Cryptocurrency

Crypto.com Hits $20 Billion Valuation as Citadel Securities Commits $400 Million — CoinCustard Crypto brief

Crypto.com Hits $20 Billion Valuation as Citadel Securities Commits $400 Million

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Crypto.com confirmed on Thursday that Citadel Securities has committed $400 million in a strategic minority investment that values the Singapore-based crypto exchange at $20 billion post-money — the largest valuation a centralized crypto exchange has commanded since the 2022 cycle peak. The investment is a milestone for an industry that spent three years in valuation

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Japan crypto reclassification infographic showing tax cut from 55% to 20% and prison terms up to 10 years

Japan’s Parliament Reclassifies Bitcoin as a Financial Asset in Landmark Vote

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Japan’s parliament passed a landmark amendment on Wednesday that reclassifies bitcoin and other cryptocurrencies as financial assets, pulling digital assets out of the country’s payment-services regime and into the same statutory framework that governs stocks, bonds, and investment trusts. The vote, reported by public broadcaster NHK, marks the first time a G7 economy has formally

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