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Crypto Evening Briefing: 3 Crypto Firms Land on the World’s Top 10 Leading Fintech Unicorns List

Crypto Evening Briefing

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Top Stories

India Raked In Over $19.2M in Crypto Tax in the 2023 Fiscal Year

India disclosed that it made more than $19.2M in tax after new rules subjected income from crypto transfers to a flat tax rate of 30%.

Japan's Finance Ministry to Explore Digital Yen Feasibility: Report

Japan's finance ministry plans to launch an expert panel next month to explore the feasibility of a central bank digital currency (CBDC), or digital yen, public broadcaster NHK reported without saying where it got the information.

3 Crypto Firms Land on the World’s Top 10 Leading Fintech Unicorns List

According to data acquired by Finbold, three cryptocurrency firms with a cumulative valuation of $42.3 billion made it to the list of top 10 leading fintech unicorns globally as of Q4 2022. 

Sam Bankman-Fried to Plead Not Guilty to Bribery, Campaign Finance Charges: Reuters

FTX founder Sam Bankman-Fried will plead not guilty on charges of trying to evade campaign financing laws and attempting to bribe one or more Chinese government officials, Reuters reported on Thursday.

Thailand Considers Lifting THB 300K Retail ICO Limit

Thailand’s Securities and Exchange Commission (SEC) is considering lifting the 300,000 baht (about $8,800) retail investment limit for initial coin offerings (ICO) to stimulate investments in digital tokens.

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $28,565.86 USD, jumped by 0.65% in the last 24 hours;

ETH’s live price is $1,802.14 USD, dropped by 0.20% in the last 24 hours;

BNB’s live price is $317.59 USD, jumped by 0.49% in the last 24 hours;

XRP's live price is $0.5441 USD, dropped by 0.50% in the last 24 hours.

Fundraising News

Fetch.ai Seizes $40M Investment Despite Decline in AI Sector Token Performance

Fetch.ai, an AI-focused crypto protocol, has raised $40 million from market maker and investment firm DWF Labs to deploy machine-to-machine tools for greater AI integration.

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