CryptoNews

Blackrock Warns of Rising Crypto Investment Scams

July 30, 2024
Blackrock, the world’s largest asset manager with $10.5 trillion in assets under management, has warned about cryptocurrency scams. The firm urged caution when dealing with individuals, websites, or social media platforms using its brand to offer training or investments. Blackrock noted a spike in scams directing users to crypto investment-related websites or platforms like Whatsapp and…
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Ripple CEO: Kamala Harris Could Reset US Crypto Regulation

July 26, 2024
Ripple CEO Brad Garlinghouse believes that U.S. Vice President Kamala Harris “has an incredible opportunity to provide a reset on critical issues for U.S. competitiveness (like crypto regulation).” He noted that she is no stranger to Silicon Valley. Moreover, he…
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UK Regulator Fines Coinbase's CB Payments $4.5 Million for Serving High-Risk Customers

July 26, 2024
The UK Financial Conduct Authority (FCA) has fined Coinbase’s payments arm, CB Payments Limited, £3,503,546 for breaching compliance rules by serving high-risk customers despite restrictions. The regulator explained that this marks the FCA’s first enforcement action against a firm facilitating cryptoasset trading. The violations involved significant transactions undetected for almost two…
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2025 EU Crypto Landscape: MiCAR, TRF, and DORA Explained

July 25, 2024
As the European Union strides towards comprehensive crypto regulation, MiCAR stands out as a cornerstone of this new landscape. However, the true impact of MiCAR, alongside other critical regulations like the Transfer of Funds Regulation (TRF) and the Digital Operational…
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US Ethereum ETFs Hold $10.24B in Reserves Following $106M in Inflows

July 25, 2024
Based on the recent data, the nine newly introduced ethereum exchange-traded funds (ETFs) saw $106.78 million in inflows on Tuesday. Blackrock took the lead with $266.55 million in trading volume throughout the day. Blackrock Dominates Inflows as Nearly Half a Billion Exits ETHE The newly introduced ethereum ETFs performed admirably on Tuesday, registering their first day of gains. Over the course…
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India Maintains Crypto Tax Regulations in 2024/25 Budget Taxes

July 24, 2024
Indian Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget keeps the existing cryptocurrency tax regulations unchanged, disappointing local crypto advocates. They argue that reducing the 1% tax deducted at source (TDS) is essential for reviving the struggling crypto…
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Bitwise Reveals ENS Subnames for Ethereum ETF Reserve Wallets

July 24, 2024
On Tuesday, Bitwise Investments disclosed a collection of Ethereum Name Service (ENS) subnames for its ethereum reserve holding wallets. Bitwise emphasized that this level of transparency is unique to cryptocurrency, allowing the public to easily verify the firm’s net assets. Bitwise Leads in Transparency by Publishing Ethereum ETF Addresses At 7:50 a.m. EDT on Tuesday, a little more than an…
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