The independent legal committee in the United Kingdom proposes amendments to the law to enable dealing with digital assets. The committee aims to establish a new category known as "digital objects," which includes cryptocurrencies and non-fungible tokens. It recommends the formation of an expert...
The National Tax Agency of Japan has announced a relaxation of its stance on imposing taxes on digital assets for companies dealing with company-issued digital currencies. Under the current rule, unrealized gains from company-issued digital currencies will not be subject to taxation. This measure...
Fidelity Investments, the world's third-largest asset management company with $4.2 trillion in assets under management, is preparing to file an application to launch a Bitcoin exchange-traded fund (ETF) similar to the Grayscale Bitcoin Trust. The company also plans to make an acquisition offer for...
Changpeng Zhao, the founder and CEO of the world's largest digital asset trading platform, Binance, has announced a positive outcome in the legal battle with the U.S. Securities and Exchange Commission (SEC). Zhao's comments came after he and the entities operating Binance's U.S. platform...
Raoul Pal, former Goldman Sachs executive and current CEO of Real Vision, predicts a significant rise in the cryptocurrency market in the coming years. He suggests that a new era called the "age of vertical inequality" is taking place in the technology and cryptocurrency...
The U.S. Financial Services Committee on Financial Services has renewed its agenda and scheduled a hearing on digital currencies to discuss their future and provide clarity to the digital asset environment. The session is set to take place on June 13th at 2:00 PM...