State Street Plans to Provide Digital Assets Services
State Street, a global custody bank with $44.3 trillion in assets under management, has chosen Taurus to provide digital asset services.
Bitwise Expands to European Market Through New Acquisition
Crypto asset manager Bitwise has acquired London-based ETC Group, a leading issuer of cryptocurrency exchange-traded products (ETPs).
BlackRock ETFs’ Assets Exceed Grayscale’s
BlackRock’s Bitcoin and Ether ETFs have become the largest publicly traded crypto funds in terms of assets under management, surpassing Grayscale’s products for the first time.
Thailand Announces a Crypto Regulatory Sandbox
The securities regulation agency of Thailand has initiated a sandbox program for companies involved in cryptocurrency as the country continues to navigate the delicate balance between regulatory restraints and innovative developments in the crypto industry.
The SEC Files Lawsuit Against Crypto Pyramid Scheme NovaTech
The SEC yesterday filed a lawsuit against NovaTech, a cryptocurrency company, and its co-founders Cynthia and Eddy Petion.
IRS Unveils an Updated Crypto Tax Form
The US IRS has recently released an updated version of Form 1099-DA, which will be used by brokers to report digital asset transactions to their customers starting in 2025.
Court Pospones Do Kwon’s Extradition Again
Do Kwon’s extradition from Montenegro has faced yet another delay. Montenegro’s appellate court had apparent final decision to extradite Kwon to South Korea, his country of origin.
