OMGFIN Daily News

South Korea’s sweeping crypto bill passes first regulatory hurdles
Legislators in South Korea passed an initial phase review of proposed cryptocurrency rules that include relatively harsh sentencing recommendations. Sout...
Thu, 27 Apr, 2023 at 4:14 AM
Bahamas securities watchdog presents comprehensive new draft digital assets act
After the FTX scandal concentrated the international spotlight on it, the Securities Commission of The Bahamas completes its regulator overhaul. The Secu...
Thu, 27 Apr, 2023 at 5:17 AM
Hong Kong security regulator to issue crypto license guidelines in May
The crypto business guidelines were reportedly disclosed by the CEO of Hong Kong’s Securities Futures Commission, Julia Leung.  The Hong Kong Securities ...
Fri, 28 Apr, 2023 at 4:17 AM
California county approves blockchain-based digital wallet for gov't services
Santa Cruz voted to approve the use of a blockchain-based digital wallet for government services and official documentation and is set to embark on a pilot ...
Fri, 28 Apr, 2023 at 4:17 AM
Decentralized file-storage pricing differentials persist despite market growth: Report
Depending on the metrics, the expense of decentralized file storage can be very low or significantly higher than Web2 counterparts. According to a new re...
Fri, 28 Apr, 2023 at 4:18 AM
Hong Kong regulator requires banks to open accounts for crypto firms
Hong Kong’s central bank has urged banks to give services to crypto enterprises before receiving a license. The Hong Kong Monetary Authority (HKMA), the re...
Sat, 29 Apr, 2023 at 2:02 AM
Tax law researchers propose IRS framework for deducting crypto losses
A newly issued study appears to endorse the isolation of crypto assets from other tax deductions where losses are concerned. Researchers at Indiana Unive...
Sat, 29 Apr, 2023 at 2:02 AM
Mauritius planning to launch pilot project for retail digital rupee late this year
The governor of the Bank of Mauritius told a meeting of central bank technologists about the development of the island nation’s CBDC ambitions.  Mauritiu...
Sat, 29 Apr, 2023 at 3:52 AM
Friends and FOMO pushed newbie investors to buy crypto in 2022 — Survey
A survey from the United States Financial Industry Regulatory Authority indicates that new crypto investors tended to be moved by suggestions from friends, ...
Mon, 1 May, 2023 at 2:13 AM
Syria Urges BRICS to Lead in Ditching Dollar, Talks Yuan Adoption With China
BRICS countries can lead efforts to abandon the U.S. dollar in international settlements, according to President Bashar Assad of Syria. At a convocation wit...
Mon, 1 May, 2023 at 6:01 AM