Crypto Currency

Crypto Tax Myth Busted: No, MetaMask Won’t Hold Your Funds for Taxes

ConsenSys, the creators of the well-known MetaMask web-based cryptocurrency wallet, have responded to misleading tweets that contain inaccurate information about ConsenSys’ terms of service. They want to clarify that MetaMask does not gather taxes on cryptocurrency transactions, and they haven’t implemented any modifications to their terms to enable such actions…

Published 3 years ago in
Crypto Tax Myth Busted: No, MetaMask Won’t Hold Your Funds for Taxes

ConsenSys, the creators of the well-known MetaMask web-based cryptocurrency wallet, have responded to misleading tweets that contain inaccurate information about ConsenSys’ terms of service. They want to clarify that MetaMask does not gather taxes on cryptocurrency transactions, and they haven’t implemented any modifications to their terms to enable such actions…
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Crypto Currency

Knaken Crypto Exchange Declared Bankrupt After €7 Million Customer Fund Shortfall

Knaken, a Dutch cryptocurrency exchange, has filed for bankruptcy after a court in Rotterdam declared that the firm could not repay an enormous amount of funds to its customers. This comes after an investigation by the prosecutors found that about €7 million worth of customers’ funds were missing…

Published 5 hours ago in
Knaken Crypto Exchange Declared Bankrupt After €7 Million Customer Fund Shortfall

Knaken, a Dutch cryptocurrency exchange, has filed for bankruptcy after a court in Rotterdam declared that the firm could not repay an enormous amount of funds to its customers. This comes after an investigation by the prosecutors found that about €7 million worth of customers’ funds were missing…
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Crypto Currency

From Bitcoin trading to financial super apps: what nine years of Binance reveal about crypto exchange evolution

Nine years later, Binance serves more than 316 million users across trading, payments, savings, tokenized securities, and traditional asset access. Its evolution from a spot cryptocurrency exchange into an integrated financial platform closely mirrors the broader maturation of the centralized exchange industry itself. A recent CoinDesk Research case study traces that transformation through five distinct phases…

Published 5 hours ago in
From Bitcoin trading to financial super apps: what nine years of Binance reveal about crypto exchange evolution

Nine years later, Binance serves more than 316 million users across trading, payments, savings, tokenized securities, and traditional asset access. Its evolution from a spot cryptocurrency exchange into an integrated financial platform closely mirrors the broader maturation of the centralized exchange industry itself. A recent CoinDesk Research case study traces that transformation through five distinct phases…
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Crypto Currency

Federal Reserve Moves to Close Stablecoin Loopholes With New Customer ID Rules

Bitcoin Magazine Federal Reserve Moves to Close Stablecoin Loopholes With New Customer ID Rules The Federal Reserve proposed requiring stablecoin issuers to verify customer identities before account opening or direct token redemption, extending bank-style anti-money laundering standards to stablecoins. This post Federal Reserve Moves to Close Stablecoin Loopholes With New Customer ID Rules first appeared

Published 6 hours ago in
Federal Reserve Moves to Close Stablecoin Loopholes With New Customer ID Rules

Bitcoin Magazine

Federal Reserve Moves to Close Stablecoin Loopholes With New Customer ID Rules
The Federal Reserve proposed requiring stablecoin issuers to verify customer identities before account opening or direct token redemption, extending bank-style anti-money laundering standards to stablecoins.
This post Federal Reserve Moves to Close Stablecoin Loopholes With New Customer ID Rules first appeared on Bitcoin Magazine and is written by Micah Zimmerman…
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Crypto Currency

CME Group to Sue CFTC Over Bitcoin Perpetual Futures Approval in Clash Over Dodd-Frank Classification

Bitcoin Magazine CME Group to Sue CFTC Over Bitcoin Perpetual Futures Approval in Clash Over Dodd-Frank Classification CME Group plans to sue the CFTC over its approval of bitcoin perpetual futures, arguing the contracts are swaps — not futures — under Dodd-Frank. This post CME Group to Sue CFTC Over Bitcoin Perpetual Futures Approval in

Published 6 hours ago in

Bitcoin Magazine

CME Group to Sue CFTC Over Bitcoin Perpetual Futures Approval in Clash Over Dodd-Frank Classification
CME Group plans to sue the CFTC over its approval of bitcoin perpetual futures, arguing the contracts are swaps — not futures — under Dodd-Frank.
This post CME Group to Sue CFTC Over Bitcoin Perpetual Futures Approval in Clash Over Dodd-Frank Classification first appeared on Bitcoin Magazine and is written by Micah Zimmerman…
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