Canada to Develop Repository for Storing Seized Crypto, NFT
The Royal Canadian Mounted Police seeks to develop a centralized digital asset repository solution allowing police officers to seize and store cryptocurrency and non-fungible tokens. The Royal Canadian Mounted Police (RCMP) is searching for a digital asset solution to facilitate the seizure and custody of cryptocurrencies and nonfungible tokens (NFTs). The solicitation of bids began […]
Biden’s budget aims to raise $11 billion from digital asset traders
President Joe Biden’s budget released on Monday would modernize tax rules for digital assets, fight crypto misuse Biden’s budget aims to raise $11 billion from digital asset traders President Joe Biden’s budget proposal to “modernize” tax regulations for digital assets was announced Monday, and the administration expects the revisions to be part of a new […]
Meta applies for 8 digital assets and Web 3 trademark from the US patent office
As companies continue to adopt web3 technologies, Meta (formerly Facebook) has filed 8 digital assets and web3 trademark applications from the United States Patent and Trademark Office. The United States Patent and Trademark Office, or USPTO, has received eight trademark applications from Meta, previously Facebook, relating to blockchain technology and its projected metaverse. The following […]
Cowen investment bank launches new crypto division dubbed Cowen Digital
Cowen, an independent investment bank in the United States, has officially created a cryptocurrency and digital asset section. The division came to life as a result of Cowen’s partnership with PolySign, Standard Custody and Trust Company. Cowen has partnered with PolySign’s cold storage subsidiary, Standard Custody and Trust Company, to develop the new crypto business. […]
Utrust gets operating license From Central Bank of Portugal
Utrust, a Portugal-based on-chain crypto payments company has been granted a license to operate as a virtual asset service provider by the Portuguese central bank (Banco de Portugal). Utrust is a crypto service provider that is licensed and regulated in Estonia, allowing it to operate in Portugal and the rest of the European Union. But, […]