Cryptocurrency
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EU targets crypto wallets in latest round of Russia sanctions
The European Union on Friday targeted crypto wallets, banks, currencies and trusts in its fifth package of sanctions on Russia in a bid to close potential loopholes which could allow Russians to move…
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Crypto exchange Binance.US valued at $4.5 bln in first external funding round
Crypto exchange Binance.US said on Wednesday it had raised more than $200 million in a seed funding round at a pre-money valuation of $4.5 billion. Launched in 2019, the company is operated by BAM Tr…
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Britain sets out ‘detailed plan’ to exploit crypto potential
Britain set out a ‘detailed plan’ on Monday to exploit the potential of cryptoassets and their underlying blockchain technology to help consumers make payments more efficiently. As part of creating a…
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Indonesia to impose VAT, income tax on crypto assets in bid to cash out from booming market
Indonesia plans to charge value-added tax (VAT) on crypto asset transactions and an income tax on capital gains from such investments at 0.1% each, starting from May 1, a tax official said on Friday,…
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Bitcoin holds ground after touching highest this year
Bitcoin on Tuesday held ground just below its highest this year, touched a day earlier, with gains for the original cryptocurrency topping 27% since Russia’s invasion of Ukraine. Bitcoin hit $48,234 …
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Bitcoin rises 4.4 percent to $46,499
Bitcoin surged 4.41% to $46,499.29 at 22:07 GMT on Sunday, adding $1,963.64 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 41.1% from the year’s low of $32,9…
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Bitcoin climbs to highest in almost three weeks
Bitcoin climbed on Tuesday to its highest in almost three weeks, adding to its gains since Russia’s invasion of Ukraine, pulling up smaller digital coins such as ether. Bitcoin climbed as much as 5.6…
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Naomi Osaka takes equity stake in crypto exchange FTX
Tennis star Naomi Osaka has taken an equity stake in FTX and will be receiving compensation in crypto, the Bahamas-based cryptocurrency exchange, one of the most valuable startups in the world, said …
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Crypto exchanges face ‘fork in the road’ over Russia, LSE Group chief says
Cryptocurrency exchanges are risking long-term damage to their industry for remaining in Russia as Western governments seek to isolate Moscow, the head of the London Stock Exchange Group said on Wedn…
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Dubai grants crypto exchange Binance a virtual asset licence
The world’s largest cryptocurrency exchange Binance has been granted a licence to conduct some operations in Dubai, the company said on Wednesday, from where it plans to carry out regional business. …