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Nalezeno "Q2 report": 5576

Revised Bill Suggests Prison Time for Russian Crypto Miners Evading Taxation

12.3.2023
A draft law designed to regulate crypto mining in Russia introduces harsh penalties for miners failing to report digital assets to the state. In its latest revision, the bill also threatens to punish those who organize illegal trading of cryptocurrencies with imprisonment and hefty fines. Forced...

Cryptocurrency Turnover Growing in Russia, Watchdog Reports to Putin

12.3.2023
Use of cryptocurrencies is increasing in Russia, the head of the country’s financial watchdog has informed President Putin. The agency, Rosfinmonitoring, is following thousands of participants in digital asset transactions with a new blockchain analytics system, the official revealed. Volume...

Failed tech bank SVB held over $5B for prominent crypto VCs: Report

11.3.2023
It is unclear how much assets custodied on behalf of crypto VCs are stuck in Silicon Valley Bank

Bitcoin Bounces as U.S. Adds 311K Jobs in February, Beating Expectations

10.3.2023
The unemployment rate fell/rose/held steady to 3.X%

Bitcoin, Ethereum Technical Analysis: BTC Under $20,000 as ETH Sinks Below $1,400 on Friday

10.3.2023
Bitcoin fell below the $20,000 level for the first time since January, as markets continued to react to the liquidation of Silvergate Bank. This comes ahead of a pivotal U.S. nonfarm payrolls report, which could decide how aggressive the Federal Reserve acts in its upcoming meeting. Ethereum moved...

Report: Thai Govt to Grant Tax Waivers to Issuers of Digital Asset Investment Tokens

10.3.2023
Thailand’s government has said companies that issue digital tokens will receive a waiver that exempts them from paying corporate and value-added tax. According to a report, the Thai government anticipates losing just over $1 billion in tax revenue as a result of the waiver. Relaxation of...

Facebook Parent Company Meta Exploring Decentralized App: Report

10.3.2023
The app, codenamed P92, will be a standalone product for sharing text updates

Report: Michael B. Jordan Wants To Make A Creed Anime Spin-Off

10.3.2023
Creed III, the latest Rocky spin-off starring (and this time directed by) Michael B. Jordan, is currently killing it at the box office. So it’s not surprising to hear that MGM and its parent company Amazon have big plans for the franchise. However, it’s a little odd that those plans might include...

Blockchain.com suspends its asset management subsidiary launched in April: Report

9.3.2023
The timing of opening the subsidiary was unfortunate, a spokesperson noted to Bloomberg, although the company held up to the crypto winter for quite a while

Report: Suicide Squad Game Delayed Again After Negative Fan Reaction

9.3.2023
Suicide Squad: Kill the Justice League, the upcoming online co-op action shooter from Rocksteady, has reportedly been delayed from its planned May release to sometime “later this year.” This follows last month’s release of new gameplay footage being met with a flood of negative reactions from fans...

Report: Hong Kong Residents Lost More Than $216 Million to Crypto Scams in 2022

9.3.2023
According to Hong Kong police, in 2022 there were 2,336 reported crypto scam-related cases in which more than $216.6 million was lost. Although losses relating to crypto scams only constituted just over 10% of the nearly 23,000 reported technology crimes, they still accounted for more than half...

Binance Expands Proof of Reserves Report with 11 New Tokens - Here Are the Coins That Were Added

8.3.2023
Binance has expanded its Proof-of-Reserve (PoR) report to include 11 more tokens, bringing the overall amount of funds verifiable via the exchange's PoR system to over $63 billion. In a Tuesday blog post, the world's largest crypto exchange revealed that it has added MASK, ENJ, WRX, GRT,...

Spain Leading the Way in Crypto-powered Real Estate Sales Sector – Report

8.3.2023
Spain has become the center of gravity for the fledgling crypto-powered real estate sector, a new study has found. Per the media outlet Criptonizando, the study was conducted by Forex Suggest. The study found that 289 properties had been listed for sale in Spain with crypto listed as a payment...

BIS Releases Report On ‘Project Icebreaker’ — Develops Cross-Border Retail CBDC Payment Model

8.3.2023
The Bank for International Settlements (BIS) has released a report summarizing the “Project Icebreaker” trial, which explored the potential advantages and difficulties of utilizing a retail central bank digital currency (CBDC) in cross-border payments. The experiment was designed...

89% still trust centralized custodians despite 2022's collapses: Survey

8.3.2023
A January survey from Paxos found that 89% of respondents still trusted “intermediaries” to hold their crypto, despite the collapses and bankruptcies in 2022

Report: Perth Mint Faces $9 Billion Recall From China Over ‘Doped’ Gold Scandal

7.3.2023
Perth Mint, Australia’s official bullion mint, currently faces a $9 billion recall from China for allegedly selling “doped” bullion and attempting to cover it up, as reported by Australia’s ABC News. The practice of doping gold involves adding impure ore like silver to...