The Financial Services Agency (FSA) of Japan has proposed to change the tax code in regard to digital assets. The most notable suggestion is to free domestic firms from the end-of-the-year “unrealized gains” tax on crypto. The amendment, proposed by the FSA, has the potential to be effected, as the Agency states that the Ministry […]
The Senate Committee on Economics Legislation in Australia has provided feedback to the cryptocurrency bill introduced by senator Andrew Bragg. The committee has asked for minor amendments to the bill, such as removing the term nonfungible tokens (NFTs) from the definition of regulated digital assets and excluding certain asset-based tokens from the definition of stablecoin. […]
Ron DeSantis, one of the US Presidential candidates, recently unveiled a “Declaration of Economic Independence”, outlining some of the biggest financial challenges that America currently faces. He pledged to let the cryptocurrency industry thrive and not allow the launch of a central bank digital currency (CBC). DeSantis has been one of the most vocal crypto […]
The South Korean government is reportedly planning to submit a bill that will track and freeze North Korean crypto and virtual assets used to fund its capital Pyongyang’s illicit weapons program. The bill is said to reflect the country’s president’s beliefs that its cybersecurity framework needs to be repaired. It will also contain ways to […]
The South Korean government is reportedly planning to submit a bill that will track and freeze North Korean crypto and virtual assets used to fund its capital Pyongyang’s illicit weapons program. The bill is said to reflect the country’s president’s beliefs that its cybersecurity framework needs to be repaired. It will also contain ways to […]
The US National Security Agency (NSA), Cybersecurity and Infrastructure Security Agency (CISA), Federal Bureau of Investigation (FBI), and the UK National Cyber Security Centre (NCSC) have released a joint report warning users to be vigilant against a recently discovered malware that is targeting crypto wallets and exchanges.The advisory report revealed a malware campaign conducted by […]
The People’s Court of China has issued a report that clarifies the legal status of virtual currencies in the nation. It states that virtual currency is not classified as an illegal item and is protected by law as legal property. The report suggests a unified strategy that draws upon both criminal and civil law to […]
Florida Gov. Ron DeSantis cancelled a campaign event in which he was reportedly planning to announce the acceptance of cryptocurrency contributions toward his 2024 presidential run. The cancellation was due to the approach of Hurricane Idalia, which hit Florida’s coastline on Aug. 30.DeSantis has taken certain positions relevant to digital asset users. In July, he […]
Pikamoon is a leading-edge GameFi project building the world’s most advanced real-time 3D metaverse for a photorealistic effect and immersive experience. The Pikaverse is built on Unreal Engine 5, the leading game development engine in the industry, which has been used in the creation of industry-leading games like Fortnite, The Matrix Awakens, and many more. […]
TOKEN2049, Asia’s premier Web3 and crypto conference, announced an international DJ line-up for AFTER 2049, the official closing event of its upcoming Singapore edition. The event will take place on Friday, 15 September at the 57th floor of Singapore’s iconic Marina Bay Sands. It will be hosted in tandem with the practice rounds of the […]
