DigiFT Launches DMMF Token: A New Cash Management Option in the Crypto Space

by Александр Пирогов | Apr 8, 2024 | Blog News

DigiFT Singapore, has introduced its second-series RWA depository receipt (DR) token, the DigiFT USD Money Market Fund Token (DMMF). This token provides investors with a secure and compliant cash management option within the crypto space. The launch of DMMF comes...

Paraguay Faces Potential $200 Million Annual Loss Due to Proposed Crypto Mining Ban

by Александр Пирогов | Apr 8, 2024 | Blog News

Lawmakers in Paraguay have introduced a draft bill to ban crypto mining in response to concerns about illegal mining operations draining power and disrupting the country’s electricity supply. If passed, the ban would last 180 days or until new laws are enacted...

Coinbase Wins Lawsuit: Court Rules Secondary Crypto Sales Not Securities Violation

by Александр Пирогов | Apr 8, 2024 | Blog News

Coinbase has emerged victorious in an ongoing lawsuit as the United States Court of Appeals for the Second Circuit ruled in its favor, confirming that secondary sales of cryptocurrencies on its platform do not violate the Securities Exchange Act. The ruling affects a...

Coinbase Secures Restricted Dealer License in Canada

by Александр Пирогов | Apr 5, 2024 | Blog News

Coinbase, a prominent cryptocurrency company based in the United States, has secured a restricted dealer license in Canada. This license allows Coinbase to officially operate in Canada in compliance with regulatory requirements. The process of acquiring this license...

Brazil Proposes New Taxation Scheme for Cryptocurrencies

by Александр Пирогов | Apr 5, 2024 | Blog News

Brazil is introducing a new taxation scheme for cryptocurrencies, to change the way these assets are taxed. Under proposed bill to be presented to the National Congress, cryptocurrencies would be taxed similarly to shares and capital instruments with variable exchange...

Elon Musk Seeks EU Approval for Grok AI, Eyes Global Expansion

by Александр Пирогов | Apr 5, 2024 | Blog News

Elon Musk is aiming to deploy his artificial intelligence venture, xAI’s chatbot Grok AI, in the European Union (EU), as part of his strategy to expand its global reach. Musk’s ambition aligns with the development of Grok 2, touted as a groundbreaking AI...