SBI Partners Circle for USDC Integration in Japan
The move follows the Japanese government's recent revision of the Payment Services Act on June 3, 2023, which aims to regulate stablecoins.
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Trending News
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Crypto Heist: Kimsuky's Covert Operation Targeting South Korean Officials
Kimsuky, a North Korean hacking group, employs tactics to target South Korean officials in a cryptocurrency theft scheme, prompting a surge in cybersecurity measures.
Hui XinNorse Atlantic Airways: Pioneering Green Aviation with AI Robots
Norse Atlantic Airways takes a bold step towards greener skies, leveraging AI robots for aircraft maintenance to reduce fuel consumption, recycle glycol, and expedite inspections by 90%.
JasperJapanese Tax Agency Scrutinises Crypto Tax Violations
The Japanese National Tax Agency (NTA) reveals an increase in crypto tax violations, with 548 cases identified out of 615 inquiries in the fiscal year 2022. Although the average undeclared income per case dropped to $206,000, the cumulative value rose to $126.5 million, prompting calls for tax system reforms in Japan amid criticisms of the current structure's impact on firms holding coins.
JixuArgentina President Javier Milei Confirms Shutdown of Central Bank
The announcement comes as part of broader leadership changes, with economist Osvaldo Giordano heading the ANSES and engineer Horacio Marín taking charge of YPF from December 10.
DavinDappBay’s Red Alarm Flags Over 100 Risky BNB Chain dApps [Updated]
BNB Chain recently unveiled insights shedding light on its DappBay platform. At the forefront of the Red Alarm list is Genesis Universe, an NFT-based game on BNB Smart Chain. Despite its play-to-earn mechanism, caution is advised due to its presence on the Red Alarm list, highlighting operational uncertainties.
JoyWhat Happens to Hong Kong's Crypto Regulation After the JPEX Rugpull?
Financial technology solution providers suggest that future collaborations between banks and tokenised platforms may further fuel the development of the virtual asset industry.
BrianBrazilian Judiciary Halts NFT Pyramid Scheme: Assets Worth $5.6M Seized
The Santa Catarina Judiciary in Brazil has frozen $5.6 million in assets linked to an NFT pyramid scheme. Victims, reporting losses over $3.9 million, were enticed with promises of up to 20% monthly returns. Operation 'Cripto X' revealed the scheme's depth, prompting civil and criminal actions against eight individuals and 14 companies. The freezing of assets aims to compensate victims as the scheme collapsed due to liquidity issues and challenges in repatriating funds.
JixuCoining Success: Circle and SBI Forge Path for USDC Triumph in Japan
Circle and SBI unite forces to drive USDC's digital currency revolution in Japan, navigating regulatory landscapes for widespread adoption and marking a milestone in the global financial shift.
Hui XinAzuki DAO Transforms into 'Bean' Memecoin; Legal Dispute with Founder Settled
Azuki DAO transforms into memecoin "Bean" with $10 million funding for integration into the Blast ecosystem. The 1 billion token supply includes a 50% distribution through an NFT airdrop to the Azuki DAO community. Legal disputes with Zagabond over the "Elementals" series are resolved as Azuki DAO drops the proposed lawsuit, marking a pivotal moment for the Azuki community. Future plans and financing details for Bean's memecoin project are anticipated.
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