Search Results for: announced

Former CEO of Crypto Exchange Wex Dmitry Vasiliev Reportedly Detained in Croatia

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Dmitry Vasiliev, co-owner and former chief executive of the now defunct Russian crypto exchange Wex, has been arrested upon entering Croatia, local media reported. The crypto entrepreneur is wanted by Kazakhstan where he is accused of stealing money from an investor….

India’s Central Bank RBI to Adopt a ‘Graded Approach’ to Digital Currency Launch

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India’s central bank, the Reserve Bank of India (RBI), has proposed to adopt a “graded approach” to launching the country’s central bank digital currency (CBDC). The RBI also said it is exploring the pros and cons of introducing a digital rupee…

Dvision Network Announces Binance Custody as Its Custodian With DVI Token Supported

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PRESS RELEASE. In another groundbreaking achievement, the blockchain-based metaverse platform Dvision Network has just announced its official onboarding on Binance Custody. As such, Binance’s custody services arm will support deposits and withdrawals of Dvision’s native token, DVI, on its platform. The…

Elon Musk Says Spacex Will Soon Accept Dogecoin for Merchandise — Starlink Subscriptions Could Follow

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Spacex and Tesla CEO Elon Musk says that dogecoin will soon be accepted at Spacex for merchandise, in the same way Tesla is accepting DOGE payments. Furthermore, Starlink subscriptions may also be paid with dogecoin “one day.” Spacex to Soon Accept…

A New Terra Network Is Coming With Support From Major Exchanges, LUNA and UST Holders Eligible for Airdropped Tokens

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According to a recent announcement from the Terra blockchain team, the community voted and passed a proposal that plans to launch a new genesis version of the Terra blockchain without an algorithmic stablecoin. The governance proposal called “Terra Ecosystem Revival Plan…

Thailand Exempts Crypto Transfers From VAT Until End of 2023

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Authorities in Thailand have formally introduced a value-added tax (VAT) exemption for transfers of cryptocurrencies through government-approved exchanges. The tax break, in force until the end of next year, will also apply to digital currency issued by the Bank of Thailand….

ECB Survey Finds 10% of Eurozone Households Own Crypto Assets

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One in every 10 households in six eurozone countries has acquired cryptocurrencies, the European Central Bank (ECB) has found with a new survey. While the richest are most likely to own crypto assets, poor families are not far behind, the poll…

Bitmex Co-Founder Arthur Hayes Avoids Prison for Violating US Bank Secrecy Act

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Bitmex co-founder Arthur Hayes is not going to prison for violating the U.S. Bank Secrecy Act. Instead, the former crypto exchange CEO has been sentenced to “six months of home detention and two years of probation.” Hayes has agreed to pay…

SWIFT Is Experimenting With Decentralized Technologies to Allow CBDC Interconnection

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SWIFT, the interbank payments protocol and messaging system, has announced it is working to connect the different central bank digital currency (CBDC) protocols in development today. The company has partnered with Capgemini, a digital services provider, making a series of experiments…

Crypto Custody Firm Fireblocks Launches Web3 Services Suite

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Fireblocks, a crypto custody service provider, is expanding its services with the launch of an institutional suite of Web3 services. This suite will allow customers to leverage liquidity from different exchanges, and mint NFTs. The service, which has already onboarded several…