Cryptocurrency News

UnionBank of the Philippines Secures Virtual Asset Service License

UnionBank of the Philippines has achieved a milestone by becoming the sole bank in the nation to secure a license from the Bangko Sentral ng Pilipinas (BSP) to function as a virtual asset service provider (VASP). The bank proudly holds the ‘Certificate of Authority’ from the central bank, distinguishing it as the premier bank in […]

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Thailand Tightens Tax Rules on Foreign Assets, Including Crypto

If you’re residing in Thailand for over 180 days, be prepared for a change in how your foreign assets, including cryptocurrency, are taxed. The Revenue Department of Thailand sets out to implement a new tax rule targeting foreign revenues, including gains from crypto trading. As per a recent report from the Bangkok Post dated Sept.

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Mark Cuban Faces $870K Crypto Loss in a Recent Hot Wallet Breach

Billionaire investor, Dallas Mavericks owner, and prominent crypto enthusiast, Mark Cuban, recently experienced a significant setback in his digital assets journey. He confirmed the loss of nearly $900,000 due to a breach in one of his hot wallets. The incident has raised eyebrows in the crypto community, prompting discussions about security and the vulnerabilities even

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