CoinFlash


Markets

Planned ETF Would Invest in Grayscale's GBTC to Sidestep SEC's Crypto Reluctance

Up to 15% of the fund would be invested in bitcoin, solely through the Grayscale Bitcoin Trust.

wallst

Markets

Crypto.com Launches Tool to Simplify Crypto Taxes

The tax calculator is launching in Canada, but will later see a wider rollout.

calculator

Tech

South Korea's Shinhan Bank Builds Pilot Platform for Central Bank Digital Currency

The Seoul-based bank built the blockchain-based platform in preparation for a role as intermediary should a digital won be launched.

Seoul skyline

Policy

South Korea to Fine Crypto Exchanges That Fail to Tackle Illicit Activity

Penalties will apply if trading venues fail to follow three regulations, the Financial Services Commission said.

Seoul

Finance

Digital Currency Group to Buy Up to $250M of Grayscale Bitcoin Trust Shares

The blockchain investment firm said it will buy the GBTC shares on the open market.

Barry Silbert, founder and CEO of Digital Currency Group

Policy

Ripple CEO Says Legal Dispute With YouTube Over XRP Scams Now Resolved

Brad Garlinghouse said Ripple and YouTube have now agreed to "work together" to tackle XRP scams on the video platform.

Ripple CEO Brad Garlinghouse

Policy

Bankrupt Crypto Lending Platform Cred Had UK Fugitive in Charge of Funds

James Alexander was employed as the CCO of Cred, a crypto lender that filed for bankruptcy in November.

bars, jail

Policy

India's Internet and Mobile Association Calls for Crypto Regulation, Not Ban

The association said India could benefit from a "robust" regulatory regime for digital assets.

Delhi, India

Policy

Nigeria Is Now Rewarding Citizens for Using Licensed Money Senders, Not Crypto

The "Naira 4 Dollar Scheme" is a bid to funnel remittances through official channels. Meanwhile, peer-to-peer bitcoin remains popular.

Nigerian naira banknotes