Crypto News

Deribit’s Dubai Unit Receives ‘Conditional’ Virtual Asset Service Provider License

Deribit FZE, an entity owned by crypto derivatives platform Deribit, has secured a conditional virtual asset service provider from the Dubai virtual assets regulator. The license, which covers spot and derivative trading, will remain non-operational until Deribit meets the regulator’s localization requirements. Meeting Dubai’s Localization Requirements Deribit FZE, a wholly owned entity of the cryptoSource link

Bitfinex Derivatives Users Can Now Place Bets on Bitcoin and Ether Implied Volatility

Bitfinex Derivatives announced the launch of perpetual futures tied to Volmex's proprietary bitcoin and ether implied volatility indices.Source link

Binance Integrates ARC-20 Tokens on Inscriptions Marketplace, Offers Zero-Fee Trading

Binance integrates ARC-20 tokens into its Inscriptions Marketplace, offering zero-fee trading from April 3 to June 2, 2024, allowing users to inscribe and trade various inscription tokens within the Binance Web3 Wallet. (Read More)Source link

Bitcoin ETF Trading Volumes Tripled in March as the Largest Cryptocurrency Hit Record Highs

Trading volumes for the exchange-traded funds soared to $110 billion, three times higher than either January or February, led by BlackRock's IBIT.Source link

Fear of Retrospective IRS Regulation Changes Discourages Filing, Says Crypto Tax Expert

Many cryptocurrency users have not filed their tax returns, fearing that the Internal Revenue Service (IRS) might change regulations after they submit their returns, according to a cryptocurrency tax expert. The expert stated that the IRS has the discretion to apply laws retroactively or retrospectively interpret them. Complex Filing Process Clinton Donnelly, CEO of CryptoSource link