
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating stories that fly under the radar of today’s crypto news.
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politics news
- we House Republicans will set up a new subcommittee dedicated to cryptocurrency, According To Politico. The Subcommittee on Digital Assets, Financial Technology, and Inclusion will be chaired by Representative Andrew Hill. Incoming financial services chairman Patrick McHenry said in an interview that he plans to form the panel because he believes “there is a big hole in how we structure the committee” as it deals with crypto topics. spends much time battling with
stablecoin news
- Central Bank of Iran working with Russia To create a “token of the Persian Gulf region”, Vedomosti Reported, citing Alexander Brezhnikov, executive director of the Russian Federation of the Cryptocurrency Industry and Blockchain (RACIB). This new stablecoin would be backed by gold and would serve as a method of payment in foreign trade. Potential cryptocurrency will operate in a special economic zone in Astrakhan, where Russia has begun accepting Irani Cargo shipment, it said.
legal news
- a UK the court illegally Australian crypto exchange. “All four were associates of James Parker who committed the plot from his home in Blackpool over a three-month period between October 2017 and January 2018. James Parker identified and then exploited a loophole on a cryptocurrency trading platform that allowed him and his accomplices. at the time for dishonestly obtaining a credit of £21 million,” Told a press release.
- Bulgaria’s Prosecutor General Sika Mileva said that “there is nothing political in the investigation of this case”. nexo cryptocurrency trading company According To the Bulgarian News Agency. Mileva argued that in recent years, in almost all cases where the prosecutor’s investigation affected someone’s financial interest, strikes and charges have been filed. “It has become a national sport to attack institutions,” Mileva said.
- South Korean Supreme Court orders investors to pay damages totaling $202,400 due to service outage bithumb Crypto exchange in November 2017, Yonhap News Agency Reported, 132 investors filed a damages suit against the exchange alleging that they had suffered financial losses. A district ruled against the investors, but an appeals court later overturned the decision.
- US Trustee resonator Objections to crypto exchange ftx Hiring New York Law Firm Sullivan and Cromwell, claiming that there are potential conflicts of interest from its past activity. “The S&C’s disclosures as filed are grossly inadequate to evaluate whether the S&C meets the Bankruptcy Code’s conflict-free and self-interest standards,” said Andrew Vara, a trustee. Department of Justice Officer responsible for bankruptcy cases. “Incomplete disclosures are a sufficient and independent reason for rejecting the application.”
tax news
- Japan‘s national tax agency issued guidelines for to tax of non-fungible tokens (nft) transactions, including the people involved blockchain Play. it Having said that “in-game currency (tokens) are frequently acquired and used, and valuing each transaction is complex.” Therefore, taxation will only consider total income based on in-game currency, evaluating it at the end of the year.
security news
- binance CEO Changpeng Zhao Told hackers are behind this harmony bridge exploitation have tried to launder their money through Huobi exchange. “We assisted the Huobi team to freeze our accounts. Together, 124 BTC have been recovered,” he said.
investment news
- Anthony Scaramucci, Founder and Managing Partner Skybridge CapitalInvesting in a previously established company ftx us President Brett Harrison, According On his tweet on Sunday. He wrote, “Brett I am proud to be an investor in your new company. Go ahead. Don’t look back. Best of luck to you.”
web3 news
- small colony, web3construction and management simulation, announced the launch of immutable xPlatform for building and expanding Web3 Play On Ethereum (ETH)fleeing from Solana (SOL), Tiny Colony’s development team has an extensive background in the film and TV industry. Its CEO and co-founder Arshiya Nawabi served on the production team for the title netflix, disney, amazon prime videoAnd of great quality,
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