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Indonesia targets launch of its national crypto exchange by June

Indonesia's financial services regulator first expressed its intentions to establish a crypto exchange back in 2021.

Huawei NFTs, Toyota’s hackathon, North Korea vs. Blockchain: Asia Express 

Our weekly roundup of news from East Asia curates the industry’s most important developments. Huawei moves to trademark its NFTs According to a Jan. 28 report by Sina News, Chinese telecom giant Huawei has recently filed for eight trademarks related to its Huawei “YunYunBao” nonfungible tokens (NFT) series. The trademarks include digital collectibles in the […]

Alleged Mango Markets exploiter waives bail during hearing in federal court

A federal judge presiding over Avraham Eisenberg's criminal case has reportedly set a followup court date for Feb. 14.

Crypto-related enforcement actions by US states rose sharply in 2022: Report

There were almost twice as many state actions as federal in 2022, although both the feds and the states broke previous record by significant margins.

Euro stablecoin launched in Finland, claims to be first approved in the EU

USDC issuer Circle Inc. previously released a euro-backed stablecoin that is regulated in the United States.

Japanese Prime Minister says DAOs and NFTs help support government’s 'Cool Japan' strategy

Fumio Kishida said there were “various possibilities for using Web3” in Japan and has previously supported blockchain-based initiatives for authorities using digital solutions.

Why are Bitcoin and crypto pumping after the Fed meeting? Watch Market Talks live

Join us as we discuss BTC's recent price rally, especially after the latest United States Federal Reserve meeting.

Senate Banking Committee’s priorities for new Congress include crypto: Report

Senator Tim Scott, who became the committee ranking member following the departure of Pat Toomey, reportedly plans to make a crypto regulatory framework a priority in 2023.

Is the Metaverse really turning out like ‘Snow Crash’?

Neal Stephenson’s science fiction novel Snow Crash predicted the Metaverse in 1992. This cult book has the amusingly-named Hiro Protagonist running around in an artificial cyber world, trying to stop a virus that wipes minds, aided by his hacker friend Y.T. Reality is a place to escape from, a neoliberal future wrecked by hyperinflation and […]

Community mocks Charlie Munger for his obsession with China’s Bitcoin ban

The online community has expressed bewilderment over how China’s crypto ban aligns with the United States’ proclaimed principles of freedom.

What is crypto tax-loss harvesting, and how does it work?

Crypto tax-loss harvesting is a strategy used by investors to offset capital gains in their crypto investments by selling losing positions at a loss.

What crypto hodlers should keep in mind as tax season approaches

Filing crypto taxes can be complex, especially for those exploring the decentralized finance world. Here’s what to keep in mind.

Tether CTO Paolo Ardoino on taking the bull by the horn

Stablecoins may have suffered an identity crisis in 2022, but Tether CTO Paolo Ardoino is bullish about the utility the sector provides.

Indian retail chain rolls out support for CBDC payments in stores: Report

Reliance Retail has implemented support for the digital rupee in its gourmet store line Freshpik.

Bank of China ex-advisor calls Beijing to reconsider crypto ban

The economist argued that the current crypto ban in China is beneficial in the short term, but big opportunities can be missed in the long run.

Voyager victim calls for trustee to seize control of the estate

The 120-page motion came from a creditor who asked for the appointment of a chapter 11 trustee citing alleged fraud and incompetence at Voyager.

Regulatory action against Mango Markets exploiter is a win for DeFi — Moody’s

SEC and CFTC taking action against the alleged fraudster show that DeFi is becoming a “safer and more welcoming environment,” according to credit rating firm Moody’s.

Crypto market cap jumps $40B as Fed chair Powell hints at 'disinflation'

While the rate increase was expected by the markets and Powell indicating more increases will come, the market seems to have reacted positively to the latest FOMC speech.

Judge dismisses proposed class action suit alleging Coinbase securities sales

The decision did not address the question of whether the 79 tokens in questions were securities, but dismissed claims based on the Securities and Exchange Acts.

US Treasury lists BTC, ETH addresses tied to Russian sanctions evasion group

The government department said it would impose “full blocking sanctions” on Jonatan Zimenkov and his crypto addresses due to his connections with a sanctions evasion network.

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