July 6, 2023

Binance to deactivate some deposit addresses for wallet upgrade

Cryptocurrency exchange Binance continues upgrading its wallet infrastructure, which requires affected users to get new wallet addresses.   Binance, one of the leading cryptocurrency exchanges, has […]
July 6, 2023

Bill to exempt foreigners from crypto taxes passes preliminary reading in Israel

The bill would also level up crypto bonuses with employee stock options by reducing the current 50% tax to 25%.   Israel is considering granting an […]
July 5, 2023

US reportedly plans to restrict China’s access to cloud computing services

Report says sources close to the situation have said U.S. officials plan to restrict Chinese companies’ access to cloud computing services as a security measure.   […]
July 5, 2023

UAE free zone teams up with HBAR Foundation to support Web3 startups

The collaboration will give startups access to a grant program and support in areas such as technology, marketing and business development.   RAK Digital Assets Oasis […]
July 5, 2023

South Africa to mandate crypto exchange licenses by end of 2023: Report

South Africa reportedly becomes the first country on the continent to require digital asset exchanges to be licensed.   South Africa’s Financial Sector Conduct Authority (FSCA) […]
July 5, 2023

OPNX launches ‘oUSD’ credit currency for crypto margin trading

The new “credit currency” will allow users to rely on cryptocurrencies as collateral without needing to obtain loans from other institutions.   OPNX, a crypto futures […]
July 5, 2023

Music with AI elements can win a Grammy, Recording Academy CEO says

The CEO of the Recording Academy, known for its yearly Grammy awards, reportedly clarified that music with AI-created elements is eligible for award nominations.   The […]
July 5, 2023

India negotiates cross-border CBDC payments with global central banks

The CBDC aims to enhance the country’s potential for foreign trade with nations that lack U.S. dollar reserves.   The Reserve Bank of India (RBI) is […]
July 5, 2023

Denmark orders Saxo Bank to erase cryptocurrency holdings

DFSA’s decision about Saxo Bank’s crypto holdings will have a “very limited impact” on its business and its customers will not experience any significant changes, the […]
July 5, 2023

Crypto-friendly DBS Bank launches digital yuan payment tool

Crypto-friendly bank DBS has conducted the first e-CNY transaction for corporate clients, involving a catering company in Shenzhen.   DBS Bank China has announced the launch […]

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