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Uzbekistan Introduces Monthly Fees for Cryptocurrency Companies


Crypto firms in Uzbekistan will have to pay fees to the state under new legislation proposed by regulators. The charges vary depending on the business activity and can reach $11,000 a month in the case of digital asset exchanges. Failure to pay will result in license suspension. Crypto Operators...

Developer Activity on Bitcoin and Ethereum Plummeted in 2022


Blockchain developers have slowed down their contributions to top crypto projects amid the lingering market downturn, with Bitcoin and Ethereum experiencing a decline of over 30% in developer activity over the past three months. ... Read More: Developer Activity on Bitcoin and Ethereum Plummeted...

President of Paraguay Mario Abdo Vetoes Cryptocurrency Bill


The President of Paraguay, Mario Abdo has issued an executive veto on a recently approved cryptocurrency bill. Abdo’s veto decree states cryptocurrency mining is an “energy-intensive” and a low-value-added activity. The bill will now be returned to Congress to be approved again...

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