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Nalezeno "Digital Tokens": 49

Zimbabwe sets price to sell gold-backed digital tokens

5.5.2023
Zimbabwe's central bank plans to sell gold-backed digital tokens at $10 for individuals and $5,000 for corporates

Zimbabwe’s De-Dollarization: Central Bank to Issue Gold-Backed Digital Currency in Early May

30.4.2023
The Reserve Bank of Zimbabwe (RBZ) has said it will start issuing gold-backed digital tokens on May 8. The first phase of the launch will see the digital tokens being issued for “investment purposes with a vesting period of 180 days.” The RBZ also revealed that the gold-backed digital...

Amazon Drops NFT Bombshell: Official Email Teases Digital Tokens and Platform Gallery

27.3.2023
The e-commerce giant Amazon has officially jumped on the NFT bandwagon, an email sent out to at least one customer suggests. According to the email, Amazon has already launched some type of “digital token” that can be stored in a “gallery.” The digital tokens also appear to be something that...

Report: Thai Govt to Grant Tax Waivers to Issuers of Digital Asset Investment Tokens

10.3.2023
Thailand’s government has said companies that issue digital tokens will receive a waiver that exempts them from paying corporate and value-added tax. According to a report, the Thai government anticipates losing just over $1 billion in tax revenue as a result of the waiver. Relaxation of...

Redemption and Reshuffling: BUSD’s Exit From Top 10 Cryptocurrencies Shakes Market Valuations

6.3.2023
It has been 21 days since Paxos revealed that it would no longer mint the stablecoin BUSD. Since then, over 7 billion BUSD stablecoins have been redeemed. Prior to the announcement, BUSD was once a top-ten crypto asset. However, the top ten cryptocurrencies by market valuation have changed since...

Ebb and Flow of Stablecoin Economy Continues With BUSD’s Market Cap Dropping Below $10 Billion Range

3.3.2023
The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. Over the last 30 days, BUSD’s token supply has dropped 40% lower. In contrast, the number...

Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower

21.2.2023
Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Since then, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. Meanwhile, a data researcher from Nansen has discovered that Binance, the largest...

Former FTX Executive Accused of Fueling a Charity Through Discounted FTT Purchase

15.2.2023
A former executive of FTX allegedly earned profits for a charity by purchasing discounted FTX tokens, FTT, before they became available to the public at $0.05 per unit, according to a report citing anonymous sources. Ruairi Donnelly, the former chief of staff at FTX, has been accused of donating...

Big Banks, NY Fed Start to Test Digital Tokens for 'Wholesale' Transactions

15.11.2022
A group of major banks have commenced a pilot project alongside the Federal Reserve Bank of New York to test the feasibility of using tokens representing digital dollars to improve how central bank money is settled between institutions

Moscow Exchange Prepares to List Digital Financial Assets by Year End

21.8.2022
Russia’s largest market for equities, bonds, and derivatives, the Moscow Exchange, intends to launch a product based on digital financial assets by the end of the year, an executive has revealed. The trading platform is already working with a partner to organize the placement of digital...

Binance to Sell NFT Tickets for Major Italian Soccer Club Lazio

30.7.2022
Crypto exchange Binance will be offering NFT tickets for the games of one of Italy’s leading soccer teams, Lazio, during the upcoming season in the Italian Serie A championship. Supporters of Lazio will be able to use the tokens to also take advantage of various discounts. Lazio Fans to...

Latvian Artist Threatened With Prison for Money Laundering Through NFTs

26.7.2022
An artist from Latvia is under investigation for allegedly selling NFTs, or non-fungible tokens, to launder money, for which he may get up to 12 years in prison. The authorities have blocked his bank accounts and launched an investigation without even notifying him. Artist Who Sold Over 3,500 NFTs...

Digital Token Issued In Russia to Facilitate Investments in Palladium

20.7.2022
Transactions with digital assets backed by precious metals are beginning in Russia with the launch of a token for palladium. The rare metal, which is used in jewelry and has some high-tech applications, is not a publicly available asset in the Russian Federation. Atomyze and Rosbank Issue Digital...

Thailand Exempts Crypto Transfers From VAT Until End of 2023

25.5.2022
Authorities in Thailand have formally introduced a value-added tax (VAT) exemption for transfers of cryptocurrencies through government-approved exchanges. The tax break, in force until the end of next year, will also apply to digital currency issued by the Bank of Thailand. Royal Decrees Enforce...

Nigerian SEC Announces New Rules Governing Issuance of Digital Assets

15.5.2022
The Nigerian securities regulator has announced new rules that govern the issuing of digital assets. The new rules also include registration requirements for platforms that offer digital assets. Initial Assessment Filing The Nigerian Securities and Exchange Commission (SEC) has announced new rules...

Serbia Reviews License Applications From 3 Cryptocurrency Exchanges

26.12.2021
Three crypto exchanges have applied for licensing in Serbia, which recently adopted legislation regulating its digital asset space. The government in Belgrade expects the companies to obtain authorization within weeks and offer Serbs the option to buy and sell cryptocurrencies legally. Crypto...