digital asset

  • ISDA releases standard definitions for digital asset derivatives

    • January 26, 2023
    • Posted by: Bogdan
    • Category: Bankruptcy, digital asset, law
    No Comments

    The International Swaps and Derivatives Association (ISDA) is working on two papers to address fundamental legal risks in the crypto markets, such as the insolvency of crypto exchange firms, according to a statement released on Jan. 26.  The initiative was motivated by the collapse of crypto exchange FTX and previous bankruptcy cases that “prompted a

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  • White House science office calls for comments on its digital asset research agenda

    • January 25, 2023
    • Posted by: Bogdan
    • Category: digital asset, research
    No Comments

    The administration of United States President Joe Biden is continuing to elaborate its National Digital Assets Research and Development Agenda. In a request for information (RFI) dated Jan. 26 and previewed by the Federal Register, the White House Office of Science and Technology Policy (OSTP) invites comments to help it identify agenda priorities. Individuals and organizations

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  • Digital assets inflows reached $433M in 2022: Report

    • January 4, 2023
    • Posted by: Bogdan
    • Category: Cryptocurrencies, Cryptocurrency Investment, digital asset, investments
    No Comments

    Digital assets funds saw inflows totaling $433 million during 2022, the lowest level since 2018, when inflows in the crypto industry reached $233 million, according to the cryptocurrency investment firm Coinshares.  Investors’ appetite for digital assets seems not to have been fully affected by the crypto winter, but otherwise encouraged investments in crypto assets in

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  • Russia’s largest bank issued gold-backed digital financial assets

    • December 27, 2022
    • Posted by: Bogdan
    • Category: digital asset, Russia, Sberbank
    No Comments

    Russia’s largest bank Sber — formerly known as Sberbank — reported the first issue of gold-backed digital financial assets (DFAs). The bank considers DFAs to be a “great alternative” to investments amid dedollarization. On Dec. 26, Sber published the news about its first issue of gold-backed DFAs. A diversified metals seller and manufacturer, Solfer, became

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  • French investors sued Binance for over 2.4 million euros in losses

    • December 25, 2022
    • Posted by: Bogdan
    • Category: Binance, digital asset, France
    No Comments

    Binance France and its parent company Binance Holdings Limited are being sued by 15 investors in France over alleged misleading commercial practices and fraudulent concealment, according to local media reports.  In a complaint filed on Dec. 14, the plaintiffs claimed that Binance violated French laws by advertising and distributing crypto services before receiving registration from

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  • Central Banks to set standards on banks’ crypto exposure

    • December 17, 2022
    • Posted by: Bogdan
    • Category: BIS, Central Bank, digital asset, stablecoin
    No Comments

    A global standard for banks’ exposure to crypto assets has been endorsed by the Group of Central Bank Governors and Heads of Supervision (GHOS) of the Bank for International Settlements (BIS). The standard, which sets a limit of 2% on crypto reserves among banks, must be implemented on January 1, 2025, according to an official

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  • Yuga Labs, Moonpay faces lawsuit over celebrities NFT promotion

    • December 10, 2022
    • Posted by: Bogdan
    • Category: digital asset, law
    No Comments

    Yuga Labs, creators of Bored Ape Yacht Club (BAYC) and crypto fintech Moonpay are facing a class-action lawsuit for allegedly using celebrities to misleadingly promote and sell nonfungible tokens (NFTs).  Over 40 people and companies are named as defendants in the lawsuit, including Paris Hilton, Snoop Dog, Jimmy Fallon, Justin Bieber, Madonna, Serena Williams, Post

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  • Tron Adds 1.75M New Addresses In Last 7 Days As TRX Rebounds

    • December 2, 2022
    • Posted by: Bogdan
    • Category: altcoin, Blockchain, Crypto, cryptocurrency, Cryptocurrency news, digital asset, Tron, TRX
    No Comments

    TRON (TRX) took a heavy hit during the first half of November following unfortunate events such as the implosion of FTX, an exchange that was once considered the third largest in the world. According to data provided by Coingecko, from its $0.064 price on November 6, TRX went on a steady decline until it plummeted

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  • Decentralization index from Cardano builder, U of Edinburgh will help users understand assets

    • November 19, 2022
    • Posted by: Bogdan
    • Category: Decentralization, digital asset
    No Comments

    The University of Edinburgh and Input Output Global (IOG), the builder of the Cardano network, have teamed up to create a blockchain decentralization index, IOG announced on its blog. The new service is the first of its kind and will use a “research-based” methodology developed at the university.  The Edinburgh Decentralization Index (EDI) has been in

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  • Russian bill would legalize crypto mining, sales under ‘experimental legal regime’

    • November 18, 2022
    • Posted by: Bogdan
    • Category: Cryptocurrency Exchange, digital asset, mining, Russia
    No Comments

    A bill was introduced into the Russian State Duma, the lower house of parliament, on Nov. 17 that would legalize cryptocurrency mining and the sale of the cryptocurrency mined. Cryptocurrency cannot currently be used for settlements in Russia.  The proposed law reads, “Digital currency obtained as a result of mining can be disposed of by

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