The embattled cryptocurrency industry is once again under stress after Singapore-based loan, and trading platform Vauld announced on Monday that it would halt withdrawals and trading and seek new investors. Despite its best efforts, Vauld said this mainly had arisen […]
A draft resolution that might potentially exempt issuers of digital assets from paying value-added tax was recently adopted by Russian MPs. On income obtained from the sale of such assets, new tax rates have also been established. According to Reuters,
Russian Parliament Approves Potential Tax Exemption for Digital Asset Issuers Read More »
The Central African Republic’s president, Faustin-Archange Touadéra, has said that the government will support a project to build the nation’s blockchain infrastructure. When the President approved a law establishing a legal framework for cryptocurrencies and designating Bitcoin as an official
Following Bitcoin Adoption, Central African Republic Reveals Upcoming Crypto Hub Read More »
According to a report from Bloomberg, the well-known trading app Robinhood Markets, which exposed millions of traders to Bitcoin (BTC), Ether (ETH), and Dogecoin (DOGE), is apparently being considered for acquisition by the cryptocurrency derivatives exchange FTX. Sam Bankman-Fried, the
FTX, A Crypto Exchange, Is Considering Purchasing Robinhood Read More »
Blockchain, cryptocurrencies, and gaming altogether have been making waves for a while. For example, one of the most popular video game titles, Grand Theft Auto 6, will reportedly include an in-game cryptocurrency for payments. The game will let the user
The Grand Theft Auto 6 (GTA 6) Can Release in 2024, Could Feature Bitcoin In The Game Read More »
Kazakhstan is preparing to establish a cryptocurrency pilot project in the Astana International Finance Centre’s economic zone. This will allow exchange platforms to operate in the Astana International Finance Centre in a legal manner this year. On Thursday, the Kazakhstan
Kazakhstan Will Now Let Crypto Exchanges To Open Bank Accounts Read More »
MicroStrategy Inc. CEO Michael Saylor warned investors not to be concerned about a possible margin call on a Bitcoin-backed loan, claiming that the business has plenty of collateral to pledge if necessary. “As long as the Silvergate loan remains collateralized
Saylor, CEO of MicroStrategy, Says No Margin Call on Bitcoin Loan Read More »
The latest jolt to cryptocurrency investors came on Tuesday, with bitcoin and ether plummeting to new 18-month lows following the halting of withdrawals by prominent crypto lending service Celsius Network. The action by Celsius sparked a decline in the value
Cryptocurrencies Fallen After Crypto Lending Firm, Celsius, Halt Withdrawals Read More »
The State Revenue Committee (SRC), Armenia’s regulatory body in charge of tax and customs services, has written to the Central Bank of Armenia (CBA), requesting that the country’s crypto market be controlled. Rustam Badasyan, the chairman of the agency, expounded
Central Bank of Armenia to Regulate Cryptocurrency Read More »
MoneyGram, one of the world’s largest money transfer providers, aims to allow users to transmit stablecoins and convert them to fiat currency. The move will be carried out in collaboration with Stellar Blockchain. In addition, despite recent selloffs and volatility,
MoneyGram Joins hands with Stellar to Provide Remittance for Stablecoins Read More »
