Wen Lambo? Lamborghini answers with new Animoca Web3 partnership
Increasingly more industries are adopting blockchain technology to grow their brand awareness, including luxury car makers. Go to Source
Digital Asset
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CoinShares revenue surges 110% in Q2, driven by FTX claim sale
CoinShares revenue for the second quarter of 2024 rose to nearly $28.5 million. FTX bankruptcy proceedings generated a return of 116% in the quarter. Go to Source
What we know about Kamala Harris’ views on crypto
With Joe out of the race, all bets are off. Go to Source
What is triangular arbitrage in crypto and how to use it?
A triangular arbitrageur spots market irregularities and carries out concurrent trades across three asset pairs while skillfully controlling risk. Go to Source
Tanzania Targets Crypto Traders With Proposed Income Tax Act Amendment
Tanzania plans to amend its Income Tax Act to tax crypto trades. The proposal includes a three per cent withholding tax on income from digital asset transactions. Digital platform owners or facilitators of digital asset transfers will act as withholding agents. Foreign citizens operating such platforms must register under Tanzania’s Simplified Tax Regime. The government … Read more
Watford FC Partners With Republic to Offer 10% Stake to Fans and Investors
The English football team Watford FC has partnered with the digital asset investment firm Republic to sell 10% of the club to fans and investors. Although fans won’t receive voting rights, the stake will provide dividends to holders. Watford FC Collaborates With Republic to Sell 10% Stake to Supporters Watford Football Club, commonly known as … Read more
SEC Commissioner pitches safe space for digital securities experiment
Hester Pierce said her “sandbox” pitch would offer opportunities for cross-border collaborations between blockchain firms without fear of regulatory threats. Go to Source
Crypto firms target custody market as institutional adoption grows
Fireblocks and Taurus are among the crypto firms expanding services to meet institutional demand for digital asset storage. Go to Source
French Regulator Renews Warning Against Blacklisted Bybit
The French securities regulator, the Autorité des Marchés Financiers (AMF), has issued a renewed warning against using the digital asset platform Bybit. The AMF reminded French investors that Bybit is an unregistered crypto platform operating illegally in the country. The regulator has advised French investors who use Bybit to take all the necessary precautions to … Read more
India’s SEBI recommends local regulators to monitor crypto trading
Documents reveal SEBI’s recommendation for distributed regulatory oversight of cryptocurrencies in India. Go to Source
