Tech

21 March

South Korea Tightens Grip on Unregistered Crypto Exchanges in Global Crackdown

South Korea has intensified its regulatory efforts against unregistered overseas cryptocurrency exchanges, signaling a firm stance on compliance and investor protection. According to a recent report, the country’s financial watchdogs are ramping up enforcement measures against foreign platforms that operate without proper registration, in violation of local laws. Crackdown on Non-Compliant Crypto Exchanges The Financial Intelligence Unit (FIU) of South …

21 March

Brazilian Senate Sets Stage for Crypto Regulation with Public Hearing

The Brazilian Senate is taking a significant step toward regulating the country’s rapidly growing cryptocurrency market by holding a public hearing to discuss new legislative measures. The move signals Brazil’s commitment to fostering a safer and more transparent digital asset ecosystem while ensuring innovation continues to thrive. Addressing the Need for Regulation Brazil has emerged as one of the largest …

21 March

South Korean Teacher Jailed for Embezzling Students’ Funds to Fuel Crypto Gamble

In a shocking case of financial misconduct, a South Korean teacher has been sentenced to prison for stealing money from students to invest in cryptocurrency. The incident underscores the growing concerns over financial crimes linked to digital assets, as well as the risks associated with speculative crypto trading. The Fraudulent Scheme According to local reports, the teacher—whose identity remains undisclosed—was …

21 March

Denmark’s Tax Agency Finds 90% of Crypto Traders Dodging Tax Obligations

A new study by Denmark’s tax agency has revealed a startling statistic—90% of cryptocurrency traders in the country have failed to report their gains. The findings highlight growing concerns over tax compliance in the digital asset space and signal potential crackdowns on non-compliant investors. Widespread Tax Evasion in Crypto Trading The Danish Tax Agency (Skattestyrelsen) conducted an in-depth analysis of …

21 March

Canary Files S-1 for Groundbreaking $PENGU and Pudgy Penguins NFT ETF

In a major step toward integrating NFTs with traditional finance, Canary, a digital asset investment firm, has filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tied to $PENGU and Pudgy Penguins NFTs. If approved, this would mark one of the first NFT-focused ETFs, bridging the gap between Web3 collectibles …

21 March

Nasdaq-Listed Biotech Firm Atai Life Sciences Embraces Bitcoin Treasury Strategy

In a bold move that signals growing institutional adoption of digital assets, Atai Life Sciences, a Nasdaq-listed biotech company, has announced plans to integrate Bitcoin into its corporate treasury strategy. The decision aligns Atai with a growing number of publicly traded firms leveraging Bitcoin as a hedge against inflation and currency devaluation. Why Atai Life Sciences Is Turning to Bitcoin …

21 March

Japan’s Metaplanet Taps Eric Trump for Strategic Advisory Role

In a surprising move, Metaplanet, a Japan-based investment firm known for its strategic focus on Bitcoin and digital assets, has appointed Eric Trump to its newly formed Strategic Board of Advisors. The appointment signals the company’s ambitions to expand its influence on a global scale, leveraging Trump’s network and business experience. Metaplanet’s Growing Interest in Bitcoin and Digital Assets Metaplanet …

21 March

White House Crypto & AI Chief Engages UAE Officials on Tech and Investment Strategies

In a significant step toward global tech collaboration, the White House’s top official for cryptocurrency and artificial intelligence (AI) recently met with United Arab Emirates (UAE) officials to discuss advancements in digital assets, AI innovation, and investment opportunities. The high-level talks reflect the growing importance of blockchain, AI, and fintech cooperation between the U.S. and the Middle East. Strengthening U.S.-UAE …

20 March

Value Creation Joins Japan’s Bitcoin Boom as Corporate Adoption Surges

Japanese real estate investment firm Value Creation has become the latest company to embrace Bitcoin, joining a growing trend of corporate Bitcoin accumulation in Japan. As businesses across the country look to hedge against inflation and diversify their assets, Japan’s corporate Bitcoin-buying frenzy is gaining momentum. Japan’s Corporate Shift Toward Bitcoin Japan has long been a leader in cryptocurrency adoption, …

20 March

Kraken Makes Waves: Acquires NinjaTrader for $1.5B to Dominate Futures Trading

Kraken, one of the world’s leading cryptocurrency exchanges, is making a bold move into the futures trading market with the acquisition of NinjaTrader for a reported $1.5 billion. This strategic purchase signals Kraken’s ambition to expand beyond crypto trading and solidify its presence in the broader financial derivatives space. A Strategic Play for Market Expansion NinjaTrader, a well-established trading platform …