Tags : Exchange

Cryptocurrency

Ethereum exchange flow is falling, what does this mean?

Data compiled by Chinese journalist Colin Wu shows a sharp drop over the weekend in Ethereum reserves held on exchange wallets. The trend has continued downwards over the course of this week, leading some to ask, what is going on with the second largest cryptocurrency? Source: Twitter.com What is signaled by dwindling Ethereum exchange reserves? […]Read More

Bitcoin

A Bitcoin ETF is now trading on the Brazilian stock

Today saw the commencement of the trading activity for QR Capital Bitcoin exchange-traded fund (ETF) on the Brazilian Stock Exchange, reports showed. ETFs are regulated and publicly traded financial instruments that track the prices of an underlying asset or basket of assets. Such products pegged to Bitcoin have been introduced in several markets over the […]Read More

Bitcoin

Dutch Bitcoin exchange fends off Central Bank’s verification demands for

Netherlands-based crypto exchange Bitonic today announced that a recent court order has convinced the Dutch Central Bank (DNB) to withdraw its demands for “unlawful and onerous” user verification requirements such as mandatory wallet screenshots. “After reconsideration, DNB comes to the conclusion that this interpretation of Article 2, second paragraph, RtSw, given by DNB, does not […]Read More

Bitcoin

Bitcoin exchange Kraken to probe user accounts after U.S. court

The U.S. Internal Revenue Services, the country’s main body responsible for collecting taxes and administering the Internal Revenue Code, will probe users of crypto exchange Kraken after a court order, news outlet Reuters said this morning. The taxman comes for crypto: DOJ says a federal court has authorized the IRS to serve a John Doe […]Read More

Bitcoin

Korean tax officers seize $22M in crypto directly from exchange

South Korea’s Seoul metropolitan government has seized 25 billion won ($22 million) worth of crypto from tax evaders—directly out of their exchange accounts, local news outlet Yonhap reported yesterday. Per the publication, tax officers discovered digital assets belonging to 1,566 individuals and heads of various companies—referred to as “top tax delinquents”—across three cryptocurrency exchanges. The […]Read More

Litecoin

A ‘physical’ Litecoin ETF is coming to Germany’s Xetra exchange

ETC Group, a specialist provider of cryptocurrency-backed securities, said it would list the Physical Litecoin exchange-traded product (ELTC) on Deutsche Boerse’s XETRA on Wednesday, as per a release. It follows on the success of the Group’s Bitcoin product (BTCE), which reached over $1 billion in assets in just seven months since listing, proving the growing […]Read More

Regulation

Why did South Korea just say ‘no’ to a Bitcoin

Why did South Korea just say ‘no’ to a Bitcoin ETF listing on its stock exchange? Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest A Korean crypto company had ambitious plans to launch a Bitcoin exchange-traded fund (ETF) in the crypto-frenzied market last week. But the […]Read More

Regulation

IRS gets access to crypto exchange Circle’s user data, targets

Shortly after getting a court authorization to obtain records of cryptocurrency exchange Circle’s customers, the US Internal Revenue Service (IRS) is now seeking to get access to similar data from trading platform Kraken. “Those who transact with cryptocurrency must meet their tax obligations like any other taxpayer,” said acting assistant attorney general David Hubbert of […]Read More

Bitcoin

Father And Son Duo Exchange Blows Publicly Over Bitcoin Bet

Bitcoin and the asset class of cryptocurrencies, despite increased acceptance and adoption, are a polarizing subject. These technologies are either lauded as the future of finance, while others call it a bubble, a Ponzi scheme, and much worse. A recent battle between a well-known father and son duo in the finance space, has spilled into […]Read More