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G20 Nations Actively Discussing Crypto Framework, Says Indian Finance Minister
6.9.2023
The G20 countries are actively discussing a global framework for crypto assets under India’s presidency, Finance Minister Nirmala Sitharaman has revealed. “India’s presidency has put on the table key issues related to regulating or understanding that there should be a framework...
Singapore Elects President Who Advocates ‘One Regulatory System’ for Crypto and Traditional Finance
6.9.2023
Tharman Shanmugaratnam, the former deputy prime minister and central bank chairman of Singapore, has been elected as the new president of the country. The Singaporean president-elect, who advocates for a single regulatory system for both crypto and traditional finance, wants to make sure that...
Report Reveals 88,200 Millionaires Built Wealth Through Cryptocurrency
5.9.2023
A study by Henley & Partners, an investment migration consultancy in London, reveals an interesting insight: of the world’s 56.1 million millionaires, a notable 88,200 have earned their fortunes in cryptocurrency. Crypto’s Elite: How Bitcoin and Cryptocurrency Carved Out a...
Japan Financial Regulator Moves To End “Paper Profits” Tax On Digital Assets
5.9.2023
Japan’s top financial regulator, the Financial Services Agency (FSA) has proposed key amendments to the nation's tax code relating to profits on digital assets.
According to local news outlets, the Agency’s proposal to change the tax code is in line with several calls by industry executives...
Crypto Betting Platform Stake.com Comfirms Hacking Incident, Over $40 Million Worth of Assets Stolen
4.9.2023
Crypto betting platform Stake.com confirmed on Sept. 4 that an unknown entity had carried out unauthorised transactions from its ethereum and Binance Smartchain hot wallets. However, the crypto-betting platform insisted that user funds were safe and that its other hot wallets remain operational....
LSE Group begins exploring blockchain for traditional financial assets
4.9.2023
The LSE Group, which stands for London Stock Exchange Group, has said that it is venturing out to explore the possible use cases of blockchain technology for traditional financial assets. Blockchain technology is known to support crypto assets like BTC and ETH. However, the Group is in talks...
Report: London Stock Exchange Group Mulls Blockchain-Based Trading for Traditional Financial Assets
4.9.2023
The London Stock Exchange Group (LSEG) is exploring the potential for using blockchain to offer extensive trading of traditional financial assets, a company executive told the Financial Times on Monday.
Per Murray Roos, head of capital markets at the LSEG, the company has reached an “inflection...
South Korea plans to submit bill to freeze North's crypto assets: Report
4.9.2023
The cybersecurity bill's latest version reportedly contains ways to "track and neutralize" crypto and digital assets stolen by North Korea, according to a local media report
Crypto ETF Opportunity Doesn't Stop at Bitcoin, Extends Into Multiple Digital Assets: Bernstein
4.9.2023
The industry push for an ether spot ETF will follow immediately after a bitcoin ETF approval since ETH has a similar market structure of a traded CME futures market and a spot market, the report said
London Stock Exchange to create traditional assets trading platform on blockchain
4.9.2023
The LSE Group has been exploring how blockchain can improve traditional asset trading, according to an executive
LSE Group Plans to Offer Blockchain-Powered Market for Traditional Assets: Report
4.9.2023
LSE is considering using a separate entity for the blockchain-based markets business, according to the Financial Times
China Court Classifies Digital Assets As Property Despite Blanket Ban By Government
1.9.2023
A People’s Court in China has stated that under the existing legal framework, digital assets have economic value and are still legal property backed by law.
In a recently published report cited by local media analyzing the legality of cryptocurrencies, the court highlighting the criminal...
All about Benzinga’s Future of Digital Assets Conference
1.9.2023
Benzinga, the leading financial media company for next-generation investors, is excited to announce a robust lineup of speakers that includes the world’s top investors, founders, and entrepreneurs for its annual Future of Digital Assets Conference on November 14 in New York City. This...
Just Over Half of Turkey’s Adults Invested in Crypto Assets Between Nov. 2021 and May 2023 — Study
1.9.2023
In the 18 months between Nov. 2021 and May 2023, the proportion of Turkish adults who invested in cryptocurrencies grew from 40% to 52%, data from the latest Kucoin report has shown. The report also revealed that 54% of Turkish adults who invested in crypto for the first time in the past year were...
China court declares virtual assets as legal properties protected by law: Report
1.9.2023
Despite a blanket ban on cryptocurrencies imposed by Beijing in 2021, many Chinese courts over the years have established that virtual asset holders have property rights
Nexo Mastercard Adds Credit and Debit Toggle to Optimize Crypto Usage
1.9.2023
Nexo has introduced a new “Dual Mode” feature on its cryptocurrency Mastercard, allowing users to switch between debit and credit functions to optimize cryptocurrency spending. Nexo Unveils Dual Mode Card Capabilities to Streamline Crypto Payments Nexo‘s new feature enables...
The Trillion Dollar Crypto Opportunity: Real World Asset Tokenization
31.8.2023
Going by technology theorist Carlota Perez's research, "RWAs" may be the next phase of substantive crypto development
South African Crypto Premium Surge After Kraken Abruptly Starts Blocking Deposits by Local Residents
31.8.2023
The premium on crypto assets listed on South African exchanges briefly surged to 3.5% after Kraken’s abruptly started blocking deposits from users based in the African country. Some South African crypto experts have linked Kraken’s decision to the Financial Action Task Force’s...
Swiss SEBA Bank Obtains In-Principle Approval to Offer Crypto Services in Hong Kong
31.8.2023
Switzerland-based crypto-friendly SEBA Bank announced it has received an approval-in-principle to operate in Hong Kong. The regulatory nod brings the Swiss bank’s local entity closer to becoming a licensed provider of various services for crypto assets in the Chinese region. SEBA Bank Takes a Step...
BlockFi Seeks Court Approval to Convert Users’ “Trade-Only” Wallet Assets to Withdrawable Stablecoins
30.8.2023
Bankrupt crypto lender BlockFi has filed a motion for order in the US bankruptcy court for the District of New Jersey, seeking permission to convert "trade-only" wallet assets into stablecoins, “that wallet users could then withdraw.”
According to the proposal, these assets comprise less than...