The Tokenized Asset Coalition (TAC) is a new advocacy group formed by seven leaders in decentralized finance (DeFi). The founding members are Aave Companies, Centrifuge, Circle, Coinbase, Base, Credix, Goldfinch and RWA.xyz, but membership is open to any organization that shares the vision of creating a unified financial system on the blockchain. The group’s initial […]
Taiwan is reportedly planning to put restrictions on unregistered overseas crypto exchanges operating within its jurisdiction as a part of its incoming guidance for virtual asset service providers (VASPs). The Financial Supervisory Commission (FSC) of Taiwan has created a draft of ten guiding principles for the management of virtual currencies in the country. These principles […]
VC Spectra (SPCT) is a decentralized hedge fund that offers investors quarterly dividends and buybacks from investment profits. It employs machine learning algorithms to analyze real-time market data and identify lucrative patterns and trends. Investors in Stage 1 have gained a return of 212.5%, while Stage 2 investors have gained 127.27%. The VC Spectra (SPCT) […]
The International Monetary Fund (IMF) and the Financial Stability Board (FSB) have published a report commissioned by G20 under India’s leadership, outlining a comprehensive framework for regulating crypto-assets like Bitcoin and stablecoins. The paper synthesizes the policy recommendations from both organizations to help countries address the financial stability and integrity risks posed by the rapid […]
VC Spectra (SPCT) is a decentralized asset management protocol that is democratizing blockchain investments, allowing participants from various financial backgrounds and locations to engage seamlessly. Its sophisticated trading algorithms grant it the agility to navigate market volatilities adeptly. SPCT tokens are currently priced at $0.025 and have seen impressive gains of 212.5% and 127.27% for […]
IOTA is set to revolutionize the crypto landscape with the launch of ShimmerEVM, a parallelized DAG ledger optimized for custom smart contract chains. The testnet has already processed more than 1.4 million transactions, and the team is in the advanced stages of their testing phase. The ShimmerEVM mainnet launch has experienced delays due to in-depth […]
The Financial Accounting Standards Board (FASB) has unanimously approved new guidelines for accounting and disclosing cryptocurrencies like Bitcoin. These regulations will come into effect in 2025, in an effort to improve transparency for investors and others who rely on financial statements. The new rules will require digital assets to be logged at their current market […]
October is shaping up to be a pivotal month for the future of crypto, with the SEC’s deadline to provide a decision on the status of seven spot Bitcoin ETFs extended to around the middle of the month. Grayscale, a crypto research firm, has urged the SEC to approve spot Bitcoin ETFs quickly, warning that […]
The Financial Accounting Standards Board (FASB) has approved rules for accounting for the fair value of companies’ cryptocurrency holdings, which will go into effect in 2025. Fair value is the estimated price of an asset that takes into account current market value and other decisive elements. The new accounting method will increase volatility in the […]
Genesis Global Capital (GGC), a bankrupt cryptocurrency lender, has filed two lawsuits against Digital Currency Group (DCG) and its affiliate DCG International Investments (DCIG) in the Southern District of New York Bankruptcy Court. The suits are seeking the repayment of overdue loans worth over $600 million in total. The complaint against DCGI states that GGC […]
