies linked to crypto investment and romance scams, shutting down 95 firms believed to be operating under false pretenses. In an April 8 statement, the Australian Securities and Investments Commission (ASIC) announced that the Federal Court had approved its application to wind up
Australia Shuts Down 95 Firms Linked to Crypto Investment and Romance Scams Read More »
Crypto financial services firm Galaxy Digital is preparing to list on the Nasdaq after receiving approval from the US Securities and Exchange Commission, the company said Monday. The move marks a key milestone for billionaire Michael Novogratz’s firm as it pushes deeper into the US financial markets. Galaxy, which is currently listed in Canada, expects
Galaxy Digital Prepares for Nasdaq Listing Following SEC Clearance Read More »
Key Takeaways: The sector saw outflows amounting to $240 million, primarily driven by Bitcoin, which alone experienced $207 million in outflows. Ethereum faced outflows of $37.7 million, while Solana and Sui recorded outflows of $1.8 million and $4.7 million, respectively. The United States and Germany led the outflows with $210 million and $17.7 million, respectively.
Crypto ETPs See Outflows of $240M After US Trade Tariff News: CoinShares Read More »
Key Takeaways: Tokenized real-world assets are projected to surge from $0.6 trillion to $18.9 trillion by 2033. The report was a collaboration between Ripple and Boston Consulting Group (BCG). This surge reflects a fundamental transformation of global financial infrastructure. Growth is driven by regulatory clarity, mature technology, and institutional momentum. A Ripple report released on
Tokenized Assets to Surge to $19 Trillion by 2033: Ripple Report Read More »
The Russian Central Bank Governor Elvira Nabiullina has doubled down on recent calls to ban crypto, telling lawmakers that traders should face “stricter punishments.” Nabiullina last month said that she wants to “ban settlements made in cryptocurrencies between residents” outside the “experimental legal regime,” a Central Bank-run sandbox. Russian Central Bank: Crypto Must Be Kept
Russian Central Bank Chief Wants Crypto Traders to Face ‘Harsher Punishments’ Read More »
Key Takeaways: In a striking shift, 60% of Polymarket bettors now predict a 2025 recession—a nine-point jump in just 24 hours—immediately following Trump’s dramatic unveiling of sweeping global tariffs. While the Dow cratered nearly 3,700 points in two days amid tariff panic, Bitcoin bucked the trend, climbing to over $84K—a potential signal of investor flight
Polymarket Bettors’ Recession Odds Surge Over 50% Amid Brutal 2 Day Market Decline Read More »
The global artificial intelligence (AI) market size is projected to grow from $214.6 billion (in 2024) to $1,339.1 billion by 2030, representing a 35.7% compound annual growth rate. Source: MarketsandMarkets While notable, a number of concerns are being raised about AI’s impact on the job market. For example, AI is capable of writing code, leaving
AI Won’t Replace Crypto Developers Anytime Soon Says Industry Experts Read More »
