Category: Business

[ad_1] Nigeria’s revenue agency has issued rules requiring crypto platforms and peer-to-peer (P2P) marketplaces to collect, report and remit taxes, including paying some withheld amounts in digital tokens. In its Guidelines on Taxation of Virtual Assets, the Nigeria Revenue Service (NRS) said income tax deducted at source and stamp duty “shall be remitted to the…

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[ad_1] Key Takeaways Japan and the U.S. may unveil a joint yen policy next week, Kyodo News and CNBC reports. Japan sold up to $58.97 billion on July 30 in its largest one day yen move since 2022. Bessent’s notepad showed plans to buy $5-10 billion in yen, Reuters photographed. Japan Strikes First, Buying Nearly…

[ad_1] Ken Griffin’s Citadel reportedly bought a large proportion of the public stock portfolio of Situational Awareness, the hedge fund founded by former OpenAI researcher Leopold Aschenbrenner. The Financial Times first reported Thursday that Citadel bought the portfolio holdings after heavy losses during July’s artificial intelligence stock market rout.  The transaction followed Aschenbrenner’s fund falling…

[ad_1] Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries. All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy. [ad_2] Source link

[ad_1] Key Takeaways Central bank gold demand hit a Q2 record of 289 tonnes, rebounding sharply from a weak Q1. Poland led purchases to near its 700-tonne goal, while China accelerated buying and Russia sold. Most central banks plan to continue adding gold to their reserves to hedge against geopolitical risks. Central Bank Gold Demand…

[ad_1] The agreement covers tokenized securities, blockchain-based market infrastructure and the potential use of USDT as a settlement layer. [ad_2] Source link

South Korea’s Financial Services Commission (FSC) reportedly plans to draft a consolidated Digital Asset Basic Act with the ruling Democratic Party, giving lawmakers a government-backed proposal covering stablecoins and the broader cryptocurrency market after months of delays. According to an Edaily report published Wednesday, the FSC told the National Assembly ahead of a policy briefing…

Key Takeaways CME Group rolled out 77 single-stock futures contracts covering Apple, Nvidia, Tesla and 50-plus other stocks. The new contracts trade nearly 23 hours a day, five days a week, on CME Globex. CME’s bitcoin futures open interest sank to a 14-month low of $8.41 billion in April 2026. A New Way to Trade…

[ad_1] [Update, 10:32 UTC, July 26: Adds former CEO Nenter Chow’s statement] BitMart will wind down its cryptocurrency exchange, ending all trading services on Aug. 26 before ceasing operations entirely on Jan. 31, 2027. “After a careful evaluation of the Company’s operating conditions, market environment, and future strategic direction, BitMart has made the difficult decision…