Category: Top Crypto News
EU tax proposal will affect cryptocurrencies around the world
A new initiative by the European Commission would require all crypto-service providers to report transactions by EU customers to tax authorities A new proposal from the European Commission on the taxation of cryptocurrencies will affect companies around the world, according to The Block. The publication reports that under the rules the European Commission wants to […]
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Binance Bailouts: the exchange accumulates two billion dollars to save promising crypto projects
Speaking of Binance’s bailout proposals, last week Binance CEO Chang Peng Xiao announced that the exchange had doubled the size of the Recovery Fund meaning two billion dollars is ready to be deployed. What’s interesting is that Binance isn’t the only company that’s contributed to the fund, various crypto VCS and companies including Jump Crypto, […]
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Are Crypto Exchanges Faking Proof Of Reserves? CZ Warns Investors
Binance CEO CZ’s initiative to disclose proof of reserves has forced other market players to do the same, but are they transparent? In the light of FTX crash, Binance CEO CZs initiative to disclose proof of reserves has forced other market players to do the same. While, exchanges have started declaring their proof of funds, […]
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