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FameEX Morning Crypto News Recap | November 15, 2023
2023-11-15 12:26:10
Adrian Day Sounds Warning on Impending US Recession, Drawing Parallels to an Oncoming 'Freight Train
Adrian Day, CEO of Adrian Day Asset Management, voiced worries about an imminent U.S. economic downturn in a recent interview. He conducted a comprehensive analysis of the Federal Reserve's actions and their potential consequences for the nation's economy, emphasizing potential challenges ahead.
Dapper Labs and Disney Collaborate to Unveil an NFT Pin Collecting Platform Dapper Labs, renowned for NBA Top Shot NFTs, introduced Disney Pinnacle, a digital platform transforming traditional pin collecting. Featuring Disney, Pixar, and Star Wars characters, it merges nostalgia with the digital collectibles realm. The waitlist for Disney Pinnacle is now open, offering a unique fusion of beloved characters and digital memorabilia. Bim Afolami Appointed as UK's Economic Secretary with Emphasis on Cryptocurrency Policy On November 13, the UK government announced Bim Afolami's appointment in a ministerial reshuffle. As the Economic Secretary, he'll play a pivotal role in shaping policies regarding digital asset adoption and central bank digital currencies (CBDCs) in the UK, underscoring the nation's increasing focus on cryptocurrency and CBDC advancements. South Korean Democratic Party Enforces Crypto Holdings Disclosure for Parliamentary Candidates The Democratic Party of Korea, with 167 out of 300 National Assembly seats, plans to make it mandatory for prospective candidates to reveal their digital asset holdings ahead of the 2024 general election. This initiative is intended to showcase the party's dedication to maintaining high moral standards and promoting candidate transparency. Australia to Impose Capital Gains Tax on Wrapped Cryptocurrency Tokens The Australian Taxation Office (ATO) has issued guidance regarding the capital gains tax (CGT) treatment for individuals involved in decentralized finance (DeFi) and the practice of wrapping cryptocurrency tokens. This guidance underscores the ATO's determination to impose capital gains tax on Australians for transactions involving the wrapping and unwrapping of tokens within the DeFi sector. Crypto Emerges as France's Second-Most Popular Investment Choice A recent survey conducted by the Organisation for Economic Co-operation and Development (OECD) and reported by France's financial regulator, the Autorité des Marchés Financiers, on November 13, highlights that cryptocurrencies have secured the second-place spot as the preferred investment asset among adult individuals in France. Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.
