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Day: December 6, 2023

  1. Home
  2. 2023
  3. December
  4. 06
  5. Page 14
  • bob
  • 2023-12-06
  • Company News
  • Europe
  • Investment Insights
  • Market Updates

Spotify Announces Third Round of Layoffs, Cutting 1,500 Jobs

The long-standing tax dispute between the US and Swiss banks has finally come to an end after more than 15 years. Pictet, a private bank based in Geneva, has become the last major financial institution to admit to helping US clients hide their money from the tax authorities. According to the US Department of Justice, […]

Read More
  • bob
  • 2023-12-06
  • Company News
  • Europe
  • Investment Insights
  • Market Updates

Spotify Announces Third Round of Layoffs, Cutting 1,500 Jobs

The long-standing tax dispute between the US and Swiss banks has finally come to an end after more than 15 years. Pictet, a private bank based in Geneva, has become the last major financial institution to admit to helping US clients hide their money from the tax authorities. According to the US Department of Justice, […]

Read More
  • bob
  • 2023-12-06
  • Asia
  • Cryptocurrency Exchanges
  • Investment Insights
  • Regulatory Developments

Hong Kong Crypto Exchange Hashkey to Allow Market Makers for Liquidity

Hashkey, a licensed crypto exchange in Hong Kong, has announced that it will soon allow individual and enterprise market makers to provide liquidity on its platform. To become a market maker, individuals and entities must trade at least $5 million worth of cryptocurrencies per month on the exchange. Once approved, they will sign a contract […]

Read More
  • bob
  • 2023-12-06
  • Asia
  • Cryptocurrency Exchanges
  • Investment Insights
  • Regulatory Developments

Hong Kong Crypto Exchange Hashkey to Allow Market Makers for Liquidity

Hashkey, a licensed crypto exchange in Hong Kong, has announced that it will soon allow individual and enterprise market makers to provide liquidity on its platform. To become a market maker, individuals and entities must trade at least $5 million worth of cryptocurrencies per month on the exchange. Once approved, they will sign a contract […]

Read More
  • bob
  • 2023-12-06
  • Africa
  • Cryptocurrency Regulations
  • Government Policies and Cryptocurrency Adoption
  • Regulatory Developments

Kenyan Parliament Approves Bill to Classify Cryptocurrency as Securities and Tax Capital Gains

A bill that classifies cryptocurrency assets as securities and imposes capital gains tax on them has passed a committee in the Kenyan parliament. The Capital Markets (Amendment) Bill, 2023, has been approved by the National Assembly’s Finance and National Planning Committee. The bill aims to regulate the trading of cryptocurrencies in Kenya and prevent proceeds […]

Read More
  • bob
  • 2023-12-06
  • Africa
  • Cryptocurrency Regulations
  • Government Policies and Cryptocurrency Adoption
  • Regulatory Developments

Kenyan Parliament Approves Bill to Classify Cryptocurrency as Securities and Tax Capital Gains

A bill that classifies cryptocurrency assets as securities and imposes capital gains tax on them has passed a committee in the Kenyan parliament. The Capital Markets (Amendment) Bill, 2023, has been approved by the National Assembly’s Finance and National Planning Committee. The bill aims to regulate the trading of cryptocurrencies in Kenya and prevent proceeds […]

Read More
  • bob
  • 2023-12-06
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • North America
  • Regulatory Developments

SEC Requests Judge to Determine Crypto Assets as Securities in Terraform Labs Case

Lawyers representing the United States Securities and Exchange Commission (SEC) have requested a judge to determine whether certain crypto assets should be classified as securities in a civil case against Terraform Labs and co-founder Do Kwon. The SEC argues that this is a legal question for the court to decide, rather than a factual question […]

Read More
  • bob
  • 2023-12-06
  • Cryptocurrency Market Analysis
  • Cryptocurrency Regulations
  • North America
  • Regulatory Developments

SEC Requests Judge to Determine Crypto Assets as Securities in Terraform Labs Case

Lawyers representing the United States Securities and Exchange Commission (SEC) have requested a judge to determine whether certain crypto assets should be classified as securities in a civil case against Terraform Labs and co-founder Do Kwon. The SEC argues that this is a legal question for the court to decide, rather than a factual question […]

Read More
  • bob
  • 2023-12-06
  • Company News
  • Cryptocurrency Exchanges
  • Europe
  • Regulatory Developments

Crypto.com Expands Financial Services in the UK with EMI License

Crypto.com, a Singapore-based cryptocurrency exchange, has received authorization from the UK’s Financial Conduct Authority (FCA) to operate as an electronic money institution (EMI). This means that Crypto.com can now offer a suite of UK-localized e-money products. The exchange had previously obtained regulatory approval from the FCA as a cryptoasset business, allowing it to provide products […]

Read More
  • bob
  • 2023-12-06
  • Company News
  • Cryptocurrency Exchanges
  • Europe
  • Regulatory Developments

Crypto.com Expands Financial Services in the UK with EMI License

Crypto.com, a Singapore-based cryptocurrency exchange, has received authorization from the UK’s Financial Conduct Authority (FCA) to operate as an electronic money institution (EMI). This means that Crypto.com can now offer a suite of UK-localized e-money products. The exchange had previously obtained regulatory approval from the FCA as a cryptoasset business, allowing it to provide products […]

Read More
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