CFTC Chair: Crypto ‘Potentially a Threat to National Security’ After FTX Crash
Cryptocurrency may be a threat to America’s national security and more regulation is needed in the space now, Commodities Futures Trading Commission Chair Rostin Behnam said today.
Italy to Start Taxing Crypto Trading Gains From 2023
A recent <a href="https://www.bnnbloomberg.ca/italy-plans-to-tax-crypto-trading-gains-expand-disclosure-1.1853151" target="_blank">coverage</a> by Bloomberg informed that the Italian authorities are working on a crypto bill that could be implemented as of January 1, 2023.
Terra Classic Prediction As Crypto Prices Bounce in the Market. Is LUNC to $1 Feasible?
In the last 24 hours, Terra Classic (LUNC) has gained 1.32% according to CoinMarketCap, standing at $0.001635 at the time of writing. Considering the current price, LUNC will need a relatively 600,000% to reach $1. Could such a massive rise happen with the level of development in the Terra Classic ecosystem?
Italy To Impose 26% Crypto Gains Tax From 2023
Italy is planning to tighten regulation around cryptocurrencies by taxing capital gains beginning in 2023. According to the European country’s proposed budget for next year, all digital currency profits above £2,000 will be subject to a 26% tax levy.
UK's Crypto Agenda Won't Be Derailed by FTX Collapse, Minister Says
U.K. Economic Secretary Andrew Griffith reiterated the country's commitment to becoming a key center for the crypto industry, saying the <a href="https://www.coindesk.com/layer2/2022/11/30/ftxs-collapse-was-a-crime-not-an-accident/" target="_blank">collapse of FTX </a>isn't a reason to change course.
European Central Bank Says ‘Bitcoin is Rarely Used for Legal Transactions’, This On-Chain Data Suggests Otherwise
Bitcoin (BTC) will soon embark on “a journey to irrelevance,” and is mostly used for illegal purposes, the European Central Bank (ECB) has claimed. But according to one on-chain expert, the claim does not hold water.
World’s Largest Asset Manager BlackRock Chief Executive Says More Crypto Firms Will Fall Following FTX Collapse
Larry Fink, the CEO of BlackRock. Source: A video screenshot, Youtube/CNBC
Whale Abruptly Moves Over $110,000,000 in XRP – Here’s Where the Crypto’s Going
A huge crypto whale is moving more than $110 million worth of XRP in a single transaction this week as the digital asset market attempts to recover from its steep correction earlier this month.
MoonPay To Roll Out ‘Soulbound’ NFT Loyalty Program
Crypto payments infrastructure firm MoonPay is rolling out what it calls a "soulbound" NFT loyalty program for its users.
Uniswap Has Launched NFT Marketplace With $5M Airdrop
Uniswap, which in the true sense happens to be an undoubted DeFi giant, has been in the position of successfully launching its very own marketplace in the case scenario of non-fungible tokens. The offering from their side is the commitment to the best-ever prices on NFTs, coupled with heavily decreased gas-related fees. The launch also took place with the accompaniment of an amount of $5 million airdrop for the sake and total benefit of all of the Genie users. From here on, Uniswap’s NFT collector will be actively engaged in the listings related to eight other different marketplaces. This will also replace the NFT collector Genie. This incidentally was taken into possession by Uniswap sometime in the month of June this very year.
