Korean Blockchain Groups Blast Plan to Strip Crypto Exchange Benefits
Several blockchain associations in South Korea are pushing back against a government proposal they fear will stifle industry innovation.
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Lacoste Expands Its NFT Ecosystem With New Rewards
French fashion brand Lacoste expanded its non-fungible token (NFT) ecosystem on Thursday, introducing a rewards and co-creation feature for its UNDW3 community.Lacoste released its UNDW3 collection of 11,212 profile picture (PFP) NFTs in June 2022, offering "Genesis Passes" to its community as the retailer teased plans for a Web3 expansion. By owning the NFTs, the…

Harris Likely to Pick Pennsylvania Gov. Shapiro for Veep, Prediction Markets Say
This week in prediction markets: Kamala Harris will likely pick Pennsylvania Gov. Josh Shapiro as her running mate. Harris has gained on Donald Trump on Polymarket but hasn't closed the gap, unlike in polls. Traders are betting on the Olympic women's boxing controversy. The Fed will cut rates fast and hard in September, say bettors

Polish Crypto Exchange Bitmarket Suddenly Shuts Down
news Polish cryptocurrency exchange Bitmarket has just shut down without warning. According to a brief message posted late on July 8 on its website, Bitmarket – said to have been Poland’s second-largest crypto exchange – stated: “We regret to inform you that due to the loss of liquidity, [from] 08/07/2019, Bitmarket.pl/net was forced to cease its…

SDX Chief Gets Philosophical About Crypto’s Swiss-Singapore Connection
Dec 11, 2020 at 3:58 p.m. UTCUpdated Dec 11, 2020 at 4:08 p.m. UTCSDX Chief Gets Philosophical About Crypto’s Swiss-Singapore ConnectionIt’s been a busy couple of weeks for Switzerland’s digital asset exchange, SDX.In chronological order (and pardoning the unavoidable alphabet soup): Last week SDX’s parent company, SIX, announced test results around the “feasibility” of wholesale…

China’s Blockchain-Based Service Network to Integrate Central Bank Digital Currency
The BSN expects to complete integrations with a total of 30 public blockchains this year.Credit: ShutterstockJan 17, 2021 at 9:43 p.m. UTCChina’s Blockchain-Based Service Network to Integrate Central Bank Digital CurrencyChina’s Blockchain-based Service Network (BSN) – a permissioned blockchain network for building decentralized applications and tokens – plans on releasing a beta central bank digital currency…

Bitcoin ETFs in and Around Asia After U.S. Approvals? Analysts Are Optimistic About Momentum
The much-awaited approval of spot bitcoin [BTC] exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) can give unprecedented momentum for similar regulatory approvals in and around Asia, even if some regions may not necessarily or immediately be able to create the ideal policies for such a move, multiple analysts have told CoinDesk.U.S.

Crypto Custody Firm Copper to Start Digital Securities Brokerage in Abu Dhabi
Cryptocurrency custody and trading firm Copper plans to start offering a brokerage service for digital securities in Abu Dhabi early next year, the company said on Wednesday.Copper Securities, the new entity offering execution and custody services, is working with the emirate's Financial Services Regulatory Authority (FSRA) to have the necessary approvals in place by early

Crypto Lender BlockFi Registers Bitcoin Trust With SEC
BlockFi is the latest firm to go up against Grayscale's behemoth bitcoin trust.BlockFi CEO Zac Prince (CoinDesk archives)Jan 29, 2021 at 6:07 p.m. UTCUpdated Jan 29, 2021 at 6:22 p.m. UTCCrypto Lender BlockFi Registers Bitcoin Trust With SECBlockFi, a major hub for crypto lending, appears to be increasing its courting of institutional bitcoin bets through…