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Ukraine Wants to Tax Crypto Gains at 18% from 2024

Ukrainian regulators are prepared to start taxing crypto gains at 18% from 2024, with lawmakers set to vote on proposals this fall.

EU Draft Law Focused on Privacy in Using a Digital Euro Offline: CoinDesk

A proposed digital euro would have to be usable offline from day one to safeguard privacy, according to a draft law obtained by CoinDesk. 

Blockchain Analytics Firm Chainalysis Urges Crypto Firms to Start MiCA Preparations Now

The past week saw the forthcoming Markets in Crypto Assets (MiCA) regulation formally published in the EU's official journal, marking a significant milestone for regulation in the crypto space.

Former SEC Chair Clayton Says ‘Vast Majority’ of Crypto Tokens are Securities – Here’s What You Need to Know

Jay Clayton – former chairman of the U.S. Securities and Exchange Commission (SEC) – expressed a view of the crypto market on Wednesday that largely mirrors that of his current successor, Gary Gensler. 

CoinEx Has To Refund Thousands as Part of Settlement With New York Attorney General Letitia James

Cryptocurrency firm CoinEx will have to refund thousands of New York investors more than $1.7 million and pay penalties to the state as a result of settlement with New York Attorney General Letitia James. 

Binance Seeks to Deregister Cyprus Entity Amid Upcoming EU MiCA Rules

Binance, the world’s largest crypto exchange by trading volume, is seeking to delist itself from the register of authorized crypto asset service providers (CASPs) in Cyprus in order to focus its efforts on complying with the EU’s Markets in Crypto-Assets (MiCA) regulation.

Bitcoin-Based Strike Debuts Lightning Network Cross-Border Payments in Mexico – Crypto Adoption on the Rise

Bitcoin payments firm Strike has extended the reach of its cross-border payments service to Mexico, as the company aims to leverage the country’s expansive remittances market.

Crypto Broker FPG Suspends Services After $15 Million Cyberattack

Floating Point Group (FPG), a crypto prime brokerage, has suspended all withdrawals, deposits and trading on its platform after suffering from a $15 million cyberattack over the weekend.

S Korean Crypto Lender Delio Suspends Withdrawals – What Do We Know?

The South Korean crypto lending platform Delio says it is “temporarily” suspending deposits and withdrawals, as financial regulators say they are “investigating” the situation.

House Republicans Call on the SEC To Withdraw Proposed Rule That They Say Could Affect Decentralized Exchanges

A proposed Securities and Exchange Commission rule would shut down the development of the digital asset industry and should be withdrawn, House Republicans said. 

US SEC Plans To Take Four Months to Coinbase’s Rulemaking Petition

The US Securities and Exchange Commission could take months to decide whether or not to respond to crypto exchange Coinbase’s petition for rulemaking, according to a recent court filing.

Binance CEO Rejects Claims of Manipulating Market to Bolster Native Exchange Coin BNB

Crypto fraud accusations against Binance and its CEO Changpeng “CZ” Zhao are casting a shadow over the reputation of the industry giant. 

Today in Crypto: Fed Keeps Rate Unchanged, Strike Goes to Mexico, Binance and SEC to Negotiate on Asset Freeze, Arbitrage Bot Profits $3 +...

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

European Central Bank Would Need To Set Limits on Use of Digital Euro Under Draft Proposal: Bloomberg

The European Union’s executive branch will unveil plans for a digital euro that would require the European Central Bank to set limits on its use, according to a report from Bloomberg News. 

Atomic Wallet Users Lose Over $100 Million In Crypto Breach

Digital asset tracking firm, Elliptic, has revealed that losses suffered by users of Atomic Wallet have escalated to more than $100 million.

Bitstamp, Interactive Brokers Receive FCA Nod for UK Crypto Operations

The UK's Financial Conduct Authority (FCA) has approved Bitstamp and Interactive Brokers' application to join the financial regulator's registry of crypto asset service providers.