Loading...

Digital asset industry leaders rally against Warren’s regulatory proposal

Warren

In a recent development in the ongoing debate surrounding digital assets and regulation, the Blockchain Association (BA) has expressed its opposition to Senator Elizabeth Warren’s proposed Digital Asset Anti-Money Laundering Act (DAAMLA).  Eighty individuals, including former officials from the United States government and military, have signed a letter to U.S. lawmakers asserting that digital assets […]

Asia-Pacific leads global digital asset adoption-Reports

digital asset

In a recent report issued by Circle, the issuer of the USDC stablecoin, the Asia-Pacific (APAC) region is recognized as a global frontrunner in driving the adoption of digital assets.  The report highlights the region’s youthful demographics, mobile-first approach, and remarkable progress in digital wallet adoption. With the potential for digital wallet penetration to reach […]

Digital Asset Brokerage Nonco Secures $10M Seed Funding for U.S. Expansion

Kraken and WazirX list Solana-backed BONK cryptocurrency

Digital asset brokerage firm Nonco has successfully raised $10 million in seed capital. The funding round, comprising a mix of equity and convertible notes, was spearheaded by Valor Capital Group, led by former U.S. Comptroller of Currency and Binance.US CEO Brian Brooks, and Hack VC, an investment firm helmed by Alex Pack, the former co-founder […]

US lawmakers challenge treasury’s digital asset tax proposal

US lawmakers

A significant development in U.S. financial regulation is unfolding as a bipartisan group of lawmakers, including key members from both parties, voiced their concerns over the Treasury Department’s proposed digital asset taxation plan. This proposal, unveiled on August 25, has sparked a heated debate among legislators, culminating in a detailed letter sent to the Treasury […]

Hong Kong lawmaker eager to explore digital asset link with Chinese mainland

Hong Kong lawmaker hopes to explore possibility of digital asset

Johnny Ng, a Hong Kong Legislative Council member, has expressed his aspirations to investigate the potential for interconnectivity between digital asset platforms in Hong Kong and a Shanghai-based exchange. The move comes as the city aims to establish itself as a global web3 hub. Ng expressed his desire for enhanced collaboration between web3 industries in […]

FCA digital assets head resigns less than a year after joining

FCA’s head of digital assets leaves less than one year after joining

Binu Paul, the head of digital assets for the U.K.’s Financial Conduct Authority (FCA), has bid the organization goodbye less than a year after being appointed. Paul initially worked as a fintech specialist lead at the Financial Markets Authority in New Zealand. Last year in October, he was appointed to join the UK FCA, whereby […]

Microsoft, Goldman Sachs, and leading firms collaborate on blockchain network initiative

Microsoft, Goldman Sachs, and leading firms collaborate on blockchain network initiative

Major players in the tech and finance sectors, including Microsoft, Goldman Sachs, Deloitte, and others, are partnering to develop a new blockchain network called the Canton Network. This collaborative effort aims to revolutionize ledger technology in the finance market and connect disparate institutional applications, benefiting the industry. Introducing the Canton Network Announced on May 9, […]

Cryptopolitan
Subscribe to CryptoPolitan