Japan slow to approve crypto ETFs, maintains strict tax, regulations

Combined spot and derivatives volumes on centralized crypto exchanges fell 21.8% in June as crypto exchanges continued to tussle for market share.

Investing in cryptocurrencies and digital assets is now easier than ever before. Online brokers, centralized exchanges and even decentralized exchanges give investors the flexibility to buy and sell tokens without going through a traditional financial institution and the hefty fees and commissions that come along with them.Cryptocurrencies were designed to operate in a decentralized manner.…

This week’s Crypto Biz explores Kraken’s stablecoin plans in Europe, the departure of Grayscale’s CEO, Prometheum’s Ether custody service that treats ETH as a security, and more.

Japan is firming up at the most likely new headquarters for Ripple if it leaves its San Francisco offices 646 Total views 13 Total shares Japanese financial giant SBI Holdings CEO Yoshitaka Kitao said that Japan is the most likely country Ripple will relocate to, should it leave the United States. At an Oct. 28 press…

The market maker is used to swap stable coins on the Avalanche blockchain; it has a total locked value of $46 million, according to DefiLlama. 451 Total views 1 Total shares Own this piece of history Collect this article as an NFTBlockchain security firm CertiK reported on Feb. 16 that it has spotted a flash…

Ripple’s developer ecosystem project Xpring and Bain Capital Ventures have invested in early-stage blockchain venture capital (VC) firm Robot Ventures, head of the fund Robert Leshner wrote in a blog post on April 10.Leshner, who also founded Ethereum-based financial open-source protocol Compound, has already completed two investments within its new venture capital initiative.Targeting fintech and…

Entering the crypto economy is not a good idea for a country with “capacity constraints” and no central bank, the IMF thinks. The Republic of the Marshall Islands (RMI) has completed its annual talks with the International Monetary Fund (IMF). The country is expected to see gross domestic product (GDP) growth this year, the IMF…

Crypto exchange FTX’s collapse and overall crypto market turmoil were not key factors in the decision to merge crypto mining firm Hut 8 with US Bitcoin Corp., according to Hut 8 CEO Jamie Leverton. On Feb. 8, Leverton said that the merger was mainly about providing diversified revenue and helping scale the combined businesses, stating: “I…