Digital Asset
Japan’s Digital Future: Tamaki Proposes Crypto Tax Cuts and Digital Yen
Japan’s DPP leader proposes a 20% tax rate on crypto assets and a three-year loss carryover. Yuichiro Tamaki advocates for increasing crypto trading leverage from…
Binance Expands Mobile Money Payments To Six African Countries
Binance expands its services in West and Central Africa, extending its mobile money payments. The countries include Benin, Cameroon, Ivory Coast, the Democratic Republic of…
Dubai’s VARA: Striking the Right Balance in Crypto Regulation
Sean McHugh debunked claims that VARA is too friendly with crypto regulation. McHugh believes the agency has struck the right balance with the approval time…
Digital Ruble to Get Anti-Money Laundering Upgrade in 2025
Banks will block suspicious digital ruble transactions under new anti-laundering rules. The Bank of Russia will oversee and freeze suspicious digital ruble transactions if needed.…
SWIFT to Trial Digital Asset Transactions with Major Banks
Banks across Asia, North America and Europe prepare to carry out live transfers via SWIFT. The press release comes as global demand for Central bank…
Hester Peirce: SEC Needs Clarity on Crypto Securities Language
Hester Peirce cites legal imprecision in the SEC’s crypto classification terminology. Peirce thinks crypto assets could become securities in the future. Digital asset creators need…
Crypto Investment Products See $1.2 Billion Inflow as Bitcoin Surges
Digital asset inflows totaled $1.2 billion in the third consecutive week of positive growth. Bitcoin alone attracted $1 billion in inflows, reflecting its dominant market…
Dubai’s VARA Issues New Crypto Marketing Guidelines, Mandates Risk Disclaimers
New VARA guidelines require enhanced disclaimers on virtual asset ads in the UAE. Bonuses tied to crypto promotions must receive approval from VARA. The updated…
Virtual Asset Trading Drives Growth in Hong Kong’s Markets
Securities industry profits rose 50% to HKD 19 billion in 1H 2024. Virtual asset trading generated HKD 77 million in revenue for the first time.…
Liquidity Injection by China and US to Boost Crypto Markets
PBoC's liquidity injection and housing market boost could drive asset price growth. U.S. yield curve widening reflects rising optimism for economic recovery and growth. Justin…
