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PortuguêsFTX US won a $1.4-billion bid to purchase Voyager’s assets in September, but with the firm filing for bankruptcy, the funds were once again up for grabs. Trading platform INX…
Continue ReadingAccording to Lamido Yuguda, the director general of the Nigerian Securities and Exchange Commission, the regulator does not plan on including cryptocurrencies in its digital asset agenda. Yuguda reportedly said…
Continue ReadingAfter Grayscale Investments shared information concerning the company’s product holdings, people questioned why the firm wouldn’t share the public addresses associated with the crypto assets it holds. However, on Nov.…
Continue ReadingLawmakers in Russia are drafting legislation that would allow the establishment of a “national cryptocurrency exchange,” local media unveiled. Coins now circulate outside of government oversight and the Russian state…
Continue ReadingThe aftermath of FTX’s collapse has soured crypto investor sentiment with “record” inflows into short-investment products last week, said CoinShares. Institutional investors have responded to the negative sentiment caused by…
Continue ReadingElectronics giant Sony has filed a patent that describes the usage of NFT (non-fungible token) and blockchain technology to track the history of in-game digital assets. The filing describes the…
Continue ReadingGalois Capital, New Huo Technology, and Nestcoin are just some of the crypto firms with funds stuck on FTX as the exchange undertakes bankruptcy filings in the United States. The…
Continue ReadingThe Central Bank of Russia supports the development of digital financial assets but remains opposed to legalizing crypto payments, its top management has reiterated. The monetary authority is now working…
Continue ReadingThe Central Bank of Russia is proposing to introduce tax incentives for long-term holders of digital financial assets. The idea has been circulated with a consultation paper published for public…
Continue ReadingAmid a wave of new financial penalties, the Central Bank of Russia (CBR) has started exploring methods to incorporate blockchain technology and crypto-assets into its domestic financial system. The CBR…
Continue ReadingDigital asset manager Bakkt Holdings, Inc., announced on Thursday that the company has acquired the firm Apex Crypto from Apex Fintech Solutions. Bakkt detailed that the acquisition of the turnkey…
Continue ReadingThe NFT space has been, and continues to be, the recipient of tremendous popularity boost from celebrities, world-class athletes, and business organizations that pick non-fungible tokens as entry point to…
Continue ReadingA recent survey from Fidelity shows 58% of institutional investors already own cryptocurrency. Institutional Investor Presence In Crypto Sector Continues To See Growth This Year As per data from an…
Continue ReadingAccording to a study jointly published by KPMG China and Aspen Digital, about 58% of Singapore and Hong Kong’s family offices and high-net-worth individuals have invested in digital assets. Reports…
Continue ReadingCrypto firm Blockchain.com has announced the launch of a new crypto-centric pre-paid Visa card and so far, 50,000 users have registered for the waitlist signup. In addition to launching its…
Continue ReadingBitcoin and non-fungible tokens are among the hottest trends in the crypto space today, and those with the wherewithal don’t mind shelling out excessive amounts of dough to invest in…
Continue ReadingAn early draft of the 2022 IRS tax form sees cryptocurrencies, stablecoins and nonfungible tokens grouped under a new ‘Digital Asset’ category. American taxpayers will find a broader, more defined…
Continue ReadingThe legal review authority will work to compile law reform proposals for public consultation in the second half of 2023. The Law Commission of England and Wales will set about…
Continue ReadingAuthorities in Portugal intend to impose a levy on gains from short-term crypto investments with the state budget for next year. The document, which still needs the approval of Portuguese…
Continue ReadingWith limited access to global finances, Russian businesses have begun settling in cryptocurrency with their partners abroad. Although these are still small-scale payments, government officials have noted their increase, which…
Continue ReadingThe new crypto sanctions imposed by the European Union are likely to spur the development of the country’s digital asset market, according to a Russian lawmaker. Anatoly Aksakov, who chairs…
Continue ReadingMembers of the European Parliament have called for “effective taxation” of crypto assets and “better use of blockchain” to counteract tax evasion. A resolution aiming to achieve both objectives has…
Continue ReadingCentral Bank of Russia has introduced digital assets, including the digital version of the Russian ruble, to the recently published draft of the new banking chart of accounts. In the…
Continue ReadingAccording to a recent filing, Blackrock, the multi-national investment company based in New York City and the world’s largest asset manager, has plans to create a new exchange-traded fund (ETF)…
Continue ReadingThe Moscow Exchange has proposed to legalize the issuance of receipts for digital financial assets. The trading platform says this will allow custodians to offer clients who are not ready…
Continue ReadingTo shed light on the protocol’s successes, Polkadot insiders have been providing key data. As it stands, these accomplishments are very helpful to the overall ‘well-being’ of DOT. However, the…
Continue ReadingAn international group of experts with extensive background in public and corporate governance will advise global cryptocurrency exchange Binance on regulation. The move is an indication of Binance’s focus on…
Continue ReadingMajor government institutions in Moscow, the central bank and the finance ministry, have aligned their positions on the regulation of cryptocurrency mining in the Russian Federation. The respective bill will…
Continue ReadingBitcoin immediately felt the impact of Wednesday’s Federal Reserve interest rate increase and failed to gain upward traction. Other macroeconomic variables also contributed to the decline of the world’s leading…
Continue Reading“Staying at the forefront of digital innovation is a key priority for Nomura,” said president and group CEO of Nomura Holdings Kentaro Okuda. Nomura, one of the largest investment banks…
Continue ReadingThe crypto market might have been painted in red and on a decline for the past few weeks, but that doesn’t mean cryptocurrencies stopped growing, at least in terms of…
Continue ReadingThe White House has now released what it called its “first-ever” comprehensive framework for the responsible development of digital assets just over six months after U.S. President Joe Biden signed…
Continue ReadingThe Treasury’s Office of Foreign Asset Control (OFAC) has published a specially designated nationals list update (OFAC’s SDN List) that lists a number of individuals accused of being involved with…
Continue ReadingRussian companies may start transacting in cryptocurrency with partners abroad as early as next year and will be free to pick the coin they want to use, officials in Moscow…
Continue ReadingAbu Dhabi Global Market’s financial regulator, the Financial Services Regulatory Authority (FSRA), recently unveiled six principles that will guide its “approach to virtual asset regulation and supervision.” Though not legally…
Continue ReadingThe new Conservative Party of Canada leader has previously advocated for financial freedom through crypto tokens, smart contracts and decentralized finance. Canadian politician and noted crypto advocate Pierre Poilievre has…
Continue ReadingRussia’s leading technology company, Rostec, is working on a project to integrate digital assets into cross-border trade. The state-owned corporation says the market is interested in cryptocurrency payments which can…
Continue ReadingRecognizing existing demand for non-fungible tokens, or NFTs, one of the largest banks in Russia, Sberbank, now intends to allow users to issue them on its blockchain platform. The financial…
Continue ReadingThailand’s securities regulator recently said it had referred digital asset service provider Zipmex and its Thai unit chief executive officer, Akalarp Yimwilai, to a technology crime division of the Royal…
Continue ReadingAlmost 70 million people around the world use blockchain wallets, and the average daily trade volume for cryptocurrencies has soared to more than $130 billion. Cryptocurrency will have a significant impact…
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