Crypto

Source: Coin Tegraph According to the paper, central banks collectively hold $2.2 trillion in gold as of Q1 2024 and continue to expand their gold allocations. Read Full Article

Source: Bitcoinist South Korean authorities announced their plan to fully regulate cross-border crypto transactions by the end of 2025 to combat a “blind spot” enabling tax evasion by foreign exchanges. Koran Authorities To Regulate Cross-Border Crypto Transactions According to local news media outlet Edaily, South Korea’s Deputy Prime Minister (DPM) Choi Sang-mok shared the country’s…

Source: Bitcoinist In a recent move to boost the growth of crypto investment products in Japan, a coalition of Japanese companies has recommended that any upcoming exchange-traded funds (ETFs) in the region should focus on Bitcoin (BTC) and Ethereum (ETH). This recommendation comes as Japan debates whether to follow the US and other nations that…

Source: Bitcoinist Aligning themselves with the tax reporting rule on digital currency enacted by the European Union (EU), the Netherlands revealed its intention to apply tax monitoring rules on crypto. The Dutch government, an EU member, is obliged to accept and apply the new reporting requirement, a structure meant to assist EU member states in controlling…

Source: Bitcoinist Bitcoin prices are steady above the $66,000 support when writing on October 25. While confidence is high, the coin is still trending below the psychological round at $70,000. It has yet to shake off sellers in early October. Demand For Spot Bitcoin ETFs Shoots To A 6-Month High However, looking at emerging spot…

Source: Coin Tegraph Lamine Brahimi discusses how blockchain-based government bonds could revolutionize debt markets, with benefits including lower borrowing costs and efficient settlements. Read Full Article

Source: Coin Tegraph Vitalik Buterin’s “The Purge” aims to streamline Ethereum by reducing data bloat, simplifying the protocol and addressing technical debt for better efficiency. Read Full Article

Source: Coin Tegraph Learn the fate of seized cryptocurrency, including how it’s stored, auctioned and redistributed after being confiscated by law enforcement. Read Full Article

Source: Bitcoinist A gang of convicted Austrian fraudsters financed their luxurious life with money acquired from a giant crypto scam. Among other luxuries they purchased were a shark tank, a villa, a luxury car, private jet travels, and nights at club parties, Heute, an Austrian news outlet, reported on October 23. Around 40,000 people were…

Source: Coin Tegraph Bitcoin rapidly rids itself of record open interest but concerns remain over the short-term BTC price trend. Read Full Article