USDC Stablecoin Launches on Polkadot Network
USD Coin, the second-largest stablecoin market capitalization after Tether (USDT), is now available on Polkadot Network. Circle, the issuer of USD Coin, has launched USD Coin on the Polkadot network, the company announced on September 19. Polkadot USDC is now transferable to Polkadot parachains via the XCM protocol using Circle Account and Circle APIs, according […]
Nomura Bank Launches Bitcoin Adoption Fund
Japan’s largest investment bank, Nomura, through its subsidiary Laser Digital Asset Management, has launched a Bitcoin Adoption Fund that will offer Bitcoin exposure to institutional investors. According to the official announcement, the Bitcoin-based fund will be the first in a series of digital adoption investment solutions the company intends to launch. Nomura, a Japanese financial […]
BaFin Calls for Global Regulation to Crypto, all Finance Centers
BaFin, the German crypto regulator, has stressed the risks associated with cryptocurrency and calls for global regulation to apply to all financial centers without exceptions. In a Sept. 18 blog post, Rupert Schaefer, Executive Director of Strategy, Policy, and Control at BaFin, emphasized the significance of unified global crypto industry regulation. Schaefer compared regulators to […]
Thailand Intends to Tax Foreign Income Including Crypto
The Revenue Department of Thailand intends to impose a personal income tax on the foreign earnings, including those from cryptocurrency trading, of anyone residing in Thailand for more than 180 days. According to a September 19 Bangkok Post report, the new rule will take effect on January 1, 2024, and the first tax forms, including […]
A Complete Overview of Cryptocurrency Cloud Mining Platform – TopHash
Cryptocurrency has ignited a revolution in the world of finance, offering a plethora of exciting prospects for economic growth and investment. Among all the diverse opportunities it offers, one thing that stands out as a straightforward and convenient option for everyone is cloud mining. It is great for seasoned investors as well as for the […]