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Crypto
Gate Ventures on Track to Close $200M Crypto Fund by Q3
The VC arm of Gate.io will invest in layer 1 and layer 2 protocols that can help build an open internet.

US Labor Department Has ‘Grave Concerns’ About Fidelity’s Plan for Bitcoin in 401(k) Retirement Plans, Wall Street Journal Reports
The Labor Department is scheduled to meet with Fidelity to express concerns.

Panama's Crypto Law: No Legal Tender, but Digital Assets Exempt From Capital Gains Tax
Panama's legislature on Thursday passed a bill aimed at making the country a favorable locale for crypto business.

Crypto Funds’ Easy On-Ramp Can Be a Big Problem Without the Right Guidance
It’s important for financial advisors to do due diligence on investing in crypto funds, and on the funds themselves.

India to Give Clarity on Tax Provision Within Two Months: Sources
The 1% tax deducted at source has been the biggest pain point in the new tax rules for India's crypto industry.

The UK's FCA Says It Has Been Focused on the More Negative Side of the Crypto Debate
The financial regulator tended to key in on the risks crypto present for financial stability, said the co-director of consumer and retail policy.
