The post Is BlackRock Poised to Acquire 1 Million BTC for Its ETF Initiative? appeared first on Coinpedia Fintech News A recent analysis by James Van Straten, a noted research and data analyst at CryptoSlate, has brought forward several key observations about the current state and prospects of Bitcoin, the leading cryptocurrency. His insights delve […]

The asset management firm declares that the Grayscale Bitcoin Trust (GBTC) falls under the grantor trust structure for tax considerations. Grayscale is evaluating the possible tax consequences associated with spot Bitcoin (BTC) exchange-trade funds (ETF), following inaccurate reports circulating about unfavorable tax implications. In a series of posts on X (formerly Twitter), Grayscale clarifie that […]

The government of Russia might allow crypto miners to sell their cryptocurrency like other exports such as gas. Ivan Chebeskov, deputy minister of finance, specified that this option was part of a bill to legalize cryptocurrency mining introduced in 2022, that could allow miners to proceed with these exports in the same way as with […]

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In the vast landscape of cryptocurrencies, Bitcoin stands as a digital titan, a revolutionary force that has transformed the way we perceive and interact with currency. The journey of Bitcoin is one marked by innovation, scarcity, and the constant push towards unimaginable potential. As we embark on this exploration, we delve into the intricate forces […]

The post Coinbase Files Legal Action Against SEC for Crypto Regulation Oversight appeared first on Coinpedia Fintech News Coinbase, the largest U.S.-based cryptocurrency exchange, is set to confront the U.S. Securities and Exchange Commission (SEC) in court. This legal battle represents a critical moment in the ongoing discourse around cryptocurrency regulation in the United States. […]

The head of the International Monetary Fund (IMF) has called for clear crypto regulations worldwide, cautioning that high crypto adoption could undermine macro-financial stability. “Our goal is to make a more efficient, interoperable, and accessible financial system by providing rules to avoid the risks of crypto, and infrastructure by leveraging some of its technologies,” she […]

The post Taiwan Warns Against Crypto Betting on Presidential Election Amid Investigation! appeared first on Coinpedia Fintech News Residents of Taiwan have been warned against using cryptocurrency betting platforms to wager on the upcoming presidential election, as participating in election-related gambling activities is against the law. The advice comes amid an ongoing investigation, with several […]

The post Navigating Tax Implications in Bitcoin ETFs: Bloomberg Analyst’s Take on In-Kind vs Cash Transactions appeared first on Coinpedia Fintech News In a detailed segment on a recent podcast, Bloomberg analyst James Seyffart offered an insightful and nuanced analysis of spot Bitcoin exchange-traded funds (ETFs), focusing on the operational differences between the in-kind and […]

The post Ripple Prediction For 2024: Legal Challenges and XRP Price Path to $1.50: appeared first on Coinpedia Fintech News Ripple’s Chief Legal Officer, Stuart Alderoty, in his series of X posts, offered insight into the cryptocurrency landscape’s future, focusing particularly on 2024. His predictions revolved around Ripple’s ongoing legal tussle with the Securities and […]