Dfns, a digital wallet infrastructure provider and a partner of tech giant IBM, has integrated Concordium’s layer-1 (L1) blockchain to launch an identity-verified Web3 wallet solution. Concordium’s privacy-preserving identity layer is now part of Dfns’ […]
South Korea’s financial authorities are reportedly weighing whether to allow regulators to preemptively freeze crypto accounts suspected of price manipulation. The Financial Services Commission (FSC) is reviewing the introduction of a payment suspension system that […]
Current crypto profits can face tax rates of up to 55% under the miscellaneous income system. Only specified crypto assets under Japan’s financial framework will qualify for the lower rate. A three-year loss carry-forward for […]
Key Takeaways Bank of America will allow wealth advisers to pitch Bitcoin ETFs. Eligible Bitcoin ETFs include funds managed by BlackRock, Fidelity, Bitwise, and Grayscale. Share this article Bank of America’s wealth advisers will be […]
Crypto billionaires are threatening to leave the state of California after a prominent trade union proposed a 5% assets tax on residents worth more than $1 billion. The Service Employees International Union-United Healthcare Workers West […]
Ilya Lichtenstein, the hacker behind one of the largest Bitcoin thefts on record, has been released from prison just over a year after receiving a five-year sentence, thanks to a criminal justice reform law signed […]
Most breaches involved failures in customer due diligence and identity verification processes. The action coincides with reports of a potential majority acquisition by Mirae Asset. The case reinforces stricter regulatory expectations across South Korea’s crypto […]
Key Takeaways BlackRock transferred over $120 million worth of Bitcoin and Ethereum to Coinbase Prime. 1,134 Bitcoins and 7,255 Ethereum coins were involved in the transaction. Share this article A BlackRock-labeled wallet today sent 1,134 […]
Artificial intelligence, a lack of awareness of data privacy, and regulatory pressures are among the biggest threats to the future of private messaging, says Alex Linton and Chris McCabe, executives from the decentralized messaging app […]
A senior executive at Coinbase warned that changes to the US stablecoin framework could weaken Washington’s position in the global race for digital payments, just as China moves to make its central bank digital currency […]
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