Traders in Asia, particularly South Korea, are pivotal in driving an unexpected surge in digital asset market volume, with South Korean-based exchanges experiencing a substantial rise in market share.

The crypto market started out the new week on a low note with prices of digital assets across the space plunging once again.

Without bipartisanship on how to regulate crypto, the U.S. will be “less attractive for both firms and investors,” according to a report from Moody’s Investors Service. Democrats and Republicans have been working on two legislative efforts to regulate stablecoins, and another that would create a pathway for a digital token to go from being treated as a security to a commodity. 

Swiss-based FlowBank and Liechtenstein-based Bank Frick have been named as potential intermediaries for this service.

The US president noted that it is time Republicans accepted that a bipartisan deal cannot be struck “solely on their partisan terms.”

The Malgo Finance team has implemented cutting-edge security measures to safeguard customer assets since they understand the value of security in the cryptocurrency industry

Binance Tax will allow users to calculate the taxes on trades made on the platform. The feature is initially only available in Canada and France.

The solution will enable institutional investors to keep their collateral off the exchange.

How cryptocurrency traders are using NFTs to harvest tax losses.

Founded in early 2022, Modulo operated out of the same luxury Bahamian condominium community where Sam Bankman-Fried and other FTX employees lived.