Regulation
Norway considers banning Bitcoin mining while Laos embraces it
The Scandinavian country is concerned with potential environmental harm, while the debt-laden SE Asia nation seeks to regulate.
Timmy Shen
Lens
Cryptocurrency Trading
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Regulation
Indonesia’s top Islamic council says crypto use is forbidden for Muslims: report
The religious body’s decision comes after the country saw crypto transaction growth earlier this year.
Timmy Shen
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Regulation
Taxing crypto, but not BTS NFTs? Virtual asset tax debate continues in South Korea
The South Korean government pushes forward its plan to tax crypto income beginning in January while investors and lawmakers criticize the pending tax law for its loopholes, with one lawmaker mentioning NFT goods of K-pop mega-group BTS. Fast facts The National Tax Service (NTS) of Korea met with 28 domestic cryptocurrency exchanges earlier this week […]
Danny Park
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Regulation
Trick of the trade: Is SEC helping or reining in Bitcoin with ETF?
Top blockchain and cryptocurrency news: Bitcoin grows up. Facebook’s metaverse journey. China’s crypto investors find a workaround.
Forkast.News
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Crypto Trading and Strategies
Crypto trading platform Bakkt goes public
U.S.-based Bakkt, a cryptocurrency custodian and trading platform, went public Monday on the New York Stock Exchange after an announcement by Intercontinental Exchange, or ICE, which owns Bakkt and the NYSE. Fast facts Unlike its competitor Coinbase, which chose a direct listing on Nasdaq, Bakkt is going public by merging with a special-purpose acquisition company, […]
Monika Ghosh
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Regulation
20% crypto tax is critical issue in next South Korea presidential election
Candidates and possible contenders in South Korea’s next presidential election call for delaying a plan to tax virtual assets — currently scheduled to begin in January — in a bid to appeal to millennial and Generation Z voters. Fast facts Lawmakers from both the ruling democratic party and the opposition party have spoken out against […]
Danny Park
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Crypto Trading and Strategies
A crypto-trading hamster is outrunning Warren Buffett
Although scarcely the size of a human palm, Mr. Goxx is earning big returns in the virtual currency market, raking in a 16% return as of Tuesday.
Monika Ghosh
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Regulation
Unmade in China: Beijing’s crypto cold war turns hot
Top blockchain and cryptocurrency news: Beijing's crypto crusade comes to a head. Chinese mining caves in. Mr. Goxx reaps robust returns.
Forkast.News
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Regulation
CFTC slaps $1.25M fine on crypto exchange Kraken for illegal offerings
The U.S. Commodity Futures Trading Commission has slapped a US$1.25 million fine on Kraken, one of the largest cryptocurrency exchanges in the U.S., for Commodity Exchange Act (CEA) violations, the CFTC announced yesterday. Fast facts The CFTC, in its settlement with Payward Ventures Inc., the San Francisco-based company doing business under the name Kraken, said […]
Monika Ghosh
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Regulation
Ban or no ban, Indian crypto industry is thriving
India's crypto industry will grow over 200% to reach $241M by 2030, a new study says.
Monika Ghosh
