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Latest from Nelson Wang
Bank of England Says Crypto Has Grown to Twice the Size of Subprime Debt in 2008
The BoE’s deputy governor of financial stability said that crypto now potentially poses a risk to the global financial system.

Hashmasks Is Behind New NFTs by Notorious Art Forger Wolfgang Beltracchi
The NFT collective says it’s giving access to an artist who would otherwise have no way to exhibit his work.

South Korea Opposition Party Trying to Make Changes to Crypto Tax: Report
The bill would delay the legislation coming into effect from the currently planned Jan. 1, 2022, to the beginning of 2023.

South Korea’s 20% Tax on Crypto Gains Will Take Effect in 2022: Report
NFTs appear to be exempt from the crypto taxes for now because South Korea does not classify them as “virtual assets.”

Twitter Exec Shares ‘Sneak Peek’ of NFT Profile Verification
Users’ avatars would get a check mark similar to the blue check mark given to verified Twitter users.

Fintech App Titan Adds Algorand, Chainlink and Uniswap to Actively Managed Crypto Portfolio
The company believes the three cryptos will outperform others as they become more widely adopted.

FTX Moves Headquarters From Hong Kong to Bahamas
The move comes as regulators around the world are stepping up their scrutiny of cryptocurrencies.

Institutional Investors Preferring Ether Over Bitcoin Now: JPMorgan
The spread between futures prices and spot prices for the two cryptos is telling, analysts wrote.

BlockFi Gets Another Extension From NJ Regulators on New Interest Accounts Ban
An order prohibiting the crypto lender from creating new interest-bearing accounts has now been postponed for the third time to Dec. 1.

Crypto Markets Need More Scrutiny From SEC, Investor Groups Say
The advocacy groups called the crypto industry “a Wild West” in a letter to SEC Chair Gary Gensler.
