FIFA, the organisation overseeing global soccer tournaments, plans to release its exclusive collection of nonfungible tokens (NFTs) before the 2023 Club World Cup in Saudi Arabia, partnering with the blockchain company Modex.Continue Reading
The recent update in Google's advertising policy now permits crypto trust ads starting at the end of January. Coincidentally, this aligns with predictions for the approval of spot Bitcoin exchange-traded funds (ETFs) in the US during the same month.Continue Reading
The SEC and Fidelity in the United States convened to review Fidelity's Wise Origin Bitcoin Trust application, examining diagrams and the operational aspects of the product.Continue Reading
Binance founder Changpeng “CZ" Zhao must stay in the United States until he is sentenced in February as he's unlikely to return to the country if allowed to travel to the United Arab Emirates, a federal judge has ruled.Continue Reading
Judge Richard Jones has approved Changpeng Zhao, ex-CEO of Binance, admitting guilt to charges of money laundering. However, the decision regarding his departure from the U.S. before the February sentencing is pending.Continue Reading
Hashdex, among the 13 asset managers competing for a spot in the Bitcoin exchange-traded fund arena, foresees the inaugural spot Bitcoin ETF arriving in the United States by the second quarter of 2024. A spot Ethereum ETF is expected to follow suit.Continue Reading
BlackRock, the massive asset management firm, submitted a revised S-1 filing to the Securities and Exchange Commission on Monday for its intended spot bitcoin ETF, mirroring Bitwise's similar action.Continue Reading
Crypto Tax Criticism in Australia Crypto tax guidelines in Australia have been criticized by a law firm for their lack of clarity and controversial nature, likening them to “toilet paper.” The Australian Tax Office (ATO) released guidance on Nov. 9, outlining potential tax implications for decentralized finance (DeFi) activities. However, in a Nov. 27 blog...Continue Reading
Recent Comments