WAO ART #309

The United Kingdom is launching a Digital Securities Sandbox to allow companies to test tokenized securities solutions and products under regulatory supervision. The sandbox will be operated by the Financial Conduct Authority and the Bank of England.

Bitwise, a San Francisco-based asset manager, has released a commercial for its spot Bitcoin ETF, signaling its confidence in potential SEC approval. The commercial features Jonathan Goldsmith, known as "The Most Interesting Man in the World," and aims to boost Bitwise's visibility and position in the crypto market.

Circle Internet Financial, the issuer of the US-dollar-backed stablecoin USDC, is partnering with Fuze, MENA's digital assets infrastructure provider, to expand the adoption of USDC in the Middle East, Africa, and Turkey. The collaboration aims to support the use of USDC in these regions and explore new use cases.

Star bowlers Mitchell Starc and Pat Cummins sold for record sums at the Indian Premier League (IPL) auction, just a month after helping Australia win the World Cup. Cummins was sold to the Sunrisers Hyderabad for $2.48 million, breaking the previous highest landmark set by Sam Curran.

The U.S. District Court for the North District of Illinois has approved a $2.7 billion settlement between cryptocurrency exchange Binance and the Commodity Futures Trading Commission (CFTC). Former Binance CEO Changpeng Zhao will pay a $150 million civil monetary penalty.

Brazil has implemented a new income taxation law that requires Brazilian investors holding digital assets on overseas platforms to pay a 15% tax. The law, signed by President Luiz Inácio Lula da Silva, aims to generate $4 billion in taxes from digital assets stored overseas.

Singapore-based crypto exchange PayBito plans to increase its workforce by 50% in 2024, with a focus on hiring skilled professionals for various job roles. The company aims to provide cutting-edge technological innovations to its customers and strengthen its position as a leading cryptocurrency exchange.