Dubai financial regulator updates crypto token rules for funds

If incorporated into U.S. tax law, the bill would require block rewards from proof-of-work and proof-of-stake networks to be taxed when sold rather than when they were acquired.

Victoria Bitter has partnered with blockchain energy trading platform Power Ledger to allow customers to earn beer with surplus solar energy. 1293 Total views 16 Total shares Asahi’s Australian lager beer subsidiary Victoria Bitter has taken a step toward sustainability by allowing customers to earn a pint with solar energy via blockchain.According to a Wednesday…

The NBA star appeared in a June 2022 commercial saying he was “all in” on FTX, one of many endorsements that led to a class-action lawsuit following the exchange's collapse. 80 Total views 1 Total shares Lawyers for NBA star Shaquille O’Neal, who previously endorsed the now-bankrupt crypto exchange FTX, have claimed two process servers…

Established in 2019, MUFG’s blockchain payments project GO-Net Japan is shutting down due to low expected profitability. 287 Total views 23 Total shares Japan’s biggest financial conglomerate, Mitsubishi UFJ Financial Group (MUFG), will abandon its three-year-old blockchain payment project to focus on other digital and fintech initiatives.MUFG officially announced Tuesday the suspension of Global Open…

The sixth installment of my trade journal features one of my best Bitcoin (BTC) swing trades ever, catching much of the 40% move that caught many traders off guard. This was a straightforward trade for me, filling bids in an area that I was expecting to be near the potential bottom. The entire trade is immortalized…

In an interview with Cointelegraph, Adam Traidman, the co-founder and chief executive of BRD, formerly Breadwallet, shared the story of his journey into crypto.BRD was founded in 2015, quickly rising to prominence as a popular wallet in the United States and emerging economies like Venezuela.After initially being skeptical regarding Bitcoin’s prospects for mainstream adoption, Tradiman…

India's Enforcement Directorate will probe crypto exchange WazirX for alleged violations of AML laws and FEMA, in connection with crypto transactions worth $389 million. 907 Total views 2 Total shares The well-known Indian crypto exchange WazirX, which Binance acquired in 2019, is under investigation for alleged violations of India's Foreign Exchange Act (FEMA). The probe…

The Pakistan Crypto Council (PCC) was established in March to oversee the adoption of blockchain technology and digital assets. Former Binance CEO Changpeng “CZ” Zhao has been appointed as an adviser to Pakistan’s Crypto Council, a newly formed regulatory body tasked with overseeing the country’s embrace of blockchain technology and digital assets.  The appointment was