Cryptocurrency Analysis and News Portal
The token, dubbed ZipangCoin (ZPG), will be sold to retail investors and will be linked to the price of gold in yen, procured by Mitsui from the London Metal Exchange, according to the report. The price of one ZPG will equal the value of one gram of gold and will
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Industry association Japanese Virtual Currency Asset and Exchange Association (JVCEA) has to approve token listings on exchanges. Source
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A new report indicates that the blockchain industry is set for astronomical growth in the next decade, with the North American market leading the way. The report by Fortune Business Insights, titled “Blockchain Market Analysis Research Report, 2021-2028,” mentions that the global blockchain market size is expected to reach a whopping $104.19 billion
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Yuga Labs, the startup behind Bored Ape Yacht Club, is in talks with crypto venture capital heavyweight Andreessen Horowitz over a funding round that would value it at as much as $5 billion. Original Source
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2021 was not just the year of institutionalization of crypto and new all-time highs; it also turned out to be the biggest year for crypto philanthropy.According to research data from The Giving platform, crypto donation volume rose to $69.6 million in 2021 compared to $4.2 million in 2020. Crypto donation volume
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Leading exchanges, polled by the Russian press, have indicated they are not afraid of the upcoming strict crypto regulations. A requirement for coin trading platforms to establish a local office is one of the proposals in a regulatory roadmap drafted by the government in Moscow. Cryptocurrency Exchanges to Set Up Shop
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“It's not a very good idea to get into crime in NFTs because it's expensive,” said Kim Grauer, Chainalysis’ head of research. “It's hard to guarantee you'll be profitable if you wash trade, and if you want to use [NFTs] to launder money, we can trace it, and you will
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The Japanese industry body that makes rules for crypto exchanges is considering easing restrictions on listing new tokens, Bloomberg reported on Wednesday.Under the proposed new rules, crypto exchanges will be able to list more than a dozen tokens at once, Bloomberg said, citing people familiar with the matter. The current
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Reddit co-founder Alexis Ohanian’s venture firm 776 Management plans to double down on crypto in the coming year, having raised $500 million across two new funds, the Wall Street Journal reports.The newly launched Funds II include an early stage-focused $300 million vehicle, and a $200 million fund which will invest
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Thailand has axed plans to levy a 15% withholding tax on cryptocurrency transactions following pushback from the country's crypto traders.Earned income on crypto trading or mining can be reported as capital gains on income taxes, tax officials said on Monday, according to a Financial Times report. The new rules would
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