Japan Could Tax Crypto as a Financial Asset
Japan’s Financial Services Agency has suggested the possibility of taxing crypto holdings as financial assets rather than as income.
Swiss Bank ZKB Launches Bitcoin and Ether Trading for Retail Customers
Zürcher Kantonalbank (ZKB), the fourth-largest bank in Switzerland, is now offering retail customers the option to buy, sell, and hold Bitcoin and Ethereum.
Robinhood Settles Charges with California Department of Justice
Robinhood’s subsidiary for trading cryptocurrencies previously prohibited customers from withdrawing the tokens they purchased.
Nexo Resumes Registrations in UK
In accordance with the new guidelines set by the Financial Conduct Authority (FCA), Nexo, a centralized crypto lender, has resumed client registrations for UK residents on Tuesday.
Weekly Outflows from Crypto Investment Products Hit $305M
Following a period of large multi-week inflows, there has been a noticeable shift in the cryptocurrency investment product market as major outflows are now being seen.
24X National Exchange Files Updated Application to Allow 24/7 Trading
24X National Exchange has submitted an amended application to United States regulators to establish a securities exchange that could offer cryptocurrency exchange-traded funds (ETFs) with 24/7 trading capabilities.
SEC Settles with Crypto Platform Abra
Abra and Plutus Lending have reached a settlement with the US Securities and Exchange Commission regarding claims that the platform inappropriately promoted Abra Earn to customers without registering the product as a security.
