The top Brazilian financial regulator has announced a plan to reform the nation’s crypto tax laws. In an official release from the Receita Federal (RF), the regulator said it would change the way it taxes crypto trading profits in “the…
Kwon's Terraform Labs developed the luna cryptocurrency and stablecoin terraUSD, which folded in 2022, losing an estimated $40 billion What to know: Do Kwon pleaded not guilty to charges of fraud following his extradition to the U.S. on Tuesday. Kwon's…
On Thursday, bitcoin, the leading cryptocurrency, descended to an intraday low of $91,215, reflecting a decline exceeding 3% against the U.S. dollar. The collective valuation of the crypto economy contracted by 2.5% in the past 24 hours, settling at $3.22…
UK-based Standard Chartered revealed plans on Thursday to establish a Luxembourg-based entity as its regulatory hub for crypto and digital asset custody services across the European Union (EU). 🚨 BREAKING 🚨 🇪🇺 $1 trillion Standard Chartered will now start offering…
The unit is a joint venture between Tron, TRM Labs and Tether. What to know: The Tron-led T3 Financial Crime Fighting Unit also includes TRM Labs and Tether. Recently, it hit a milestone of 100 million frozen USDT on Tron…
Jeremy Allaire, Circle’s CEO, revealed on Thursday that the company had donated $1 million USDC to President-elect Donald Trump’s inaugural committee. @circle has contributed 1M USDC to President Trump's Inaugural Committee. We are excited to be building a great American…