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London-headquartered banking giant, HSBC Holdings (NYSE: HSBC) has reportedly partnered with crypto custody technology business, Fireblocks to expand into the digital asset space, according to CoinDesk.
The Monetary Authority of Singapore (MAS) has released a report outlining a proposed framework for the creation of open, interoperable networks for digital assets, such as tokenized real-economy and financial assets.
Japan's National Tax Agency stated that cryptocurrency issuers in the country will not be required to pay capital gains taxes on unrealized gains.