Turkey Denies Intentions to Tax Crypto and Stock Gains
Turkey has rejected proposals to tax crypto and stock market gains, but it has proposed a "very limited" transaction tax.
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FTX Settles with IRS for $200 Million
The United States Internal Revenue Service (IRS) and bankrupt crypto exchange FTX tentatively reached an agreement.
Politicians Call on Biden to Secure Return of Binance Executive from Nigeria
Tigran Gambaryan is said to have received requests from several US lawmakers for President Joe Biden and the hostage affairs section to attempt to bring him home.
Qatar Central Bank Begins First Phase of CBDC Project
In addition to initiating the first phase of an experimental project, the QCB has finished building the infrastructure for a CBDC initiative.
Block Earner Escapes Penalty in Crypto Yield Suit
Block Earner was exempted from paying a fine by an Australian federal court, even though the court found that Block Earner did not possess a license to provide a crypto product.
Dubai Financial Authority Revamps Crypto Token Rules for Funds
In an effort to improve and expand the legal framework governing tokens inside its special economic zone, the DFSA has announced changes to its crypto token rules.
Australia Debuts First Spot ETF Directly Holding Bitcoin
When markets open on Tuesday, Australia's first spot Bitcoin exchange-traded fund (ETF), which owns the asset directly, is scheduled to begin trading.
CoinCodeCap WeekInFocus: June 2, 2024
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable.
Japanese Exchange DMM Suffers $305M Bitcoin Loss in Private Key Hack
After its systems were hacked on May 30, the centralized crypto exchange DMM lost over $305 million in Bitcoin.
Terraform and Do Kwon Near Settlement with SEC
Court documents reveal an agreement in principle to resolve a fraud action between Terraform Labs and its former CEO, Do Kwon, with the US SEC.