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.
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.
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.
Prime Trust Halts Withdrawals Following Nevada Regulator’s Order
Crypto custodian Prime Trust has been issued a directive from the Nevada Department of Business and Industry that requires it to suspend fiat and digital asset deposits and withdrawals.
Wyre Announces it is Closing its Business
After ten years of operation, US crypto payment company Wyre has announced it is shutting down due to harsh bear market conditions.
Texas Regulator Orders Digital Asset Platform Abra to Cease Operations
The Texas Securities Board (USA) has issued an order for Abra to cease operations immediately due to accusations of securities fraud.
