The Dubai Financial Services Authority has shifted responsibility for crypto token suitability assessments from regulators to licensed companies operating in the Dubai International Financial Centre.$BTC
Die Proteste intensivieren sich in ganz Iran, während der Internet-Blackout bereits seinen 90. Stunde erreicht.
Die Märkte kalkulieren eine 60-prozentige Wahrscheinlichkeit, dass der Oberste Führer Ali Khamenei bis zum 11. September außerhalb der Macht sein wird.
India has just issued new regulations requiring crypto exchanges to verify users more strictly to combat money laundering.
The new regulations require users, when opening an account, to: - Take a live selfie, with motion checks to prevent deepfakes. - Provide geographic location and IP address. - Verify bank account through small transactions. - Provide identification documents, email, and phone number.
These measures aim to strengthen KYC/AML, limit anonymous accounts, and fraud.
According to current law, profits from crypto are taxed at 30%, with no deductions for losses from other transactions, making compliance and monitoring even more complex.$BTC $ETH
💯The number of people lining up to stake ETH has surpassed the number of people lining up to withdraw ETH
Previously, there was a very strong withdrawal wave that made many people think $ETH had a problem. In reality, that wasn't the case.
That recent withdrawal wave was mainly due to leveraged investments in DeFi being unwound. When borrowing interest rates rise, those looping strategies of borrowing ETH and then staking it in circles become ineffective, so they have to stop: sell some off, withdraw ETH to pay back debts.
Additionally, there are technical factors. Some validator operators temporarily unstaked to mitigate system risks, then staked again afterward when things stabilized.
Besides that, after the recent upgrade, staking ETH has become easier and more flexible, so whales and institutions took the opportunity to unstake their old positions to reorganize them more neatly and efficiently.
Once these things are sorted out, Ethereum returns to a lower-risk state, with staking being more transparent and "cleaner." As a result, the number of people wanting to stake now has increased and surpassed the number withdrawing.$ETH
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