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Kucoin becomes latest crypto exchange hit by Canada’s securities law crackdown

Kucoin becomes latest crypto exchange hit by Canada’s securities law crackdown

Kucoin joins Poloniex among exchanges that failed to begin compliance conversations per new Canadian securities regulation.

The post Kucoin becomes latest crypto exchange hit by Canada’s securities law crackdown appeared first on The Block.

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IRS seeks millions in fresh funding to expand crypto tax enforcement and hire outside experts

The Internal Revenue Service’s latest Congressional Budget Justification & Annual Performance Report and Plan outlines specific ways through which the U.S. tax regulator will enhance its crypto enforcement efforts.

The post IRS seeks millions in fresh funding to expand crypto tax enforcement and hire outside experts appeared first on The Block.

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Spartan Group, buoyed by institutional interest, closes a $110 million DeFi fund

Spartan Group raises $110 million in fresh capital.

The post Spartan Group, buoyed by institutional interest, closes a $110 million DeFi fund appeared first on The Block.

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Smart contract platform Flare raises $11.3 million in a funding round

The team behind the decentralized platform Flare claims it is more scalable and offers cheaper, faster transactions.

The post Smart contract platform Flare raises $11.3 million in a funding round appeared first on The Block.

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A comprehensive regulatory overview of the British Virgin Islands

Quick Take

  • The BVI still lack a comprehensive regulatory framework for digital assets.
  • Nonetheless, the BVI are currently one of the most competitive jurisdictions for 

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Crypto trading platform Coinseed is shutting down following NYAG lawsuit

Crypto trading app provider Coinseed announced Tuesday that it is shutting down following a lawsuit by the New York State Attorney General (NYAG) Letitia James.

The post Crypto trading platform Coinseed is shutting down following NYAG lawsuit appeared first on The Block.

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Polkadot says it’s ready to begin auctioning off its parachain slots

Polkadot creator Gavin Woods said the blockchain protocol Polkadot is set to begin its proposed auction schedule.

The post Polkadot says it’s ready to begin auctioning off its parachain slots appeared first on The Block.

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1.3% of Bitcoin’s supply has now been wrapped onto Ethereum

A growing percentage of bitcoin is being locked up and used on the Ethereum blockchain, through various tokens.

The post 1.3% of Bitcoin’s supply has now been wrapped onto Ethereum appeared first on The Block.

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Hong Kong to study e-HKD potential in retail central bank digital currency

The Hong Kong Monetary Authority has said it is looking into the prospects of having a local, retail central bank digital currency.

The post Hong Kong to study e-HKD potential in retail central bank digital currency appeared first on The Block.

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Coinbase shakes up stablecoin offering to entice large FX traders

Coinbase is looking to draw in big traders in the foreign exchange world through an expansion of its stablecoin services. 

The post Coinbase shakes up stablecoin offering to entice large FX traders appeared first on The Block.

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