The Indian government has introduced new crypto tax penalties, including for non-payment of crypto tax deducted at source (TDS). Much to the disappointment of the crypto community, Finance Minister Nirmala Sitharaman did not mention crypto in her Budget speech this year. Crypto income remains taxed at 30% while TDS stays…

Non-fungible token (NFT) sales increased 41.96% from the previous month, according to data recorded on Feb. 1, 2023. NFT sales reached nearly $1 billion in 30 days, with an approximate total of $997.53 million. Additionally, the number of digital collectible transactions rose more than 22% in the past month. Bored…

According to research from Recap, a cryptocurrency tax software company, London has become the world’s leading hub for cryptocurrencies. The researchers analyzed eight indicators, including the number of cryptocurrency businesses and the quantity of cryptocurrency ATMs in each country. Key Findings of Recap’s Study on Global Cryptocurrency Hubs Crypto tax…

The U.K. has unveiled “ambitious plans” to “robustly regulate” various crypto activities, while seeking to protect customers and grow its economy. In the next three months, British authorities will accept public feedback on the new regulatory proposals designed to govern digital assets like traditional finance. British Government Sets Out to…

The U.S. Federal Reserve raised its benchmark federal funds rate by 0.25% on Wednesday after markets priced in near 100% certainty the Federal Open Market Committee (FOMC) would codify the quarter-point increase. The FOMC statement further detailed that ongoing rate increases are anticipated to bring inflation down to the target…

In an effort to lead the industry in trust and transparency on our mission to accelerate the adoption of cryptocurrency, we are excited to release our 2022 Transparency Report. The 2022 Transparency Report provides a summary of how we protect our clients’ privacy and financial… The post Announcing the 2022…

We’re thrilled to announce that we have added seven new NFT collections to Kraken NFT for our current beta testers to explore, collect and trade.  After revealing dozens of NFT collections over the past few weeks, we carefully selected these new collections so you can… The post White Hearts, Wolf…

Life is full of tradeoffs.  Oftentimes, maximizing one outcome can only be achieved by sacrificing another. Sometimes these tradeoffs are not exactly 1:1 tradeoffs, but part of a more complex relationship. What are some examples of a trilemma? Realtors might say: big house, great location,… The post Crypto 101: What…

We’re thrilled to announce that we have added nine new NFT collections to Kraken NFT for our current beta testers to explore, collect and trade.  After revealing dozens of NFT collections over the past few weeks, we carefully selected these new collections so you can… The post Scottie Pippen SP33,…

We’re thrilled to announce that we have added eight new NFT collections to Kraken NFT for our current beta testers to explore, collect and trade.  After revealing dozens of NFT collections over the past few weeks, we carefully selected these new collections so you can… The post KPR, Lil Pudgys,…

Munger is advocating for a ban on Bitcoin and other cryptocurrencies, arguing that the recent proliferation of privately issued cryptocurrencies has led to a gap in regulation and a disregard for consumer protection

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Eventus, a provider of multi-asset class trade surveillance and market risk solutions, announced today that cryptocurrency derivatives exchange Deribit has chosen the firm’s Validus platform to provide market abuse monitoring on the exchange. Headquartered in Panama City, Panama, Deribit is one of the largest cryptocurrency options exchanges by volume and…

Gemini, the popular bitcoin & crypto exchange company, today announced the launch of electronic over-the-counter trading (eOTC), an automated crypto trading solution designed for institutions. The Gemini eOTC solution offers a variety of advantages to institutional traders including: Competitive Pricing & Execution: Liquidity is sourced from top-tier liquidity providers with…

GenTwo Digital, the crypto-asset securitization platform based out of Crypto Valley in Zug, Switzerland, today announced a partnership with Coinbase, the publicly-listed cryptocurrency platform. This new partnership for GenTwo Digital allows all Coinbase crypto assets to be wrapped in bankable financial investment products and enables financial intermediaries to issue certificates…

ThunderCore, a leading blockchain & web3 ecosystem announced today that they are making a new development push, partnering with new validators as the chain rolls out its new crypto staking model. The newest ThunderCore validators include the famous crypto-asset exchange Huobi and one of the earliest staking platforms in the…

Pods, creators of a DeFi platform, announced today that earlier this year, the team raised $5.6M in seed funding to create structured products for crypto-assets. The financing featured investors such as IOSG, Tomahawk, Republic, Framework Ventures, and more. The first strategy on Pods Yield is stETHvv (Ethereum Volatility Vault). stETHvv…