Brazil’s Largest Bank, Itau Unibanco, Launches Cryptocurrency Trading Service

Itau Unibanco, Brazil’s largest bank, has entered the digital asset exchange market by launching a cryptocurrency trading service for its investment platform clients. The initial offering will support trading of Bitcoin and Ether, with plans to expand to other crypto assets in the future. The bank’s expansion will depend on the evolution of crypto regulation […]

Middle East Bitcoin Miner Phoenix Group Soars 50% in $2.47B Trading Debut on Abu Dhabi Exchange

Middle East-based Bitcoin miner, Phoenix Group, has made a successful debut on the Abu Dhabi Securities Exchange (ADX), becoming the first crypto-related firm to go public in the region. Despite a slight delay in its listing due to public holidays, the miner’s stock price surged over 50% on its first day of trading. This strong […]

Middle East Bitcoin Miner Phoenix Group Soars 50% in $2.47B Trading Debut on Abu Dhabi Exchange

Middle East-based Bitcoin miner, Phoenix Group, has made a successful debut on the Abu Dhabi Securities Exchange (ADX), becoming the first crypto-related firm to go public in the region. Despite a slight delay in its listing due to public holidays, the miner’s stock price surged over 50% on its first day of trading. This strong […]

Former FTX Chairman Sam Bankman-Fried Opts Not to File Appeals, Suggesting Preparation for Possible Appeal

In a recent development, Sam Bankman-Fried, the co-founder and former chairman of FTX, has decided not to file post-trial appeals, indicating that his legal team may be preparing an appeal. Bankman-Fried, also known as SBF, was convicted on seven federal fraud charges on November 2. His attorneys have submitted a letter to the judge, stating […]

Former FTX Chairman Sam Bankman-Fried Opts Not to File Appeals, Suggesting Preparation for Possible Appeal

In a recent development, Sam Bankman-Fried, the co-founder and former chairman of FTX, has decided not to file post-trial appeals, indicating that his legal team may be preparing an appeal. Bankman-Fried, also known as SBF, was convicted on seven federal fraud charges on November 2. His attorneys have submitted a letter to the judge, stating […]

Kenyan Parliament Approves Bill to Regulate Crypto Assets and Impose Capital Gains Tax

A bill has been approved by the National Assembly’s Finance and National Planning Committee in Kenya, which defines crypto assets as securities and imposes capital gains tax on them. The bill aims to regulate the trading of cryptocurrencies in the country and prevent proceeds of crime and terrorism financing. If passed, Kenyans will be required […]

Kenyan Parliament Approves Bill to Regulate Crypto Assets and Impose Capital Gains Tax

A bill has been approved by the National Assembly’s Finance and National Planning Committee in Kenya, which defines crypto assets as securities and imposes capital gains tax on them. The bill aims to regulate the trading of cryptocurrencies in the country and prevent proceeds of crime and terrorism financing. If passed, Kenyans will be required […]

Singapore’s DigiFT Becomes First Regulated Public Blockchain Exchange for Asset Tokenization

Singapore-based digital assets exchange DigiFT has become the first regulated public blockchain exchange for asset tokenization in the country. The exchange has received a Capital Market Services (CMS) license and has been recognized as a Recognized Market Operator (RMO) by the Monetary Authority of Singapore. This license allows DigiFT to handle regulated activities involving securities […]

Singapore’s DigiFT Becomes First Regulated Public Blockchain Exchange for Asset Tokenization

Singapore-based digital assets exchange DigiFT has become the first regulated public blockchain exchange for asset tokenization in the country. The exchange has received a Capital Market Services (CMS) license and has been recognized as a Recognized Market Operator (RMO) by the Monetary Authority of Singapore. This license allows DigiFT to handle regulated activities involving securities […]

Societe Generale Issues First Digital Green Bond on Ethereum Blockchain

Societe Generale, the third-largest bank in France, has issued its first digital green bond as a Security Token on the Ethereum public blockchain. The bond, valued at 10 million euros, will be used to finance or refinance products and companies classified under the Eligible Green Activities category. One of the innovative features of this bond […]