Thailand declares ban on cryptocurrency payments March 23, 2022 Thailand's financial chiefs have dramatically announced a ban on using cryptocurrency as a means of payment.
NFTs: Are they legally laced up, or is the shoe on the other foot? March 23, 2022 Reed Smith partner Danielle Garno walks us through Nike's recent legal complaint over NFTs from online marketplace StockX.
UK crypto firm pushes back against FCA rules March 23, 2022 Crypto exchange Gemini has warned the UK regulator that draft rules for digital assets risk encouraging firms to relocate offshore.
FIFA unveils Crypto.com as Football World Cup sponsor March 23, 2022 Exchange giant Crypto.com has made further inroads into the sporting world as the official sponsor of the 2022 FIFA World Cup.
UK has potential to become ‘global epicentre’ for crypto innovation March 23, 2022 The UK should solidify its position as a Fintech hub by creating a welcoming regulatory environment for crypto, industry experts claim.
Britcoin not expected until at least 2025, says BoE March 22, 2022 A digital currency backed by the UK's central bank (CBDC) will not be rolled out until 2025 at the earliest, a Bank of England grandee has revealed.
Fetch.ai boosted by MEXC Global $150m fund with Huobi and Bybit March 22, 2022 Cryptocurrency trading platform MEXC Global is to create an investment fund of $150 million, together with Huobi Global and Bybit, to support the growth of Fetch.ai.
UK home to second most hedge funds, as US dominates rise of crypto strategies March 22, 2022 Britain is home to the second largest hedge fund market in the world, with more than 500 set up in the capital since 2019. The US leads the way with 67 per cent of the global share, with New York boasting almost 7,000. Data compiled for SigTech also shows London has 2,230, with nearly a [...]
‘Death by over-regulation’: Losses from one cryptocurrency cannot be used to offset gains from other crypto under new tax rules in India March 22, 2022 India has introduced a number of new tax rules for cryptocurrencies. The most eye-popping clause is without a doubt the stipulation that losses from one crypto asset cannot be used to offset gains in another. So, in other words, if you lose some in trading Bitcoin, that cannot be offset vs gains from another asset, [...]
Naomi Osaka inks FTX deal with aim to ‘democratise’ crypto March 22, 2022 Naomi Osaka has inked a deal with crypto exchange FTX which will see the Tennis Star take an equity stake in the company.