England’s Law Commission Seeks Views on Draft Legislation to Label Crypto as Property
The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.
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South Korea’s Most Populated Province Traces and Collects $4.6M From Crypto Tax Evaders
South Korea’s most populated province, Gyeonggi, has collected $4.6 million from crypto tax evaders, it announced on Thursday, according to a local report by Yonhap News Agency.
South Africa to Start Work on Stablecoin Regime, Will Start by Considering Use Cases
The Intergovernmental Fintech Working Group is also considering the impact of tokenization on domestic markets.
Paris Saint-Germain Becomes First Soccer Team to Validate a Blockchain
French football giant Paris Saint-Germain said it will become a network validator for the Chilliz Chain and use the revenue to repurchase its fan tokens.
Vitalik Buterin Floats Idea of AI-Based Code Audits, Ethereum Project Developers Back Him Up
In 2023, crypto users lost an estimated $2 billion to hacks and scams, with Ethereum experiencing the highest losses due to its extensive ecosystem and high-profile projects.
Bitcoin Back Over $51K, Crypto Market Recovers as Nvidia’s Earnings Rejuvenates AI-Tokens
The haphazard price action caused over $200 million in liquidations of crypto-tracked futures, of which $150 million were longs, or bets, against higher prices.
Risk Manager Gauntlet Terminates Relationship with Aave, Citing DAO Dysfunction
Gauntlet co-founder John Morrow said his team “found it difficult to navigate the inconsistent guidelines and unwritten objectives” of Aave’s “largest stakeholders.”
Protocol Village: Wormhole Collaborates With AMD to Make Hardware Accelerators
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Feb. 22-28.
DCG Calls Out Subsidiary Genesis’ Settlement With New York as ‘Subversive’
Digital Currency Group (DCG) is objecting to the settlement between the New York attorney general and Genesis – the failed crypto lender that was among DCG’s array of digital assets businesses.
Bitcoin Could Hit $150K This Year, Says Fundstrat’s Tom Lee
Bitcoin price can reach as high as $150,000 this year fueled by ETFs, halving and Fed rate cuts, Fundstrat’s Tom Lee said.