Home / Defi News

Defi News

Defi News

October 1, 2024

Taiwan Opens Doors for Professional Investors to Access Foreign Crypto ETFs

Professional investors now have more investment options thanks to a recent move by Taiwan’s Financial Supervisory Commission (FSC) to allow them to use Taiwanese securities companies to purchase international cryptocurrency exchange-traded funds (ETFs). This ruling, which mainly targets institutional investors, high-net-worth people, and customers with sizeable assets, signifies a dramatic change in Taiwan’s financial regulatory […]

Defi News

July 16, 2024

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 […]

BlackRock Bitcoin ETF

Defi News

May 16, 2024

Wisconsin’s $99M Bet on BlackRock’s Bitcoin ETF

Following the SEC’s approval in January 2024, institutional investors and US states have shown an increased interest in the Bitcoin ETF market. Wisconsin’s investment board has made a substantial investment by purchasing $98.6 million in BlackRock’s iShares Bitcoin Trust ETF shares. This significant investment represents an increasing trend among states looking at Bitcoin ETFs. Representative […]

Defi News

May 13, 2024

US Targets Tether: Ripple CEO Predicts Crypto Market Turbulence

In a recent episode of the World Class podcast, Ripple CEO Brad Garlinghouse expressed concern over the US government’s activities against stablecoin issuer Tether. He expressed certainty that the cryptocurrency market is about to experience another considerable upheaval, similar to previous market shake-ups like as the FTX collapse. This statement from Garlinghouse reflects rising concern […]

Defi News

April 4, 2024

Binance Executive Detained in Nigeria

The leading cryptocurrency exchange in the world, Binance, is currently mired in a legal dispute in Nigeria. Tigran Gambaryan, the exchange’s executive, was imprisoned for five weeks before being charged with money laundering. In support of Gambaryan, Binance has issued an official statement claiming that he has no decision-making authority within the organisation. The circumstances […]

Defi News

March 5, 2024

BRICS Forge Ahead with Digital Currency System

Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the United Arab Emirates, also known as the BRICS countries, have unveiled a ground-breaking plan to transform their financial networks. They intend to use blockchain technology and digital currencies to develop a stand-alone payment system in a daring step towards de-dollarisation. This represents a dramatic […]

Popular Categories
English