Sweden Requests $90M Unpaid Taxes from Crypto Miners
From 2020 to 2023, the Swedish Tax Agency discovered several cryptocurrency companies that had provided false business descriptions in an effort to evade taxation. After four years of misappropriations were uncovered through government investigations, Swedish cryptocurrency miners owe more than $90 million in taxes. Skatteverket, the Swedish tax agency, inquired into the activities of twenty-one […]
Hong Kong SFC Approves Spot Bitcoin and Ethereum ETF
Following approval from the SFC, Hong Kong now has the first spot Bitcoin and Ethereum ETF offerings from four significant financial firms. The Hong Kong Securities and Futures Commission (SFC) has authorized the trading of spot Bitcoin ETFs and spot Ethereum ETFs in the region by the anticipated schedule. This also establishes Hong Kong as […]
Australian Court Seizes $41M in Crypto From NGS Group
An Australian Federal Court has ordered the seizure of approximately US$41 million in digital assets from the NGS group of mining companies. An Australian Federal Court issued a seizure order for digital assets amounting to around US$41 million against the NGS group of blockchain mining enterprises. This decision is the outcome of ongoing civil proceedings instigated by […]
Robinhood launches Android Wallet to Boost Crypto Use
To promote Cryptocurrency and Web3 adoption, Robinhood Markets declares Wallets accessible to Android users worldwide. Wednesday, Robinhood Markets announced the global release of the Robinhood Wallet for Android users. This furthers Robinhood’s objective of promoting cryptocurrency adoption while simultaneously establishing Robinhood as the most reliable and user-friendly platform for cryptocurrency usage. Robinhood Wallet Launch for […]
Bitcoin Hits $2.8 Bln Weekly Inflows, Digital Asset Inflows Peak
The digital assets weekly inflows reach a new high of $2.9 million. Bitcoin remains the market leader, with a weekly influx of $2.8 million. Weekly digital assets inflows surpassed yet another record today, March 18, amounting to $2.9 billion. This achievement represents a noteworthy milestone in the cryptocurrency landscape. After surpassing the $2.7 billion inflow mark in […]