Japan eyes Web3 growth with startup-focused tax reforms
Japanese minister Takeru Saito hopes to create an environment to lure businesses and developers worldwide.
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EU to use blockchain for educational and professional credential verification
The EU’s EBSI Vector project and Protokol blockchain solutions are creating a blockchain-based cross-border credential verification program for EU citizens. 54 Total views 1 Total shares The European Commission has made moves to implement blockchain technology to transform the way educational and professional credentials will be verified across borders. In an announcement on June 7,…

Central Bank of Russia Reviews Potential Benefits and Drawbacks of CBDCs
The central bank of Russia has reviewed the potential benefits and drawbacks of central bank digital currencies (CBDC) in a policy brief published on April 18.In the document, entitled “Is there a future for central bank digital currencies,” the Central Bank of the Russian Federation outlined a number of potential benefits of CBDCs, such as…

Transak, Uranium.io partnership lets users buy tokenized uranium with crypto
The minimum barrier to entry for tokenized Uranium is now just $10, down from the previous minimum of $4.2 million for over-the-counter uranium trades.

MUFG boosts its crypto exposure following $41M Zipmex funding round
Thailand's Bank of Ayudhya, where MUFG holds a 76.9% stake, has participated in a $41 million raise for Asia-Pacific-focused crypto trading platform Zipmex. 188 Total views 2 Total shares Thailand's Bank of Ayudhya (BAY) – in which Mitsubishi UFJ Financial Group (MUFG) holds a 76.9% stake – participated in the latest funding round for the…

Microsoft shareholder proposes firm look into investing in Bitcoin
Microsoft’s board is already recommending voting against it, arguing they already “evaluate a wide range of investable assets,” including Bitcoin.

Nansen lays off 30% of its workforce
The CEO of Nansen cited two reasons for the layoffs, including an overly aggressive hiring phase during the bull market and the prolonged crypto bear market that followed. Blockchain analytics platform Nansen has announced the trimming of its workforce by 30%. On May 30, Nansen CEO Alex Svanevik disclosed on Twitter that the company had to…

Coinbase is reportedly looking to set up office in New York
After announcing shutdown of San Francisco headquarters last month, Coinbase is reportedly quietly setting up its first office in New York. 3007 Total views 5 Total shares The United States’ largest cryptocurrency exchange, Coinbase, is reportedly setting up its first office in New York. The Nasdaq-listed cryptocurrency exchange has allegedly subleased 30,000 square feet from…

Vietnamese police foil $1M crypto scam, protect 300 potential victims
Vietnamese police thwarted a crypto scam that has already taken in $1.17 million, saving 300 potential victims and uncovering fictitious tokens.