BlackRock, the massive asset management firm, submitted a revised S-1 filing to the Securities and Exchange Commission on Monday for its intended spot bitcoin ETF, mirroring Bitwise's similar action.Continue Reading
Crypto Tax Criticism in Australia Crypto tax guidelines in Australia have been criticized by a law firm for their lack of clarity and controversial nature, likening them to “toilet paper.” The Australian Tax Office (ATO) released guidance on Nov. 9, outlining potential tax implications for decentralized finance (DeFi) activities. However, in a Nov. 27 blog post, Cadena Legal highlighted the non-binding nature of the guidance, arguing that it should not be considered a binding public ruling but rather...Continue Reading
Per CoinTelegraph, Australians are increasingly turning to cryptocurrency to bolster their retirement savings, with allocations from self-managed pension funds surging by 400% in four years, outpacing growth rates in stocks and bonds.Continue Reading
The bankrupt crypto exchange FTX has received approval to sell approximately $873 million worth of trust assets, aiming to reimburse creditors affected by the exchange's 2022 collapse. Continue Reading
In the race for spot Bitcoin exchange-traded funds (ETFs), a fresh contender has emerged. Pando Asset AG enters as the thirteenth applicant, joining as the US Securities & Exchange Commission (SEC) maintains discussions with potential issuers.Continue Reading
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