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The Securities and Futures Commission (SFC) of Hong Kong recently issued a statement on the financial and legal risks surrounding non-fungible tokens (NFTs). It claims that such tokens are not…
The National Bank of Ethiopia (NBE) clarified in a recent statement that it is still “illegal” to transact using Bitcoin or other cryptocurrencies. Citizens are encouraged to continue trading using…
One of the most successful Brazilian soccer clubs – Sao Paulo – allowed its fans to purchase match tickets with cryptocurrencies, becoming the first team in the country to do…
The price of PancakeSwap’s native cryptocurrency – CAKE – skyrocketed by as much as 9 percent today as Binance Labs revealed a strategic investment into the decentralized exchange. PancakeSwap is…
The crash of Luna and TerraUSDT and the launch of Luna 2.0 have unleashed a wave of taxation issues for investors in India. While the Terraform Labs team has worked…
The Vietnam Blockchain Association partnered with the world’s largest cryptocurrency exchange – Binance – to boost the development of blockchain technology in the Asian country. The two parties will also…
A recent study conducted by The Economist estimated that 37% of the participants want their governments to declare bitcoin or other cryptocurrencies as legal tender for internal transactions. Central bank…
The Indian government is planning to issue a set of guidelines before July 1 after making some amendments to the scope and definition of VDAs for effective tax administration of…
In its latest survey of the insurance sector, Goldman Sachs has, for the first time, included questions related to cryptocurrencies. The replies of top global asset managers show that they’re…
Prior to the pandemic, Bitcoin appealed to many as an inflationary hedge due to its low (near zero) correlation with traditional assets such as stocks. However, in recent times, the…