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Latest from Sheldon Reback
India's Controversial Crypto Tax Should Be Cut After Failing to Achieve Aims, Think Tank Urges
The government lost $420 million in potential revenue and failed to improve transparency because the tax regime prompted as many as 5 million crypto users to shift transactions offshore, a new study found.
U.S. Crypto Stocks Ride BTC Momentum in Pre-Market Trading
COIN, MSTR, HOOD and mining stocks all showed upward movement in pre-market trading after bitcoin rose to its highest level in 18 months.
Standard Chartered, SBI Holdings Establishing $100M Investment Firm Targeting Crypto Startups
SC Ventures and SBI Holdings' Digital Asset Joint Venture investment company will be established in UAE and focus on firms in market infrastructure, risk and compliance, DeFi and tokenization
Competition in Digital Markets Hits G7 Nations' Radar
The group agreed to scan for early warning signs of disruption in the distribution of market power.
Founder of Estonia's LHV Bank Lost Access to $472M of Ether
"It's no secret that I have a wallet with 250,000 Ethereum units," Rain Lõhmus said in an interview with Estonian national radio channel Vikerraadio in late October.
First Mover Americas: Binance Unveils Self-Custody Wallet
The latest price moves in crypto markets in context for Nov. 8, 2023.
Swiss Crypto Bank SEBA Wins Hong Kong License
The bank's Hong Kong unit can now deal in and distribute securities, including products related to virtual assets related.
CBDCs Are 'Central' to Innovating Financial Systems, BIS Chief Says
Central banks will have a limited role to play relative to the private sector in CBDC issuance, BIS general manager Agustín Carstens said.
HSBC to Offer Tokenized Securities Custody Service for Institutions
The platform, planned for 2024, complements its new offering for tokenized gold as well as one for issuing digital assets.
Ripple Broadens Remittances Between Africa, Gulf States, UK and Australia
At its annual conference, Ripple also announced product enhancements and license updates, including a focus on payments between enterprises and smaller businesses.
