South Korea Investigates Tax Evasions in Crypto Assets
宏观新闻 General News
Major League Baseball Has Adopted FTX As Official Crypto
Major League Baseball has just announced its partnership with FTX, the first-ever sponsorship of a professional sports league by a crypto brand.
The partnership will expose millions of MLB fans to the FTX platform in a five-year deal. FTX patches will be placed on umpire uniforms in all games starting from mid-July. Additionally, the exchange attained group player rights, allowing it to use player highlights in content creation.
As the oldest major sports league in the U.S. and Canada, MLB is a highly recognizable brand, and it’s likely that the partnership will indeed help Bankman-Fried’s exchange in increasing its brand awareness worldwide.
6 Leading Banks Back SWIFT’s New International Payments Platform
Six of the world’s biggest banks plan to use a new platform for international payments set for launch in November 2022 by SWIFT, the global interbank messaging network. The banks include Citi, Bank of China, BNP Paribas, Deutsche Bank, BNY Mellon and Standard Chartered.
The new platform is set to include features such as upfront validation of beneficiary details, extension of SWIFT’s high-speed system to lower-value payments and incorporation of the universal messaging standard for international payments, ISO 20022.
专业发展 Enterprise Development
Tesla, Facebook, Google Stocks Launch on the Solana Blockchain
Digital Assets AG has launched tokenized stocks including popular stocks such as Facebook, Google, Netflix, Nvidia, Paypal, Square, and Tesla.
The company has launched these free-floating tokenized stocks for trading on Solana, a blockchain supported by FTX. Stock tokenization allows for consumers to buy company shares as crypto tokens, bridging traditional finance with decentralized finance (DeFi).
Transferable tokenized stocks launched on Solana will allow both centralized and decentralized exchanges to add tokenized stock trading to their platforms.
大咖链语 Important Figures in Blockchain
Guggenheim’s Scott Minerd Says Bitcoin Could Sink to $15K
Scott Minerd, the chief investment officer of the multi-billion dollar investment firm Guggenheim Partners, told CNBC on Friday that he thinks that bitcoin (BTC, -8.17%) could bottom out at $10,000 to $15,000 in its latest swoon.
In the interview, Minerd said that investors shouldn’t be “anxious to be putting money in bitcoin right now” and predicted that bitcoin could spend the next few years trading sideways before the market turns bullish again.
法律监管 Policy & Regulations
South Korean Officials Confiscate $47 Million In Crypto Assets Due To Tax Evasion
In total, over $47 million in various crypto assets have been seized by law enforcement. In addition, tax evasion charges were filed against over 12,000 people after a probe that lasted for months. However, the overarching investigation monitors as many as 140,000 people who may have engaged in tax evasion activities. Not all of them engage in crypto assets, however.
The most reliable way to investigate illicit activities with cryptocurrencies is through blockchain analysis firms, in addition to cooperating with exchanges and trading platforms.
For now, the exact details regarding this investigation remain unclear. However, it is a significant seizure for back taxes, and exchanges and brokers may have facilitated some activity.
