A man has been given a five-year prison sentence for his involvement in stealing and laundering about 120,000 bitcoin, valued at over $11 billion based on current prices, from the cryptocurrency exchange Bitfinex.
The crypto industry is advocating for bold policies to promote the widespread use of digital assets and strategizing on the most effective way to push for them.
The UK government has announced plans to launch a pilot program using distributed ledger technology to deliver a digital instrument called “digital gilt,” similar to a bond.
Franklin Templeton has expanded the trading of its OnChain US Government Money Market Fund (FOBXX) to include Ethereum.
Revolut, a London-based neobank, is expanding its Revolut X crypto exchange to all 30 European Economic Area (EEA) countries
Coincheck, a Tokyo-based cryptocurrency exchange and a subsidiary of Monex Group, is poised to become the first Japanese crypto exchange to list on Nasdaq.
Italy is expected to decrease its proposed 42% capital gains tax on cryptocurrency transactions to 28%, marking a significant departure from its previous policy.
