UK crypto firm pushes back against FCA rules March 23, 2022 Crypto exchange Gemini has warned the UK regulator that draft rules for digital assets risk encouraging firms to relocate offshore.
Bitcoin price stable around $42k but demand still flat March 23, 2022 After breaking through the $43,000 on Tuesday, the price of Bitcoin is stabilising around the $42,000 mark this morning.
FIFA unveils Crypto.com as Football World Cup sponsor March 23, 2022 Exchange giant Crypto.com has made further inroads into the sporting world as the official sponsor of the 2022 FIFA World Cup.
1 Minute Market Rundown – 23rd March 2022 March 23, 2022 Russia – UkraineYields in focusCrypto consolidates A feeling of deja vu overnight as Australian, New Zealand and South Korean 10 year yields all hit fresh cyclical highs as the rates market continues to reprice. Interestingly enough, stock markets held on with the S&P even clearing its 200 DMA. It seems the hawkish rhetoric from Powell [...]
UK has potential to become ‘global epicentre’ for crypto innovation March 23, 2022 The UK should solidify its position as a Fintech hub by creating a welcoming regulatory environment for crypto, industry experts claim.
Britcoin not expected until at least 2025, says BoE March 22, 2022 A digital currency backed by the UK's central bank (CBDC) will not be rolled out until 2025 at the earliest, a Bank of England grandee has revealed.
Fetch.ai boosted by MEXC Global $150m fund with Huobi and Bybit March 22, 2022 Cryptocurrency trading platform MEXC Global is to create an investment fund of $150 million, together with Huobi Global and Bybit, to support the growth of Fetch.ai.
UK home to second most hedge funds, as US dominates rise of crypto strategies March 22, 2022 Britain is home to the second largest hedge fund market in the world, with more than 500 set up in the capital since 2019. The US leads the way with 67 per cent of the global share, with New York boasting almost 7,000. Data compiled for SigTech also shows London has 2,230, with nearly a [...]
Web3 is a triumph of evolution over Web2, and we need to embrace this gift March 22, 2022 Crypto AM's Dr Chris Kacher explains why a spritely Web3 wins on every level in a head-to-head with the lumbering Web2.
‘Death by over-regulation’: Losses from one cryptocurrency cannot be used to offset gains from other crypto under new tax rules in India March 22, 2022 India has introduced a number of new tax rules for cryptocurrencies. The most eye-popping clause is without a doubt the stipulation that losses from one crypto asset cannot be used to offset gains in another. So, in other words, if you lose some in trading Bitcoin, that cannot be offset vs gains from another asset, [...]