Digital Asset Financial News

13.09 / 21:27

business Trading exchanges Digital Asset settlement Wall Street mainstays setting up digital assets exchange with on-chain settlement

Major financial firms have teamed up to create EDX Markets (EDXM), a new exchange that will trade digital assets through trusted intermediaries. The exchange will provide services to institutional and retail investors.

23.08 / 00:03

regulation exchanges Digital Asset Virtual assets Financial South Korean financial majors want to create virtual assets exchange in 2023: Report

Samsung Securities is among seven large South Korean securities companies that have applied for government approval to create a virtual assets exchange, according to a report appearing in South Korean publication Newspim. The companies are aiming to create a corporation to open an exchange in the first half of next year. Newspim quoted an unidentified executive as saying that discussions on the project are now being finalized.

06.07 / 17:15

NFT Tokens Crypto Collectibles Digital Asset Cat-themed NFT collection feline confident as they unveil ambitious roadmap

A new NFT collection is driven by Egyptian mythology — and has bold ambitions to be at the heart of an immortal world.

05.07 / 22:09

Adoption regulation Digital Asset Framework US Commerce Dept. asks digital asset industry for input on competitiveness framework

Among the numerous reports and other written material mandated in United States President Joe Biden’s March 9 executive order “Ensuring Responsible Development of Digital Assets” is a framework for enhancing United States economic competitiveness in digital asset technologies, due from the Commerce Department on September 5. In preparation for that document, the Commerce Department requested public comments through Tuesday, providing 17 questions to encourage discussion.

27.06 / 14:37

Blockchain NFT Metaverse Digital Asset Metaverse fractional ownership to form similarly to property loans: Casper exec

As metaverse land assets become more expensive, ownership becomes harder for normal users. Because of this, Ralf Kubli, Board Member at the Casper Association, argues that fractional ownership, similar to property loans in the real world, may gain traction within the virtual space through nonfungible tokens (NFTs).

15.06 / 22:17

CoinShares Digital Asset Wall Street Journal Bitcoin Bitcoin tumbles as crypto sell-off accelerates

Bitcoin tumbled on Wednesday to a new 18-month low, dragging smaller tokens down with it and spurring a sharp fall in crypto markets sparked by crypto lender Celsius freezing customer withdrawals. The world's largest cryptocurrency fell as much as 7.8% to $20,289, its lowest since December 2020. It has lost around 28% since Friday and more than half of its value this year. Since its record high of $69,000 in November, it has slumped about 70%. Cryptocurrencies have been hit hard this week after U.S. crypto lender Celsius froze withdrawals and transfers between accounts, stoking fears of wider fall-out in digital asset markets already shaken by the demise of the terraUSD and luna tokens last month.

08.06 / 16:13

regulation Digital Asset Bill to ban digital assets as payment introduced in Russian parliament

In recent months, Russian legislators have been preparing measures to fully institutionalize crypto as a properly taxable investment asset and a possible tool for foreign trade in Russia. Now, they want to make clear that the upcoming regulatory turn won’t include any windows for adopting digital financial products as a payment method.

07.06 / 17:11

NFT Digital Asset play-to-earn Move-to-earn app wants to get crypto enthusiasts exercising in a ‘realverse’

Play-to-earn has taken the world by storm — and now, financial incentives are being extended to fitness apps.

01.04 / 03:04

business regulation SEC Digital Asset accounting guidance New SEC guidance on accounting and disclosures rankles Commissioner Peirce

U.S. companies that safeguard their clients’ crypto-assets received new accounting guidance Thursday in the form of a Securities and Exchange Commission, or SEC, Staff Accounting Bulletin. The guidance got a strong response from SEC commissioner Hester Peirce, a steadfast crypto advocate.

09.03 / 07:33

regulation Digital Asset Executive executive order Janet Yellen let slip details of Biden's executive order on crypto

A statement from U.S. Treasury Secretary Janet Yellen on President Joe Biden’s executive order regarding digital assets calls for efforts to support innovation while addressing risk in the industry.

25.01 / 20:33

business CBDC CFTC Digital Asset Former CFTC chair Chris Giancarlo joins Digital Asset's board

Chris Giancarlo, who served as chair for the U.S. Commodity Futures Trading Commission until 2019, will be joining the board of directors for blockchain startup Digital Asset.

24.11 / 06:05

crypto market crypto currencies Digital Asset csk Web 3.0 and crypto adoption: Why is it more important than you think?

Web 3.0, the new breed of the internet, aims to be a decentralized version of the virtual world, where users can interact and collaborate intelligently without worrying about the central, data-specific repositories. And to make the web evolution more inclusive and less biased, blockchain technology is the resource to focus on.

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