Blockchain & Digital Assets

November 24, 2024 @ 6:42 pm By Michael Wong  |  

Australia’s Department of the Treasury has initiated a consultation on implementing the Organisation for Economic Cooperation and Development’s (OECD) Crypto Asset Reporting Framework (CARF). The framework is designed to enhance tax transparency and improve compliance by standardizing the collection and exchange of tax-related information on… Read More

November 24, 2024 @ 6:40 pm By Michael Wong  |  

South Korea’s Financial Supervisory Service (FSS) plans to enhance the monitoring of abnormal transactions in virtual asset exchanges as market volatility intensifies, particularly following the U.S. presidential election. This move aims to address gaps in current systems and bolster consumer protection measures. Virtual asset exchanges… Read More

November 23, 2024 @ 6:24 pm By Tony Zerucha  |  

Tim Kravchunovsky, founder and CEO of the decentralized telecommunications network Chirp, fears the incoming chair of the Federal Communications Commission, Brendan Carr, could stifle the decentralized telecommunications industry if he moves to repeal net neutrality once again. While Carr’s anti-Big Tech stance could be helpful… Read More

November 23, 2024 @ 5:53 pm By Omar Faridi  |  

The Commodity Futures Trading Commission’s (CFTC) Global Markets Advisory Committee, sponsored by Commissioner Caroline D. Pham, advanced a recommendation to expand the use of non-cash collateral through the use of distributed ledger technology. The GMAC’s Digital Asset Markets Subcommittee presented on the progress of its… Read More

November 23, 2024 @ 5:44 pm By Tony Zerucha  |  

Bitcoin has hit yet another all-time high, surging past $99,600 on Nov. 26. Be patient, don’t sell, and you could be rewarded in a few short weeks, deVere Group CEO Nigel Green predicted. While he once predicted Bitcoin could hit six figures, look for it… Read More

November 22, 2024 @ 4:39 pm By Omar Faridi  |  

Crypto.com announced the acquisition of Charterprime Ltd., a global financial exchange and brokerage service that holds an Investment Dealer Licence and Global Business Licence issued by the Financial Services Commission of Mauritius. With this acquisition, the Crypto.com enterprise explained in a blog post that it… Read More

November 22, 2024 @ 4:37 pm By Omar Faridi  |  

Consensys, the blockchain and web3 software technology company, shares the findings of its “Web3 Workforce Survey,” one of the most comprehensive workforce surveys in the web3 space, conducted through YouGov, an international online research data and analytics technology group. The research reveals record-high confidence in… Read More

November 22, 2024 @ 4:34 pm By Omar Faridi  |  

BitGo Singapore Pte. Ltd., a subsidiary of BitGo, Inc., announced its official launch to provide regulated digital asset custody, trading, settlement, and token management services to the APAC region. The launch comes after BitGo obtained its Major Payment Institution License from the Monetary Authority of… Read More

November 22, 2024 @ 4:33 pm By Omar Faridi  |  

SOLOWIN HOLDINGS (Nasdaq: SWIN), a financial services firm providing high-net-worth and institutional investors with solutions across traditional and virtual assets, announced its partnership with Zodia Custody, a digital asset custodian backed by Standard Chartered, which has been selected by NASDAQ as a new core custodian… Read More

November 22, 2024 @ 10:56 am By JD Alois  |  

On November 18th, Trump Media (NASDAQ:DJT) filed a Trademark application for TRUTHFI, a crypto service. This report follows the news that Trump Media was in discussion to acquire Bakkt (NYSE:BKKT), a crypto trading platform controlled by ICE, the parent company of the New York Stock Exchange…. Read More

November 22, 2024 @ 10:29 am By Omar Faridi  |  

CF Benchmarks has reportedly added Bullish as Constituent Exchange for the “trusted” institutional Bitcoin index, CME CF Bitcoin Reference Rate. Bullish Exchange has officially joined a select list of “rigorously” vetted, “high-integrity,” Constituent Exchanges for CME CF Bitcoin Reference Rates CF Benchmarks, the UK FCA-regulated… Read More

November 22, 2024 @ 6:25 am By Omar Faridi  |  

Anchorage Digital, the crypto platform for institutions,  announced support for Bitcoin (BTC) staking on the Babylon bitcoin staking protocol, which is expanding its staking capacity with the beginning of Cap-3 in its mainnet Phase-1. Cap-3 reportedly removes limitations and enables institutional participation. BTC staking marks… Read More

November 21, 2024 @ 9:59 pm By Omar Faridi  |  

Archax, the FCA-regulated exchange, broker and custodian for digital assets, announced that it has added State Street, Fidelity International and Legal & General Investment Management (LGIM) funds to the range of tokenized real-world assets (RWAs) that it offers. Starting with offering tokenized access to certain… Read More

November 21, 2024 @ 9:56 pm By Omar Faridi  |  

Chainalysis are pleased to share the fifth annual Chainalysis Global Crypto Adoption Index. In each year’s report, they look at both on- and off-chain data “to determine which countries are leading the world in grassroots crypto adoption.” Chainalysis research highlights countries “where unique cryptocurrency use… Read More

November 21, 2024 @ 5:25 pm By Omar Faridi  |  

Crypto.com and Triple-A announced a partnership that will provide Crypto.com’s customer base access to a range of new merchants. Beginning in Singapore, Crypto.com users can soon make purchases from e-commerce brands directly with crypto from “within their trusted Crypto.com wallet while earning exclusive crypto rewards.”… Read More

November 21, 2024 @ 2:52 pm By JD Alois  |  

Earlier today, the Consumer Financial Protection Bureau (CFBP) issued final rules on non-bank firms providing payments and transfers. Digital payments have become the norm as people adopt digital wallets, hosted on their smartphones, as simpler and quicker way to transfer funds. While there are many… Read More

November 21, 2024 @ 8:22 am By JD Alois  |  

Mercuryo has launched a new program that aims to support 30 Web3 startups. Mercuryo is a payments enabler that seeks to create “a new generation of financial services” by leveraging crypto. The company says that it has decided to support Web3 entrepreneurs as it is… Read More

November 20, 2024 @ 9:31 pm By Omar Faridi  |  

Blockstream, the global enabler of Bitcoin infrastructure technology, has announced a newly-established Asset Management Division at Blockstream aimed at bridging the gap between Bitcoin and mainstream finance. Hedge fund professional Sean Bill has been appointed as Chief Investment Officer to lead this initiative. An investor… Read More

November 20, 2024 @ 3:25 pm By JD Alois  |  

The Bitcoin bulls are clearly in charge. Bitcoin (BTC), the world’s most popular crypto, has rocketed by more than 30% since the election of former President Donald Trump, a digital asset advocate. As Republicans control both the House and Senate—along with the Executive branch —anticipation… Read More

November 20, 2024 @ 10:59 am By Omar Faridi  |  

Ripple is pleased to announce Unlocking Opportunity, which is described as the next phase of their partnership with Mercy Corps Ventures (MCV) supporting emerging market SMEs building solutions for financial “resilience” via blockchain and Fintech innovation. The partnership will include financial and technical support from… Read More