Kumo
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11 months, 3 weeks ago
Promoting Crypto Tax Transparency: New Reporting Requirements for Digital Asset Markets
The global movement to promote crypto tax transparency is gaining momentum, with new requirements being placed on participants in digital asset markets in Europe and the U.S. These initiatives aim to ensure that…
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11 months, 3 weeks agoCommerzbank Becomes First Full-Service Bank in Germany to Receive Crypto Custody License
Commerzbank, one of the largest banks in Germany, has received regulatory approval to offer crypto custody services, making it the first full-service bank in the country to do so. The approval was granted by the…
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11 months, 3 weeks agoLiberland: The Emerging Micronation At the Border of Croatia and Serbia
Liberland, a small micronation situated between Croatia and Serbia on the Danube river, is gaining attention in the cryptocurrency world. Led by its self-proclaimed president, Vít Jedlička, Liberland aims to e…
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11 months, 3 weeks agoIdris Elba Collaborates with Stellar Foundation to Revolutionize Humanitarian Efforts with Blockchain Technology
The Stellar Foundation has been making significant progress this year in leveraging blockchain technology to bring about real-world changes. At the recent Meridian Conference, the foundation showcased some of its…
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11 months, 3 weeks agoMoMA Expands Collection with Groundbreaking AI and NFT Acquisitions
The Museum of Modern Art (MoMA) in New York is making waves in the traditional art world with its recent acquisitions of groundbreaking generative art pieces. MoMA has added Refik Anadol’s “Unsupervised — Machi…
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11 months, 3 weeks agoCommerzbank Becomes First German Bank to Receive License for Cryptocurrency Services
Commerzbank, a German bank, has been granted a license to handle cryptocurrency by local regulators. This license, issued under the German Banking Act, makes Commerzbank the first “full-service” German bank to rec…
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11 months, 3 weeks agodYdX Chain Enters Beta Mainnet Stage, Enabling Active Trading Across Multiple Markets
The dYdX Chain, a decentralized derivatives trading platform, has reached a significant milestone with the launch of its beta mainnet stage. This transition was made possible through a governance vote that received…
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11 months, 3 weeks agoSingapore's Monetary Authority Launches Asset Tokenization Pilots, Expands Project Guardian
Singapore’s Monetary Authority, MAS, has launched new asset tokenization pilots as part of its efforts to enhance the country’s financial landscape. This move is seen as a significant step towards embracing dig…
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11 months, 3 weeks agoBlackRock Raises Concerns Over Stablecoin Impact on Bitcoin ETF
BlackRock, a prominent asset manager in the crypto industry, has expressed concerns about stablecoins, specifically Tether (USDT) and Circle’s USDC, and their potential impact on its proposed iShares Bitcoin spot E…
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11 months, 3 weeks agoOKX Partners with Komainu and CoinShares to Enhance Security for Institutional Crypto Trading
OKX, a prominent crypto exchange firm, has partnered with Komainu and CoinShares to enhance security for segregated institutional crypto trading. The collaboration allows CoinShares to trade institutional assets on…
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11 months, 3 weeks agoKazakhstan Launches Central Bank Digital Currency, Enabling Global Payments with Digital Tenge
The chairman of Kazakhstan’s National Payment Corporation (NPC) has conducted the first transaction using the country’s new central bank digital currency (CBDC), the digital tenge. During a recent speech, he mad…
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11 months, 3 weeks agoRobinhood Trading Restrictions Lawsuit Faces Setback as Class Certification Denied
Investors who were pursuing legal action against Robinhood over trading restrictions imposed in early 2021 have faced another setback. The United States District Court for the Southern District of Florida rejected…
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11 months, 3 weeks agoUtilizing Smart Analytics to Enhance Financial Decision-Making
Smart analytics have revolutionized the investing landscape, empowering investors with valuable data and indicators to make well-informed financial decisions. These analytics offer insights into various aspects of…
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11 months, 3 weeks agoCommerzbank Becomes First Full-Service German Bank to Obtain Crypto Custody License
Commerzbank, a German bank, has received a crypto custody license from local regulators, making it the first “full-service” bank in Germany to obtain such a license under the German Banking Act. This license all…
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11 months, 3 weeks agoAuthorities Investigate False BlackRock XRP ETF Filing in Delaware
The Delaware authorities have launched an investigation into a false filing for a BlackRock XRP ETF. The filing, which appeared on the Delaware Department of State Division of Corporations website, claimed that…
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11 months, 3 weeks agoIMF Urges Global Readiness for Central Bank Digital Currencies (CBDCs)
In a compelling address at the Singapore FinTech Festival, IMF Managing Director Kristalina Georgieva urged nations to prepare for the eventual deployment of central bank digital currencies (CBDCs). She expressed…
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11 months, 3 weeks agoFake Filing Sparks Price Surge and Dump for XRP, BlackRock Denies Involvement
In a surprising turn of events, the cryptocurrency market experienced a significant price fluctuation for XRP due to a fake filing that suggested the registration of an XRP ETF by BlackRock, the world’s largest f…
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11 months, 3 weeks agoIMF Urges Public Sector to Prepare for Central Bank Digital Currencies
During her opening speech at the Singapore FinTech Festival, IMF Managing Director Kristalina Georgieva emphasized the need for the public sector to be prepared for the deployment of central bank digital currencies…
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11 months, 3 weeks agoHex Trust Secures Virtual Asset Service Provider License in Dubai
Hong Kong-based institutional cryptocurrency asset custodian, Hex Trust, has obtained a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). This regulatory a…
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11 months, 3 weeks agoOKX Partners with Komainu and CoinShares to Enhance Institutional Asset Trading
Cryptocurrency exchange OKX has partnered with custody provider Komainu and asset manager CoinShares to promote institutional adoption of digital assets. The collaboration aims to address counterparty risks by…
