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author

Article by Steve Kaaru

Singapore central bank working on digital asset banking standards
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16 April, 2023

Singapore central bank working on digital asset banking standards

The MAS is in a working group with banks and authorities to develop standards for banks to onboard VASPs; however,...
Bitmain spinoff Bitdeer now public on Nasdaq via SPAC deal
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15 April, 2023

Bitmain spinoff Bitdeer now public on Nasdaq via SPAC deal

Bitdeer, whose chairman Wu Jihan founded ASIC maker Bitmain, has made its debut on Nasdaq following a deal valued at...
Spain to send more than 300,000 tax notices to digital asset holders
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14 April, 2023

Spain to send more than 300,000 tax notices to digital asset holders

Spain’s taxman has increased the notices by 40% from last year’s tally as it ramps up its Bitcoin tax scrutiny,...
Paxos exits Canada amid increasing regulatory crackdown
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14 April, 2023

Paxos exits Canada amid increasing regulatory crackdown

Paxos follows exchanges OKX and dYdX which have announced exits from Canada at a time when regulators have enforced new...
Thailand’s opposition party promises $15 billion in digital tokens if it wins
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14 April, 2023

Thailand’s opposition party promises $15 billion in digital tokens if it wins

Pheu Thai will give each citizen above 16 years old $300 in digital tokens to spend in their neighborhood to...
Australia weighs banning ransomware payments amid hike in attacks
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14 April, 2023

Australia weighs banning ransomware payments amid hike in attacks

Australia is considering a proposal to ban ransomware payments which some experts claim would disincentivize the hackers in the wake...
ASIC-maker Bitmain fined $3.6 million in China over tax violations
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13 April, 2023

ASIC-maker Bitmain fined $3.6 million in China over tax violations

Bitmain must pay $3.6 million for allegedly failing to pay personal income taxes worth $2.4 million despite notices from the...
South Korea’s GDAC exchange loses $13 million in hack
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13 April, 2023

South Korea’s GDAC exchange loses $13 million in hack

Hackers targeted GDAC’s hot wallet, stealing 60 BTC, 350 ETH, and 10 million WEMIX tokens, accounting for a quarter of...
UK central bank to set up 30-member Britcoin team: report
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13 April, 2023

UK central bank to set up 30-member Britcoin team: report

Bank of England is ramping up its central bank digital currency efforts and hiring developers, security architects, and more despite...
China, Hong Kong take the lead in blockchain logistics: report
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13 April, 2023

China, Hong Kong take the lead in blockchain logistics: report

Blockchain use in logistics and supply chain was dealt a big blow when Maersk and IBM shut down TradeLens; the...
SBI Crypto sues Texas data center for deception
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13 April, 2023

SBI Crypto sues Texas data center for deception

Riot Blockchain-owned Whinstone US allegedly lied about holding building permits and power contracts in Texas, leading SBI Crypto to lose...
Arkansas seeks to protect BTC miners with new bill
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11 April, 2023

Arkansas seeks to protect BTC miners with new bill

A bill passed by the Arkansas Senate grants miners the same rights as data centers, so long as they pay...

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