Tax Rules Hit Brazilian Crypto Exchanges, Forcing Trading Platforms Acesso Bitcoin and Latoex Out of Business

Tax Rules Hit Brazilian Crypto Exchanges, Forcing Trading Platforms Acesso Bitcoin and Latoex Out of BusinessTax regulations implemented even before dedicated legislation has been adopted have hit Brazilian cryptocurrency exchanges. Digital asset brokers failing to comply with the new reporting requirements face fines and the stricter rules are hurting smaller platforms, which are shutting down due to dwindling trading volumes. Also read: Tax Agents ‘Confiscate’ Bitcoin From Criminal but Keep […]

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SEC Filing for Vaneck Solidx Bitcoin ETF Withdrawn

SEC Filing for Vaneck Solidx Bitcoin ETF WithdrawnCboe BZX Exchange has withdrawn its filing with the U.S. Securities and Exchange Commission (SEC) for Vaneck Solidx bitcoin ETF. The U.S. government is currently shut down and the ETF could have been automatically approved had it not been withdrawn. Vaneck says that the withdrawal is temporary as it is actively working to “build appropriate […]

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How US Government Shutdown Affects Bitcoin ETF Approval

Lawyer Explains How US Government Shutdown Affects Bitcoin ETF ApprovalThe U.S. Securities and Exchange Commission (SEC) is due to make a decision on the Vaneck Solidx bitcoin ETF next month, and the deadline cannot be extended further. However, since the U.S. government is currently shut down, a securities lawyer explains what is likely to happen to the ETF, including the likelihood of an automatic […]

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Thai Crypto Exchange Determined to Stay Open After SEC Orders Shutdown

Thai Cryptocurrency Exchange Determined to Stay Open After SEC Orders ShutdownThe Thai Ministry of Finance has rejected the last cryptocurrency exchange application it had been reviewing. The exchange, which has been ordered to close down business and return customer funds, is determined to stay operational. “Shutting down is not an option for us,” its chief strategy officer reportedly said. Also read: Indian Supreme Court Moves Crypto […]

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Japanese Cryptocurrency Exchange to Relaunch as Part of Huobi After Buyout

Japanese Cryptocurrency Exchange to Relaunch as Part of Huobi After BuyoutA regulated Japanese cryptocurrency exchange is shutting down to relaunch as part of the Huobi family. The new exchange will support six cryptocurrencies and 11 trading pairs. Existing Bittrade customers need to open new accounts, complete KYC verification, and transfer their assets to the new platform. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls […]

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