Crypto Currency News & Updates
r/Crypto_Currency_News
➖ The National Agency of Uzbekistan for Advanced Projects (NAPP) has granted the first license to Lockton Hub to operate a crypto depository.
➖ In Japan, token producers have received a 30% tax exemption on unrealized profits from issued and held coins.
➖ Shanghai police have detained a gang of drug dealers who used a special application to encrypt “bookmark” sites. Concurrently, they received payment for goods in cryptocurrency.
➖ In Switzerland, prosecutors have frozen Do Kwon’s assets, totaling $26 million. The Terra co-founder’s funds were kept in Sygnum Bank.
➖ The Near Foundation has entered into a strategic partnership with Alibaba Cloud. The agreement aims to develop Web3 in Asia and will help accelerate the scaling of the protocol ecosystem.
➖ The Central Bank of Italy has announced the launch of the first phase of the Leonidas project last week. This initiative aims to explore the possibilities of digital currency integration.
➖ The Australian Government has introduced a bill that could lead to heavy fines for tech and social media giants if they fail to remove misinformation from their platforms.
➖ The Hong Kong & Shanghai Banking Corporation (HSBC), the largest bank in Hong Kong, has unveiled its first cryptocurrency services.
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Maintaining high standards is very time consuming, and the ban hammer is a quick guy. If you feel you have been unfairly banned please send us a modmail and explain. I am quick to give second chances as well.
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