Here’s what happened in crypto today

The delisting included major tokens used in DeFi; the company said it was following “up-to-date regulatory guidance.” 262 Total views 2 Total shares Digital asset firm Bakkt has dropped 25 of the 36 crypto tokens listed on its recently acquired trading platform Apex Crypto. A spokeswoman for the company told Cointelegraph on May 12 that the…

Britain’s crypto exchanges will be levied with a 2% tax which is likely to be passed on to investors warned CryptoUK. 449 Total views 2 Total shares A recent update to Her Majesty’s Revenue and Customs (HMRC) regulations has introduced a digital services tax that will be levied on cryptocurrency exchanges operating in the United…

The Gibraltar Blockchain Exchange (GBX) has secured a license from the Gibraltar Financial Services Commission (GFSC), according to a company blog post Nov. 22.The GBX was established in July of this year by the Gibraltar Stock Exchange (GSX). The platform first announced its blockchain trading platform in November 2017, aiming to “become the world’s first…

Blockchain technology has created a new avenue to reconfigure the vision for the future of the internet. Data on the internet generated by individuals, organizations and other users are controlled by centralized entities, with a significant concentration of economic power and influence held by a few key corporate players who have thrived on data aggregation…

China's central bank digital currency can now be used on insurance policies that offer various levels of compensation for diagnosis of or death due to COVID-19. China's nascent central bank digital currency, the digital yuan, has already been deployed for an extensive array of successful pilot schemes, ranging from e-commerce to salary payments and to…

Animoca Brands has announced it will partner with Korean record label Cube Entertainment to build a “K-pop metaverse.” 349 Total views 20 Total shares Nonfungible tokens (NFTs) continue to disrupt the mainstream entertainment industries, with NFT gaming firm Animoca Brands partnering with Korean record label, talent agency and music production company, Cube Entertainment, to build…

The Nigerian president-elect wants to review existing SEC digital asset regulations to stimulate economic growth. 264 Total views 5 Total shares Own this piece of history Collect this article as an NFTNigerian President-elect Bola Tinubu has recently released a manifesto that, if implemented, would enable the use of blockchain technology and cryptocurrencies in the nation’s…

Chinese companies are angling to overtake the United States in blockchain adoption. 1270 Total views 7 Total shares Recent figures published by Chinese media outlets show that companies in China have filed for over half of all global blockchain patents.According to a report titled “2020 Blockchain Industry Development”, Chinese companies have applied for 4,435 blockchain…