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ECB official proposes unified European ledger for digital assets
7.10.2024
European Central Bank executive board member Piero Cipollone would like to see a sort of European union for digital assets
AI Cryptos Spike as Broader Market Stays Flat, Sector Nears $30B Milestone
7.10.2024
While the crypto market’s overall capitalization has only ticked up by 0.28% over the past day, reaching $2.19 trillion, the artificial intelligence (AI) crypto economy has made more noticeable gains, climbing 5.4% to hover above the $29 billion mark. AI Crypto Sector Jumps 5.4% to $29B...
CoinDesk 20 Performance Update: UNI Surges 7.9% as Index Rises
7.10.2024
NEAR joined Uniswap as a top performer, gaining 5.0%
Europe not in top priority for Sam Altman’s Worldcoin: Report
7.10.2024
An exec said Worldcoin is seeing a “larger dynamic” in non-European countries, including those in the Asia-Pacific region and Latin American jurisdictions
Bitcoin Miner Marathon's Anduro Unveils Tokenization Platform, Starts With Whiskey
7.10.2024
Anduro has developed the RWA project Avant alongside tokenization platform Vertalo
WEF recommends ‘Sandbox-first approach’ for DeFi adoption
7.10.2024
The World Economic Forum has recommended using regulatory sandboxes to foster decentralized finance innovation while mitigating risks
NFTs weekly sales volumes hit highest level since August
7.10.2024
NFT sales volumes for the week ending Oct. 6 hit nearly $85 million, the biggest selling week for NFTs since the end of August
IMF Urges El Salvador to Tighten Bitcoin Law and Strengthen Oversight
7.10.2024
The International Monetary Fund (IMF) has advised El Salvador to narrow the scope of its bitcoin law, strengthen regulation and oversight of the cryptocurrency, and limit public sector exposure. The IMF remains engaged with the country to support reforms and ensure bitcoin adoption does...
Crypto Fraud Ring Dismantled by Vietnamese Authorities
7.10.2024
Vietnamese authorities have reportedly dismantled a cross-border fraud ring involved in romance scams and fraudulent cryptocurrency schemes. Led by foreign criminals, the group operated from Laos and defrauded victims of tens of billions of dong. Key Vietnamese suspects, trained in digital...
UAE Introduces Retroactive VAT Exemptions for Crypto Transactions
7.10.2024
The United Arab Emirates has introduced VAT amendments that impact crypto transactions, redefining tax obligations for companies in the digital asset space. Under the new rules, businesses dealing with cryptocurrencies and other digital assets must carefully evaluate their tax positions, especially...
Australian Police Seize $9.3M in Crypto, Bust Mastermind Behind Ghost Platform
7.10.2024
The Australian Federal Police have taken a major step against organized crime by seizing $9.3 million in cryptocurrency. The operation uncovered a secret encrypted communication platform, Ghost, leading to the arrest of its alleged mastermind. Through digital forensics, authorities cracked...
Swift to Pilot Digital Asset and Currency Transactions in 2025
7.10.2024
Swift will begin live trials for digital asset and currency transactions in 2025, engaging banks across North America, Europe, and Asia in a major step toward real-world applications. By leveraging its existing network, Swift aims to merge digital and traditional assets, addressing the challenges...
UAE exempts crypto transfers, conversion from value-added tax
6.10.2024
The UAE has exempted cryptocurrency transfers and conversions from value-added tax, positioning itself as a more crypto-friendly jurisdiction for digital asset transactions
Telegram to enable NFT conversion for new Gifts feature
6.10.2024
While Telegram did not specify a specific date for implementing NFT support for Gifts, its CEO said that the feature will be launched “later this year.”
Paypal Completes First Corporate Transaction Using PYUSD Stablecoin
6.10.2024
Paypal has made a significant step in corporate payments by completing its first transaction using its stablecoin Paypal USD (PYUSD). This milestone highlights the role digital currencies can play in streamlining cross-border transactions, with Paypal partnering with Ernst & Young LLP. Paypal...
Will Satoshi be revealed? Banks to join SWIFT digital asset trials and more: Hodler’s Digest, Sept. 29 – Oct. 4
6.10.2024
HBO’s Money Electric: The Bitcoin Mystery, Banks to join SWIFT digital asset trials in 2025: Hodlers Digest
Bitwise Plans ETF Merger, Aims to Launch Momentum-Based Bitcoin and Ether Fund
5.10.2024
Asset manager Bitwise has filed a proposal with the U.S. Securities and Exchange Commission (SEC) to merge three bitcoin and ethereum futures exchange-traded funds (ETFs) into a single fund. This new fund will utilize a momentum-based strategy, targeting both bitcoin and ether futures. Bitwise...
Institutional Investors Predict Surge in Digital Asset Fund Launches, Research Finds
5.10.2024
Institutional investors and wealth managers anticipate a sharp increase in digital asset fund launches, with 70% of those surveyed expecting a rise over the next 12 months, according to new research by Nickel Digital Asset Management. 92% of respondents also foresee traditional financial...
Standard Chartered Sees Buying Opportunity as Bitcoin Nears $60K Dip
5.10.2024
Standard Chartered has cautioned that bitcoin could drop below $60,000 due to rising geopolitical tensions in the Middle East. While the bank sees this as a buying opportunity, it also highlights the unique relationship between BTC’s price and the U.S. presidential race. Former President...
BTC miners are ideal energy consumers, but regulators need to catch up — Hive
4.10.2024
According to Hive’s CEO, data centers have the potential to enhance grid stability, especially as the transition to renewable energy introduces more volatility into power systems