Vitalik Buterin, co-founder of Ethereum, lauded Reddit on Monday for its plan to include contributor ownership in its impending IPO. But he’s bummed out because Reddit’s contributors are subject to restrictions set by American law. Reddit is a prime platform for the cryptocurrency community to connect, debate, and share news,
The Commodity Futures Trading Regulatory Agency (Bappebti) of Indonesia has reportedly requested that the Ministry of Finance evaluate the country’s policy on the taxation of cryptocurrencies. Members of Bappebti’s executive staff have reportedly asked for a review of the 0.11 percent income tax on cryptocurrency and the 0.1 percent value-added
Along with corporations like Elon Musk’s Tesla and Michael Saylor’s MicroStrategy, Reddit is one of the few that has directly bought digital assets, having put some of its surplus income in bitcoin (BTC) and ether (ETH). The social networking platform applied to the U.S SEC to list on the New
The High Court in Podgorica has made a historic ruling, rejecting South Korea’s plea for extradition and ordering the extradition of Do Kwon, the former CEO of Terraform Labs, to the United States. The court’s decision is the result of lengthy discussions about the extradition’s political and legal ramifications. Reports
The world’s most reliable source of cryptocurrency statistics, insights, and community, CoinMarketCap, has announced the first CMC Crypto Awards, which will take place online between February 21 and March 6. This yearly event will pay tribute to the outstanding individuals, products, and initiatives that have shaped Web3 and crypto, highlighting CoinMarketCap’s
Crypto-related VC funding increased to $1.9 billion in the fourth quarter of 2023, a 2.5% rise from the previous quarter. This is the first time since March 2022 crypto-related VC funding has increased. This increased interest in crypto funding is due to the launch of the first spot Bitcoin ETFs
Leading cryptocurrency exchange Binance continues to make strides toward rebuilding its dominant trading volumes after agreeing to a record-shattering U.S. settlement last November over anti-money laundering violations. Kaiko, a provider of cryptocurrency market data, reports that Binance recovered 49% of all exchange spot volumes in January. This is just two
28 Virtual Digital Assets (VDA) or crypto service providers have registered themselves with India’s Financial Intelligence Unit (FIU). The move was disclosed by the Minister of State for Finance, Pankaj Chaudhary, in a written reply to the Parliament’s lower House on Monday. This move comes in the wake of a
Over the past few years, cryptocurrencies have become an attractive way to generate income in a number of different ways. One of the methods is to mine digital currencies. However, for many investors, this is a tedious and difficult process. They need to know how to set up mining equipment,
Robinhood has announced several major expansions to its self-custody cryptocurrency wallet in response to user feedback. According to the company, the Robinhood Wallet has seen significant global adoption with hundreds of thousands of users across over 140 countries since its public launch six months ago. In a recent blog post,
