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Bank of Russia Rejects Provision of Crypto-Related Financial Services


Russia’s central bank has voiced opposition to the provision of financial services related to cryptocurrencies. The monetary authority believes such offerings would go against the interests of Russian investors as they are highly risky. Central Bank of Russia Unwilling to Allow Financial...

Binance Smart Chain, Animoca To Bet USD 200M On Crypto Gaming Startups


  Binance Smart Chain (BSC) has unveiled a USD 200m investment program developed in partnership with Animoca Brands, a company focused on non-fungible token (NFT) and gaming digital property rights - aiming to finance early-stage blockchain-based gaming startups. BSC is a blockchain network built...

MetaGods Raises $3M Investment to Develop Play-to-Earn 8-Bit Action RPG


PRESS RELEASE. MetaGods, the world’s first play-to-earn 8-bit action role-playing game built on the blockchain, has raised $3 million USD in funding from supporting investors. Numerous investors and partners have partnered with the initiative to combine blockchain technology and the fast...

Blockchain.com Acquires Latin American Crypto Investment Platform Sesocio


On November 30, the crypto firm Blockchain.com announced it acquired the Argentina-based investment platform Sesocio. According to the firm, the acquisition will give the company’s global workforce an aggregate headcount of 400 Blockchain.com employees worldwide. Blockchain.com’s...

Asia Falls Behind as US Takes the Lead in Crypto VC Deals


  The US is the global leader in blockchain-related investment deals, with nearly three times the dollar amount transacted in deals there as in Europe during the third quarter of this year. Meanwhile, Asia has for the first time fallen behind the US by the number of crypto startups that raised...

Finance Committee Approves Legislation Delaying Crypto Tax in South Korea


Changes meant to postpone the introduction of a tax on virtual assets such as cryptocurrencies in South Korea have been approved by an important parliamentary committee. The draft legislation seeks to delay Seoul’s plan to impose a 20-percent levy on gains from crypto transactions. Ahead...

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