UAE exempts crypto transfers, conversion from value-added tax

Senator Lummis argued that the SEC is attempting to “circumvent the political process” by establishing itself as the main authority on crypto. 229 Total views 4 Total shares Crypto-friendly Senator Cynthia Lummis has filed an Amicus Brief supporting Coinbase’s motion to dismiss the U.S. Securities and Exchange Commission's lawsuit against the firm. An Amicus Brief…

Until recently, cryptocurrency debit cards appeared to fall short of expectations. Despite many failed efforts in recent years, crypto debit cards are enjoying a second wind thanks to a surge in crypto prices over the summer. With some of the crypto world’s biggest names launching crypto debit cards, Cointelegraph takes a look at the latest…

Wednesday, May 15 — All of the top 20 coins are in the green after seeing some losses over the past day, with some reporting double-digit gains, according to Coin360.Market visualization by Coin360The leading digital currency bitcoin (BTC) is up over 4% on the day, trading at $8,135 at press time after reaching above $8,200.…

Low exchange balances indicate low selling pressure and could trigger a supply shock as institutional investors continue to accumulate Bitcoin.

Revolut announced its new Revolut X crypto trading platform for U.K. retail users, which it claims will offer fixed low fees and easy fiat-to-crypto conversion.

As the Bitcoin halving draws ever nearer, the demand for the digital asset keeps soaring, having seen an increase of around 15% against the United States dollar in the past month. The Bitcoin halving is predicted to take place during May 2020 and will see Bitcoin’s issuance rate decrease from 12.5 to 6.25 BTC every…

Paolo Ardoino reported Tether had frozen roughly $33 million in USDT from one of the affected addresses. 795 Total views 51 Total shares In what may be the largest attack in decentralized finance, unknown hackers used an exploit on cross-chain protocol Poly Network to remove at least $610 million from three chains.According to a Tuesday…