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Artists Plan to Erect a Bronze Satoshi Nakamoto Statue in Budapest to Honor Bitcoin’s Creator
2.6.2021
Hungary plans to be the first country in the world to erect a statue of Satoshi Nakamoto, as a life-size bronze bust of Bitcoin’s creator will be displayed in Budapest. The bronze bust design is being constructed by two sculptors, Tamás Gilly and Réka Gergely. A Reflective...
Hungary to Cut Tax on Crypto Profits in Half, Down to 15%
12.5.2021
The government in Budapest has put forward measures aimed at streamlining taxation and reducing the tax burden on businesses and citizens. As part of the package, Hungary plans to cut the tax levied on capital gains from cryptocurrency transactions, expecting to increase budget revenue with...
Hungary plans Bitcoin tax cut as part of economic recovery program
11.5.2021
Lawmakers are reportedly planning to cut taxes on Bitcoin gains in half, possibly as early as 2022
Hyperinflation and Rent Controls – 2020’s Telltale Signs of Economic Distress Haunts Many Nations
24.11.2020
If history serves us well, 2020 is likely a precursor to a long and dreadful economic depression throughout a myriad of countries worldwide. During the last year, economists and analysts have been discussing how specifically the United States economy and the U.S. dollar are losing global dominance...
Russia's central bank says the pandemic has accelerated regulators' interest in CBDCs
6.11.2020
The pandemic-induced crisis is galvanizing new trends across all aspects of the global economy, including digital currencies
Bank of England Joins Key Roundtable on Central Bank Digital Currency Design
18.8.2020
The Bank of England is keeping central bank digital currency research high on its 2020 agenda
As Private Seed Funds Dry Up, European Blockchain Firms Seek Public Backing
31.7.2020
Publicly-backed VC firms are stepping in where private investors retreat, according to a new report on Central and Eastern European tech investments
Cryptocurrency Payment Gateway Gocrypto Onboards 1,000 Locations Worldwide
2.3.2020
On February 28, Gocrypto CEO Dejan Roljic revealed the payment gateway has officially onboarded 1,000 merchant locations during a recent company update that expanded upon the firm’s growth. Roljic also explained Gocrypto now has several locations in five countries and the company recently...
Uphold App Now Lets Users Easily Trade Directly Between Over 60 Cryptos, Fiat Currencies and Metals
29.1.2020
The new Uphold mobile app features an ‘Anything to Anything’ interface, which lets users easily trade directly between more than 60 assets. This means that Uphold users in the UK for example, can now directly buy bitcoin cash (BCH) with their local GBP fiat without having to use...
Another Research Paper Finds Flaws With the Lightning Network
26.11.2019
On November 21, researchers from Hungary and Institute for Computer Science and Control published a critical examination of the Lightning Network, the protocol intended to amend BTC’s scalability issues. The researchers’ simulation findings indicate the Lightning Network...
Microsoft Settles Bribery Charges in Hungary with $25 Million Fine to Federal Government
23.7.2019
When it comes to some of the biggest companies in the world and their quest to expand into new markets, then there is always a possibility of resorting to unfair means. It can especially crop up if a country is trying to expand into new countries and having very little idea about the ways...