The Hong Kong Securities and Futures Commission (SFC) plans to approve more cryptocurrency exchanges to operate in Hong Kong by …
Latest in digital assets
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On October 5th, Telegram introduced a new feature called “Gifts” that allows users to send each other animated images of …
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Global Adoption
United Arab Emirates Exempts Crypto Transactions From Value-Added Tax
by Terron Goldby Terron GoldThe United Arab Emirates (UAE) has amended its value-added tax (VAT) regulations to exempt transactions involving virtual assets, including cryptocurrencies. …
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On Oct 5. a CryptoPunk NFT sold for 24,000 ETH (or around $56.2 million at current prices), sending Crypto Twitter …
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U.S. Regulation
Congressman Demand Clarity on Crypto Airdrops From SEC Chair Gary Gensler
by Terron Goldby Terron GoldIn a letter to the U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, Representative Tom Emmer (R-MN)—the House Majority …
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The U.K. government introduced a bill to Parliament touching on the legal status of digital assets including cryptocurrencies, non-fungible tokens (NFTs) and …
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U.S. Regulation
Wyoming Aims to Launch ‘Dollar-Dependent’ Stablecoin in Q1 2025
by Terron Goldby Terron GoldThe U.S. State of Wyoming plans to launch a dollar-based stablecoin in the first quarter of 2025. Known as the …
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Global Adoption
China Classifies Crypto Transactions as Money Laundering in Update to AML Law
by Terron Goldby Terron GoldOn Monday, Chinese authorities explicitly recognized “virtual asset” transactions as a method of money laundering, marking the first instance in …
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NFTs
$24 Million Dollar Alien CryptoPunk Finds ‘New Home, X/Twitter Reacts
by Terron Goldby Terron GoldAn Alien CryptoPunk that sold for $24 million in February 2022 has a new owner. Deepak Thapliyal, Chain CEO and …
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Blockchain
Federal Reserve Takes Enforcement Action Against Customers Bank Digital Assets
by Terron Goldby Terron GoldCustomers Bancorp operates a 24/7 DLT-based payment system, Customers Bank Instant Token (CBIT), which is used by many companies in the digital …
