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Damex Releases in-App Utility Token Damex Token, Enables Users to Earn Rewards for Staking Tokens
20.3.2023
PRESS RELEASE. WATERPORT PLACE, GIB., March 20th, 2023 – Digital Asset Management Limited and the Damex group (“Damex” or “Damex.io”)), a Distributed Ledger Technology provider based in Gibraltar, recently announced its utility token IEO, the Damex Token ($DAMEX), which can be used within the Damex...
Signature Bank deposits, branches sold to Flagstar, crypto not included
20.3.2023
The 40 branches of Signature Bank will officially reopen and operate as Flagstar Bank on March 20
Real-world assets tokenization lacks infrastructure, not just regulation
17.3.2023
Next-generation of securities, assets tokenization has been held back by lack of infrastructure, as well as regulatory standards worldwide according to BlackRock's Larry Fink
Signum Digital scores approval to offer security tokens in Hong Kong
17.3.2023
Hong Kong's Security and Futures Commission greenlights Signum Digital to offer security tokens in the city, after inviting applications for virtual asset trading licenses
Moscow City Crypto Exchanges Ready to Send Cash to London, Report
17.3.2023
An investigation into digital asset exchanges in the Russian capital has established that some of them are ready to buy digital coins and deliver paper money in the U.K. The transfer of funds does not usually involve the identification of the clients, Transparency International Russia reveals in...
Developed markets lagging behind in digital payments: BlackRock CEO
16.3.2023
In a letter to investors, BlackRock CEO Larry Fink highlighted the benefits of digital assets and said developing nations like the U.S. are lagging behind in innovation
Salesforce Web3 to help brands build trusted and scalable NFT programs
15.3.2023
The platform promised to help companies create, manage, and deploy non-fungible tokens (NFTs) in a trusted, scalable, and sustainable way
Bitcoin Becomes 12th Largest Asset Worldwide by Valuation, Surpassing Visa
15.3.2023
After dropping below $26,000 per unit, the price of bitcoin, the leading digital asset by market capitalization, is still up 9.6% since last week. However, its price has decreased by 6.5% in the last 24 hours. Out of the 7,316 companies, crypto assets, precious metals, and exchange-traded funds...
Binance to Restrict Ukrainian Hryvnia Operations Via 2 Payment Providers
15.3.2023
Crypto exchange Binance will stop processing transactions with Ukrainian hryvnia through two payment platforms later in March. The move follows an earlier suspension of deposits and withdrawals using bank cards in the national currency of Ukraine. Ukrainian Users Lose More Fiat Options to Trade...
Marathon Digital: Deposits held at Signature Bank are secure and available
13.3.2023
The company disclosed that it has approximately $142 million in cash deposits at Signature Bridge Bank, which was set up by the FDIC after the shutdown of Signature Bank
Bank of Russia Registers Another Digital Asset Issuer
13.3.2023
The Central Bank of Russia has added another entity to its register of authorized issuers of digital financial assets. The platform, called ‘Masterchain,’ becomes the fifth ‘information system operator’ in the country that can legally tokenize traditional assets and organize their trade. Number...
Binance Trains Ukraine’s Cyberpolice and Security Service
12.3.2023
Crypto exchange Binance has organized training courses for representatives of law enforcement authorities in Ukraine. The leading coin trading platform has been involved in dozens of similar initiatives over the past year, in a number of countries. Binance Provides Crypto Training to Security...
Cryptocurrency Turnover Growing in Russia, Watchdog Reports to Putin
12.3.2023
Use of cryptocurrencies is increasing in Russia, the head of the country’s financial watchdog has informed President Putin. The agency, Rosfinmonitoring, is following thousands of participants in digital asset transactions with a new blockchain analytics system, the official revealed. Volume...
Kazakhstan Shuts Down Crypto Exchange That Transferred $34 Million Through Binance
11.3.2023
Authorities in Kazakhstan have busted an illegal crypto trading platform, seizing over $350,000. The exchange allegedly processed almost $34 million in transactions through wallets on Binance, two of which have been blocked during the ongoing investigation. Digital Asset Exchange Making Millions...
Nigerian president-elect aims to use blockchain technology in the banking sector
10.3.2023
The Nigerian president-elect wants to review existing SEC digital asset regulations to stimulate economic growth
Report: Thai Govt to Grant Tax Waivers to Issuers of Digital Asset Investment Tokens
10.3.2023
Thailand’s government has said companies that issue digital tokens will receive a waiver that exempts them from paying corporate and value-added tax. According to a report, the Thai government anticipates losing just over $1 billion in tax revenue as a result of the waiver. Relaxation of...
Biden budget proposes 30% tax on crypto mining electricity usage
9.3.2023
The tax would be phased-in at 10% per year over three years and covers electricity generated from both on and off-grid sources
House Republicans directly criticize Biden administration for digital asset policies
9.3.2023
"Because of actions taken by this Administration, the United States is at risk of pushing the digital asset ecosystem overseas,” said Republican Financial Services Committee members
Digital Asset Inflows Will Slow Without On-Ramps Between Fiat and Crypto: Morgan Stanley
9.3.2023
Following the closure of crypto-friendly bank Silvergate, the focus will be on actions by Signature Bank and crypto exchange Binance, the report said
CFTC continues to explore digital asset policy considerations in MRAC meeting
8.3.2023
Commissioner Kristin Johnson said in prepared remarks that the U.S. digital economy was "witnessing the deployment of Web 3.0"