News
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Australian Stock Exchange considers listing tokenized real-world assets
- June 30, 2023
- Posted by: [email protected]
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No CommentsThe Australian Securities Exchange (ASX) is exploring the possibility of listing tokenized real-world assets, according to Dan Chesterman, the ASX’s Chief Information Officer. While the direct listing of cryptocurrencies on the exchange faces challenges due to regulatory compliance, Chesterman stated that the ASX could consider listing tokenized assets that are appropriately backed, such as gold.
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Israeli authorities employ new technology to confiscate cryptocurrency from terror organizations
- June 30, 2023
- Posted by: [email protected]
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The Israeli government, in collaboration with intelligence and enforcement agencies as well as blockchain analytics firm Chainalysis, has successfully seized cryptocurrency wallets containing millions of dollars that were intended to fund terror activities. The National Bureau for Counter Terrorist Financing of Israel made the announcement on June 28, highlighting the country’s efforts in combating terrorist
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ARK Invest modifies Bitcoin ETF application to include surveillance agreement
- June 30, 2023
- Posted by: [email protected]
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ARK Invest and 21Shares have made substantial progress in launching a Bitcoin exchange-traded fund (ETF) in the United States. Their third application now includes a surveillance sharing agreement, a move that aligns it with BlackRock’s recent filing. ARK Investment Management has amended its spot Bitcoin ETF application with the US Securities and Exchange Commission (SEC),
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Japanese and Singaporean regulators collaborate on cryptocurrency pilot project
- June 28, 2023
- Posted by: [email protected]
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Japanese and Singaporean regulators have recently joined forces to collaborate on a pilot project focused on cryptocurrency. The Financial Services Authority (FSA) of Japan and the Monetary Authority of Singapore (MAS) announced their partnership on June 26 as part of MAS’s “Project Guardian” initiative. The FSA’s involvement in the project will initially be in an
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Riot Platforms plan to add 33,000 Bitcoin miners in anticipation of the 2024 halving
- June 28, 2023
- Posted by: [email protected]
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Riot Platforms, a leading global Bitcoin mining firm, has recently made a substantial investment in expanding its mining capacity. The company has purchased 33,280 “next-generation” Bitcoin miners from MicroBT for its facility in Texas, at a cost of $162.9 million. These new miners, expected to be installed in the first quarter of 2024, will significantly
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Bankrupt crypto exchange FTX recovers $7 billion in assets
- June 27, 2023
- Posted by: [email protected]
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According to the second interim report from FTX Debtors, tracing funds has proven to be an immensely challenging task, and it is evident that this difficulty was intentionally orchestrated. FTX, however, has managed to reclaim approximately $7 billion in liquid assets thus far, with the search for additional assets still ongoing, as stated by CEO
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Binance reverses decision to delist privacy coins in Europe
- June 27, 2023
- Posted by: [email protected]
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Binance, the cryptocurrency exchange, has decided to backtrack on its plan to delist several privacy coins in Europe. The reversal came after the exchange revised its operations to align with local regulations. Binance took into account feedback from the community and various projects before making this decision. In a statement received on June 26, Binance
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Amazon announces $100 million investment for generative AI innovation center
- June 27, 2023
- Posted by: [email protected]
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Amazon Web Services (AWS), the cloud computing arm of Amazon, is set to establish a cutting-edge AI center with an investment of $100 million, aiming to stay competitive in the rapidly growing market for cloud infrastructure services. As Microsoft and Google continue to make strides in the field of generative artificial intelligence (AI), AWS is
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Token issuers in Japan exempt from 30% crypto tax on unrealized gains
- June 26, 2023
- Posted by: [email protected]
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The National Tax Agency of Japan has recently made a partial revision to its corporate tax guidelines, introducing new tax regulations for token issuers. In a significant development, token issuers in Japan will no longer be required to pay corporate taxes on unrealized gains from cryptocurrencies. The law revision, which came into effect on June
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Binance.US solves USD withdrawal issues but warns it will not last long
- June 26, 2023
- Posted by: [email protected]
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Binance.US, a renowned cryptocurrency exchange operating in the United States, has finally resolved the lingering USD withdrawal concerns through collaboration with its banking partners. The subsidiary, however, has warned its users that this resolution may only be temporary. Binance.US notified its users in a recent update on June 22 that its system is currently operating