#crypto companies

[gwydionmisha]

Top DOJ Official Todd Blanche Shut Down Crypto Enforcement While Holding Crypto Assets

The second-highest official at the DOJ, Todd Blanche rose to prominence as Trump’s personal defense attorney. His actions violated the feder

[velocityfss]

The "Avoiding Cryptocurrency Scams Checklist" offered by Velocity FinCrime Solutions Suite is your shield against the growing threat of crypto fraud. This crypto monitoring software equips individuals and businesses with essential tools to navigate the complex world of digital currencies safely. It covers crucial topics such as verifying the legitimacy of cryptocurrency exchanges, identifying phishing attempts, securing wallets, and recognizing common scam tactics. With practical tips and real-time threat intelligence, this checklist empowers users to make informed decisions, safeguard their investments, and ensure compliance with evolving cryptocurrency regulations. Book Demo Now!

[pavel-nosok]

Did You Know About These Crypto Airdrops in October?

As markets continue to move sideways, crypto companies are trying to increase user engagement through airdrops. Among them are some well-known names in the space as well as new projects searching for their place. They all seek to arouse interest in digital money and their own products with giveaways of coins and tokens. From Binance Rewards to Wall Street Memes, October Brings a Number of…

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[pavel-nosok]

North Korea Hackers Continue to Target Crypto Platforms: UN Report

Hackers working for North Korea have continued to attack companies in the crypto space this year, according to independent sanctions monitors. Their findings, which reveal that Pyongyang proceeds with the development of its nuclear and weapons programs, will be included in a U.N. report which is to be released in the coming weeks. North Korea Still Trying to Steal Cryptocurrency, Sanctions…

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[cryptoweekly]

Crypto Could Be The Future of France According To Recent Survey

With the introduction of MiCA regulations, numerous crypto companies are moving into the country, attracting the interest of numerous young investors. Among Internet users aged 18 to 60 in France, approximately 8% are involved in the crypto space, as indicated by a KuCoin survey conducted in May, involving 500 adults.

Out of these users, 31% have been in the crypto market for less than 6 months, while 23% have been investing in crypto for over 3 years. Notably, 40% of the Gen Z crypto investors in France have entered the space within the last 6 months. Surprisingly, a significant portion of these users, despite earning less than 35,000 Euros annually, have shown an avid interest in crypto investments.

This trend is not just limited to France, as Germany has also experienced a surge in Gen Z crypto investors, with 41% of them entering the digital asset market within the past year, according to a separate KuCoin survey in June. Additionally, 34% of German millennials have made their first crypto investments in the last 3 months.

The younger generation, particularly Gen Z, clearly demonstrates a fearlessness and a strong desire to participate in the crypto market, showcasing an unprecedented level of interest and adaptability. Compared to older investors, this generation shows a preference for quick returns from crypto investments and is more inclined to use digital assets for NFT purchases and payments.

The growing interest in crypto among young investors coincides with companies seeking regulatory approvals in France after the passage of the MiCA regulation in April. This regulation mandates crypto asset service providers to register with national authorities to offer services to EU clients.

Thus far, several crypto companies, such as OKX and CACEIS Bank, have applied for registration in France, with the country positioning itself as a European hub for crypto-related activities. Full MiCA implementation is expected by the end of 2024.

[pavel-nosok]

Temasek Has No Immediate Intentions to Invest in Crypto Exchanges After FTX Loss

Singapore’s state-owned investment fund Temasek does not plan to put money into crypto firms amid the current regulatory uncertainty, according to a top executive. The statement comes months after Temasek lost $275 million from its involvement in the failed cryptocurrency exchange FTX. Temasek to Refrain From Investments in Crypto Companies for Now The sovereign wealth fund Temasek, owned by the…

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[pavel-nosok]

Crypto Companies in Japan Get Tax Relief Under Revised Rules

The tax administration of Japan has provided an exemption to companies issuing cryptocurrencies under a revision of the corporate tax rules. A local crypto media report described the move as a step toward improving the business environment for the digital asset sector in the country. Japan Tax Authority Gives Cryptocurrency Businesses a Tax Exemption Japan’s National Tax Agency (NTA) has issued a…

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