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Taiwan’s FSC Sets Up Financial Technology Bureau to Oversee Crypto: Report


Source: Pixabay Taiwan’s Financial Supervisory Commission (FSC) has set up a Financial Technology Bureau to oversee cryptocurrencies to protect investors and increase regulation, according to a Taiwanese news report by United Daily News (UDN). FSC chairman Huang Tian has confirmed the Executive...

Reebok’s Blockchain-Powered Gaming Experience Set to Transform Fashion


Source: Futureverse, Reebok AI and metaverse technologies firm Futureverse and American sports culture brand Reebok have joined hands to create AI, Web3, blockchain-based gaming, and metaverse experiences. While the two are expected to make digital versions of Reebok wearables linked...

Do Kwon to be Extradited to the United States: Report


Terraform Labs’ founder, Do Kwon, is set to be extradited to the U.S. following months of speculation, according to a report from the Wall Street Journal released Thursday. “Not excluding that kind of possibility” Kwon has been imprisoned in Montenegro since authorities caught...

One Trading Set To Launch New Trading Venue


Source: Pixabay Crypto exchange One Trading will launch its new trading venue in the next few weeks. The Block reported on Thursday that the crypto exchange, which emerged as a spin-off from Bitpanda in June this year, is set to introduce its new trading venue, F.A.S.T. One Trading claims that...

FTX Ad Hoc Committee Prepares Amended Reorganization Plans Set for December


Source: Adobe The FTX 2.0 customer ad hoc committee of the now-defunct crypto exchange has received a response to the letter sent to its official arm. In a letter dated December 4, 2023, the Official Committee of Unsecured Creditors (UCC), overseeing the bankruptcy of the FTX exchange, acknowledged...

Robinhood Launches Commission Free Crypto Trading App in EU


Source: Adobe Robinhood is expanding its services in the European Union (EU) by launching commission-free crypto trading.  The move comes just a week after the company made its international debut with stock-broking services in the UK.  The Robinhood app, set to go live on Thursday, will enable...

UNDP and Algorand Foundation to Launch Blockchain Academy in Q1 of 2024


The United Nations Development Programme together with the Algorand Foundation are set to launch a blockchain academy in the first quarter of 2024. The objective of the academy is to provide the UNDP’s employees “with knowledge and insights into the applications of blockchain...

SocGen’s Own Stablecoin Set to Debut Trading on Bitstamp Exchange


Source: AdobeStock / AUFORT Jérome French banking giant Societe Generale is listing its stablecoin, dubbed EUR CoinVertible, on the Luxembourg-based Bitstamp crypto exchange. EUR CoinVertible will be fully backed by Euros and issued on the Ethereum public blockchain, SocGen said in a release....

Japan to Exempt Companies From Unrealized Crypto Gains Tax – Report


Source: Pixabay Japanese lawmakers discussed Tuesday on plans to exempt companies from paying tax on unrealized cryptocurrency gains. The proposal is set to be included in the fiscal 2024 tax reform plan. According to a Nikkei report, the proposal is being discussed by the country’s ruling...

XRP poised for impact as crypto industry set to become 100x bigger


Cryptocurrencies have become one of the most important financial innovations in the modern world. These digital assets built on blockchain technology facilitate easy and trustworthy transactions with reduced risk, which makes people and institutions go for them. In the wide variety...

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