Taiwan is stepping into the forefront of cryptocurrency innovation by initiating a pilot program aimed at institutional crypto custody, spearheaded by the Financial Supervisory Commission (FSC). Set to begin accepting applications in early 2025, this initiative marks a significant advancement in the nation’s approach to digital asset management, signaling a deeper institutional interest in virtual
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Valhalla emerges onto the gaming scene not as a typical MMORPG but as a trailblazer in the realm of Web3 gaming. With the rise of blockchain technology, new opportunities arise to integrate decentralized elements into gameplay, thus shifting the dynamics of player engagement. Unlike traditional games that often confine players to rigid economic models controlled
In a rapidly evolving global financial landscape, the voices advocating for the adoption of digital assets and distributed ledger technology (DLT) are becoming increasingly significant. Recently, Piero Cipollone, a crucial member of the European Central Bank’s (ECB) Executive Board, delivered an impassioned plea for Europe to not only embrace these innovations but also integrate them
In a significant regulatory shift, the United Arab Emirates (UAE) has announced an exemption for cryptocurrency transactions from its 5% value-added tax (VAT). This decision, made public via an amendment to the Executive Regulation accompanying the Federal Decree Law on VAT, is poised to take effect on November 15, 2024, while also applying retroactively to
The landscape of cryptocurrency is shifting dramatically as privacy tokens face unprecedented challenges in the form of delistings from centralized exchanges. A recent report by Kaiko highlights that nearly 60 privacy tokens have been delisted this year, marking the highest rate since 2021. This surge in delistings serves as a wake-up call for stakeholders in
On September 24, 2023, Bybit, a prominent cryptocurrency exchange, announced the launch of an Islamic crypto account specifically designed to meet the needs of its Muslim clientele. This groundbreaking initiative is the first of its kind, allowing Muslims to engage in cryptocurrency trading while adhering to Shariah law. Bybit’s CEO, Ben Zhou, highlighted this pivotal
The world of cryptocurrency, with its rapid evolution and groundbreaking potential, often attracts a wide array of individuals from various backgrounds. Among them is Opeyemi, an adept writer whose venture into the digital asset arena was not a predetermined career path but rather a fascination that developed over time. Unlike many who made a deliberate
Semilore Faleti stands at the intersection of contemporary journalism and the burgeoning world of cryptocurrency. With a background that initially spanned various topics, his path took a decisive turn toward the intricate realm of blockchain technology and digital currencies. In an age where financial transparency and efficiency are more important than ever, Semilore highlights the
In a groundbreaking development for the cryptocurrency landscape, Hong Kong Virtual Asset Exchange (HKVAX) has recently received a highly sought-after license from the Securities and Futures Commission (SFC) of Hong Kong. This achievement positions HKVAX as the third licensed crypto exchange in the region and, notably, the first to operate under a stringent regulatory framework
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