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UK Treasury Offers Regulatory Approach For Crypto Assets

UK Treasury Offers Regulatory Approach For Crypto Assets

The UK Treasury has launched a consultation on cryptocurrency and stablecoin regulation. The Ministry of Finance proposes to regulate the industry by analogy with traditional payment services.

Litecoin
Bloomberg: Bakkt To Go To Stock Market Through Merger With VPC Impact Acquisition Holdings

Bloomberg: Bakkt To Go To Stock Market Through Merger With VPC Impact Acquisition Holdings

Bakkt’s platform, owned by the Intercontinental Exchange (ICE), is in preliminary talks to go public through a merger with VPC Impact Acquisition Holdings.

Litecoin
Bitcoin price exceeded $ 41,000 for the first time

Bitcoin price exceeded $ 41,000 for the first time

Today, January 8, the price of bitcoin for the first time in the history of the cryptocurrency market exceeded $ 41,000, and the market capitalization of Ethereum reached an all-time high of $ 143.5 billion.

Litecoin
South Korea approves income tax on cryptocurrencies

South Korea approves income tax on cryptocurrencies

From 2023, individuals in South Korea will be required to pay 20% income tax if their cryptocurrency trading profits exceed 2.5 million Korean won.

Litecoin
Brad Garlinghouse: “we tried to settle claims with the SEC before the trial”

Brad Garlinghouse: “we tried to settle claims with the SEC before the trial”

Ripple CEO Brad Garlinghouse said the company was trying to settle claims with the SEC before the regulator sued it in December.

Litecoin
Finnish customs will sell the confiscated 1,981 BTC

Finnish customs will sell the confiscated 1,981 BTC

The Finnish customs service is preparing to sell 1,981 BTC that were confiscated from drug-related criminals. Sale date has not yet been determined.

Litecoin
China Testing Hardware Wallet for Digital RMB

China Testing Hardware Wallet for Digital RMB

The development of the state Chinese cryptocurrency continues – photos of a hardware wallet for the digital yuan appeared on the Web, which does not require a connection to a smartphone.

Litecoin
South Korean gaming giant Nexon prepares to buy Bithumb exchange

South Korean gaming giant Nexon prepares to buy Bithumb exchange

The gaming company Nexon, a subsidiary of the South Korean investment firm NXC, has signed an agreement with the management of the Bithumb cryptocurrency exchange to purchase the site for $ 460 million.

Litecoin
Iran has closed more than 1,600 mining farms since July 2019

Iran has closed more than 1,600 mining farms since July 2019

The Iranian authorities, in cooperation with local energy company Tavanir, have closed 1,620 illegal mining farms since July 2019, which consumed more than 250 MW of electricity.

Litecoin
JPMorgan: “Bitcoin will hit $ 146,000 in the long term”

JPMorgan: “Bitcoin will hit $ 146,000 in the long term”

According to a team of JPMorgan analysts led by Nikolaos Panigirtzoglou, in the long term, the bitcoin price could reach $ 146,000.