Regulation
Canada gives crypto companies 30 days to meet updated registration guidelines
Cryptocurrency companies in Canada have 30 days to meet updated crypto registration guidelines released on Wednesday or risk losing their users.
Dylan Butts
Lens
Cryptocurrency Trading
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Regulation
China should reconsider its ban on cryptocurrencies, says former central bank official
China's blanket ban on cryptocurrency trading can have the country miss critical opportunities for technological development, says former PBOC official.
Tom Zuo
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Bitcoin News
Weekly Market Wrap: Bitcoin rebounds above $23,000. Can it maintain momentum?
Bitcoin this week broke through the US$23,000 price ceiling for the first time since Aug. 2022. Can the benchmark cryptocurrency maintain its momentum? Industry commentators share their views with Forkast on what the market is telling investors and the signals from the U.S. Federal Reserve on interest rates.
Zoltan Vardai
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Regulation
India’s CoinDCX exchange says crypto tax rules are reducing government revenue
India announces its full year budget on Feb. 1, the last before general elections in 2024, and the cryptocurrency and digital asset industry is lobbying the government for changes in tax rules, among others.
Pradipta Mukherjee
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Bitcoin News
Coinbase asks Japan customers to withdraw holdings as it halts operations
Coinbase Global Inc., the world’s second largest cryptocurrency exchange by trade volume, has asked customers in Japan to withdraw crypto and fiat holdings by Feb. 16, as it halts operations “to conduct a complete review” of its business in the country.
Pradipta Mukherjee
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Bitcoin News
Weekly Market Wrap: Bitcoin rebounds above US$18,000, Ether gains over 13%
Bitcoin rallied above the US$18,000 mark for the first time in nearly a month. Is this the start of a bull run or just another relief rally on the back of easing inflation pressure?
Zoltan Vardai
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Crypto Trading and Strategies
India’s WazirX crypto exchange releases proof of reserves, says 90% of user assets in Binance wallets
Some 90% of user assets at WazirX, India’s largest crypto exchange by volume, are held in wallets at Binance while the remaining 10% are stored in hot and warm wallets, revealed WazirX’s proof of reserves that the company released on Wednesday.
Pradipta Mukherjee
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Regulation
Indonesia to set up crypto stock exchange this year: report
Indonesia plans to set up a crypto stock exchange in 2023, ahead of moving regulatory powers to securities authorities from a commodities jurisdiction.
Pradipta Mukherjee
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Altcoins
Markets: Bitcoin, Ether inch up, XRP leads gains in top 10 cryptos
Bitcoin and Ethereum prices inched up in Tuesday afternoon trading in Asia, along with most other top 10 non-stablecoin cryptocurrencies by market capitalization. XRP led gains at 3.22%, followed by Polygon at 1.76% and Litecoin at 1.74%.
Pradipta Mukherjee
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Bitcoin News
Digital Currency Group seeks to calm investors over Genesis loans: reports
Barry Silbert of DCG disclosed his company owes a US$575 million loan and a US$1.1 billion promissory note to its subsidiary Genesis Global Capital.
Megha Chaddah
