Category: Fiat

South Korea Tightens Grip: Crypto Management System Targets Tax Evasion

South Korea, a nation that has historically exhibited a complex relationship with cryptocurrencies, is taking a proactive stance against tax evasion in the digital asset space. The country’s National Tax Service is spearheading the development of a crypto-focused asset management system, slated for completion by 2025. This system signifies a significant step towards increased scrutiny […]

Coinbase Champions Grayscale’s Ethereum ETF Push in SEC Meeting

Coinbase, the leading American cryptocurrency exchange, recently met with the Securities and Exchange Commission (SEC) to advocate for Grayscale‘s proposed spot Ethereum (ETH) exchange-traded fund (ETF). This development follows Grayscale, a major crypto fund manager, applying in October to convert its existing Grayscale Ethereum Trust (ETHE) into a spot ETF. This shift would be a […]

Aevo Leads with Pre-Market Token Trading

Aevo, a derivatives exchange renowned for its innovative approach in the crypto derivatives space, has announced the pre-market trading of its forthcoming token, scheduled for an airdrop on March 13th. This initiative sets Aevo apart in the cryptocurrency landscape, particularly for an exchange to offer pre-market trading for its token, marking a potentially pioneering moment […]

FBTC’s Record Inflows Eclipse BlackRock’s IBIT

Fidelity’s FBTC spot bitcoin exchange-traded fund made headlines on Thursday with a staggering $473.4 million in daily inflows, nearly doubling BlackRock’s IBIT ETF’s $244.2 million. This significant achievement not only highlighted FBTC’s growing dominance in the ETF space but also marked a 17% increase over its previous record of $404.6 million set just earlier in […]

Unveiling Musk’s Bitcoin Treasure: Tesla and SpaceX

On-chain sleuths have recently unveiled wallets believed to belong to Elon Musk‘s corporate giants, Tesla and SpaceX, which are reported to collectively hold an astonishing sum of over a billion dollars in Bitcoin (BTC). This revelation comes from a detailed investigation conducted by Arkham Intelligence, which has meticulously traced the Bitcoin transaction history of both […]