South Africa Approves 59 Licenses for Cryptocurrency Exchanges

by Александр Пирогов | Mar 14, 2024 | Blog News

The Financial Sector Conduct Authority (FSCA) in South Africa has granted operating licenses to 59 cryptocurrency exchanges, out of over 300 providers seeking permits. By law, digital-asset exchanges require permits to operate in the country, and the FSCA has been...

Thailand Introduces Crypto Tax Break to Boost Investment Token Use

by Александр Пирогов | Mar 14, 2024 | Blog News

Thailand’s Revenue Department has approved a tax break for holders of investment tokens, exempting them from personal income tax. The aims is to promote the use of investment tokens for fundraising and stimulate economic growth. Investment tokens are digital...

Australian Court Dismisses Regulator’s Case Against Finder Wallet

by Александр Пирогов | Mar 14, 2024 | Blog News

An Australian court has dismissed a case brought by the nation’s market regulator, the Australian Securities and Investment Commission (ASIC), against Finder Wallet. The court found that the product offered by Finder Wallet, called Finder Earn, did not qualify as a...

Inaugural Southeast Asia Blockchain Convention (SEABC) Concludes Successfully

by Александр Пирогов | Mar 14, 2024 | Blog News

The Southeast Asia Blockchain Convention (SEABC) recently wrapped up its inaugural event on March 10, 2024, in Ho Chi Minh City, Vietnam. This convention, the first of its kind in the Southeast Asia region, drew over 5,000 attendees, including investors, enthusiasts,...

Netherlands Fines Crypto.com $3 Million for Operating Without Registration

by Александр Пирогов | Mar 14, 2024 | Blog News

The Netherlands’ central bank, De Nederlandsche Bank (DNB), has levied a hefty $3 million fine against Crypto.com for operating without registration for over two years. Crypto.com, also known as Foris DAX MT, provided crypto services from May 2020 to November 2022...

NYSE Advances Proposal for 7RCC’s Eco Bitcoin ETF

by Александр Пирогов | Mar 14, 2024 | Blog News

The New York Stock Exchange (NYSE) has taken a big step towards introducing an eco-friendly Bitcoin investment fund in the United States. They’ve submitted an important application to the Securities and Exchange Commission (SEC) that allows for listing and...