🇺🇸🗣 W. Bowman (Fed): Recent events have made it clear that crypto activity can pose significant risk to consumers, businesses, and possibly the larger financial system.
Some banks will continue to explore ways to get involved in crypto-related activities. The Fed will continue to focus on this area in light of the significant risks, but we don't want to stifle innovation. By discouraging innovation, we could push growth in this area to the non-banking sector, leading to much less transparency and potential financial stability risk.
Some banks will continue to explore ways to get involved in crypto-related activities. The Fed will continue to focus on this area in light of the significant risks, but we don't want to stifle innovation. By discouraging innovation, we could push growth in this area to the non-banking sector, leading to much less transparency and potential financial stability risk.
🇦🇷 The Ministry of Economy of Argentina has developed a bill encouraging citizens to declare their crypto assets at reduced tax rates. cointelegraph.com
Cointelegraph
Proposed bill in Argentina encourages citizens to reveal crypto holdings
The Ministry of Economy of Argentina is attempting to get on top of money laundering with a proposed law that would see Argentine citizens encouraged to declare their cryptocurrency assets with tax incentives.
📊 #GMX Due to the recent increase in volatility, GMX (Arbitrum + Avalanche) earned over $2.74 million in fees on January 9, which is an all-time high, second only to Ethereum. 30% of GMX fees will be distributed to GMX holders as income, ~$822,000.
🇺🇸👀 The US House of Representatives will vote on a bill that would eliminate the need for an IRS and abolish income tax.
🤖 CryptoAttack 🇬🇧
😬 #COIN Coinbase will lay off another 950 people.
👀 #COIN Coinbase VP of Business Development and International Relations: The company is gradually closing most of its operations in Japan.
💰👀 Not Boring Capital Launches New $30 Million Fund to Invest in Web3 notboring.com
📊 Data: CME 3-month BTC futures show positive premium for the first time since crash FTX coin desk
👀 #WRX According to the Proof Of Reserves report, 90% of WazirX user assets are in Binance wallets.
“We are not only India’s largest crypto exchange by volume, but also India’s largest crypto exchange by reserves,” WazirX blog says.
coindesk.com
“We are not only India’s largest crypto exchange by volume, but also India’s largest crypto exchange by reserves,” WazirX blog says.
coindesk.com
🤖 CryptoAttack 🇬🇧
👀 Dutch crypto exchange Bitvavo: Access to the €280 million assets held in DCG is no longer possible, service will not be interrupted and customers can continue to withdraw theblock.com
💰👀 Web3 development platform Spike completed a new round of funding, Kucoin and others participated in the investment m.techflowpost
🧯👀 #MATH MathWallet used 20% of Q4 2022 revenue to buyback and burn MATH twitter.com
🇦🇪👀 Henson Orser, a Nomura veteran who served two years as president of the Komainu crypto project, leads Dubai's virtual asset regulator.
#regulation theblock.com
#regulation theblock.com
🤖 CryptoAttack 🇬🇧
👀 Ark Invest has again added about 170,000 Coinbase shares worth about $5 million. coindesk.com
👀 Cathy Wood's Ark Invest (ARKK) Fund Adds 33,000 Coinbase Shares coindesk
🤖 CryptoAttack 🇬🇧
😱🇨🇦 #USDT Crypto .com will no longer service Tether transactions in Canada and plans to delist USDT for customers in the region to comply with Ontario regulator decrypt.com