In a groundbreaking move that intertwines the realms of technology and art, Kresus, a renowned crypto wallet provider, has collaborated with top-tier auction house Christie’s. Their partnership aims to refine the way collectors validate and maintain the status of their art collections. By leveraging blockchain technology, this innovative initiative promises to enhance the art-buying experience
Innovation
In a significant development for the cryptocurrency market, Japan’s Financial Services Agency (FSA) is set to revisit its regulatory framework concerning digital assets. With an eye towards potential tax reductions on crypto gains and a reclassification of these assets, the FSA aims to cultivate a more favorable investment environment by 2025. This proactive approach, reported
On October 2, 2023, the U.S. Securities and Exchange Commission (SEC) reignited its legal battle against Ripple Labs by filing a notice of appeal concerning a pivotal court ruling. This marks another chapter in the lengthy contest over whether the XRP token, associated with Ripple, constitutes a security under U.S. law. The appeal seeks to
In a landmark decision, the United States Court of Appeals for the District of Columbia Circuit affirmed the legality of prediction markets that facilitate betting on U.S. elections. This ruling, issued on October 2, marks a significant turning point in the ongoing legal battles involving prediction markets and regulatory bodies, particularly the Commodity Futures Trading
The ongoing conflict between the Securities and Exchange Commission (SEC) and Ripple Labs regarding the status of XRP has captured the attention of the cryptocurrency community and financial regulators alike. The SEC initiated legal proceedings against Ripple in December 2020, accusing the company of executing an unregistered securities offering totaling $1.3 billion through the sale
On October 2nd, 2023, the heart of Switzerland became a focal point for blockchain enthusiasts as Charles Hoskinson, the visionary founder of Cardano and CEO of Input Output, received prestigious recognition for his pivotal contributions to the Ethereum ecosystem. The award was presented at ETH10X, a special event commemorating the tenth anniversary of the Ethereum
In the ever-evolving landscape of blockchain gaming, few titles evoke nostalgia quite like CryptoKitties. Originally launched in 2017, it was among the first games to demonstrate the potential of non-fungible tokens (NFTs) by allowing users to buy, breed, and trade distinctive digital cats on the Ethereum blockchain. A sensation that captivated the gaming community and
The evolving landscape of financial technology has led to the introduction of the Digital Securities Sandbox (DSS) by the UK’s Financial Conduct Authority (FCA) and the Bank of England. This initiative represents an ambitious leap towards harnessing the capabilities of distributed ledger technology (DLT) and tokenized securities within established financial systems. The DSS, which is
In a significant move, crypto exchange platform Gemini has announced its intention to terminate operations in Canada by December 31, 2024. This decision was communicated to customers via an email on September 30, offering a stark reminder of the challenges that digital currencies face within the increasingly regulated financial landscape. The communication stated that all
The collaboration between Transak and Sequence signifies a noteworthy advancement in the landscape of Web3 gaming, particularly regarding the acquisition of non-fungible tokens (NFTs). This partnership aims to simplify the purchasing process, making it more accessible and user-friendly for gamers venturing into the world of digital asset ownership. With the launch of Transak’s innovative NFT