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Article by Steve Kaaru

South Africa demands licensing for digital asset exchanges by December
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13 July, 2023

South Africa demands licensing for digital asset exchanges by December

The FSCA says 20 exchanges have submitted applications, including Digital Currency Group-owned Luno, with the new licensing requirement meant to...
UAE is betting big on block reward mining: report
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12 July, 2023

UAE is betting big on block reward mining: report

The United Arab Emirates reportedly accounts for 4% of the global BTC hash rate, with Abu Dhabi leading the emirates...
Thumbs-up emoji is a valid contract agreement, Canadian judge rules
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11 July, 2023

Thumbs-up emoji is a valid contract agreement, Canadian judge rules

A farmer who replied with a thumbs-up emoji to the photo of a contract agreement will have to pay off...
Bittrex charged in Florida over failure to segregate customer assets before bankruptcy
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11 July, 2023

Bittrex charged in Florida over failure to segregate customer assets before bankruptcy

The Florida financial watchdog charged the exchange in April, but Bittrex wanted the charges dropped, and in return, it would...
Israel: Foreigners may be excluded from taxes on digital asset gains under new bill
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10 July, 2023

Israel: Foreigners may be excluded from taxes on digital asset gains under new bill

The bill passed a preliminary reading in parliament and will also lower taxes on digital asset options for employees as...
IMF: Authorities lost up to $323B in potential digital asset taxes in 2021
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10 July, 2023

IMF: Authorities lost up to $323B in potential digital asset taxes in 2021

IMF says tax systems have yet to evolve to cover digital assets, and the volatility, pseudonymity, and lack of global...

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