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U.S. policymakers embrace crypto expertise, aiming for clarity and fairness
18/12 06:24
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Trending News
- Hui Xin
Singapore's StraitsX Acquires Major Payment License for XSGD, XUSD Issue
Much like the others that have acquired the MPI license in Singapore before it, such as GSR, Coinbase, and Ripple, this approval allows StraitsX to operate as a licensed provider for digital payment token services.
DavinAnimoca Brands Japan Introduces Exclusive 'Liar, Liar' E-Figurine NFT Collection
Animoca Brands Japan unveils limited edition 'Liar, Liar' E-Figurine NFTs, merging digital and physical collectibles in San FranTokyo's Weebox. March 2024 release offers fans a unique 'phygital' experience, immortalizing beloved anime characters in exclusive runs of 1,000 NFTs per character.
JixuCoinbase Challenges US Treasury in Legal Bout Over Tornado Cash Sanctions
Coinbase is contesting the US Treasury's sanction on Tornado Cash, a decentralized project, sparking a legal clash between crypto and regulators. The dispute centres on Tornado Cash's privacy-focused Ethereum platform, challenging government oversight in regulating decentralized applications and highlighting the broader conflict between regulatory control and individual privacy rights in the bitcoin industry.
JixuHex Trust Gets Green Light for Cryptocurrency Custody in Dubai
Hex Trust obtains regulatory approval for cryptocurrency custody services in Dubai, advancing its Middle East expansion in line with the emirate's progressive regulations.
Hui Xin"Cryptocurrencies Have Failed" Says Managing Director of MAS
Ravi Menon, Managing Director of the Monetary Authority of Singapore (MAS), asserted that cryptocurrencies have fallen short as digital money, lacking stability as a medium of exchange or store of value.
AaronU.S. Lawmakers Challenge Proposed Crypto Taxation
U.S. lawmakers, led by McHenry and Torres, challenge proposed digital-assets taxation, citing concerns over the broad 'Broker' definition impacting the digital asset community.
Hui XinWhy Is Polygon's Gas Fee So High Today?
This surge in network activity resulted in a spike in transaction costs, soaring to over 7,000 Gwei (up from 100 Gwei the previous day) before stabilising around at the lowest point at 400 Gwei, according to Polygonscan.
DavinSeoul High Court Grapples with 110 Billion Won Fraud Allegations Against Former Chairman Lee Jeong-hoon
The Seoul High Court's 5th Criminal Division, under the guidance of Presiding Judge Seo Seung-ryeol, delved into an appeal hearing regarding fraud charges amounting to 110 billion won against former Chairman Lee Jeong-hoon. The prosecution urged a reconsideration of the initial ruling, pushing for an 8-year prison sentence identical to the first trial's decision.
JoyXREX Receives In-Principle Approval for Major Payment Institution License
The Monetary Authority of Singapore (MAS) has granted initial approval for a license, enabling XREX to offer digital payment token products and services in the city-state.
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