crypto assets
Coverage of crypto assets in the Nexus archive.
- India central bank seeks to bar financial institutions from exposure to crypto assets: Reuters
India's central bank has called for banks to be barred from exposure to crypto assets and reiterated support for tighter restrictions on digital assets.
- South Africa proposes crypto tax guidance under existing framework
South Africa’s tax authority proposed draft guidance clarifying how crypto assets are taxed under existing income and capital gains tax rules. The guidance seeks public input until Aug. 31.
- [IND] mjn.cc - Stranger sent login credentials showing 6.3 million USDT after claiming they were "leaving this world"
A stranger sent login credentials to an account on mjn.cc claiming to hold 6.3 million USDT, with a message about planning to 'leave this world.' The recipient suspects a scam due to the unknown sender, emotional appeal, unfamiliar platform, and unrealistic fund size.
- Aztec Connect’s abandoned smart contract exploited for $2.1M
Aztec Connect’s abandoned smart contract was exploited for $2.1 million in crypto assets. The platform was deprecated in March 2023, but the immutable smart contract retained over $2 million.
- South Korea finance ministry says tokenized stocks are securities, not crypto assets, opening door to taxes: report
South Korea’s finance ministry classified tokenized stocks as securities, not crypto assets, potentially enabling taxation starting H2 2026 if regulators agree.
- Morgan Stanley lets clients lend bitcoin and other assets for in-kind spot crypto ETF conversions
Morgan Stanley Wealth Management and Galaxy Digital have partnered to allow eligible clients to lend cryptocurrency and other assets in exchange for crypto ETP shares. The collaboration enables in-kind spot crypto ETF conversions through this lending arrangement.
- US has seized nearly $1 billion in crypto from Iran, Bessent says
Treasury Secretary Scott Bessent stated that the U.S. has seized nearly $1 billion in Iranian crypto assets, following an earlier report of nearly $500 million in seized assets.
- Does anyone else get overwhelmed with tracking crypto once it’s in your cold wallet? And do you just give up to some degree.
The author is struggling to track their crypto assets in a cold wallet and is seeking advice on how to manage it effectively. They are finding it hard to keep track of expenses, costs, and profits. The author is looking for a way to simplify the process.
- New South African Crypto Regulation Proposal For Travelers Entering Or Leaving The Country: Declare Your Crypto Or Face Jail Time
South Africa proposes new crypto regulations requiring travelers to declare cryptocurrency assets when entering or leaving the country, with penalties including up to 5 years in prison. The National Treasury will update its 1961 Exchange Control Regulations to classify crypto as capital, alongside foreign currencies and gold, granting officials authority to search devices like phones and cold wallets.
- What are AI agent tokens?
Blockchain AI projects are shifting focus from infrastructure to AI agents, with AI agent tokens representing crypto assets tied to specific autonomous bots. These agents are becoming more capable, handling tasks like content generation and management.