ETHEREUM NEWS (ETH)

Detailed news on Ethereum and its ecosystem.

Grayscale Pushes Boundaries: Files to Convert SOL, XRP, and AVAX Trust into ETF

The crypto world is buzzing as Grayscale Investments, the largest digital asset manager, makes another significant move by filing to convert its Digital Large Cap Fund, which includes Bitcoin, Ethereum, Solana (SOL), XRP, and Avalanche (AVAX), into an exchange-traded fund (ETF). This marks another bold step from Grayscale, following its previous success in converting its […]

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UK Investigates TikTok for Potential Unlicensed Crypto Activity: What You Need to Know

TikTok, the popular social media platform known for viral videos, is now facing serious allegations in the UK related to its financial operations. Recent claims suggest that TikTok could be functioning as an unlicensed cryptocurrency exchange, raising concerns about compliance with UK financial regulations. The Allegations A former compliance consultant for a prominent bank alerted

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How Governments Tax Crypto from Exchanges and Determine Profits. What Then Happens If You Are On Decentralized Exchanges?? A Read.

Cryptocurrency is becoming a growing sector, and governments worldwide are working to regulate and tax it efficiently. In most countries, cryptocurrencies are treated as assets, and the income or profits derived from them are subject to taxation. However, one of the major questions arises: how do governments tax crypto from exchanges, and how do they

How Governments Tax Crypto from Exchanges and Determine Profits. What Then Happens If You Are On Decentralized Exchanges?? A Read. Read More »

KRA’s Move to Track Crypto Transactions and its Impact on the Crypto Market in Kenya

The Kenya Revenue Authority (KRA) is stepping up its efforts to regulate the cryptocurrency market by integrating a new revenue system that tracks transactions made on cryptocurrency exchanges. According to a recent article published in Business Daily on October 15, 2024, this move is aimed at combating tax evasion, fraud, and money laundering activities. The

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JP Morgan’s Entry into Kenya(JP Morgan holds the title of the largest bank in the world as measured by market capitalization.): A Game-Changer for Financial Markets and the Future of Crypto

In a significant development for Kenya’s financial landscape, the Central Bank of Kenya (CBK) has granted authority to JP Morgan Chase Bank N.A. to establish a representative office in the country. This move not only enhances Kenya’s position as a leading financial hub in East Africa but also opens doors for future integration of modern

JP Morgan’s Entry into Kenya(JP Morgan holds the title of the largest bank in the world as measured by market capitalization.): A Game-Changer for Financial Markets and the Future of Crypto Read More »

Kenya Crypto Magazine Partners with Chasing Mavericks for Kenya’s First-Ever Blockchain Costume Party!

Kenya Crypto Magazine is excited to announce our partnership with Chasing Mavericks for an event that promises to be the highlight of Kenya’s crypto scene this year: The Blockchain Costume Party! As a leading voice in the blockchain and cryptocurrency space, we are thrilled to collaborate with such a dynamic team to bring this groundbreaking

Kenya Crypto Magazine Partners with Chasing Mavericks for Kenya’s First-Ever Blockchain Costume Party! Read More »

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