Binance tightens crypto transfer rules in South Africa, enforcing user identity checks and compliance prompts starting this month. New Binance Regulations Demand Sender and Receiver Info for South African Crypto Transfers Crypto exchange Binance announced on April 22 that it will begin requiring more detailed information for cryptocurrency transfers involving South African users, a move…
Eyeing more revenues for the Philippine government, Department of Finance (DOF) Secretary Ralph Recto expressed plans to increase the tax rates for capital gains, donor taxes and estate taxes from 6% to 10%. However, Albay Representative Joey Salceda, chairman of the House Ways and Means Committee of the House of Representatives, warned that raising taxes…
More than 15 crypto firms are storming the gates for banking licenses as U.S. regulators ease restrictions, opening direct access to federal payment systems and legitimacy. Banking Regulators Ease Rules, Trigger Rush From 15+ Crypto Firms More than a dozen crypto firms are reportedly applying for banking licenses with the Office of the Comptroller of…
The newly sworn-in SEC chair is set to make his highly anticipated debut with a speech that could ignite sweeping reforms and redefine the future of crypto regulation. Paul Atkins’ First Speech as SEC Chair to Set Stage for Oversight Reform The U.S. Securities and Exchange Commission (SEC) announced on April 23 via its official…
Paypal is launching a new rewards program for its stablecoin PYUSD, offering U.S. users a 3.7% annual return to boost adoption in the competitive stablecoin market. Incentivizing Use of PYUSD Paypal Holdings is launching a new rewards program for its stablecoin PYUSD to boost adoption of the digital token within a fiercely competitive market. The…
President Donald Trump will gather the top 220 holders of his TRUMP meme coin for an exclusive gala at his private Washington, D.C., golf club on May 22. May 22 Gala Brings President Together With TRUMP Top Holders The invitation, posted on gettrumpmemes.com, extends black-tie optional attire for attendees at Trump National Golf Club in…
The cryptocurrency surged past $94K on Wednesday morning before retreating to $93K and has shown signs of decoupling from traditional stock indices. BTC Breaks $94K, Shows Signs of Market Decoupling Bitcoin has maintained an upward trajectory all week despite an uncertain economic environment dogged by President Donald Trump’s unpredictable trade policy shifts. One interesting development…
Bitcoin ETFs experienced a historic surge, drawing in $936 million, their largest single-day inflow since January 17. Ether ETFs snapped an outflow streak with $38.74 million in fresh capital. Massive $936 Million Pours Into Bitcoin ETFs As Ether ETFs End Outflow Streak With $38 Million Boost A wave of capital flooded into U.S. spot bitcoin…
The Bitcoin startup space is not an easy landscape to survive in and few have captured the spirit of decentralization as authentically as Hodl Hodl. Founded by self-proclaimed “paranoid crypto anarchists” in 2017, Hodl Hodl has steadfastly remained a beacon of Bitcoin’s original promise: freedom, sovereignty, and anonymity. At the helm of this rebellious yet…
Electric car giant Tesla Inc. said on Tuesday that it lost money on its crypto investments in the first quarter, even though it did not buy or sell any Bitcoin during that time. What happened: Tesla’s financial statement revealed $951 million in crypto assets, which dropped 11.6% from the previous quarter, based on the company’s…
