Binance Japan, a subsidiary of crypto exchange Binance, will soon begin accepting new users on its recently released platform in Japan. Two years ago, authorities issued a warning to the exchange for operating illegally in the country. Introducing #Binance Japan: A Dedicated Platform for Residents in Japan 🇯🇵https://t.co/BDOFWQFOc1 — CZ
The Virtual Asset Regulatory Authority (VARA) of Dubai has issued a full crypto license to Laser Digital, the cryptocurrency division of the Japanese banking giant, Nomura. Last Thursday, Dubai approved Laser Digital’s license, allowing the company to legally provide its services to both consumers and businesses. According to a press
Looking at the price performance over the last seven days, the price of Cardano has seen fluctuations, with a high of $0.3122. This volatility is not uncommon in the cryptocurrency market and is often influenced by broader market trends and investor sentiment. Cardano (ADA) is currently trading at $0.3045, with
Cathie Wood, the CEO of Ark Invest, has reportedly sold millions of dollars’ worth of shares in Coinbase (COIN) and Robinhood (HOOD) ahead of the businesses’ projected weaker-than-expected second-quarter earnings reports. Despite Cathie Wood’s continued Bitcoin optimism, her firm, Ark Invest, has been unloading its crypto-related stock holdings. Since the
In the 12th round of the LUNC burn mechanism, Binance burned 1.41 billion Terra Luna Classic (LUNC) tokens. The most recent burn brings the overall number of LUNC tokens burned by the cryptocurrency exchange to 37 billion, and the total number of LUNC tokens burned by the community to over
Bitgert (BRISE), a crypto engineering project, started this month with a sudden decline in its trading price. BRISE has experienced a decline of over 5.86% in the last 24 hours. The sudden decline has shocked the entire crypto market, as everyone expected it to reach new highs. In the last
According to a recent ruling from the United States’ highest tax body, cryptocurrency holders are required to include staking rewards in their gross income for the year they were earned. Internal Revenue Service Revenue Ruling 2023-14 was released on July 31. It clarified the tax treatment of profits from staking
The crypto market has experienced massive growth globally with significant developments recently. In the first half of 2023, the number of crypto owners surged by 21%, rising from 425 million in December 2022 to 516 million. During this period Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has shown remarkable
Defunct crypto exchange FTX.com has filed an initial “Plan of Reorganization” with the U.S. Bankruptcy Court, offering a glimmer of hope for the exchange’s revival. The proposed plan outlines a potential restart, but with a catch – it would only be available to “offshore customers.” The FTX Debtors filed their
The government of Maharashtra, the second most populous state in India, has adopted the use of the Polygon (MATIC) blockchain to issue verifiable caste certificates to its citizens. The technical infrastructure of the project relies on Zupple’s LegitDoc Web3 solution. Employers in the state of Karnataka have already begun utilizing
