Criptos News

Latest news about blockchain and cryptocurrencies

‘New Blow’ as Large Crypto Exchanges Are Told to Pay British Tech Tax

Crypto exchanges operating in the United Kingdom – including the likes of Coinbase – will be forced to pay a recently created tech tax – with the British tax body, HM Revenue and Customs (HMRC), declaring that cryptoassets “are not financial instruments.” The British Treasury last year announced the launch of a new 2% sales charge on online vendors, search engines and social media providers with global revenue of over USD 666. Read more →

Watch: CoinField’s President on Their New Token, Growth Plans, and Competition

Alex Lightman, Executive Chairman and President of a European crypto exchange CoinField that operates in 193 countries, claims that exchange tokens will outperform other cryptoassets as the company is now preparing to launch its own, somewhat unusual coin. Per Lightman, this utility token aims to help solve the food inflation problem in developing countries…. Read more →

Chinese Central Gov’t Wants to Create ‘Digital Asset Exchanges’ as CBDC Nears

China’s policy-forming State Council has announced that it wants the nation to launch Beijing-based digital asset exchanges to power the adoption of its forthcoming central bank digital currency (CBDC) project, the digital yuan. The council called upon financial bodies to speed up the pilots for the digital yuan and asked commercial banks in the nation to prepare for the imminent start of transactions with the People’s Bank of China (PBoC)-issued token…. Read more →

Binance Must Intensify AML Compliance For Paris Expansion - French Regulator

French financial sector regulator Autorité des Marchés Financiers (AMF) has announced that crypto exchange Binance needs to intensify its efforts to ensure anti-money laundering compliance if it wants the agency’s backing for its plans to launch a regional registered office in the country’s capital….Read More: Binance Must Intensify AML Compliance For Paris Expansion - French Regulator… Read more →

Coinbase Acquires BRD to ‘Bring Decentralization’ to More People, BRD Skyrockets 724%

Major crypto exchange Coinbase has acquired the crypto wallet startup BRD in an effort to enhance its self-custody capabilities. Meanwhile, the wallet’s native token has jumped over 720% in a single day….Read More: Coinbase Acquires BRD to ‘Bring Decentralization’ to More People, BRD Skyrockets 724%… Continue reading on https://cryptonews.com/news/coinbase-acquires-brd-to-bring-decentralization-to-more-people-brd-skyrockets-724.htm Read more →

Adidas Originals & Coinbase Strike Partnership, But Keep Details Vague

The Adidas brand Adidas Originals has announced it has made a foray into the world of crypto – with a purposely obscure tweet about a partnership with the American exchange heavyweight Coinbase. With a cryptic bent, the brand wrote: “We’ve partnered with Coinbase. Probably nothing.” Coinbase replied with the popular crypto community greeting “gm” (shorthand for good morning), and tagged Adidas Originals, writing: “Welcome to the party, partner! Read more →

Elon Musk Throws ‘Shade’ at Binance Over DOGE Handling, CZ Bites Back

Tesla and SpaceX CEO Elon Musk has scrutinized major crypto exchange Binance over dogecoin (DOGE) withdrawals, which are frozen due to a technical issue triggered by a software upgrade - calling the situation “shady.” “We are pretty certain it is an issue with the latest doge wallet,” replied Binance CEO Changpeng Zhao (CZ), adding that they are in communications with developers. Read more →

Ripple Makes ‘Good Progress’ in Legal Row With SEC, Says Brad Garlinghouse

US blockchain company Ripple is making “good progress” in its efforts to resolve its legal conflict with the US Securities and Exchange Commission (SEC), hoping to end the row in 2022, according to the chief executive. Brad Garlinghouse, CEO of Ripple, said that the legal case, which is centered on the firm’s XRP token, is moving slowly forward, although towards a potentially favorable outcome…. Read more →

Binance Is ‘In Talks with Sovereign Wealth Funds', Boosts Irish Presence

After taking a regulatory battering earlier this year, Binance is back – or at least the world’s busiest crypto exchange will hope so. The platform has been bolstered by news that it is talking to sovereign wealth funds who are interested in “taking a stake” in the platform, that it’s establishing a new base in Ireland and raising a “couple of hundred million” dollars in a forthcoming funding round in the US…. Read more →