Search Results for: taxes
Hong Kong’s plan to become a crypto hub: Tax exemptions in focus
November 28, 2024 at 10:53 GMTIn a bid to become a crypto hub, the city has proposed tax exemptions on profits from cryptocurrency investments for hedge funds, private equity firms, and family offices.
FTX bankruptcy plan approved, billions to be repaid to customers
October 8, 2024 at 11:20 GMTThe approval, given by US Bankruptcy Judge John Dorsey on 7 October, allows FTX to use up to $16.5 billion of recovered funds to repay customers who lost their money.
JPMorgan CEO calls for the government to shut down crypto
December 7, 2023 at 15:13 GMTThe top executive of the US’ largest bank, Jamie Dimon, reiterated his long-held stance against cryptocurrencies in front of a panel of lawmakers at a Senate hearing on Wednesday.
US authorities to recover $54m in crypto linked to darknet narcotics
November 3, 2023 at 15:40 GMTA civil forfeiture action has been filed by the US Attorney’s Office to recover a big chunk of crypto linked to a darknet narcotics scheme in New Jersey.
Binance sets up trading platform, hoping for crypto licence in Hong Kong
October 25, 2023 at 11:14 GMTBinance has reportedly set up a trading platform in Hong Kong, as revealed by South China Morning Post (SCMP).
Ledger has etched an 'exclusive' partnership with Sotheby’s where NFT art collectors will be provided with exclusive hardware wallets.
Binance assists Royal Thai Police in dismantling criminal networks
October 3, 2023 at 15:20 GMTBinance has helped Thai law enforcement in two operations involving major crypto scams.
Gemini announces $24m investment into India technology centre
September 26, 2023 at 11:59 GMTGemini is set to deepen its roots in India by investing a substantial sum of INR 200 crore, equivalent to $24million, into its technology development centre.
Crypto is dominant asset held overseas by South Koreans
September 20, 2023 at 16:16 GMTThe National Tax Service (NTS) of South Korea released a report on Wednesday that found crypto makes up the majority of the nation's overseas assets.
CSAO takes the lead in Chainalysis’s 2023 Global Crypto Adoption Index
September 12, 2023 at 16:22 GMTCentral & Southern Asia and Oceania has become the third-largest crypto market in the world measured in raw transaction volume...