2023-10-4 19:00 |
As the idea of tokenizing assets continues to gain momentum, companies must keep regulatory compliance in mind.
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U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler continued his combative stance against crypto "hucksters" in congressional testimony on Wednesday, declining to answer the industry's most urgent questions while arguing that digital assets companies have been dangerously careless with customer assets.
2023-9-28 00:23 | |
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The Financial Conduct Authority (FCA) issued a final warning to companies promoting crypto assets to UK consumers. This warning letter detailed the agency’s previous outreach efforts and endeavors to assist crypto firms in complying with the rules. A bolded final…
2023-9-22 23:40 | |
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Deutsche Bank will use Taurus’s custody and tokenization technology to manage cryptocurrencies, tokenized assets and digital assets, the companies said.
2023-9-14 15:00 | |
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FASB accounting rule changes should help companies that hold digital assets to eliminate the poor optics that have been created by impairment losses, the report said.
2023-9-8 12:30 | |
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The Korean company Mirae Asset Securities has closed a partnership with Polygon Labs, focusing on the growth of tokenized securities networks. Under the partnership, Polygon Labs will work as a Mirae Asset Security Token Working Group consultant.Both companies will put…
2023-9-7 17:02 | |
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FASB's new rules mandate fair-value accounting for cryptocurrencies, aligning them with the treatment of financial assets. Public companies must now separate their crypto assets from intangibleThe post FASB unveils new crypto accounting rules, details inside appeared first on AMBCrypto.
2023-9-7 16:00 | |
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Founding members such as Coinbase, Circle and Aave Companies aim to foster the use of blockchain technology for traditional assets.
2023-9-8 16:00 | |
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The first U.S. accounting rule specifically for cryptocurrency will say that companies must use a fair-value approach that would demand certain digital assets be measured at what they would trade for in the markets, according to the Financial Accounting Standards Board (FASB).
2023-9-7 21:40 | |
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"Tokyo Beast" launches at Korea Blockchain Week creating a new entertainment experience by integrating crypto assets.
2023-9-5 00:15 | |
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Mastercard is partnering with Ripple, Consensys, and other blockchain companies on a central bank digital currency program. On Aug. 17, the payments giant announced its CBDC Partner Program, including other inaugural partners like tokenized assets company Fluency, digital assets platform Fireblock, Consult Hyperion, and Idemia.
2023-8-18 13:30 | |
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Indian authorities are intensifying their crackdown on gaming and betting applications using cryptos and offshore companies to evade taxes. According to a report from The Economic Times, several agencies are investigating networks of dummy companies that allegedly use crypto assets…
2023-8-16 13:51 | |
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China is warning telecom companies that are based overseas not to wield “new technologies” — digital assets, blockchain, artificial intelligence (AI) and the metaverse — for nefarious purposes.
2023-8-7 01:05 | |
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In a significant move, Nexo, the world’s top institution for digital assets, has joined the avant-garde of companies joining the Association of Certified Sanctions Specialists (ACSS), demonstrating a steadfast dedication to international regulatory compliance.
2023-7-28 16:00 | |
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The crypto market in France has experienced a significant surge in recent times, fueled mainly by the enthusiastic participation of young investors. As companies scramble to navigate new regulations, a substantial portion of Gen Z and millennial individuals fearlessly dive into digital assets.
2023-7-22 14:40 | |
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Google Play announced a major shift in policy today, allowing developers to incorporate digital assets such as NFTs into their apps and games in the store. Companies that decide to offer the ability to buy, sell or earn tokenized assets will be required to make it clear in the Play Console that there are blockchain-based elements in the app.
2023-7-13 19:30 | |
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Vanguard Group is buying more stocks from leading bitcoin mining companies per recent filings with the SEC
2023-7-12 17:30 | |
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Key takeaways South Korean financial regulator wants companies to disclose their crypto assets in their financial statements. The aim is to improve accounting transparency amongst companies operating in the country.
2023-7-12 15:17 | |
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Consultations cover authorization and conflict-of-interest rules for crypto companies under the landmark digital assets law
2023-7-12 12:22 | |
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South Korea's National Assembly has passed its first standalone legislation for digital assets, the Virtual Asset User Protection Act, which establishes safeguards for crypto traders and users, and mandates supervision of virtual asset services providers.
2023-7-4 11:12 | |
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The Markets in Crypto Assets (MiCA) regulation has been passed by the European Union Parliament, but it will swing into effect in two phases next year. Janet Ho, Chainalysis head of policy in Europe, has tasked digital asset companies to put their houses in order as they anticipate the implementation of MiCA. The regulation, which […]
2023-6-29 22:55 | |
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Financial Giants with $27 Trillion in Assets Actively Pursuing Crypto Investments, Reveals CoinShares’ CSO Prominent financial institutions in the United States, collectively managing a staggering $27 trillion in assets, are actively exploring ways to offer their clients exposure to cryptocurrencies such as Bitcoin (BTC).
2023-6-27 13:20 | |
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The National Tax Agency of Japan released an updated version of its corporate tax guidelines, introducing significant changes to the crypto taxation rules for digital token issuers. This revision focuses explicitly on eliminating taxes on unrealized gains derived from crypto assets issued by companies.
2023-6-26 16:00 | |
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The cryptocurrency market has showcased resilience over the past years. The increasing values and massive popularity of digital assets continue to attract leading companies. In a substantial move, global payments firm Mastercard filed a trademark application, revealing its interest in innovative solutions for its clients.
2023-6-20 10:04 | |
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Tech behemoth Mark Cuban and former Securities and Exchange Commission (SEC) official John Reed Stark engaged in a heated exchange over the ongoing regulatory crackdown on the crypto industry. The discussion was sparked by the recent temporary restraining order (TRO) hearing against Binance, which sought to freeze all of the exchange’s U.S. assets. Related Reading: […]
2023-6-16 02:00 | |
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The regulatory framework will allow individuals and companies to own and trade digital assets in the United States.
2023-6-12 12:32 | |
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Bemo in partnership with DWF Labs has launched the first liquid staking protocol on the TON blockchain. Bemo’s partnership with DWF Labs, one of the largest digital assets investment companies, and the first liquidity provider to stake TON via the bemo application, confirms the role of liquid staking services as a major trend in DeFi.
2023-5-24 16:17 | |
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This article looks at the evolving landscape of NFT storage, discussing current vulnerabilities and how emerging blockchain companies are working to devise more secure storage solutions for digital assets.
2023-5-9 21:43 | |
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Kenya announced that it would imply a 1. 5% tax to all commissions foreign crypto companies earn from their customers, according to a report by Business Daily Africa from Apr. 25. The new regulations include all foreign crypto exchanges that earn interest from facilitating buying and selling transactions of digital assets in Kenya, the Business Daily […] The post Kenya introduces 1.
2023-5-2 15:00 | |
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Five years after the island jurisdiction passed its digital assets regulation, a steady stream of companies is coming to Bermuda to be regulated.
2023-4-29 23:23 | |
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The Bahamas recently overhauled its crypto regulations and says its “open for business” for legitimate digital assets companies.
2023-4-28 20:17 | |
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Texas’ House of Representatives passed a bill requiring crypto companies to prove they have sufficient assets on hand on April 20. The bill, designated HB1666, could require companies to maintain sufficient reserves to cover all user obligations (crypto deposits and balances).
2023-4-21 01:23 | |
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Space and Time and Microsoft want to make it easy for Azure customers to integrate blockchain data into business processes. The one-click deployment will help enterprises bridge blockchain, data assets and AI, the two companies said in a press release.
2023-4-20 18:30 | |
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The companies are looking to make it easier for institutions to hold digital assets and bolster investor confidence in the market.
2023-4-19 15:02 | |
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What is Koinly? Koinly is a London-based software company founded in 2018 that offers crypto tax solutions for digital assets. Used by investors, traders, and accountants worldwide, Koinly is one of the leading companies in the field.
2023-3-27 15:50 | |
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The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Justin Sun, accusing him of selling unregistered securities offerings, manipulative trading, and illegal promotion of crypto assets, involving the enlistment of celebrities to boost public interest in TRX…
2023-3-23 01:50 | |
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The group of companies had debts of about $11.6 billion against $4.8 billion in assets, according to a presentation filed by its advisers.
2023-3-20 00:56 | |
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Glenn Williams Jr. explains how his process of researching small and microcap oil and gas companies compares to that of digital assets and AI. Then, Joe Orsini shares how two on-chain metrics, realized capitalization and holding trends, demonstrate belief in bitcoin as a store of value (SoV).
2023-3-16 18:55 | |
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A crackdown on digital assets companies is reminiscent of “choke point” targeting of gun sales, Fed Governor Jerome Powell was told.
2023-3-11 17:07 | |
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Cryptocurrency prices are falling and there may be problems with market liquidity, especially for tech companies, and risk assets.
2023-3-10 00:47 | |
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Signature Bank, one of the few federally regulated US banks that has actively courted digital assets, is said to be one of the few banks left standing with news that its competitor, Silvergate, is facing significant stress due to its exposure to FTX and accusations it was responsible for the co-mingling of exchange and Alameda […] The post Signature bank now servicing multiple crypto companies in the wake of Silvergate distress appeared first on CryptoSlate.
2023-3-3 04:42 | |
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The city of Ras Al Khaimah (RAK), UAE, intends to introduce a free zone for digital and virtual asset companies. The government of Ras Al Khaimah says this free zone will be called the RAK Digital Assets Oasis.
2023-3-1 19:30 | |
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2022 became a real challenge for the cryptocurrency industry, with leading assets falling and massive projects and empires being destroyed. We all recall the collapse of Terra, the bankruptcy of Sam Bankman Fried’s companies, and the subsequent market chaos.
2023-2-24 17:38 | |
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Companies negotiating with DWS Group include Deutsche Digital Assets, a crypto exchange-traded products provider, and market maker Tradias.
2023-2-9 01:45 | |
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21Shares and CoinGecko have partnered to launch Global Crypto Classification Standard (GCCS). The report aims to help better the categorization of crypto assets. The post Classifying Crypto: How Two Companies Plan to Make the Industry More Inclusive appeared first on BeInCrypto.
2023-2-9 21:00 | |
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The Virtual Assets Regulatory Authority (VARA) in Dubai is set to roll out new rules of engagement that will serve as an operational guide for crypto firms domiciled in Dubai.
2023-2-8 20:14 | |
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A set of rulebooks published by the Virtual Assets Regulatory Authority lays out requirements for crypto firms covering everything from issuance and exchange services to advertising.
2023-2-7 14:56 | |
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Coinjournal’s Dan Ashmore told CNBC that the audit reports by cryptocurrency exchanges were not really audited reports. The analyst pointed out that the reports only indicated the assets held by the exchanges and didn’t reveal the liabilities of the companies.
2023-1-21 19:04 | |
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The crypto market, as most people know, can bring quick profits, but also cause steep losses in a short time. Entities and companies trying to adopt this technology know this and because of that, they have to put the consumer’s protection in mind.
2023-1-12 19:00 | |
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Virtual assets have recorded gains this year in terms of recognition from top companies showing signs of more adoption from the centralized and the corporate world. Twitter has rolled out a new feature to enable users to view top financial assets’ prices and related data compromising stocks and cryptocurrencies.
2022-12-23 19:42 | |
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OP Labs implemented its modular fault-proof system on the OP Goerli testnet.