Author
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
NewsCrypto Transactions to Be Subject to Third-Party Reporting Starting in 2025
In a latest development, according to CNN, starting in 2025, crypto transactions will be subject to third-party reporting requirements, meaning information about these transactions will be sent to the IRS. This applies to transactions conducted on centralized platforms like Coinbase or Gemini that hold custody of the assets. Notably, the responsibility to report falls on …
Nidhi Kolhapur·16 Jan 20252 min
NewsSenator Cynthia Lummis Investigates U.S. Marshals’ Plans to Sell Seized Bitcoin
In a latest development, Senator Cynthia Lummis, a strong crypto advocate, is investigating the U.S. Marshals’ plans to sell a large stash of seized Bitcoin (BTC). According to a report from Politico, the probe, initiated on January 15, is aimed at halting the rushed decision to sell Bitcoin during a critical time, specifically during the …
Nidhi Kolhapur·16 Jan 20252 min
NewsUpbit Faces South Korea Ban Over Crypto AML and KYC Violations
South Korea’s financial regulators have taken a significant step by notifying , the country’s largest virtual asset exchange, of a possible suspension of its business operations. The move comes amid allegations that the platform failed to meet anti-money laundering (AML) standards and violated customer identification (KYC) requirements. This decision could have a major impact on …
Nidhi Kolhapur·16 Jan 20255 min
German Stock Exchange Boerse Stuttgart’s Crypto Trading Sees Major Growth, Now 25% of Revenue
Boerse Stuttgart, a major German stock exchange, has experienced significant growth in its cryptocurrency trading business, which now makes up around 25% of its total revenue. Its cryptocurrency trading volume nearly tripled in 2024, achieving its best performance ever. The exchange’s crypto business has flourished amid the U.S. spot ETF boom, which saw $36.2 billion …
Nidhi Kolhapur·15 Jan 20251 min
Cannes Launches Web3 Initiative to Encourage Cryptocurrency Payments
In a latest development develoment, Cannes, France, the venue for the International Film Festival, announced that it will promote the city’s merchants to access the cryptocurrency payment system. It is launching a Web3 initiative to encourage and train local merchants to accept cryptocurrency payments. The goal is to attract high-spending customers, especially as cryptocurrencies become …
Nidhi Kolhapur·15 Jan 20251 min
Dubai to Build 17-Storey Crypto Tower to Lead Global Blockchain Race
In an attempt to become a global blockchain powerhouse, Dubai has announced the construction of a 17-storey Crypto Tower to adapt to the growing blockchain and Web3 technology. Strikingly, the Crypto Tower will boast 150,000 square feet of leasable space for the Web3 community to build projects. The UAE is working to become a global …
Nidhi Kolhapur·15 Jan 20251 min
Thailand Proposes Ban on Polymarket in Online Gambling Crackdown
Recently, Thailand’s Cyber Crime Investigation Bureau has announced that it will propose a ban on Polymarket, claiming the platform enables illegal online gambling using cryptocurrency. Notably, TCSD commander Trairong Phiwpaen emphasized the need to suspend Polymarket to prevent online gambling and crypto misuse, which could lead to significant economic and social risks. While the timeline …
Nidhi Kolhapur·15 Jan 20251 min
Short NewsMalaysia’s PM Discusses Crypto Regulation with Binance Founder and UAE Officials
In a recent update, Malaysia’s Prime Minister Datuk Seri Anwar Ibrahim recently met with Binance founder Changpeng Zhao and UAE officials to discuss potential crypto regulatory frameworks. He held discussions focused on establishing policies to recognize the crypto industry and modernize Malaysia’s financial system. He noted that he has urged the central bank and Treasury …
Nidhi Kolhapur·15 Jan 20251 min
US Government Seeks to Return Stolen Bitcoin from 2016 Bitfinex Hack
In a latest development, as per a court document filed this week, the U.S. government noted that over 94,000 bitcoin stolen in the 2016 hack of by Ilya Lichtenstein and Heather Morgan should go back to the exchange. The Officials noted that the 120,000 BTC that was seized in relation to the 2016 Bitfinex hack should …
Nidhi Kolhapur·15 Jan 20252 min