Japan Could Tax Crypto as a Financial Asset
Japan’s Financial Services Agency has suggested the possibility of taxing crypto holdings as financial assets rather than as income.
Swiss Bank ZKB Launches Bitcoin and Ether Trading for Retail Customers
Zürcher Kantonalbank (ZKB), the fourth-largest bank in Switzerland, is now offering retail customers the option to buy, sell, and hold Bitcoin and Ethereum.
Robinhood Settles Charges with California Department of Justice
Robinhood’s subsidiary for trading cryptocurrencies previously prohibited customers from withdrawing the tokens they purchased.
Nexo Resumes Registrations in UK
In accordance with the new guidelines set by the Financial Conduct Authority (FCA), Nexo, a centralized crypto lender, has resumed client registrations for UK residents on Tuesday.
Ripple Plans to Add Smart Contracts to XRP Ledger
Ripple has announced plans to integrate smart contracts into the XRP Ledger (XRPL) developer ecosystem.
Matter Labs Reduces Workforce by 16%
Matter Labs, the main developer behind the Ethereum layer-2 protocol ZKsync, has announced a restructuring that includes laying off 16% of its employees.
Qatar Launches a New Regulatory Framework for Digital Assets
The Qatar Financial Centre, located in Doha, Qatar and designated as a special economic zone, has recently announced a regulatory framework for digital assets in response to the increasing cryptocurrency activities in the region.
