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Thai regulators team up to issue guidelines on digital assets payments
25.1.2022
The joint committee of BOT, SEC and MOF believes the current payment infrastructure is efficient and digital assets would add no extra benefits
Low Volumes Across Crypto Spot Markets and Derivatives Indicate Bearish Conditions
23.1.2022
Digital currency markets have slipped significantly in value during the last two weeks and the lower prices have not sparked higher trade volumes. Data shows cryptocurrency spot market volume has slipped from $1.4 trillion in November 2021, to this month’s $593 billion in volume. Bitcoin...
Indonesian Religious Organization Issues Decree Forbidding Use of Crypto by Country’s Muslim Population
21.1.2022
Indonesia’s Tarjih Council and the Central Executive Tajdid of Muhammadiyah have issued a fatwa (decree) stipulating the illegality of cryptocurrency use or investment by the country’s Muslims. The fatwa points to the volatility as well as the lack of state backing as reasons...
Laos Licenses 2 Cryptocurrency Trading Platforms
21.1.2022
The central bank of Laos has issued licenses to two cryptocurrency trading platforms. Lao Digital Assets Exchange (LDX) and Bitqik are now the only two licensed entities that can offer full brokerage and trading services in cryptocurrencies and other digital assets in the country. 2 Cryptocurrency...
Financial Market Committee Chair Aksakov Joins Calls for Identification of Russian Crypto Owners
19.1.2022
Anatoly Aksakov, head of the Financial Market Committee at the Russian parliament, has reiterated a warning for cryptocurrency investors and insisted that Russians owning coins should declare their digital assets. The parliamentarian also urged for the comprehensive regulation of crypto mining...
Fintech startup Milo is offering 30-year 'crypto-mortgages'
19.1.2022
Consumers will be able to leverage their BTC holdings and digital assets to purchase real estate in the U.S
Fidelity Expects More Countries to Acquire Bitcoin Citing ‘Very High Stakes Game Theory’
17.1.2022
Fidelity expects more sovereign nation states, or even a central bank, to acquire bitcoin this year. “There is very high stakes game theory at play here, whereby if bitcoin adoption increases, the countries that secure some bitcoin today will be better off competitively than their...
Robinhood on Listing More Cryptocurrencies: ‘It’s Important That We Get a Bit More Clarity From Regulators’
17.1.2022
Robinhood’s chief financial officer has revealed the popular trading platform’s crypto priority and the potential of listing more cryptocurrencies. “We’re a highly regulated company in a highly regulated industry, and we think it’s important that we get a bit more...
IMF: Crypto Could Soon Pose Risks to Countries’ Financial Stability
15.1.2022
Economists at the International Monetary Fund (IMF) say that “crypto assets are no longer on the fringe of the financial system.” In addition, they “could soon pose risks to financial stability especially in countries with widespread crypto adoption.” ‘Our...
Political Parties in Thailand Voice Opposition to Government Plan to Tax Crypto Gains
13.1.2022
As Thailand prepares to impose a levy on crypto profits, parties on both sides of the aisle have expressed concerns over the government’s current proposal. A number of political figures have insisted that important aspects need to be clarified in order to avoid double taxation of income...
UK Lawmakers Form Crypto and Digital Assets Group to Ensure Regulation Supports Innovation
11.1.2022
U.K. lawmakers have formed the Crypto and Digital Assets Group to ensure that new rules for the crypto industry support innovation. “We are at a crucial time for the sector as global policymakers are also now reviewing their approach to crypto and how it should be regulated,” said...
Estonia Offers to Share Crypto Experience With US to Identify Best Practices for Digital Assets
11.1.2022
Estonian Finance Minister Keit Pentus-Rosimannus has offered to share her country’s experience in regulating cryptocurrencies with the U.S. in a discussion with Treasury Secretary Janet Yellen. Estonia Offers to Share Crypto Experience With the US U.S. Treasury Secretary Janet Yellen...
Dacxi Announces Global Tokenized Crowdfunding Solution – the Dacxi Chain
5.1.2022
PRESS RELEASE. Dacxi has announced the Dacxi Chain – the world’s first tokenized crowdfunding system that demonstrates the revolutionary commercial potential of blockchain. Tokenization of digital assets will change how the world does business – in particular how new ventures...
Presidential Candidate in South Korea to Raise Funds in Cryptocurrency, Issue NFTs
3.1.2022
Lee Jae-myung, nominated by the ruling party in South Korea for the upcoming presidential elections this spring, is preparing to raise funds in cryptocurrencies and issue non-fungible tokens for supporters. His campaign hopes that the initiative will woo young and tech-savvy Korean voters whose...
Shiba Inu Project Reveals ‘Doggy DAO,’ Devs Say Phase 1 to Provide ‘Immediate Power to the SHIB Army’
1.1.2022
During the last half of 2021, decentralized autonomous organizations (DAO) have been popping out of the woodwork in mass numbers, airdropping tokens and creating governance systems for specific projects. Just before the end of the year on December 31, the developers behind the Shiba Inu crypto...
Ex-Head of Crypto Exchange Wex Released in Poland
1.1.2022
Former chief executive of the Russian cryptocurrency exchange Wex, Dmitry Vasiliev, has been released from arrest in Warsaw earlier this month. The ex-head of the now-defunct coin trading platform has since returned to Russia while court proceedings against him in Poland are still ongoing. Polish...
South Korean Lawmaker Says He Will Start Accepting Crypto Donations in the New Year
1.1.2022
Lee Kwang-jae, a South Korean lawmaker, recently stated that he will be accepting cryptocurrency donations starting mid-January 2022. According to the politician, this plan represents his attempt to raise awareness about cryptocurrencies and non-fungible tokens among South Koreans. Donations to...
Donated or Inherited Virtual Assets to Be Taxed by South Korea’s NTS
31.12.2021
Starting in the year 2022, donated or inherited virtual assets will be assessed and taxed accordingly, South Korea’s National Tax Service has said. Dunamu, Bithumb Korea, Korbit, and Coinone are the new virtual asset service providers (VASPs) tasked with evaluating digital assets for such...
Pakistan Freezes Over 1,000 Accounts and Cards Used For Crypto Trading
30.12.2021
Authorities in Pakistan have reportedly moved to seize hundreds of bank accounts and cards belonging to cryptocurrency traders. According to local media, they have been allegedly used to make transactions worth close to $300,000 through digital asset exchanges, including major platforms. Pakistan...
New Age DAM APIs to Simplify Your Media Workflows
30.12.2021
(This is a sponsored post.)
High-velocity, online businesses produce multiple digital assets like banners, images, videos, PDFs, etc., to promote their businesses online. For such businesses, Digital Asset Management (DAM) solutions are essential. These solutions help centrally store, manage...