Hong Kong is strengthening its status as a leading offshore financial hub by introducing tax exemptions for private equity funds, hedge funds, and high-net-worth investors. These exemptions extend to profits derived from cryptocurrencies, private credit, and various alternative assets....
The U.S. Fifth Circuit Court of Appeals has overturned a Treasury Department decision to sanction Tornado Cash’s immutable smart contracts, declaring them beyond the scope of federal property laws. In a ruling issued on November 26, the court determined...
IDA Finance Hong Kong Limited and Quinlan & Associates have jointly released a report that examines the transformative potential of regulated stablecoins as reliable legal tender for real-world payments, both locally and globally. The report titled "From Digital Currency...
OKX has partnered with Forteus, a digital asset management firm, and Komainu, a regulated custody provider for digital assets, to deliver secure, efficient, and seamless trading solutions for institutional clients on the OKX platform. On November 27, OKX’s institutional...
MARA Holdings, previously known as Marathon Digital, has raised concerns about the United States’ role in the global Bitcoin landscape, urging the country to adopt a more assertive approach to safeguard its economic and national security interests. In a...
Remixpoint, a Japanese energy and automotive company, capitalized on the recent Bitcoin rally by acquiring 500 million yen (roughly $3.2 million) in BTC. In a recent company announcement, Remixpoint revealed that its latest purchase brings its total Bitcoin holdings...
Dan Morehead, the CEO of Pantera Capital, has predicted that the price of Bitcoin could reach $740,000 per coin within the next four years. In a message to investors, Morehead pointed out that 95% of global financial wealth has...
A recent report by U.S. Treasury economists reveals that low-income households with significant cryptocurrency exposure are seeing substantial increases in mortgage and auto loan originations and balances. The report suggests that profits from crypto investments are helping these households...
Bitwise Asset Management, a prominent crypto asset manager with over $11 billion in client assets, has expanded its investment offerings in the cryptocurrency space. The firm recently filed a proposal with the SEC to launch an exchange-traded product (ETP)...
Former Binance CEO Changpeng ‘CZ’ Zhao has voiced concerns over the rising popularity of meme coins, urging blockchain developers to shift their focus toward utility-based innovations. In a November 26 post on X, Zhao described the meme coin trend...
