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According to Cointelegraph, Utah's HB230 "Blockchain and Digital Innovation Amendment" has passed the state's Senate Tax Committee with a 4-2-1 vote on February 20, and the bill will enter the second and third readings of the Senate. According to the bill, to become a reserve asset, a digital asset must have an average market cap of $500 billion or more in the previous calendar year. Currently, only Bitcoin meets this requirement. The bill...
Amber Japan, the operator of crypto asset trading service WhaleFin, has changed its name to S. BLOX on July 1, 2024. S. BLOX, formerly known as Japanese exchange DeCurret, was acquired by a subsidiary of Singapore-based market maker Amber Group in February 2022 and subsequently by Quetta Web Co., Ltd., a wholly-owned subsidiary of Sony Group, in August 2023. As a member of the Sony Group, S. BLOX plans to promote cooperation with the group's diverse businesses and is committed to creating new ad...
