Australian Tax Office seeks data from 1.2M crypto users for tax compliance. Cryptocurrencies are classified as taxable assets in Australia and capital gains tax applies.
Year: 2024
Nigeria plans to delist naira from all P2P crypto platforms
Nigeria aims to ban naira use on peer-to-peer (P2P) trading platforms. News comes after a meeting between the government represented by the Securities and Exchange
SEC goes after Robinhood; KangaMoon steady as market reacts
SEC issued a Wells Notice againast Robinhood, alleging securities violations. Crypto prices reacted lower, with Bitcoin (BTC) retreating to under $64,000. KangaMoon (KANG), a new
Crypto VC funding tops $1B for second consecutive month
Crypto venture fundraising reached $1.02 billion in April, compared to $10.9 billion in March. RootData’s website shows total funding rounds by VCs hit 161 in
Hon Kong’s asset management firm becomes the largest investor in BlackRock Bitcoin ETF
Yong Rong HK Asset Management emerges as the top holder in BlackRock Bitcoin ETF with $38M investment. Ovata emerges as biggest buyer in Bitcoin ETF
MakerDAO unveils two new tokens in a major overhaul
The two new tokens teased by MakerDAO are NewStable (NST) and NewGovToken (NGT). NST replaces Dai and offers upgraded features while NGT replaced MKR and
SEC delays decision on 7RCC Spot Bitcoin and Carbon Credit Futures ETF
SEC postpones decision on 7RCC Spot Bitcoin and Carbon Credit Futures ETF to June 24, 2024. The ETF plans to invest 80% in Bitcoin and
Nigerian BICCoN calls for crypto exchanges round table with SEC chief amid crackdown
Recently, crypto exchanges like Binance have found themselves under serious scrutiny in Nigeria The BICCoN-led initiative for a meeting between the SEC chief and crypto
Dutch police arrest suspect in $30 million ZKasino scam
Dutch police have arrested a 26-year-old man amid a law enforcement investigation around ZKasino. The crypto project is allegedly a crypto gambling scam involving more
Pantera Capital invests in TON, eyes support for crypto adoption via Telegram
Pantera Capital has announced it invested an undisclosed amount in TON. The venture capital firm says TON’s integration with messaging platform Telegram could be a