Tag: Digital Assets
South Korea Confirms 22% Crypto Tax Will Cover Private Wallets in 2027
South Korea will tax qualifying crypto income from private wallets starting in 2027. The planned tax includes a 2.5 million won deduction and a 22%…
Mirae Asset Completes Acquisition of South Korean Crypto Exchange Korbit
Mirae Asset Consulting becomes Korbit’s controlling shareholder after completing regulatory approval procedures. Korbit users will experience no changes as deposits, services, and data policies remain…
Galaxy Secures 15-Year Texas Tech Partnership Focused on AI and Crypto
Galaxy secures a 15-year Texas Tech deal spanning AI and digital assets. Partnership includes Galaxy Stadium naming and student NIL opportunities. Helios campus strengthens AI…
Revolut Secures VARA In-Principle Approval for UAE Crypto Expansion
Revolut wins VARA in-principle approval for regulated crypto services in the UAE. UAE users will access Revolut app and Revolut X after final regulatory approval.…
Alfa-Bank Reveals Crypto Plans as Russia Opens Door to Digital Assets
Alfa-Bank plans crypto custody services as Russia builds a regulated digital asset framework. The bank is testing crypto trading while developing blockchain investment products for…
South Korean Court Backs Crypto-Specific Asset Seizure Framework
South Korea proposes formal rules for crypto seizure during civil enforcement actions. New framework prevents debtors from hiding digital assets during ongoing lawsuits. Courts gain…
SEC Seeks Public Input on New Crypto ETF Regulatory Framework
SEC opens a 60-day consultation on proposed rules for crypto and novel ETF products. Review examines whether current ETF regulations fit evolving digital asset investments.…
Kraken and Maple Unveil $375M Onchain Credit Facility for Institutions
Kraken and Maple launched a $375M facility for institutional crypto lending access. The structure brings traditional credit protections into an onchain environment. Investors gain transparent,…
Ripple’s RLUSD Launches in Japan After Key Regulatory Approval
RLUSD gains regulated access to Japan through JFSA approval and SBI VC Trade. Ripple expands stablecoin adoption in Asia with institutional and retail market access.…
