Taiwan’s FSC Considers Crypto ETFs, Awaits Global Trends Analysis

by Александр Пирогов | Dec 6, 2023 | Blog News

The Financial Supervisory Commission (FSC) of Taiwan is exploring the possibility of allowing crypto exchange-traded funds (ETFs) in the country. However, the FSC is in the exploratory phase and plans to review global trends and developments before making any...

Kenyan Parliamentary Committee Approves Crypto Tax Bill

by Александр Пирогов | Dec 6, 2023 | Blog News

The Capital Markets (Amendment) Bill in Kenya, which defines crypto assets as securities and imposes capital gains tax on them, has received approval from the National Assembly’s Finance and National Planning Committee. The bill is now set to be introduced to the...

SEC Asserts Court, Not Jury, Should Decide Classification of Crypto as a Security

by Александр Пирогов | Dec 6, 2023 | Blog News

The U.S. Securities and Exchange Commission (SEC) contends that the classification of tokens in its civil case against Terraform Labs should be determined as a “legal question” by the court and not as a “factual question for the jury.” This...

IBM Anticipates Quantum Computing ‘Inflection Point’ by 2029 with 1,121-Qubit Processor

by Александр Пирогов | Dec 5, 2023 | Blog News

IBM has announced its achievement of a significant milestone in quantum computing with a 1,121-qubit processor, representing the pinnacle of its previous quantum roadmap. Preceded by processors like the 433-qubit “Osprey” and 127-qubit “Eagle,”...

UN, Envision and HBAR Collaborate to Launch Digitization Platform for Carbon Market

by Александр Пирогов | Dec 5, 2023 | Blog News

Developed in collaboration with the UN Climate Change Global Innovation Hub (GIH), Envision Blockchain, in partnership with the HBAR Foundation and Swirlds Labs, aims to use decentralized blockchain technology for the digital transformation of carbon markets by...

28 Indian VASP Register with Country’s AML Unit FIU-IND

by Александр Пирогов | Dec 5, 2023 | Blog News

As part of regulatory compliance, 28 Virtual Digital Assets (VDA) or crypto service providers have registered with India’s Financial Intelligence Unit (FIU). The registration is in accordance with the mandate from India’s Finance Ministry, which requires...