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IRS issues new tax guidance on NFTs: ‘Collectibles’ are taxable
Under the proposed guidance, NFTs are covered by the tax law if they have been identified as a "collectible," which...
Tron founder Justin Sun, 8 celebrities hit with market manipulation and illegal securities charges
The SEC claims TRX and BTT prices were driven by "wash trading," Sun and his employees manipulated prices for those...
Swiss Banking Association proposes deposit tokens focusing on interoperability
The proposed deposit token will work similarly to a stablecoin and offer use cases in decentralized finance, trading digital assets,...
Philippines places 54th in UNCTAD ranking for innovative tech adoption
The Philippines remains in the "upper-middle" ranking of UNCTAD's Frontier Technology Index, faring better than fellow ASEAN countries Indonesia, Cambodia,...
Digital currency firms eye operations in Hong Kong: Financial secretary
Hong Kong has set up an ambitious plan to build its Web3 ecosystem, drawing interest from nearly 80 digital asset...
AI-themed project riding ChatGPT wave steals over $1M from users
Security firm CertiK confirmed that the Harvest Keeper had stolen over $933K worth of digital assets from users, while around...
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