Singapore’s DBS Bank to Launch Retail-Focused Crypto Trading Desk in 2022


  The major Singapore-based bank DBS confirmed that it is planning to launch a retail-focused crypto trading desk in 2022, after last year doing the same for accredited investors and corporate customers. The plans include an online portal that allows clients to place orders for various digital...

UK Tax Authority Confiscates 3 NFTs in Fraud Case as a First


  As part of its probe into a potential value-added tax (VAT) fraud, UK tax authority Her Majesty's Revenue and Customs (HRMC) has confiscated three non-fungible tokens (NFTs) in what represents the first seizure of such assets by a British government institution. On HMRC’s initiative, three...

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