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Thailand crypto investor tax burdens are being relaxed from April 2022 until the end of 2023, according to the results of a finance ministry cabinet meeting on Tuesday.  See related article: Thailand to regulate cryptocurrency as payment method Fast facts The cabinet approved tax relief measures, including the exemption of a 7% value-added tax (VAT) […]

When the world’s biggest crypto exchange acquires a major stake in the business publication it once sued for defamation, should we worry?

Moscow moves to regulate crypto. OpenSea’s security struggle. Will China cool its metaverse mania?

Last weekend’s rally shows there is still life left in memecoins. Industry insiders weigh in on where they stand in the long run.

Crypto regulations are lagging the market’s needs, and the industry should help create order to gain greater public trust, writes Imgesu Cetin of Defy Trends.

South Korea’s Financial Services Commission (FSC) compiled a set of proposals for a new crypto law including criminal punishment to unfair actors in the market. The compiled report has been submitted to the national assembly for review. Fast facts Yesterday, the FSC submitted a basic outline for the national assembly’s consideration in constructing the new […]

Global Blockchain Business Council (GBBC), an industry association, has released its Global Standards Mapping Initiative 2.0 to provide a holistic view of the industry’s global activity. Fast facts The initiative maps out the global digital asset landscape in terms of legislation, technical standards, industry standards and recommendations, university sources, as well as industry consortia. Specifically, […]

FTX founder and CEO Sam Bankman-Fried says building products that people want is what matters most, and the crypto industry and regulators will need to find compromises to resolve some of the industry’s pressing issues.

The highly competitive cryptocurrency exchange industry appears to be consolidating, according to blockchain analytics provider Chainalysis as part of its Competitive Landscape Report that will be released next week. Fast facts The number of active cryptocurrency exchanges peaked at 845 in August 2020 and stood at 672 as at August 2021, Chainalysis reported. The exchanges […]

The global AML watchdog provides clarifications on how crypto is to be regulated — and why DeFi could see more scrutiny.

While the government signals it is ready to promote the industry, the country’s banks remain unimpressed. ANZ has already settled its de-banking case with Allan Flynn, but as the tribunal with Westpac concluded over the weekend, what should we expect from the outcome?

Traditional finance evolved over centuries while DeFi is coming into its own in a few years, writes Adi Ben-Ari of Applied Blockchain. Are its risks inevitable?

The country’s top economic planner hopes to prohibit investment in what it considers an energy-intensive sector.

Singers and musicians are embracing non-fungible tokens, but will their non-crypto active fans buy it?

As China intensifies its crypto crackdown, regulatory clarity is a beacon for safer shores in Southeast Asia.

China’s intensified crackdown on cryptocurrency leaves service providers looking to stay compliant with Friday’s abrupt announcement.

India’s crypto industry will grow over 200% to reach $241M by 2030, a new study says.

Around 35 virtual asset exchanges will vanish as of midnight Friday, as the country imposes new rules designed to protect consumers.

Blockchain research firm sees explosive growth in smart contract-based products that can replace existing financial services.

Broctagon Fintech Group is launching what it hopes will become a new global standard for cryptocurrency exchanges to reduce price discrepancies. Will it work?

While Delhi goes back and forth over a crypto ban, crypto’s huge growth potential in the world’s second most populous country is captivating American venture capital.

K-pop superstars Brave Girls, Se7en and A.C.E. are among the latest to jump on the non-fungible token bandwagon. Are fans buying it?

An amendment has been introduced to the US$1 trillion infrastructure bill currently before the U.S. Senate that would exempt bitcoin miners and other validators from a provision seeking to raise funds for its fulfilment, according to a report by CNBC. Fast facts As Forkast.News has reported, the provision sought to raise US$28 billion over the […]

The cryptocurrency trading industry has been labeled a “Wild West,” riddled with fraud and investor risk, by U.S. Securities and Exchange Commission Chair Gary Gensler, according to a Reuters report. Fast facts Calling on Congress at the Aspen Security Forum to give the SEC more power to regulate the industry, Gensler said many of the […]

In the first of a four-part series, Forkast.News looks at how non-fungible tokens may be changing who calls the tune in the recording business.

Crypto literacy of Indian regulators is evolving and crypto players are trying to keep industry clean via self-regulations, says Nischal Shetty of WazirX.

Chinese crypto mining rig maker Bitmain is reportedly set to meet with miners and industry participants next week to discuss relocating mining operations overseas.

China has released guidelines aimed at boosting the country’s blockchain development.

Governments meet up with the crypto industry to discuss how to regulate the booming industry as BC Group’s OSL ties up with SC Ventures.

Crypto investors in South Korea stir petitions to unseat the nation’s financial watchdog chief for his anti-crypto remarks.

Are digital assets securities or commodities? Outdated laws offer no clarity, but US is now poised to reform blockchain regulations and lead world by example.

The former MIT blockchain professor and CFTC chair now sits atop a key regulator over crypto. How might his leadership affect SEC v. Ripple, or Bitcoin ETFs?

High-tech solutions like blockchain, IoT, NFC and DLT are increasingly used to authenticate fine wine and detect counterfeits in China and around the world.

Modern financial markets still rely on slow and inefficient plumbing from a bygone era, writes Oi Yee Choo of iSTOX. Here is how blockchain offers a system upgrade.

In this inaugural Forkast Forecast, the co-founder and CEO of Hedera Hashgraph offers his views on China’s blockchain drive and what the industry will be like in 2021.

As space becomes increasingly commercialized, blockchain has the potential to be the backbone of this new economic frontier, says Jeff Garzik of SpaceChain.

After crackdowns on crypto exchanges, China is now freezing bank accounts. Why is the world’s largest bitcoin producer tightening the vise over its miners?

Diginex CEO Richard Byworth reveals that world’s largest cryptocurrency companies are now seeking his advice on going public. How did Diginex do it?

India is now a vibrant cryptocurrency hub, but its future remains uncertain. Sathvik Viswanath of Unocoin explains what’s holding back the nation of 1.3 billion.

Most artists earn a pittance and have little bargaining power against record labels and streaming platforms. But blockchain could level the playing field.

Cinemas are closed, Netflix is here, but torrent providers renew their careers!

The Covid-battered economy and Magic Leap’s woes are blowing headwinds at the nascent industry. But AR software, ads and mobile platforms offer hope.

Blockchain education conundrum: China wants blockchain growth, but its tech labor supply “quality” falls short of high employer demands. A Forkast.News exclusive report on a new program in Chengdu and clues to what might be holding China back.

India’s crypto sector saw a major boost after its Supreme Court ruled to lift a ban on crypto trading, paving the way for more blockchain development.

In this first article of a three-part Forkast.News series, we will examine how blockchain can — and can’t — disrupt the world’s telecom industry, and take a closer look at where efforts are falling flat.

China’s blockchain policy for enterprises is similar to that of the public sector: provide more efficiency and disintermediation. What’s different about enterprise policy is the added element of competitiveness.

To celebrate the end of 2020, here is a Forkast.News editor favorite from our archives — a story that still rings fresh, true and — in a world now measured in nanoseconds — timeless. What is holding back mainstream adoption? What role do governments need or want to play? The Next Big Thing plenary panel […]

Trustless payment methods were the first disruption blockchain brought to the financial industry. The second wave of disruption came about when the ICO boomed in 2017 as a way to reach a larger market of investors through crowdfunding smart contracts on Ethereum. In 2017 alone, ICOs raised around $7 billion. More recently, we’re seeing the […]

Bitcoin dropped to as low as US$56,600 as Fed holds interest rates.

Changpeng Zhao receives a 4-month prison term and a $50 million fine for laundering violations.

The SEC signals a cautious crypto stance, likely rejecting Ethereum ETFs and delaying Bitcoin ETF options.

Samourai Wallet creators face money laundering and illegal business operation charges.

NodeMonkes NFT collection tops daily sales, with significant transactions and unique buyers contributing to its all-time high volume.

Binance’s Tigran Gambaryan pleads not guilty to money laundering in Nigeria, faces remand.

Investment firm notes Bitcoin NFTs’ role in crypto innovation and market changes.

Ethereum sees a slight increase in NFT transactions, while Bitcoin and Solana experience declines in the past 24 hours.

MAS revises PSA to cover crypto custody, aiming to enhance user protection.

Three Solana collections placed in Tuesday’s top five.

Stablecoin leader Tether acquires 8,889 units of Bitcoin.

DMarket leads with a significant uptick in NFT transactions, signaling a vibrant market.

The average NFT price in March rose to the highest level in almost two years.

Dune Analytics partners with TRON, enhancing data access and offering a $650,000 prize for HackaTRON developers.

Ethereum tops daily NFT sales, Bitcoin and Solana see mixed results, with notable changes in wash sales.

The DeFi Education Fund and Beba challenge the SEC to clarify the status of their $BEBA token as non-security.

Bitcoin surpasses US$70,000 after 9 days below the mark.

Yield Guild Games (YGG) has launched its token on the Ronin network, aiming to attract more gamers to its Web3 ecosystem.

BAYC tops daily sales with US$1.45 million.

Ethereum tops the NFT market thanks to a historic CryptoPunk sale.

Ethereum tops NFT sales in the last 24 hours, with Bitcoin and Solana following despite market fluctuations.

Bitcoin leads the NFT market with a significant sales increase, outperforming Ethereum, Solana, and BNB

U.S. Senators Jack Reed and Laphonza Butler have expressed concerns over the approval of crypto ETFs beyond Bitcoin.

Analysts lower expectations for a spot Ethereum ETF approval by May.