European Blockchain Sandbox onboards 41 regulators in second cohort

The legislation aims to enhance fiscal transparency, boost revenue and recognize cryptocurrencies as legitimate assets. 342 Total views 2 Total shares On the eve of his departure from office on May 28, former Nigerian President Muhammadu Buhari signed the Finance Act, 2023, into law. The act introduces a series of tax reforms aimed at modernizing the country’s…

Major global investment bank JPMorgan has developed a new blockchain-based solution for derivatives designed to speed up cash and collateral transfers. The tool was developed in partnership with California-based fintech firm Baton Systems and aims to enable the real-time movement of transfers to multiple clearinghouses, the firm announced Nov. 14.The current process requires collateral custodians…

Singapore’s Crypto.com expands its regulatory achievements by securing a license for digital payment token services. 643 Total views 2 Total shares The Singapore-based cryptocurrency exchange, Crypto.com, announced on June 1 that it had been granted a major payment institution (MPI) license for digital payment token (DPT) services by the Monetary Authority of Singapore (MAS).The announcement…

The Treasury report was required under President Joe Biden’s executive order on digital assets issued in March. The United States Department of the Treasury has delivered to President Joe Biden a framework on crypto for U.S. government agencies to work with their foreign counterparts.In a Thursday announcement, the U.S. Treasury said it had reported on…

A Joe Biden-themed memecoin tanked nearly 75% since his debate against Donald Trump last week, while his possible replacement’s memecoin has surged.

Bored Ape Yacht Club (BAYC) creators Yuga Labs has announced a new NFT collection on Bitcoin dubbed “TwelveFold.” The move was announced via Twitter on Feb. 28, with Yuga Labs unveiling 300 tokenized computer generated artworks as part of the TwelveFold collection that will go up for auction later this week. Introducing TwelveFold. A limited…

While the newest version of a proposed stimulus package to respond to the economic crisis caused by COVID-19 in the United States has scrapped mention of the digital dollar, at least one Senator is fighting to keep those provisions.The changed bill for economic recoveryAs Cointelegraph reported yesterday, March 23, a draft of the proposed economic…

Lack of internet access and time pressures were insufficient grounds to grant Bankman-Fried's temporary release, according to Judge Kaplan. Former FTX boss Sam Bankman-Fried will likely remain behind bars while until his Oct. 3 trial commences after a United States District Court judge denied his request for temporary release.Judge Lewis A. Kaplan explained on Sept.

"With the recent launch of our APAC headquarters in Singapore, we can ensure that we continue to offer best-in-class services to UnionBank and other clients in the region," says Patrick Enjalbal, VP Customer Success managing director of Asia-Pacific region at Metaco. 290 Total views 4 Total shares On Thursday, Metaco, an enterprise cryptocurrency platform for…