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US SEC To Open New Office Dedicated to Crypto-Related Filings

US SEC To Open New Office Dedicated to Crypto-Related Filings

The new crypto offices, which are under the SEC’s Division of Corporation Finance, will be tasked with reviewing disclosures for publicly traded firms.

Sweat Economy Announces Exciting New Campaign: Win a Year's Salary as Chief Walking Officer

Sweat Economy Announces Exciting New Campaign: Win a Year's Salary as Chief Walking Officer

Sweat Economy, the biggest move-2-earn project globally on a mission to make the world more physically active, is offering users the chance to win the role* of ‘Chief Walking Officer’, complete with a year’s salary to the value of USD 24,000. The job specification contains on main requirement: to walk a minimum of 5000 steps per day.

Australian Taxation Office Clarifies CGT on DeFi and Crypto Wrapping

Australian Taxation Office Clarifies CGT on DeFi and Crypto Wrapping

The Australian Taxation Office has issued guidelines on the capital gains tax implications for decentralized finance activities and crypto token wrapping, following a recent security breach.

Yellen Selects Fed Associate Director Michael Hsu to Succeed Brian Brooks at OCC

Yellen Selects Fed Associate Director Michael Hsu to Succeed Brian Brooks at OCC

US Treasury Secretary Janet Yellen announced her intention to nominate Fed Associate Director Michael Hsu to take charge as the new acting Comptroller of Currency.

Government Officials in Russia Expected to Declare Their Cryptocurrency Savings

Government Officials in Russia Expected to Declare Their Cryptocurrency Savings

Government officials in the Ural region of Russia are now expected to declare their savings stored in cryptocurrencies.

The Sandbox Appoints Nicola Sebastiani as Chief Content Officer

The Sandbox Appoints Nicola Sebastiani as Chief Content Officer

The Sandbox announced the appointment of Nicola Sebastiani as its Chief Content Officer to bolster its global content development. With a notable background from Sony PlayStation Studios and Apple, Sebastiani is set to enhance The Sandbox’s creator and content ecosystems. Alongside, executive promotions were announced with Mathieu Nouzareth now as Chief Business Officer and Amit Kumar as Chief Marketing Officer, marking a strategic move towards expanding its global community and fostering user-generated content in its decentralized virtual platform.

Lesley O'Neill was Appointed as Binance.US Chief Compliance Officer

Lesley O'Neill was Appointed as Binance.US Chief Compliance Officer

Lesley O’Neill's appointment as Binance.US Chief Compliance Officer marks a strategic response to heightened SEC scrutiny, emphasizing the crypto industry's shift towards compliance and regulatory adherence.

UK Billionaire Simon Nixon's Family Office Announces Plans to Enter Cryptocurrency Market

UK Billionaire Simon Nixon's Family Office Announces Plans to Enter Cryptocurrency Market

Seek Capital family office has decided to expand its investments into crypto assets by planning to hire an analyst who understands cryptocurrencies to help the firm manage crypto portfolios.

UK's ICO to Investigate OpenAI CEO's Worldcoin Project

UK's ICO to Investigate OpenAI CEO's Worldcoin Project

The Information Commissioner's Office (ICO) announced on July 25, 2023, that it plans to initiate an investigation into Worldcoin, a project overseen by OpenAI CEO Sam Altman. The investigation is set to commence shortly after the announcement. ICO is the data regulator in the United Kingdom.

92% High-Net-Worth Individuals in SG & HK Are Interested in Digital Assets: KPMG

92% High-Net-Worth Individuals in SG & HK Are Interested in Digital Assets: KPMG

KPMG China conducted a study dubbed “Investing in Digital Assets” and found that family offices and high-net-worth individuals in Singapore and Hong Kong have a growing interest in terms of virtual digital assets.

Congressional Memo Challenges SEC's SAB 121

Congressional Memo Challenges SEC's SAB 121

Congress members question the enforceability of the Securities and Exchange Commission's Staff Accounting Bulletin 121, arguing it deviates from standard accounting practices, misrepresents custodians' responsibilities, and increases consumer risk.

Paxful Exits Venezuela’s P2P Crypto Bitcoin Market Following US Sanctions

Paxful Exits Venezuela’s P2P Crypto Bitcoin Market Following US Sanctions

Paxful has withdrawn its crypto trading services from Venezuela after the country was classified as high-risk by the Office of Foreign Assets Control (OFAC).

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