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The firm planned to launch a digital asset securities platform in Singapore, as well as provide custody, capital markets products, and corporate finance advisory services. Go to Source Powered by WPeMatico
A total of seven mayors received the NFT awards for various initiatives they undertook to ease the lives of the public in their respective regions. Go to Source Powered by WPeMatico
On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates Mt Gox Creditors — Repayment Date and Exchange Still Unknown Last week speculation and rumors concerning the release of 140K bitcoin (BTC) from Mt … Read more
The Restriction Reference Period is one of the final steps in repaying creditors, according to the document released Wednesday. Go to Source Powered by WPeMatico
Industry experts say that the current scheme is stifling domestic innovation in the virtual currency sector. Go to Source Powered by WPeMatico
SBI Holdings, the largest online brokerage in Japan, is shutting down its crypto mining business in the Russian Federation. Amid mounting uncertainty over the future of such investments due to the ongoing conflict in Ukraine, as well as decreased mining profits, the financial firm said it plans to sell its equipment and withdraw. Japan’s SBI … Read more
After terminating mining operations in Russia’s mining-rich region of Siberia in February, SBI still continues running some mining activity in the country. Go to Source Powered by WPeMatico
The proposal calls for a separate 20% tax on crypto earnings and exemptions of any tax on crypto gains, with losses carried forward for up to three years. Go to Source Powered by WPeMatico
The Sumitomo Mitsui Banking Corporation (SMBC), the second largest of the three biggest banks in Japan, has announced it is planning to expand into digital asset businesses, including non-fungible tokens (NFTs) and Web3 platforms. The company will partner with Hashport, a group that offers tokenization and listing services in Japan, to launch a token business … Read more
The company said the move intends to cover all NFTs listed on the HARTi platform with no cost to the seller. Go to Source Powered by WPeMatico
