Tag Archives: Digital Assets

The Securities and Exchange Commission (SEC) has released a set of new regulations guiding the issuance, exchange and custody of digital assets in Nigeria. The development is coming more than a year after the commission issued the classification and treatment of digital assets. According to SEC, a digital asset means a digital token …

The non-fungible token (NFT) marketplace is booming with sales jumping by more than 200 times in 2021, according to a new report which also highlights how NFTs have become precisely that, a marketplace. Sales of NFTs jumped 21,000 per cent to more than $17.6 billion (almost €16 billion) in 2021, …

India announced plans to begin taxing income from digital assets on Tuesday, while also setting out plans for the launch of its own digital currency. The Indian government unveiled a tax of 30% on the sale of crypto assets in a move that brings more clarity to the regulatory and …

North Korean hackers launched at least seven attacks on cryptocurrency platforms last year to steal almost $400 million worth of digital assets, according to a report by blockchain analysis firm Chainalysis. “From 2020 to 2021, the number of North Korean-linked hacks jumped from four to seven, and the value extracted …

Securities and Exchange Commission (SEC) has considered cry;ptocurrency as digital assets and will, therefore, make it acceptable and put it under its strict regulations. In a document sighted by Business Remarks released on Monday, SEC said its regulation will ensure that the use of digital assets is operated in a …