The Swiss crypto bank SEBA Bank AG has rebranded to AMINA Bank AG. This move, which was announced on November 30, 2023, has been described by the company as a new era of potential growth for its clients globally. Franz Bergmueller, the CEO of AMINA Bank AG, mentioned in a statement on Businesswire: “While we […]
Tag: STO
Do Kwon and Terraform Labs Face Escalating Troubles: Class Action Advances in Singapore
A class-action lawsuit against Terraform Labs and its Co-Founders will advance in Singapore. This follows a decision by the High Court to dismiss the defendants’ appeal. It marks an important milestone in a case initiated by Julian Moreno Beltran and Douglas Gan on behalf of multiple parties, the Business Times reported. Following the collapse of […]
Ethereum monopoly talk sparks SEC concern; whales monitoring Borroe Finance presale
In the dynamic and often unpredictable world of cryptocurrencies, Ethereum has recently found itself at the centre of a complex monopoly debate, closely watched by the SEC. Simultaneously, in the bustling DeFi and NFT markets, BorroeFinance’s ($ROE) presale is turning heads, especially among crypto whales. Let’s delve deeper into these trending topics and what they […]
Brazil Passes 15% Tax on Offshore Crypto Holdings
The Brazilian Senate has passed legislation proposing an income tax on crypto gains from offshore exchanges, awaiting final approval from the country’s president. This proposal is slated for potential enactment on January 1. The bill aims to introduce a levy of 15% on all earnings garnered from cryptocurrencies held on offshore exchanges, Cointelegraph reported. If […]
Nexo Integrates Koinly to Streamline Crypto Tax Reporting
Crypto trading platform Nexo has announced an integration with Koinly, the leading tax calculation service. Koinly has grown to become the industry’s dominant tax software solution, its popularity aided by the vast number of exchanges and wallets it supports. With Koinly integrated into Nexo, users of the crypto investment and trading platform will be able […]
Top 10 ERC Token Standards You Need to Know
Learning about the top 10 ERC token standards can help you succeed. The Ethereum ecosystem is the largest and most popular blockchain community in the world. Ethereum has always been a strong contender in the market due to its pioneering efforts and proprietary technology. When you review the rise of this mighty crypto community, you […]
Fasset Becomes Sixth Crypto Firm to Secure Dubai VARA License in November
The digital asset brokerage Fasset FZE has obtained a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). This license marks the culmination of VARA’s rigorous approval process and permits Fasset to offer broker-dealer services to a diverse clientele, including both retail and institutional investors, through its web3-based financial services platform. […]
Cristiano Ronaldo “CR7” Grapples with $1B Lawsuit over Binance Endorsement
Soccer star Cristiano Ronaldo is entangled in a class-action lawsuit in the United States amounting to over $1 billion, involving his association with Binance. Plaintiffs have asserted that Ronaldo endorsed the crypto exchange, leading them to incur financial losses. According to a report by the BBC, the lawsuit states that Ronaldo’s promotional activities influenced individuals […]
Six Megatrends That Will Define Digital Assets in 2024
2024 will mark 15 years since Satoshi’s whitepaper ushered in the digital assets era, and what a ride it has been. What was initially launched as an experiment on the fringes of the internet has evolved into a bona fide asset class attracting the attention, and capital, of the best investors in the world. Like […]
Paxos Secures In-Principle Approvals for Stablecoin Issuance in Abu Dhabi
Paxos, a blockchain and tokenization infrastructure platform, has secured in-principle approvals from the Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority (FSRA). The approvals pave the way for Paxos to issue USD and other currency-backed stablecoins, as well as provide crypto-brokerage and custody services through two regulated ADGM entities. Paxos Eyes Global Expansion for […]
