Author: American Coins & Gold

EU Regulators Publish Batch of Draft Rules for Stablecoins Under MiCA
The draft Regulatory Technical Standards (RTS) lay out requirements for issuers when dealing with complaints about stablecoins referencing multiple currencies.

First Mover Americas: Coinbase Plans B Bond Sale
The latest price moves in bitcoin (BTC) and crypto markets in context for March 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Thailand Greenlights Income Tax Exemption for Investment Token Earnings: Report
Earnings already subject to the 15% capital gains tax don’t need to be included when calculating income taxes.

ClearToken Raises M From Institutional Investors Including Nomura’s Laser Digital
The crypto clearing house plans to start preliminary settlement services in the U.K. this year, subject to regulatory approval.

Terraform Labs Allowed to Hire Law Firm Dentons in Bankruptcy Case by U.S. Court: Reuters
A U.S. court has allowed Terraform Labs to hire law firm Dentons to defend the company in a lawsuit brought against it by the U.S. Securities & Exchange Commission (SEC) in Jan. 2024.

Bitcoin Eyes K as BTC ETFs See Record B in Net Inflows
Spot bitcoin exchange-traded funds took in 14,706 BTC, or over $1 billion, in net inflows on Tuesday, data tracked by BitMEX Research shows.

Instant Settlement Needed to Compete With Crypto, India's Markets Regulator Says
The chairperson of India’s markets regulator has warned that if it doesn’t offer instant settlement investors will move to spaces like the crypto industry.

Ether Could See Price Correction After Dencun Upgrade, QCP Capital Says
QCP’s sentiment towards ETH is cautiously optimistic, with concerns about potential corrections and the impact of leverage in the market.

Binance-Nigeria Brawl Continues As Country Asks Exchange to Submit List of Top 100 Users
Nigeria wants Binance to give information regarding its top 100 users in the country and all transaction history spanning the past six months, the Financial Times reported on Tuesday.

U.S. Government Study Concludes No NFT-Specific Legislation Needed, Current Copyright Laws Adequate
The current intellectual property laws are adequate to deal with concerns about copyright and trademark infringement associated with non-fungible tokens (NFTs).