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Japanese Securities Giant SBI Completes Takeover of Crypto Exchange Bitpoint


The Japanese securities giant SBI has completed a takeover of the rival crypto exchange Bitpoint. The move consolidates the firm’s increasingly tight grip on the domestic crypto market – and marks the second time it has taken over a domestic rival.... Read More: Japanese Securities Giant...

NFEX Raises $3M Seed Round to Build NFT Derivatives DEX


PRESS RELEASE. NFEX has completed a $3 Million seed round led by ABCDE Capital and included investment from other well-known institutions including Amber Group and Firestone Ventures. NFEX strives to build the best derivative NFT market, creating new opportunities to attract greater liquidity...

Income Tax Applies to Crypto Trading in Bosnia, Tax Administration Says


Individuals are expected to pay income tax on gains from cryptocurrency trading, the tax authority of Bosnia has determined. In the absence of dedicated regulations, the federal government in Sarajevo has set up a working group to assess various risks associated with digital assets. Income Tax...

Microsoft Reportedly Shutting Down Industrial Metaverse Focused Group


Software giant Microsoft is shutting down one of its most significant groups dedicated to the development and promotion of the industrial metaverse. According to reports, the company terminated its whole Industrial Metaverse Core group, which was composed of 100 employees, as part of...

Seoul Sanctions North Korea Over Crypto Theft


South Korea has imposed sanctions on the North in relation to a number of cyberattacks often resulting in the theft of cryptocurrency. The authorities in Seoul say the regime in Pyongyang is using the digital assets to fund its nuclear and missile development projects. South Korea Hits North Korean...

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