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Central Banks to set standards on banks’ crypto exposure - BIS
17.12.2022
The new standard limits crypto reserves among banks to 2% by 2025, and goes into effect on January 1, 2025
Japan set to ease 30% crypto tax on paper profits for token issuers
16.12.2022
As it stands, Japanese crypto issuers are required to pay a set 30% corporate tax rate on their holdings, even if they haven’t realized a profit through a sale
Russian Social Media Giant Vkontakte Launches NFT Service
15.12.2022
Russia’s largest social network, Vkontakte, has launched a feature allowing users to upload digital collectibles to the platform. Account holders will also be able to buy and sell them in the future as the company intends to establish a marketplace for non-fungible tokens. Vkontakte Users...
Recently Signed 2009 Bitcoin Block Reward Linked to Hal Finney’s Set of BTC Transactions
15.12.2022
At the end of November, an unknown person signed a signature tied to an extremely old block reward mined on Jan. 19, 2009, and the user published a message and verified signature linked to the reward on the forum bitcointalk.org. The message was tied to a bitcoin address associated with block...
Pro-Crypto EU Lawmaker Eva Kaili Set to Lose Vice-Presidency Amid Corruption Probe
12.12.2022
Kaili, actively involved in European Parliament discussions on cryptocurrency and NFTs, has already been suspended from her party following allegations of lobbying by Qatar
Animoca Brands and TinyTap to disrupt education with auction of second set of Publisher NFTs starting 15 December 2022
12.12.2022
Animoca Brands, the company advancing digital property rights for gaming and the open metaverse, and its subsidiary TinyTap, the leading platform for user-generated educational games, today announced that the second series of teacher-authored Publisher NFTs would be auctioned on OpenSea starting...
Dark horse Orbeon Protocol (ORBN) set to overtake Trust Wallet Token (TWT) and Huobi Token (HT)
11.12.2022
Orbeon Protocol (ORBN) is revolutionizing the way people invest in startups, and its innovative approach has already attracted significant attention. The price of ORBN has rallied by 655% increase in the presale phase, as Orbeon Protocol (ORBN) has emerged as a dark horse in the world...
FTX Co-Founder Sam Bankman-Fried Agrees to Testify Before US Congress
10.12.2022
The co-founder of collapsed crypto exchange FTX, Sam Bankman-Fried (SBF), has agreed to testify at one of the two congressional hearings set for next week. “I had thought of myself as a model CEO, who wouldn’t become lazy or disconnected,” Bankman-Fried claimed. Sam Bankman-Fried...
Ethereum Core Developers Set March 2023 Tentative Deadline for Shanghai Upgrade – This is What You Need to Know
9.12.2022
Ethereum (ETH) core developers are now targeting a March deadline for the highly anticipated Shanghai network upgrade, which will allow staked ETH to be withdrawn.
Speaking in a recent developer call, Ethereum lead developer Tim Beiko said that enabling staking withdrawals is “clearly the highest...
Brussels Wants All Crypto Service Providers to Report Transactions of Europeans
9.12.2022
The European Commission has set out to oblige platforms processing crypto transactions for EU residents to share information with tax authorities in the Union. According to the proposal, all crypto service providers, regardless of where they are based, will have to abide by the new rules. EU...
After Bitcoin & Ethereum Price Recovery New Crypto Coins Set to Pump?
9.12.2022
The Bitcoin price is up over 2% and the ETH price nearly double that - is it time to buy new cryptocurrencies for altcoin season?
The crypto markets still have to contend with PPI data later today then CPI and FOMC next week, but at press time Bitcoin has closed four hour candles just over the...
Nigeria Announces New Cash Withdrawal Restrictions — ATMs Limited to Less Than $44 per Day
8.12.2022
In a new directive to financial institutions, the Central Bank of Nigeria (CBN) said individuals can now only withdraw an equivalent of just under $222 per week while corporates can only withdraw cash not exceeding $1,111 during the same period. The new limits, which are in line with...
Iran set to freeze bank accounts of women who refuse to wear a hijab
7.12.2022
Iran’s plan to freeze bank accounts reinforces the need for decentralized currencies to exist in tandem with cash and CBDCs
Japanese Government Set to Adopt FATF Crypto AML Guidelines into National Law
5.12.2022
The Japanese government is preparing to enshrine the Financial Action Task Force (FATF)’s crypto anti-money laundering (AML) guidelines into the legal code – after the country’s parliament voted in favor of the measure.
NHK reported that MPs voted for the Revised Act on Prevention of Transfer...
South African Government to Add Crypto Entities to ‘List of Accountable Institutions’
2.12.2022
According to the South African government, crypto entities — or businesses whose activities include the exchange or transfer of crypto assets — are set to be included in the list of so-called accountable institutions starting Dec. 19. Businesses that convert one crypto asset to another or that...
The Complete, Surprising Eight Year History Of LEGO's Poop Piece
30.11.2022
In October, thanks to a viral tweet, the world learned of a new LEGO City set that contained a giant human turd inside a portable toilet. It was such an absurd sight that, after Kotaku reported about it, I was invited by NPR to discuss it on one of their podcast trivia shows. But this isn’t...
Cryptocurrencies Predestined to Explode in 2023: Oryen Network, Mask, Polygon, and Ethereum Name Service
30.11.2022
Since the early days of crypto, market trends are always a rollercoaster ride, with alternating bear and bull runs. In late 2017, crypto prices rallied, and Bitcoin reached nearly $20,000. The following years were bearish until the pandemic in 2020. Then, markets flipped and rallied to all-time...
RegTech Africa Conference set to elevate national policy on financial inclusion, consumer protection, and cybersecurity
28.11.2022
Digital financial services hold great promise as a means to enable financial inclusion and thus help improve people’s lives. However, cybercrime has become a key concern in developing and emerging markets and threatens to hinder global advances in building a more inclusive digital society. Whilst...
New Naira Banknotes to Make Monetary Policy More Effective — Nigerian Central Bank Governor
27.11.2022
The Central Bank of Nigeria governor, Godwin Emefiele, has said the newly designed naira banknotes are set to enhance the effectiveness of the organization’s monetary policy and bolster the financial inclusion cause. Forcing Currency Hoarders to Return to the Banking System According to...
Litecoin breaks the $65 resistance: Is LTC set to reach $100?
25.11.2022
Litecoin is very similar to Bitcoin, which is mainly used for small transactions. LTC is the native coin and is currently in high demand. That is why it broke the previous resistance even after the fall of the FTX liquidity crisis. When many altcoins are forming yearly lows, LTC is trading close...