Monday, November 25, 2024
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Former FTX exec plans to plead guilty to criminal charges: Report

Ryan Salame, the former co-CEO of FTX Digital Markets, is reportedly planning to plead guilty to criminal charges related to his alleged involvement in illicit activities at the failed cryptocurrency exchange.According to a Sept. 7 Bloomberg report citing “people familiar with the case”, Salame plans to plead guilty to a

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Ronaldo hints at NFT plans, and will the metaverse be a ‘tax haven?’: Nifty Newsletter

In this week’s newsletter, read about how German flagship airline Lufthansa uses nonfungible tokens (NFTs) to reward loyal customers and how soccer superstar Cristiano Ronaldo teased his future NFT plans during a lie detector test. Check out why a law professor believes the metaverse should be taxed, and find out

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Anoma Foundation Plans Native Blockchain for Privacy-Focused Namada Protocol

“The lack of privacy in crypto is becoming an existentially threatening centralization point,” said Awa Sun Yin, co-founder of Namada, during a KBW panel. “In recent years, we’ve seen large improvements in cryptography, combined with a more mature and growing multichain landscape – making it possible to make the best

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Japan’s Regulator Plans to Scrap ‘Unrealized Gains’ Tax on Crypto

Japan has been actively reassessing its crypto tax regulations since last year, with a focus on creating an environment that encourages the growth of blockchain startups within the country. Japan’s financial regulator, the Financial Services Agency (FSA), has unveiled a groundbreaking proposal that could reshape the country’s crypto taxation landscape. On

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South Korea Legislators Plans to Submit Bill to Track and Neutralize Digital Assets Stolen by North Korea Hackers

The North Korean government is said to sponsor hackers to steal digital assets and fund its military operations, with on-chain analysis suggesting they have siphoned over $2 billion since 2018. The Republic of Korea (South Korea) is reportedly working on a bill to track and seize digital assets stolen by hackers

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London Stock Exchange Group Plans to Embrace Blockchain Technology for Operational Efficiency

Murray Roos clarified that the exploration of blockchain does not mean that the exchange is delving into cryptocurrencies like Bitcoin and Ethereum. The London Stock Exchange Group (LSEG), one of the oldest and most reputable stock exchanges in the world, is embarking on the integration of blockchain technology into its operations

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