Taiwan to trial crypto custody services through local banks in 2025
Taiwan’s Financial Supervisory Commission reportedly plans to start collecting applications from institutions interested in trialing Bitcoin custody services in the first quarter of 2025.
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Thailand reportedly exempts 7% crypto tax for traders on authorized exchanges
The revised tax policy exempts crypto traders from the mandatory 7% VAT on authorized exchanges while offering tax exemptions of up to 10 years for crypto startup investors. 322 Total views 35 Total shares The finance ministry of Thailand has reportedly eased up crypto tax regulations to promote investment in the digital asset market.The changes…
India, Nigeria, Thailand top Chainalysis’ 2023 Global Crypto Adoption Index
Chainalysis’ upcoming Global Crypto Adoption Index indicates that the wider Asia region is driving grassroots adoption of cryptocurrencies. 205 Total views 6 Total shares India, Nigeria and Thailand are ranked as the three top countries in Chainalysis’ 2023 Global Crypto Adoption Index, with lower middle income nations leading the way in grassroots adoption of cryptocurrencies.The
UFC to pay out fighter bonuses in Bitcoin for its upcoming PPV events
Sports and crypto have gone hand in hand over the past couple of years, as most sporting companies across various niches have on-boarded crypto firms as their brand partners. 116 Total views 50 Total shares Ultimate Fighting Championship (UFC), the popular mixed martial arts organization, will be paying out Fan bonuses to its fighters in…
Atari claims its namesake token is now ‘unlicensed’ as it terminates blockchain joint venture
The company appears to have abruptly terminated the ATRI token partnership, but indicated that it still sees a bright future for blockchain related ventures within the company. 365 Total views 16 Total shares In a statement published by former video-game giant Atari on Monday, the firm says it has, effective immediately, terminated all license agreements with…
The Brazilian Stock Exchange will launch Bitcoin and Ethereum futures
B3, the Brazilian Stock Exchange, confirmed that within six months it intends to launch its first official product aimed at the cryptocurrency market — Bitcoin (BTC) futures trading. The group's chief financial officer, André Milanez, made the announcement during a conference call on Monday.Milanez did not provide many details on how the product will work.…
Cyprus’ Finance Minister: Blockchain Draft Bill to be Ready This Year
The finance minister of Cyprus, Harris Georgiades, has said that the country’s blockchain regulation draft will be ready this year. English-language local finance news outlet FinancialMirror reported the news on July 4.Per the report, Georgiades described blockchain technology as “a new technological revolution similar to that of the internet.” Demetris Syllouris, House speaker, also praised…
DTCC launches digital sandbox to innovate capital market infrastructure
The DTCC aims to invite market participants to address pain points and let clients try DTCC products on their own use cases.
5 easy ways crypto investors can make money without needing to trade
Large price jumps and 100x gains get a lot of attention from pundits and influencers in the cryptocurrency community because they offer the hope of overnight riches. In reality, these opportunities are few and far between. Not to mention, only a handful of traders actually manage to catch these waves and cash out in time…