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    Blockchain

    Legal Twist Let South Korean Treasury Make $3.7m from Seized Crypto

    A legal twist allowed the South Korean Treasury to make a large profit on crypto seized by law enforcers in 2018 – and liquidated while Bitcoin (BTC) was trading for just under $40,000.

    Digital Currency Group’s Q1 2023 Revenue Jumps, CFO Michael Kraines Resigns – Here’s the Latest

    Barry Silbert’s crypto conglomerate Digital Currency Group (DCG) saw its revenue rise 63% in the first quarter compared to the prior quarter, but it was still down on a year-over-year basis.

    Coinbase Debuts International Exchange Following Feud With a U.S. Regulator

    The largest U.S.-based cryptocurrency exchange launched the Coinbase International Exchange, which will be open to institutional investors outside the U.S., following tension with the Securities and Exchange Commission over the past few weeks. 

    «Shark Tank» Meets Crypto: CoinMarketCap Launches «Killer Whale» TV Show

    Major crypto price tracking site CoinMarketCap is venturing into the world of reality TV with the launch of “Killer Whales,” a new contest show focused on Web3. 

    A16z Crypto Calls for ‘More Nuanced’ UK Regulatory Framework for Digital Assets

    Venture capital giant Andreessen Horowitz, better known as a16z, has called for a “more nuanced” approach to crypto regulations in the UK, saying the current don’t distinguish between risky centralized crypto systems and less risky decentralized systems.

    “Binance Japan” Set to Launch in June – Which Country Comes Next?

    The crypto exchange giant Binance is set to launch “Binance Japan” next month by rebranding a Japanese exchange it bought late last year.

    Generative AI: Legal Challenges and Opportunities in the Crypto World

    Artificial Intelligence has been very much in the news lately, and it seems that every day we hear about new amazing things that can be done with this technology. Yet with great power come great challenges. There are currently legal questions regarding A.I. content, that once sorted out, will open up brave new venues for using it, particularly in the crypto sector.

    JPMorgan Pursues Tokenization Plans Despite Crypto Downturn and Regulatory Hurdles

    Major Wall Street investment bank JPMorgan is moving forward with its push to tokenize traditional financial assets despite last year’s market downturn.

    Visa to Develop Brazilian Blockchain-powered CBDC Project

    The payments giant Visa has unveiled a new blockchain and central bank digital currency (CBDC) project in Brazil.

    New Ukrainian Crypto Regulations to Debut by Year’s End – Here’s All You Need to Know

    Ukraine is set to roll out new, EU-inspired crypto regulations, with Kyiv hoping to impose the rules before the year is out.

    China’s Metaverse Geared Towards Work and Health – Is This the Future?

    As Meta and other Western tech giants seek to create virtual worlds for consumers in the metaverse, China is taking a different approach. 

    Court Orders Crypto Exchanges to Aid in Investigation of Collapsed Globix Trader

    A court in the British Overseas Territory of Gibraltar has ordered several crypto exchanges to assist in the investigation of the collapsed crypto trading firm Globix.

    Bahamas Securities Commission Unveils Draft Digital Assets Act in Response to FTX Scandal – Here’s the Latest

    The securities regulator in the Bahamas has unveiled a new piece of draft regulation developed as a response to the collapse of the Bahamas-based crypto exchange FTX.

    French Crypto Traders Declared $442 Million Worth of Profits in Recent Tax Year – Here’s the Latest

    French taxpayers declared some $442 million worth of crypto trading profits in the most recent tax year, per the nation’s tax body.

    European Central Bank: Digital Euro to Offer ‘Maximum Privacy,’ Though Not as Much as Cash

    A new central bank digital currency (CBDC) in Europe would be designed with privacy in mind, although it would never be as private as cash is, according to a European Central Bank (ECB) official.