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Ripple’s Leadership in Digital Finance: CEO Brad Garlinghouse Acknowledged in WEF Report

With the recent World Economic Forum (WEF) report recognising its CEO, Brad Garlinghouse, Ripple, a pioneer in blockchain technology and digital money, has reached a new milestone. With this recognition, Garlinghouse joins a select group of world leaders influencing the direction of digital assets and legal systems. His appointment to the Steering Committee demonstrates both […]

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Ethereum Classic’s Potential Rally Before October’s Close

The cryptocurrency market is paying close attention to Ethereum Classic (ETC) because of its growing positive momentum. A spike in social activity and increasing interest from prominent investors, or “whales,” might upend the current situation despite a robust negative trend with more than half of the market in short positions. The scenario is set for […]

Ethereum News

UAE’s VAT-Free Crypto Policy: Catalysing a Crypto Hub

Significant changes have been made to the Value-Added Tax (VAT) laws in the United Arab Emirates, which now exclude conversions and transactions involving cryptocurrency assets from VAT. With this new regulation as of January 1, 2018, the UAE is now positioned to be a significant player in the global cryptocurrency industry. The UAE’s decision to […]

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Australia to Licence Crypto Firms Under Corporations Act: Enhanced Regulation Ahead

The Australian Securities and Investments Commission (ASIC) has declared that it would mandate that all cryptocurrency companies in Australia obtain a licence under the Corporations Act, marking a significant change in the regulatory landscape. This broad proposal intends to cover a more excellent range of cryptocurrency-related activities and goes beyond the conventional jurisdiction of bitcoin […]

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Sony’s Soneium: Assessing the Ripple Effects After Testnet Success

Sony, a well-known pioneer in the technology sector, has launched Soneium, an Ethereum Layer 2 (L2) solution, further advancing technology. With this significant foray into the blockchain arena, Sony is demonstrating its dedication to using its vast experience in technology and entertainment to lead Web3 advancements. Soneium is envisioned as a platform that seamlessly combines […]

Ethereum News

Animoca Brands Partner with TON Foundation

Animoca Brands subsidiaries Mocaverse and MOCA Foundation have partnered with the TONNE Foundation to include identification and reputation networks into their ecosystems. This collaborative cooperation intends to increase user engagement by introducing cutting-edge blockchain technology across the Mocaverse and TONNE platforms. The collaboration includes a token-swap agreement to increase user activity between the MOCA and […]

Ethereum News

Postponement of Crypto Taxation in South Korea

The South Korean government has once again postponed the implementation of cryptocurrency taxation, pushing the commencement date to January 2028. This decision underscores persistent concerns about market stability and investor dissatisfaction as authorities develop a tax structure that balances legal requirements and the vitality of the cryptocurrency sector. The postponement is a response to market […]

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Bank of Italy Sets New MiCA-Based Crypto Guidelines

The Bank of Italy has announced the upcoming publishing of complete guidelines for regulating cryptocurrencies under the European Union’s Markets in Crypto-Assets Regulation (MiCA) law. This project intends to promote innovation while ensuring the stability of Italy’s financial systems and consumer safety. Background The European Union’s Markets in Crypto-Assets Regulation (MiCA) bill is a groundbreaking […]

Ethereum News

Chainalysis Triumphs Over $80 Million Lawsuit in Court Victory

Chainalysis, a renowned blockchain analysis firm, recently won a $80 million lawsuit from a former employee. The Manhattan Supreme Court dismissed allegations that the business breached an oral agreement over stock options. The court’s judgement, which emphasised the value of written agreements in contractual disputes, strengthens Chainalysis’s legal standing while underscoring the importance of formal […]

Ethereum News

UK Approves First Physical Bitcoin and Ethereum ETFs

The UK Financial Conduct Authority (FCA) has approved the country’s first physically-backed Bitcoin and Ethereum exchange-traded funds (ETFs). WisdomTree has been awarded the regulatory green light to list its products—WisdomTree Physical Bitcoin and WisdomTree Physical Ethereum—on the London Stock Exchange. These ETFs are already available on exchanges such as Deutsche Börse Xetra, Swiss Exchange SIX, […]

Ethereum News

Genesis Crypto Lender Reaches $2 Billion Settlement

Genesis Global, an insolvent cryptocurrency lender, has reached a landmark $2 billion settlement with the New York Attorney General. This historic settlement seeks to reimburse investors duped by the Gemini Earn programme, benefiting at least 29,000 New Yorkers who lost more than $1.1 billion. Attorney General Letitia James underlined the importance of this settlement as […]

Ethereum News

Potential Expansion of Hong Kong’s Bitcoin ETFs

Recent remarks by Richard Byworth, Managing Partner at SyzCapital, have ignited social media discussions concerning the prospective accessibility of Bitcoin ETFs, now listed in Hong Kong, to mainland Chinese investors. Byworth’s tweet alluded to discussions on including these ETFs in the Stock Connect system, which may significantly expand investment opportunities for mainland Chinese capital into […]

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