Regulation
Regulation
Spain mandates disclosure of foreign-held crypto assets over €50,000 for tax purposes
Spain is looking to ensure effective taxation of cryptocurrency holders within its jurisdiction.
Exchanges
Coinbase users informed of subpoena by CFTC in suspected connection with Bybit inquiry
Coinbase said it was requested to provide information about its users' account and their transaction activity.
Politics
Vivek Ramaswamy says his crypto policy will ‘ensure economic freedom for Americans’
Ramaswamy will reportedly discuss Bitcoin at the upcoming Republican debate.
Tokenization
Terra’s USTC stages rally with 150% surge over 24 hours
While the defunct coin was up only 40% at press time, a huge spike in volume and price over the last 24 hours has drawn attention.
Analysis
Justin Sun defends Tron following allegations of facilitating terror financing
Sun said the blockchain network is committed to fighting illegal use by terror groups but maintained that decentralization was its primary concern.
Crime
Hong Kong police investigate $15.4 million scam on Hounax trading platform
Hong Kong's SFC is being criticized for alerting the public late about the platform.
Technology
Cosmos founder Jae Kwon stirs controversy with AtomOne fork proposal amid inflation cap dispute
The controversies has resulted in ATOM price falling 4% in the last 24 hours.
Stablecoins
Circle, SBI Holdings focus combined efforts on USDC growth in Japanese market
The partnership would enable USDC access and liquidity for Japan-based businesses and users.
Exchanges
Coinbase stock surges to highest since April 2022
Regulatory compliance and global licensing achievements fuel Coinbase's stock surge to a 10-month peak.
Legal
Binance’s CZ seeks to avoid jail time, refutes DOJ’s flight risk claim
CZ's lawyers argue that he is ready to accept responsibility for his actions.
Investments
Cathie Wood’s ARK Invest cashes out part of its Grayscale’s GBTC stake as Bitcoin ETF optimism grows
The investment firm dumped more than 700,000 units of the shares within the past month, earning over $10 million.
Legal
Tether and Bitfinex yield to FOIL request amid transparency pledge
The companies said their concession does not equate to a wholesale release of their documents.
