South Korea’s Financial Services Commission (FSC) is set to submit a government proposal for the Basic Digital Asset Act in early September, …
Asset
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The Blockchain Association and Crypto Council for Innovation have filed a joint lawsuit challenging Illinois’ Digital Asset Tax Act, setting up a …
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The Crypto Council for Innovation and the Blockchain Association added another lawsuit against the state for its recently approved 0.2% crypto tax. …
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Finance
Dartmouth Endowment’s Crypto ETF Holdings Drop $2.2M as Digital Asset Prices Slide
by shayaanby shayaanDartmouth College’s endowment saw the value of its cryptocurrency exchange-traded fund (ETF) holdings decline by more than $2 million over the second …
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Markets
Bullish Q2 adjusted earnings in line as rise in subscription revenue offsets digital asset slowdown
by shayaanby shayaanDigital asset sales slumped to $32.6 billion from $58.6 billiion a year earlier, but other revenues roughly doubled year-over-year to just shy …
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Coinbase (COIN) is setting up its international tokenization hub in Abu Dhabi, giving the crypto exchange a regulatory base for bringing traditional …
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Adoption
OCC Signals Open Door For National Bank Charters For Digital Asset Firms
by shayaanby shayaanA quiet regulatory signal from the Office of the Comptroller of the Currency could reset the clock for crypto banking in the …
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A South Korean lawmaker has proposed postponing the country’s virtual asset income tax for another three years, pushing the effective date to …
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ADI Chain and Shipfinex are partnering to tokenize commercial ships, aiming to open the $680B ship-finance market to wider capital pool. www.coindesk.com
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Markets
Bybit sues North Korea and Lazarus Group over $1.5 billion hack, secures asset freeze
by shayaanby shayaanThe exchange has secured a preliminary injunction freezing stolen assets. www.coindesk.com