Cryptocurrency News

Spain Implements Stricter Reporting Rules for Cryptocurrency Holdings

Spain mandates residents to report foreign cryptocurrency holdings by March 31, 2024.This aligns with global efforts to combat tax evasion in the crypto sector.

Ethereum Shifts to Deflationary Trend as Validator Participation and NFT, DeFi Transactions Decrease

Ethereum's supply has recently become deflationary, highlighted by a drop in validator participation and a decrease in transactions related to NFTs and decentralized finance...

Spain Enacts New Crypto Tax Rules

Spain has recently implemented new cryptocurrency tax regulations, mandating that its residents disclose their digital currency holdings on international platforms. The Spanish Tax Administration...

Binance’s Guilty Pleas Propel Coinbase Shares to New Heights

Coinbase (COIN) shares have reached their highest level in 18 months, following the guilty pleas of Binance and its former CEO Changpeng Zhao in...

Hong Kong Authorities Probe Unlicensed Crypto Exchange Hounax

The Hong Kong Police and the Securities and Futures Commission (SFC) are investigating Hounax, an unlicensed cryptocurrency exchange, following the submission of 145 fraud...

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