China plans return to crypto industry – Justin Sun
Tron founder Justin Sun through a series of tweets believes China is preparing a comeback to the crypto space with its new tax implementation on cryptocurrency transactions. On January 30, Justin Sun said in a series of tweets that China’s adoption of a tax on cryptocurrency transactions heralds a return to the cryptocurrency market. Despite […]
VitaDAO invests $4.1M in decentralized science company
VitaDAO, a decentralized autonomous organization that sponsors research projects in the field of longevity science, has completed a $4.1 million fundraising round. According to a news statement, Pfizer’s venture arm, VitaDAO participated in the token round alongside Shine Capital, L1 Digital, and Balaji Srinivasan, among others. According to Ion, the round ended this month. According […]
Texas Rep proposes legislation to protect Texas crypto investors
The regulation is intended to keep consumers from experiencing the same fate as clients who invested in the crypto trading platform FTX. Texas Rep. Giovanni Capriglione introduced legislation to safeguard consumers who invest in digital assets such as cryptocurrencies. Capriglione’s House Bill 1666 would compel crypto exchanges to demonstrate that they have sufficient funds to […]
Philippines SEC seeks to toughen regulations on crypto industry
According to new draft guidelines, the Securities and Exchange Commission (SEC) of the Philippines wants to include crypto in its purview and toughen its control over the local cryptocurrency market. The securities regulator submitted draft regulations for financial goods and services which include encompassing cryptocurrencies and digital financial products—for public comment on January 25, the […]