Crypto Biz: Stablecoins wave, crypto trading via UAE banks, and more

The Russian army has begun a military operation in Ukraine as missile explosions have been heard surrounding several areas, including the capital of Kiev. Markets have dropped in response. 251 Total views 2 Total shares Global crypto and stock markets plunged after Russian President Vladimir Putin announced on a national broadcast that his army would…

General counsel to Compound Labs, Jake Chervinsky, has warned that the Treasury Department wants to “capture” the DeFi sector through the crypto provisions added to the infrastructure bill. 208 Total views 84 Total shares The last-minute cryptocurrency provisions added to the U.S. infrastructure bill sought to “capture DeFi,” argues Compound’s general counsel Jake Chervinsky.Appearing on…

One of the crypto industry's major players seeks to boost the public debate on how to best fit digital assets into the regulatory perimeter. 57 Total views 3 Total shares On Oct. 14, cryptocurrency exchange platform Coinbase published its Digital Asset Policy Proposal, a document offering both a justification and conceptual framework for comprehensive regulation…

The Thai Revenue Department is looking to impose a 15% capital gains tax on crypto trading. 259 Total views 2 Total shares A former deputy secretary-general of Thailand’s Security and Exchange Commission (SEC), Tipsuda Thavaramara, has come out to question the legitimacy of crypto taxation in the country.According to a report by local newspaper The…

A closer look at the role that International Securities Identification Numbers may take in the harmonization of standards for identifying digital assets. 247 Total views 45 Total shares Institutional interest in digital assets has been growing. The Chicago Mercantile Exchange’s volume of Bitcoin (BTC) options hit a high of $40 million on May 13, 2020.…

Blockchain company Dispatch Labs is incurring considerable losses despite extensive investment and a recovering cryptocurrency market, technology-focused news outlet Cryptobriefing reported on June 14.Initially, Dispatch Labs received funding from its executive team, subsequently raising over $13 million in a series of private rounds from other investors such as China-based capital firm Fenbushi Capital during the…

Finance blogger The FI Explorer didn’t invest in cryptocurrency in order to retire early — but unlike many of the newly minted crypto rich, he did set out to retire early. The FI Explorer, also known as Jason, is part of the FIRE community — financial independence, retire early — where adherents save up to…

Monday, Sept. 23 — Major cryptocurrency markets are reporting mixed signals today, with Bitcoin (BTC) being slightly bearish following the launch of Bakkt’s physically delivered Bitcoin futures.Market visualization. Source: Coin360The leading digital currency Bitcoin is down by 1.55% on the day to trade at around $9,813 at press time. During the day, BTC has been…

Wibbly wobbly, timey wimey stuff is about to become non-fungible. BBC Studios has officially entered the blockchain gaming space after partnering with Reality Gaming Group to develop a digital trading game for the popular TV series, Doctor Who. This marks the first time that the British public service broadcaster has used blockchain technology to market…