Business

Three Arrows liquidators file claim for $30M ‘Much Wow’ super yacht
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8 December, 2022

Three Arrows liquidators file claim for $30M ‘Much Wow’ super yacht

The infamous yacht, whose name was inspired by the meme coin Dogecoin, was purchased by Kyle Davies and Su Zhu...
Malta to remove NFTs from digital asset regulation in anticipation of MiCA
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8 December, 2022

Malta to remove NFTs from digital asset regulation in anticipation of MiCA

Under the current Virtual Financial Asset regime, which was set up in 2018, NFTs are subject to specific requirements upon...
Coin Recovery: UK Court of Appeal hears that blockchain engineers owe legal duties to their users
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8 December, 2022

Coin Recovery: UK Court of Appeal hears that blockchain engineers owe legal duties to their users

The U.K. Court of Appeal heard Tulip Trading’s arguments that blockchain engineers owe fiduciary and tortious duties to those who...
Hero Mining in the Philippines hit with unregistered digital mining firm warning
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8 December, 2022

Hero Mining in the Philippines hit with unregistered digital mining firm warning

The securities regulator said Hero Mining does not have the required license to offer investment contracts, warning members of the...
South Korean energy giant sets up $84 million fund to spur metaverse adoption
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8 December, 2022

South Korean energy giant sets up $84 million fund to spur metaverse adoption

In support of the government's strategic plan, Daesung Group set up a fund focusing on blockchain, AI, and extended reality...
Digital assets may get legal status in Ukraine via new regulatory framework
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8 December, 2022

Digital assets may get legal status in Ukraine via new regulatory framework

Taxation of digital assets was a key area of discussion among attendees, with the consensus being an amendment of the...
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