IRS Considers Treating NFTs as Taxable Collectibles, Raising Concerns for Digital Asset Owners

Source / Sam Cooling x Csar Fotographie NFT holders are on edge following an announcement by…

Former Coinbase CTO urges ‘get to Bitcoin’ before CBDC digital lockdown

Ad Former Coinbase CTO Balaji Srinivasan warned people to “GET TO BITCOIN BEFORE DIGITAL LOCKDOWN.” The…

Chinese Employees Using Digital Yuan to Pay Taxes

Source: Oleg Kachura/Adobe A growing number of Chinese employees and firms can now use the nation’s…

Flagstar Bank acquires Signature Bank – without $4B of ‘digital banking’ deposits

Flagstar Bank — a subsidiary of New York Community Bancorp, Inc. — will acquire Signature Bank,…

Voyager Digital retains $725m inspite of liquidating tens of millions of ethereum, SHIB

Voyager Electronic holds $725m of various cash in spite of ongoing liquidations that started out in…

China’s Fujian Province processes nearly $22B in digital yuan transactions

Increasingly, Chinese toll booths are enabling drivers to pay highway tolls using the country’s CBDC. The…

China’s Fujian Processes Digital Yuan Worth $22bn

Source: Hu/Adobe Residents and firms based in China’s Fujian Province have reportedly processed almost $22 billion…

Crypto Firm Anchorage Digital to Lay Off 20% of Staff Citing US Regulatory Uncertainty – Here’s What You Need to Know

Source: AdobeStock / Timon Anchorage Digital, a crypto bank based in San Francisco, is making substantial…

Anchorage Digital lays off 20% of staff as other crypto-friendly banks shutdown

Cryptocurrency bank Anchorage Digital will lay off approximately one-fifth of its staff, according to a report…

Signature Bank closure highlights benefits of holding Bitcoin, says Marathon Digital

Ad Bitcoin (BTC) miner Marathon Digital said its funds held at Signature Bank are safe and…

Elon Musk says he is ‘open to the idea’ of Twitter buying SVB to become a digital bank

Ad On Friday, March 10, Elon Musk expressed his openness to buying Silicon Valley Bank following…

US Bankruptcy Judge Approves Binance.US $1.3B Deal for Voyager Digital, but Hurdles Remain – Here’s the Latest

Source: AdobeStock / Ascannio Bankrupt crypto lender Voyager Digital is allowed to sell its assets to…

Pro-Russian & Neo-Nazi Militia Groups Promoting Digital Wallets for Crowdfunding on Telegram, Crypto Scams in Hong Kong up 67%, Thailand to Offer Tax Breaks for Investment Tokens Issuers

Source: AdobeStock / PX Media Get your daily, bite-sized digest of cryptoasset and blockchain-related news –…

Kraken Crypto Exchange to Disrupt Traditional Banking with the Launch of Its Own Bank for Digital Assets – Here’s What You Need to Know

Source: AdobeStock / prima91 The prominent cryptocurrency exchange Kraken is making its foray into the banking…

JD, Bank of China Join Hong Kong Digital CNY Pilot

Source: Ttstudio/Adobe Major business players are joining the Hong Kong-Mainland China “cross-border” digital yuan pilot –…

Coinbase acquires One River Digital Asset Management

Ad Crypto exchange Coinbase announced the acquisition of One River Digital Asset Management (ORDAM) on Mar.…

Record-high digital asset investments in February 2023: CryptoCompare’s Monthly Review

Ad Asset management and risk management are critical components of any investment strategy, and the digital…

China’s Digital Yuan Fails to Gain Traction with Hong Kong Visitors – Is China’s Digital Currency Facing a Roadblock?

Source: AdobeStock / kamonrat Shenzhen, China started offering physical cards and discounts to Hong Kong tourists…

DBS Digital Exchange CEO says investors prefer regulated platforms over yield

Ad Singaporean DBS Bank’s Digital Exchange (DDEx) CEO Lionel Lim said that investors look for regulated…

Former Biden Advisor Reveals Administration’s Drive Towards Digital Dollar – What’s Going On?

Image Source: YouTube  A former top economic adviser for President Joe Biden has revealed that the…

UAE to create exclusive free zone for digital, virtual asset companies

Ad The government of Ras Al Khaimah is set to unveil a new free zone tailored…

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