GLOBAL CRYPTO AND TECH UPDATES

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9 Jan 2024

India’s Finance Minister Hints on Global Framework to Regulate Crypto Ahead of G20 Summit

India’s Finance Minister, Nirmala Sitharman has revealed that discussions are ongoing on global Crypto regulations ahead of the G20 summit.
Speaking at the Global Fintech Fest held in Mumbai, Sirtharman urged that cryptocurrency could not be regulated efficiently without the cooperation of all countries.

Ark Invest Files for Spot Ethereum ETF

Following the SECs decision to delay ARK Investment Management’s Bitcoin ETF, ARK has proposed an investment vehicle with exposure to Ether.
In a Sept. 6 filing, ARK Invest and 21Shares requested the SEC approve the listing of shares of a spot Ether ETF on the Cboe BZX Exchange.

Cathie Wood's ARK Invest files for first US spot-ether ETF

In a boost to the crypto sector, the US District of Columbia Court of Appeals last month passed a landmark ruling that…
economictimes.indiatimes.com

Failure to Tax the Metaverse ‘will Create A Tax Haven’ — Harvard Legal Expert

Harvard’s Christine Kim proposes taxing the metaverse and using it as a policy experiment platform in her recent study.
In the paper titled “Taxing the Metaverse,” Kim suggests the metaverse lets users amass wealth solely within its environment.

Taxing the Metaverse

The buzz surrounding the Metaverse has been growing steadily for the past couple of years, but the tax implications of…
papers.ssrn.com

China bans use of iPhones for government officials

China has banned the use of iPhones and other foreign smartphone brands for central government officials in the country.
Wall Street Journal reports that staffs are being notified via chat groups, and many officials are switching over to the use of domestic brands, especially Huawei.

Google Unveils New Ads Policy For NFT Games

Google now allows ads for blockchain-based NFT games but prohibits promotions related to gambling.
According to a blog post from Google, the new changes will go into effect starting September 15 and will be restricted only to games that meet specific criteria.

Updates to Cryptocurrencies and related products policy (August 2023)

Google provides translated versions of our Help Center, though they are not meant to change the content of our…
support.google.com
Elon Musk to sue ADL for accusing him, X of antisemitism
Elon Musk has announced that X, previously known as Twitter, will be initiating a defamation case against the Anti-Defamation League. He claimed that the ADL, a group dedicated to countering antisemitism, extremism, and prejudice, wrongly labeled him and X as antisemitic.

Justin Bieber hit track becomes NFT for royalty-sharing

Justin Bieber’s hit song from 2015 “Company” has been turned into an NFT by AnotherBlock which fans could earn royalties from future streams of the track.
On Sep. 7, the music tech platform AnotherBlock, in collaboration with co-producer Andreas Schuller (Axident), released the track “Company” as an NFT, limited to 2,000 copies.

1ATH.Studio

📅 Justin Bieber's hit song from 2015 "Company" has been turned into an NFT by anotherblock, from which fans could earn…
t.me

Visa expands stablecoin settlement options to Solana

Visa has unveiled its plans to broaden its stablecoin settlement functionalities, incorporating the Solana blockchain alongside its existing support for Ethereum. The company announced pilot programs in collaboration with merchant acquirers Worldpay and Nuvei.