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LD Capital Establishes $50M FOF for Supporting High-Quality Blockchain Funds Worldwide Including 1kx – Press release Bitcoin News

press release PRESS RELEASE. LD Capital announced it established a 50 million US dollars FOF towards supporting high-quality blockchain funds worldwide. Besides the financial support, hundreds of the projects invested by LD Capital will be shared as resources to the participated funds with post-investment services such as strategy consulting, market

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Law Project Establishes Period to Decide Cryptocurrency Regulations in Brazil – Regulation Bitcoin News

A law project introduced in June in the National Congress of Brazil has jumped into the spotlight recently because it establishes a fixed period for the executive to start regulating cryptocurrency transactions. If approved, the proposal will establish the payment of taxes for cryptocurrency-based transactions. The project is being reviewed

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Nigeria’s securities regulator establishes fintech unit to study crypto

In 2021, financial institutions operating in Nigeria have been the lever of a government crackdown on cryptocurrencies, beginning with February’s notorious central bank ban on lenders providing services to crypto exchanges in the country. With much of the Nigerian crypto market of necessity peer-to-peer, Nigeria’s Securities and Exchange Commission (SEC)

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Orion Protocol Establishes the First and Only Decentralized Gateway to the Entire Crypto Market

The cryptocurrency ecosystem has grown significantly over the last few years. However, the use of digital assets is only limited to tech-savvy individuals, especially from countries where cryptocurrencies are gaining more mainstream attention and status. For most of the world’s population, the concept of digital currencies seems a bit far-fetched, primarily

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IDG-Backed Crypto Exchange KuCoin Establishes KuGroup to Expand Services

Despite the ongoing global crisis fueled by intensifying coronavirus fears, Singapore-based cryptocurrency exchange KuCoin takes action to expand its services and restructure business.Backed by major venture capital firm IDG Capital, KuCoin exchange has established KuGroup, a core division of the company that will manage all KuCoin products.KuCoin announces two

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New South Korean Legislation Establishes Legal Framework for Crypto

South Korea’s National Assembly’s policy committee passed a bill on Tuesday, adding new amendments to the Act on Reporting and Using Specified Financial Transaction Information that will create a groundwork for digital currencies by classifying them as virtual assets.One of Korea’s financial regulator, the Financial Services Commission (FSC), claims that

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