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Biggest Movers: LINK Remains Near 1-Month High, as ADA Extends Bull Run


LINK remained close to a one-month high earlier in today’s session, as crypto markets shook off some of Tuesday’s volatile moves. Although price volatility remained, bulls returned to show force, with ADA continuing to climb higher this week. Chainlink (LINK) LINK was trading around...

Chinese Crypto Regulations Force NFT Gaming App Stepn to Block Mainland Users


China’s anti-crypto regulations have reportedly forced the non-fungible token (NFT) game, Stepn, to exclude users from the mainland starting on July 15. Shortly after the announcement, Stepn’s in-game cryptocurrency is reported to have briefly dropped by 38%. Stepn Adheres to Local...

Thailand Exempts Crypto Transfers From VAT Until End of 2023


Authorities in Thailand have formally introduced a value-added tax (VAT) exemption for transfers of cryptocurrencies through government-approved exchanges. The tax break, in force until the end of next year, will also apply to digital currency issued by the Bank of Thailand. Royal Decrees Enforce...

Aurora Joins Force With Covalent for Access to Trustless Data


On May 24, Aurora released the official statement regarding its integration with Covalent’s indexing protocol. This move will provide developers on the chain with rich blockchain data powered by Covalent’s Unified API. Aurora’s plans for data accessibility will be achieved through...

NFT Taskforce Asks Japanese Government to Consider Appointing Web3 Minister


In a recently released white paper, a Japanese non-fungible token (NFT) taskforce has asked the government to consider appointing a government minister whose job it would be to oversee all matters relating to Web3. Building the Support Structure for Japan’s NFT Sector A Japanese NFT policy...

India’s Crypto Trading Volume Plummets as New Tax Rules Enter Into Force


Crypto trading volumes in India have plummeted following the new tax law entering into force. The new rules impose a 30% flat tax on crypto income and do not allow losses to be offset against gains. New Crypto Tax Rules in Effect The new crypto tax rules entered into force on April 1 after...

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