Key Takeaways Leading crypto mining firm, Bitdeer reported a net loss of $531.9 million for the fourth quarter of 2024. The firm noted that the loss was mainly owing to non-cash fair value changes in derivative liabilities—$413.7 million related to…
Key Takeaways Reports have emerged hinting that the U.S. Federal Deposit Insurance Corporation is preparing to outline how deposit insurance might apply in a tokenized environment, as the agency’s acting chair signaled new guidance and a potential application track for…
Key Takeaways In a major development, U.S. Securities and Exchange Commission (SEC) Chair Paul Atkins said Wednesday that the agency is preparing to modernize its approach to digital asset oversight under a new initiative called “Project Crypto,” laying the groundwork…
Key Takeaways Crypto scammers have taken their schemes to a new level by impersonating Australian police officers and abusing official government systems to coerce victims into giving up their digital assets, the Australian Federal Police (AFP) said Thursday. According to…
Key Takeaways The U.S. Office of the Comptroller of the Currency (OCC) has issued fresh guidance confirming that national banks and federal savings associations are permitted to offer crypto custody and execution services to customers. The clarification was delivered via…
Key Takeaways The Australian Taxation Office (ATO) has clarified its position on the capital gains tax (CGT) treatment of decentralized finance (DeFi) and the wrapping of crypto tokens, emphasizing its commitment to taxing Australians on capital gains during the wrapping…
Key Takeaways A new draft bill released by House Republicans on May 5 proposes a sweeping overhaul of digital assets regulation in the United States. Titled as a discussion draft for public feedback, the proposal seeks to draw definitive lines…
Key Takeaways In a significant development, Trump Media and Technology Group (TMTG), the operator of Truth Social, reported a net loss of $54.8 million in the third quarter, widening from $19.3 million a year earlier. The company said rising costs…
Hundred of NFTs would be subject to sale, including pieces from renowned collections such as the Bored Ape Kennel Club, Autoglyphs
Key Takeaways Malaysia’s Central Bank, Bank Negara Malaysia (BNM) has launched a three-year initiative to study the tokenization of real-world assets (RWAs), establishing a Digital Asset Innovation Hub and an industry working group to coordinate research and pilot projects. The…
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