Day: March 25, 2023

Nasdaq to launch crypto custody by Q2 2023

Nasdaq plans to capitalize on the demand for institutional service providers in the crypto market by launching its crypto custody service at the end of the second quarter in 2023. According to Ira Auerbach, the Senior Vice President and Head of Nasdaq Digital Assets, American stock exchange Nasdaq, is set to begin offering its crypto custody services to clients by the end of Q2 2023. He added that the exchange is working round the clock to get the necessary regulatory approvals to meet their target of debuting in Q2 of…

El Salvador to remove taxes on technological advancements

El Salvador President, Nayib Bukele, said he intends to eliminate all taxes on technological advances, including income, property, capital gains taxes, and import duties. He added that he would send legislation to Congress the following week. Aiding innovation undoubtedly offers up various avenues. Suppression from centralized entities, on the other hand, will stifle this growth. While the rest of the world deals with banking and other economic issues, El Salvador is focused on technical advancement.  On March 24, president Bukele declared he would submit a proposal to the El Salvadoran…

Paris Blockchain Week 2023: summit discussions and highlights

The fourth Paris Blockchain Week, held at the Carrousel du Louvre, covered web3 art, open finance, enterprise blockchain, public policy, and investing in web3, among others.  In addition, other events such as a hackathon, startup competition, investor events, and others took place. The 2023 PBW also featured over 400 speakers from some of the top players in the industry, such as Ledger, Algorand, Reddit, Amonica Brand, and more. Over 10,000 people attended the event this year, higher than the above 3,000 attendees last year. Let’s recap what has been discussed and…