FTX Japan prepares refund | Blockchain News

Despite the fact that it is among the 134 companies currently participating in bankruptcy proceedings by FTX, the Japanese affiliate has been working on a plan for customer cash refunds. After it was decided that bankruptcy proceedings would not affect the assets of its customers, the Japanese subsidiary of cryptocurrency exchange FTX devised a plan […]

New York suggests charging crypto firms for regulation

Superintendent Adrienne Harris, from the Department of Family and Social Services, came up the idea. She is currently asking for opinions from the public. The regulator hopes to gain additional supervision. The Department of Financial Services (DFS), New York State, has proposed a change to the statutes that would allow it to tax licensed cryptocurrency […]

Sber Bank’s blockchain technology uses Metamask

Russia’s largest bank has connected its blockchain platform with Ethereum Blockchain to expand its operations in the decentralized finance industry and web 3. Sber, Russia’s largest financial institution and once known as Sberbank, continues to enhance its blockchain platform through the merging of it with the Ethereum blockchain. Sber announced new potential for its proprietary […]

Stripe Is Integrated By Solana Market Maker For Fiat-To-Crypto Transfers

Orca, an automated market maker located in Solana (California), has just completed an interface to Stripe. The company now accepts fiat money and transfers from fiat currencies. Orca is a major automated market maker (AMM) in the Solana environment. This announcement comes as the ecosystem continues to recover after the FTX liquidity shake-up. The announcement […]

Binance employs Trump audit company to check crypto reserves

  For a considerable time, the United States branch was used as an accounting firm by former President Donald Trump. The accounting firm Mazars is collaborating with Binance to conduct the proof-of reserve (PoR), audits that were prompted due to the fall of FTX. According to a Wall Street Journal report on November 30, Mazars […]

Italy will tax cryptocurrency earnings 26%

Capital gains tax of 26% will apply to any profits made from the trading of cryptocurrencies exceeding 2,000 euro ($2,062). Material related to the budget was made public December 1. It is alleged that Italy will increase the regulatory burden for digital currencies in 2023 by expanding its tax laws to cover the trade of […]

A Number of Renowned Speakers are Expected to Take Part in Blockchain Fest Singapore 2023

Blockchain Fest Singapore 2023 will host a number of renowned speakers This presentation contains educational speeches and insights from experts about Blockchain. [Singapore] Marina Bay Sands Convention Center, SingaporeFINEXPO chose to hold their conference at. Blockchain Fest 2023. The event will take place on 16-17 February 2023 starting at 10 AM Singapore time until 6 […]

Starling Bank prohibits crypto purchases and deposits citing danger

Starling, a digital banking institution located in the United Kingdom has been the most recent to prohibit cardholders from engaging any cryptocurrency-related transactions. Starling customers will not be able make Bitcoin (BTC), or receive inbound payments from crypto exchanges. The bank announced the decision to clients and on Twitter. They cited the high perceived risks […]

MetaMask will capture IPs | Blockchain News

ConsenSys issued a revised privacy policy agreement on November 23. ConsenSys has updated its privacy policy agreement to state that MetaMask will begin collecting IP addresses and wallet addresses of customers starting on this date. ConsenSys, however, who developed the wallet, clarifies the fact that users will not be able to gather their data unless […]

Two Uzbek “crypto stores” get their first crypto licenses.

As Uzbek prepares for the implementation of a new cryptocurrency framework, officials in Uzbekistan have started to grant regulatory permissions to local service providers. This adoption is expected in 2023. According to a November 17th public declaration, the National Agency for Perspective Projects has distributed the first crypto licenses. Both Crypto Trade NET LLC LLC […]