The Ministry of Finance in Russia has put forward a proposal to allow traditional exchanges to facilitate digital asset trading for a specific group of investors. This proposal aims to create specialized regulations for organized trading in digital currencies, considering them as commodities, based on either an exchange license or a trading system license. The
Environment
South Korean lawmakers have recently put forward a bill to postpone the implementation of crypto gain tax until 2028. The ruling political party expressed concerns about the current negative sentiments surrounding the crypto industry as the primary reason for seeking an extension. They emphasized the fact that with the declining investment sentiment towards virtual assets,
Metaplanet, a Tokyo-based investment firm, recently made a significant purchase of 42.4 Bitcoin for ¥400 million ($2.4 million) to add to their holdings. This move is part of the company’s efforts to strengthen its long-term financial strategy by holding the cryptocurrency as a “strategic treasury reserve asset.” The decision to invest in Bitcoin by Metaplanet
The recent phishing scam on Blur Marketplace that resulted in an investor losing $240,000 worth of NFTs sheds light on the evolving tactics scammers are using in the digital asset space. Unlike traditional phishing schemes that rely on deceiving emails or messages, this attack was a well-orchestrated technical maneuver. The scammer exploited a vulnerability in
The Securities and Exchange Commission (SEC) has recently announced the closure of its investigation into Hiro and the Stacks blockchain without recommending any enforcement action. This marks the end of a significant chapter in the history of the Bitcoin Layer-2 network. The investigation, which began more than three years ago, was initiated following the first-ever
In a recent development, the Securities and Exchange Commission (SEC) has officially closed its investigation into Hiro Systems and the Stacks blockchain without recommending any enforcement action. This investigation, which spanned over three years, has been a significant chapter in the history of the Bitcoin Layer-2 network. The investigation was initiated following the first-ever SEC-qualified
Decentralized Autonomous Organizations (DAOs) have garnered significant attention as innovative blockchain-based communities designed to achieve common goals. However, the UK Law Commission’s scoping paper raises critical questions about the legal characterization of DAOs within the country. The Commission’s central thesis revolves around the lack of consensus on what exactly constitutes a DAO and how it
Bitcoin’s price has been on a roller coaster ride recently, with significant fluctuations within a short period. The sudden pump to nearly $60,000 after the release of CPI numbers was followed by a sharp decline of over two thousand dollars. This extreme volatility has left investors and traders on edge, unsure of what to expect
The US Securities and Exchange Commission (SEC) has recently concluded its investigation into stablecoin issuer Paxos, bringing an end to a year-long ordeal for the company. After initially receiving a Wells notice from the SEC over its dollar-backed BUSD stablecoin, Paxos has finally received a notice of investigations termination, signaling that the regulator will not
Shatterline, a dynamic arena shooter available on PC, has been making waves in the gaming community since its early access release on Steam in 2022. The game offers both player-versus-player (PvP) and player-versus-environment (PvE) modes, providing players with a competitive and immersive experience. While the early access servers are set to shut down on August