Category: Asset
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Tron Emerges As Top Trending Crypto Asset After New Meme Coin Deployer Launch – Santiment
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The newly introduced SunPump, a meme coin publishing tool on the Tron network, is seeing huge adoption in the industry. Following the launch of the meme coin publishing tool, Tron (TRX) It has risen to the top of the trending cryptocurrency assets, sparking a wave of engagement and interest within…
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Tax from business profits, asset transfers suppressed despite higher rates
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Kenya Revenue Authority collections from profits, asset transfers and other business activities have remained in single digits for two consecutive years amid a raft of new and higher taxes. The Kenya Revenue Authority collected Sh488.10 billion from corporate profits from operations and capital gains from transfers of property and shares…
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Which Digital Asset Led the Charge?
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The global cryptocurrency investment market has seen a huge influx of capital, with recent reports indicating a continued positive trend in inflows. According to the latest Data From CoinShares, digital asset investment products saw an additional net inflow of $1.35 billion last week. This latest infusion of funds brings the…
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Which Digital Asset Led the Charge?
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The global cryptocurrency investment market has seen a huge influx of capital, with recent reports indicating a continued positive trend in inflows. According to the latest Data From CoinShares, digital asset investment products saw an additional net inflow of $1.35 billion last week. This latest infusion of funds brings the…
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BlockFi To Facilitate Customer Asset Withdrawals Through Coinbase Partnership
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The cryptocurrency industry has faced significant challenges in recent times, with the collapse of prominent players like FTX shaking the confidence of investors and users alike. Amidst this turbulent landscape, BlockFiAmazon, once a thriving cryptocurrency lending company, has found itself in the throes of bankruptcy proceedings. However, the company has…
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BlockFi To Facilitate Customer Asset Withdrawals Through Coinbase Partnership
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The cryptocurrency industry has faced significant challenges in recent times, with the collapse of prominent players like FTX shaking the confidence of investors and users alike. Amidst this turbulent landscape, BlockFiAmazon, once a thriving cryptocurrency lending company, has found itself in the throes of bankruptcy proceedings. However, the company has…
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YTD Digital Asset Inflows Surge to $17.8B, Shattering 2021’s Record
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With prices still weak over the past week, cryptocurrency investment products saw significant buying activity, with inflows reaching $1.44 billion during the period. This brings the total year-to-date inflows to $17.8 billion, breaking the previous record set three years ago. However, despite this strong flow, CoinShares reported that trading volumes…
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Too few jurisdictions follow virtual asset guidelines: FATF
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A new report reveals that the majority of jurisdictions around the world have only partially complied with the Financial Action Task Force (FATF) recommendations on regulating virtual assets. Some progress has been made, but not enough, according to a report These recommendations were issued on July 13. More efforts are…
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Too few jurisdictions follow virtual asset guidelines: FATF
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A new report reveals that the majority of jurisdictions around the world have only partially complied with the Financial Action Task Force (FATF) recommendations on regulating virtual assets. Some progress has been made, but not enough, according to a report These recommendations were issued on July 13. More efforts are…
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Senator Cynthia Lummis Reiterates Support For Bitcoin As US Reserve Asset
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Once again, prominent cryptocurrency advocate and US Senator Cynthia Lummis has called for Bitcoin to be adopted as a reserve asset by the US government. Lummis’ latest show of support for Bitcoin adoption comes as the senator has also opposed the creation of a central bank digital currency (CBDC) for…
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Sygnum, Fidelity, And Chainlink Partner Up For Onchain Net Asset Value
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In the rapidly evolving world of digital assets, partnerships between chain linkFidelity International, and We suck This collaboration is a testament to the transformative power of blockchain technology. By bringing the net asset value (NAV) data of Fidelity’s $6.9 billion institutional liquidity fund to the blockchain, the collaboration promises to…
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Swedish Asset Manager Praises XRP For This Major Feature
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Swedish asset manager Virtune XRP has praised a key feature of its cryptocurrency. The praise comes after the company launched its digital currency Exchange Traded Product (ETP)which will allow investors to gain exposure to XRP. XRP is the “ideal choice” for international transfers in press release In announcing the launch…
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Swedish Asset Manager Praises XRP For This Major Feature
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Swedish asset manager Virtune XRP has praised a key feature of its cryptocurrency. The praise comes after the company launched its digital currency Exchange Traded Product (ETP)which will allow investors to gain exposure to XRP. XRP is the “ideal choice” for international transfers in press release In announcing the launch…
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Simply Asset Finance Secures £120m Loan Facility from Bank of America to Boost UK Business Lending
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Simply Asset Finance has announced a major milestone, securing a £120 million loan facility from Bank of America. This new facility, initially set at £60 million with potential to expand to £120 million, will significantly enhance Simply Asset Finance’s ability to finance businesses across the UK. The agreement strengthens Bank…
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Hywin to exit wealth, asset management businesses and focus on technology
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Hiwin Holding CompanyNasdaq:Hugh) Announces updates on its strategic business transformation plan, which includes a complete exit from its wealth management and asset management businesses by terminating VIE agreements with China. The company’s other plans include shifting its business focus towards technology. Sector and change the name of the company to…
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State Street Global Advisors And Galaxy Asset Management Join Hands On Digital Asset Investing
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The world of finance is undergoing a profound transformation, with the rapid emergence of digital assets and blockchain technology reshaping the investment landscape. As the cryptocurrency market continues to mature and gain mainstream acceptance, leading asset managers are realizing the enormous potential it holds. In a pioneering move, two industry…
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State Street Global Advisors And Galaxy Asset Management Join Hands On Digital Asset Investing
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The world of finance is undergoing a profound transformation, with the rapid emergence of digital assets and blockchain technology reshaping the investment landscape. As the cryptocurrency market continues to mature and gain mainstream acceptance, leading asset managers are realizing the enormous potential it holds. In a pioneering move, two industry…
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Bitcoin Lightning Alliance To Accelerate Adoption Using New Asset Protocol
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A new collaborative effort led by Lightning Infrastructure LNFi It intends to accelerate the adoption of the Lightning Network. Leverage advances in new protocols like Taproot Assets and Nostr, LN Alliance It hopes to rally industry partners and contribute to standards around the growing Bitcoin ecosystem. newly Community discussion Organized…
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24 Taiwan Crypto Firms Unite To Forge Self-Regulatory Virtual Asset Service Provider (VASP)
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Taiwan’s booming cryptocurrency industry has reached a pivotal turning point, as a consortium of 24 leading digital asset companies have joined forces to create the Taiwan Virtual Asset Service Providers (VASP) Association. This strategic move comes as the Taiwanese government seeks to introduce a comprehensive regulatory framework for the cryptocurrency…
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24 Taiwan Crypto Firms Unite To Forge Self-Regulatory Virtual Asset Service Provider (VASP)
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Taiwan’s booming cryptocurrency industry has reached a pivotal turning point, as a consortium of 24 leading digital asset companies have joined forces to create the Taiwan Virtual Asset Service Providers (VASP) Association. This strategic move comes as the Taiwanese government seeks to introduce a comprehensive regulatory framework for the cryptocurrency…