CryptoNews

Paypal Achieves FCA Registration in the UK, Paving the Way for Crypto Services Resumption in 2024 – Bitcoin News

November 2, 2023
The payments giant Paypal has successfully achieved registration with the Financial Conduct Authority (FCA) in the United Kingdom, a fact verified by the FCA’s website on October 31. This move comes shortly after Paypal’s temporary cessation of crypto purchases within the U.K., although the company pledged to reinstate these services at the start of 2024. FCA Greenlights Paypal to Engage in…
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CryptoNews

Crypto Exchange Wants to See India Lower Tax on Trading – Taxes Bitcoin News

October 30, 2023
Indian government should lower a tax on crypto transactions as it’s not fulfilling its stated purpose, a local cryptocurrency exchange said. The company blames the levy, which was introduced last year, for driving Indian crypto trading volumes to overseas platforms. Indian Exchange Expects Government to Reduce Crypto Tax Burden Authorities in New Delhi imposed a 1% tax deducted at source (TDS)…
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CryptoNews

Vaneck Charts the Course of Solana’s Future With 2030 Valuation Study – Altcoins Bitcoin News

October 30, 2023
Vaneck, a leading digital asset manager, has recently unveiled a study on the network Solana, providing a wide spectrum of SOL valuation scenarios for the year 2030. Authored by Patrick Bush, the senior investment analyst, of digital assets, and Matthew Sigel, the head of digital assets research, the report dives deep into Solana’s potential, presenting a balanced view from base-case to bearish…
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CryptoNews

North America Is Largest Crypto Market Despite Regulatory Uncertainty, Chainalysis Reports – Bitcoin News

October 26, 2023
North America leads in terms of cryptocurrency usage despite the ongoing regulatory uncertainty, blockchain forensics firm Chainalysis revealed. Meanwhile, stablecoin-related activity has been decreasing with users shifting away from U.S.-based services. The region’s share in decentralized finance (defi) usage has declined as well. Institutional Crypto Activity Plays Bigger Role in North America…
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