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June 28, 2023

BoE Says Digital GBP Does Not Need a Blockchain

The Bank of England is currently assessing various options for digital pound, including public blockchains, though it is uncertain whether the technology would provide more efficiency than traditional software.

News
June 28, 2023

Nevada Regulator Asks Court to Ban Prime Trust from Any Business Operations

The Nevada Department of Business and Industry has filed a petition with the court to prevent Prime Trust’s crypto custodian from engaging in further business operations.

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June 27, 2023

Japan Eases Tax Burden on Token Issuers

Token issuers in Japan are exempt from paying 30% tax on unrealized profits from issued and held coins after clarification of the relevant law by the National Tax Agency.

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June 27, 2023

Uzbekistan Issues its First License for Crypto Depository

The National Agency for Advanced Projects of Uzbekistan (NAPP) issued on June 21 the first license to Lockton Hub crypto depository.

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June 27, 2023

MakerDAO Reduces USDC Collateral

On March 13, MakerDAO’s DAO protocol experienced an all-time high, with nearly 4.4 billion USD Coin (USDC) locked in PSM mechanisms.

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June 26, 2023

Binance.US Unblocks Withdrawals

Binance.US has released a statement informing clients that USD withdrawal orders may be stopped in the near future.

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June 26, 2023

Former CFTC Chief Says SEC’s Action Against Coinbase Was Intentional

Former CFTC Chairman Christopher Giancarlo has stated that the SEC’s decision to file charges against Coinbase just hours before the exchange’s Chief Legal Officer Paul Grewal testified before Congress was “deliberate.”

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"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution."
- Satoshi Nakamoto (Bitcoin White Paper)

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