Cryptocurrency exchange Kraken – one of the world’s oldest – has disclosed a bug that apparently allowed certain customers to purchase Bitcoin at $8,000 and sell it for $12,000…
Brooklyn Nets player Spencer Dinwiddie will turn his $34 million contract with the National Basketball Association (NBA) into a tokenized bond. The NBA guard is looking to securitize his contract with the help of digital tokens…
The Central Bank of Brazil (Bacen) has officially recognized Bitcoin and cryptocurrencies as assets and, indirectly, as a means of payment. Thus, it will use the guidelines of the IMF(International Monetary fund) to classify the crypto assets in the country….
A joint request was made on June 9th to the Financial Stability Board (FSB) and global regulators. The G20 finance ministers and central bank governors requested for tracking the crypto related risks. It was presented on a joint declaration posted on the website of the Ministry of Finance, Japan. The communique was released after the […]
A big-time crypto exchange Bittrex announced it will block 32 crypto assets for US-based users. This news comes from an official Bittrex blog post. The users will get an email that will provide guidance on what they can and cannot do with such tokens before the change comes into effect The users will not be […]
The Australian Tax Office (ATO), the country’s tax agency, is investigating 12 international crypto tax avoidance schemes. The J5 (The Joint Chiefs of Global Tax Enforcement) announced the crackdown after a recent meeting. The news comes from a report of the country’s daily. The union is planning to pursue 50 global investigations. ATO’s deputy commissioner, […]
New crypto regulations passes to the upper house from the Japanese parliament. This information has come from the local news agency report. As per the report, emendations made to two of Japan’s financial laws, the Financial Instrument and Exchange Act and Payment Service Act. It aims to vitalize the provincial regulations of the crypto trading […]
ABN AMRO, a Dutch bank disavows its reveal plan about a custodial bitcoin wallet called “Wallie”. The bank abandons the launch due to endanger worries, as per a report by The Next Web. As in the report, Jarco de Swart, the ABM AMRO’S senior press officer mentions in an email that the bank is not […]
VNX Exchange, a marketplace and trading platform for tokenized venture capital, and the University of Luxembourg have partnered to ameliorate the security of crypto assets and reduce the cost of cybersecurity globally. According to the agreement, the researchers at the University’s Interdisciplinary Centre for Security, Reliability, and Trust will build new IT frameworks for better exchange security.