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Lithuanian Tax Service’s First Confiscated Crypto Sale Nets $7.6m

The Lithuanian government has reportedly sold a batch of cryptocurrency seized by local enforcement agencies. The State Tax Inspectorate, or STI, the country’s tax authority, sold confiscated crypto assets worth 6.4 million euro ($7.6 million) and subsequently added the funds to the state budget. According to an official announcement on Nov. 24,

Bitcoin Could Face Deeper Correction After Dropping $2,000 From Highs

Bitcoin has sustained a strong correction since its $19,600 highs seen earlier today. The coin currently trades for $17,300, down approximately 12% from those highs. Some have suggested the coin could drop lower toward $16,000 in the days ahead. Macro charts show that $16,000 is where Bitcoin may find serious support. Bitcoin Undergoes Strong

Mass Appeal: Could A Bitcoin Futures Eft Electrify Us Investors?

Are crypto exchange-traded funds (ETFs) finally coming to the United States of America? Dozens of cryptocurrency-based ETFs or ETF-like products are currently selling on regulated exchanges in Europe, while Canada and Brazil have already introduced their own versions this year. Over the past eight years, however, not a single investment

Nigeria's Securities Regulator Establishes Fintech Unit To Study Crypto

In 2021, financial institutions operating in Nigeria have been the lever of a government crackdown on cryptocurrencies, beginning with February’s notorious central bank ban on lenders providing services to crypto exchanges in the country. With much of the Nigerian crypto market of necessity peer-to-peer, Nigeria’s Securities and Exchange Commission (SEC)