FTX, Alameda-Linked Wallets Transfer $38.8M Worth of Digital Assets
Since January 2024, cryptocurrency wallets associated with the defunct FTX exchange and its subsidiary, Alameda Research, have transferred over $38.8 million of digital assets to multiple other cryptocurrency exchanges. Wallets affiliated with both organizations transferred a minimum of $7 million to exchanges in February, according to data tracking by blockchain analytics firm PeckShield. On February […]
HashKey to Launch Three Indexes Tracking Digital Assets
FTSE Russell and Hong Kong-based digital asset fund manager HashKey Capital have released three cryptocurrency indices. The Straight Times claims that HashKey Capital and FTSE Russell, a London Stock Exchange (LSEG) division, aims to facilitate traders’ ability to monitor numerous assets at once. Indices follow the market size, applications, and infrastructure of cryptocurrencies. They are […]
Tom Emmer: Digital Assets Could Shape the 2024 Election
The growing role of digital assets could influence the 2024 U.S. presidential election. Republican congressman and crypto advocate Tom Emmer warns anti-crypto candidates who could face a backlash from voters who value financial privacy and freedom. Meanwhile, several candidates have already expressed their views on central bank digital currencies (CBDCs), which different camps see as […]
Namibia Passes Bill to Regulate Crypto, Digital Assets
By passing a bill in the National Assembly, Namibia joined other African countries in adopting cryptocurrencies and digital assets. The measure, which was approved by Namibia’s lower house of parliament on June 22, proposes to control virtual asset service providers (VASPs), digital assets, and cryptocurrencies in the nation. The law intends to create a framework […]
Bill to Exempt Foreigners from Crypto Taxes in Israel Passes Preliminary Reading
On June 5, the Knesset (parliament) passed the preliminary reading of a bill that would exempt foreigners from capital gains taxes on the sale of digital currencies and digital assets. The measure would also increase the parity between crypto bonuses and stock options for employees by reducing the tax on the former from 50% to […]