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Brazil’s Eighth-largest City OKs Plan to Let Residents to Pay Taxes in Crypto

Brazilian cities are racing to allow their citizens the ability to pay their local taxes in crypto – with the nation’s eighth largest city set to allow residents to settle their bills in bitcoin (BTC) and other tokens from next year.Per CNB, the latest development comes from the city of...

, by Tim Alper

SEC Crackdown on Crypto Makes Industry Move Attractive to Investors According to This New Report

A crackdown by the SEC on the crypto industry in the US is already having an unexpected effect, with more market players now saying they want to invest in the space, according to a new survey.Specifically, 60% of respondents in the survey said they see the recent regulatory crackdown on the crypto...

, by Fredrik Vold

S Korean Prosecutors Arrest Exec Suspected of Destroying Evidence at Bithumb ‘Affiliate’

South Korean law enforcers have arrested an executive at one of the crypto exchange Bithumb’s affiliate companies. The executive was charged with destroying evidence prior to an onsite probe earlier this month.The development comes as MPs and prosecutors attempt to unravel the mysteries...

, by Tim Alper

Crypto Adoption: Number of Bitcoin ATMs in Canada Jumps 28% in One Year

The number of bitcoin (BTC) automated teller machines (ATMs) in Canada went up nearly 28% in a year and almost 190% in two years, according to data provided by Coin ATM Radar. The number of Bitcoin ATMs currently installed in Canada is 2,549. On the first day of this month, the Coin ATM Radar...

, by Sead Fadilpašić

New Regulations Won’t Choke Brazil’s Crypto Progress, Says Regulator

The President of the Brazilian markets regulator has claimed that efforts to police the sector will not hamper the nation’s crypto progress.Portal do Bitcoin quoted the President of the Securities and Exchange Commission (known locally as the CVM) João Pedro Nascimento as speaking at a...

, by Tim Alper

Russian Regulator: Crypto Sanctions Are a Form of Digital Fascism

One of Russia’s top regulators thinks that the crypto-related sanctions that have been imposed on the country and its citizens are a type of “digital fascism.”The comments come in the wake of the European Union’s latest package of sanctions on Russia, which includes a total...

, by Tim Alper

Crypto News Summary: Visa Masters of Movement FIFA NFT Auction, El Salvador Development Bank Won’t Provide BTC Purchase Info, Coinbase Supports Ripple Against SEC

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ NFT newsPayments giant Visa, the Official Payment Technology Partner of FIFA, unveiled Visa Masters of Movement, a...

, by Sead Fadilpašić

Reporters Dig Deeper into Crypto Exchange Bithumb’s Mysterious Ownership Story

Bithumb – one of South Korea’s biggest crypto exchanges – remains in the public spotlight with questions about the firm’s ownership structure raising concern across the nation. Last month, the country was rocked when it was revealed that Kang Jong-hyun, the reclusive...

, by Tim Alper

KPMG & Aspen Digital Study Reveals Wealthy Asian Investors Are Keen On Crypto

“Big four” accounting firm KPMG and technology and financial services company Aspen Digital found that family offices (FO) and high-net-worth individuals (HNWIs) in Hong Kong and Singapore "have embraced" the digital asset class, with more than 90% of survey respondents having already...

, by Sead Fadilpašić

Union Bank of Philippines Launches Crypto Trading Services – Which Coins Are Included?

Digital asset management technology METACO announced that the Union Bank of the Philippines is now live on its flagship platform Harmonize, to launch a pilot program for crypto custody and trading services for select retail customers.The pilot will include bitcoin...

, by Sead Fadilpašić

Hong Kong Regulator Set to Allow Retail Investors Access to BTC, Ether ETFs

Hong Kong’s top securities regulator has suggested it will go ahead with plans to allow retail investors to access exchange-traded funds (ETFs) that track cryptoasset futures.The Securities and Futures Commission (SFC) has already launched a “consultation paper” comprising...

, by Tim Alper

South Korean Academic: We Must Block North from Hacking Crypto

A South Korean academic has claimed that Seoul must take steps to stop Pyongyang from hacking crypto targets south of the demilitarized zone – as tensions escalate between North Korea and its southern neighbor.Reports from both South Korea and Japan have repeatedly stated that Pyongyang-based...

, by Tim Alper

New Report: Russian Central Bank Looks to Integrate ‘Digital Assets’ Into its Financial System

The Central Bank of Russia (CBR) has released a report that focuses on digital assets and how the new technology could be integrated into its traditional financial system.On Monday, Russia’s central bank shared a 32-pages-long public consultation report titled 'Digital Assets in Russian...

, by Sead Fadilpašić

Japanese Government: We’ll Take ‘All Possible Measures’ to Help FTX Japan Customers

The Japanese government has vowed that it will do all it can to protect customers of FTX’s Japanese subsidiary, FTX Japan. But the exchange has announced that its clients’ funds are safe. Nikkei quoted the nation’s Finance Minister Shunichi Suzuki as explaining that regulators had hit FTX Japan...

, by Tim Alper

Could South Korean Crypto Exchanges Be Safe from Bankruptcy Risk?

With some of the biggest names in the crypto exchange game apparently teetering on the cusp of bankruptcy, attention in South Korea is turning to domestic trading platforms. And some are suggesting that the nation’s sector may be safe from insolvency – at least for the time being.Per a...

, by Tim Alper

Crypto Fraudsters Preying on Japanese Social Media & Chat App Users

Crypto-related crime continues to rise in Japan – where a media outlet has recounted how two men in their thirties were stung by chat app-based crypto fraudsters running a bogus crypto exchange.According to the newspaper Yomiuri, 24 cases of crypto-related fraud where the perpetrators made...

, by Tim Alper

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