The SEC Just Elevated XRP To A Status Previously Reserved For Bitcoin And Eth...
The U.S. SEC recently highlighted an NYSE proposal that places XRP alongside Bitcoin and Ethereum as eligible assets under the generic listing standards. This is a positive for the altcoin, which was once considered a security by the SEC under Gary Gensler. XRP Named as Eligible Asset Alongside Bitcoin and Ethereum In SEC Filing The […]
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The upgrade establishes a development fund for the next four years and removes the controversial “Founders Reward.” Privacy-focused cryptocurrency Zcash (ZEC) celebrated its first halving event on Nov. 18.The occasion was marked by the implementation of the Canopy upgrade, which establishes a development fund for the platform and removes the controversial “Founders Reward.”The halving and upgrade occurred at block 1,046,400, just over four years after Zcash was first mined in late October 2016.Canopy is the fifth major upgrade to Zcash, primarily consisting of the change to the mining....
Canadian digital currency exchange Vault of Satoshi will announce a plethora of new features today, including more verification options, coin-to-coin trading, and support for several new coins. The exchange, which opened its doors in October, has eased its verification procedures, said founder Mike Curry. It previously had two verification states for customers: verified and unverified. As of today, it offers four. The unverified status (which essentially stops you doing anything significant on the site) still exists. But requirements for its basic level of verification have dropped from....
On-chain data shows the Bitcoin spot trading volume has remained elevated recently as the price of the crypto has observed deep discounts. Bitcoin Spot Trading Volume Continues To Be Near Yearly Highs According to the latest weekly report from Arcane Research, the current BTC spot volume is sitting at a value of $10.8 billion. The […]
XRP has won their right to retain their Amici status, this is a major relief to XRP holders. Judge Torres has denied SEC’s motion to revoke the amici status. Apart from that, Judge Torres has also barred attorney John E Deaton from further proceedings. According to the letter, “Amici can’t participate in the expert challenge […]
The EU Court of Justice has ruled that Bitcoin exchange is exempt from VAT in a landmark ruling. The news follows a dispute in Sweden over the tax status of Bitcoin, with the Swedish Tax Agency lobbying for the rules to be relaxed and publishing a recommendation that this should occur. Previously, the VAT landscape in the EU varied between states, with some exempting Bitcoin services such as Finland and Spain and some requiring the currency to adhere to standard tax laws common to fiat currencies. “So, even a temporary ‘tax free’ status will get more people into cryptocurrencies [...] They....