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Business

Bittrex files for Chapter 11 bankruptcy in the wake of SEC charges
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9 May, 2023

Bittrex files for Chapter 11 bankruptcy in the wake of SEC charges

The move comes only a month after the company announced it was winding down its U.S. operations, a few weeks...
Binance probed for helping Russia dodge economic sanctions
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9 May, 2023

Binance probed for helping Russia dodge economic sanctions

May is taking a bad turn on Binance as the exchange is under investigation for violating economic sanctions against Russia,...
Stablecoins and digital assets unlikely to replace central bank money: Moody’s
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9 May, 2023

Stablecoins and digital assets unlikely to replace central bank money: Moody’s

The author of Moody’s report tells CoinGeek that while stablecoins and Bitcoin are seeing rising adoption, the role of commercial...
New York digital assets bill targets blockchain’s Wild West attitudes
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9 May, 2023

New York digital assets bill targets blockchain’s Wild West attitudes

The draft bill seeks to amend New York's general business law, financial services law, and tax law with new specifications...
Kenya to tax digital assets, NFTs in proposed bill
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9 May, 2023

Kenya to tax digital assets, NFTs in proposed bill

Kenya will impose a 3% tax on the transfer of digital assets and NFTs under the proposed 2023 Financial Bill...
China’s $22M investment fund targets projects building in the metaverse
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9 May, 2023

China’s $22M investment fund targets projects building in the metaverse

Henan Cultural Tourism Investment Group's fund aims to promote Chinese culture and tourism using innovative technology like virtual reality and...
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