Hong Kong is making strides to position itself as a leading global hub for cryptocurrency, yet the city faces calls for faster regulatory action from industry leaders.
Read MoreHong Kong is making strides to position itself as a leading global hub for cryptocurrency, yet the city faces calls for faster regulatory action from industry leaders.
Read MoreWisdomTree, a prominent asset management firm, has officially withdrawn its filing for the WisdomTree Ethereum Trust, which was initially registered on May 27, 2021.
Read MoreState Street, a leading financial services and asset management firm, has unveiled plans for a new digital asset platform tailored for institutional clients.
Read MoreIn a notable shift towards digital asset investments, South Korea’s National Pension Service (NPS) has acquired 245,000 shares of MicroStrategy, valued at $33.75 million, during the second quarter of this year.
Read MoreOn August 8, the Internal Revenue Service (IRS) unveiled a revised draft of Form 1099-DA, aimed at streamlining the process for reporting digital asset transactions. The updated form, tentatively titled “Digital Asset Proceeds From Broker Transactions,” is set to come into effect for transactions starting in tax year 2025, with reports due by April 2026.
Read MoreBitGo, a prominent cryptocurrency custodian firm, has achieved a significant milestone by securing a general payment institution licence from the Monetary Authority of Singapore (MAS).
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