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Meta-Led Diem Reportedly Aims to Sell Assets to Pay Back Investors


  The Diem Association (formerly known as Libra Association), the Meta-led project that once aimed to create a stablecoin accessible to everyone in the world, is reportedly attempting to sell its assets as a way to return capital to its investors.... Read More: Meta-Led Diem Reportedly Aims...

Report: Google Launches Blockchain Division


The software behemoth Google has reportedly started a new blockchain-based division inside its Labs group. The division will also deal with other distributed computing and data storage technologies. While the company has been wary of associating with any form of cryptocurrency, Bill Ready...

Myanmar Military Government Proposes to Jail Digital Currency and VPN Users


Myanmar’s military-ruled government is proposing to enact laws that will see users of virtual private networks (VPN) and digital currencies being jailed for up to three years. In addition, offenders will be made to pay fines of up to $2,800. Draft Bill Open for Comments Myanmar’s...

Venezuelan Vice Minister Tells Investors to Pay in Crypto to Dodge Sanctions


  A Venezuelan minister has been singing the praises of crypto – and suggesting that the government, which amassed a large bitcoin (BTC) and ethereum (ETH) “stash,” plans to attract international and domestic investors by convincing them to use cryptoassets.... Read More: Venezuelan Vice Minister...

US Federal Trade Commission Warns Consumers About Falling for Crypto ATM Scam


The U.S. Federal Trade Commission (FTC) has warned consumers about scams involving cryptocurrency ATMs. “There’s a new spin on scammers asking people to pay with cryptocurrency,” the FTC described. FTC’s Warning About Scams Involving Cryptocurrency ATMs The U.S. Federal...

Direct Fiat On-Ramps Come to Algorand (ALGO) via Alchemy Pay (ACH)


PRESS RELEASE. Singapore, 10 January, 2022: Algorand (ALGO), the layer-1 blockchain for decentralized and traditional finance, has added direct fiat payment channels into their network, thanks to a new integration with Alchemy Pay (ACH). Alchemy Pay, is a payment solutions provider that connects...

Crypto Investors in Thailand to Pay 15% Capital Gains Tax, Report Unveils


Crypto-related profits, such as those resulting from the trading of digital currencies, will be taxed at a rate of 15%, a finance ministry official has revealed to the local press in Thailand. After last year’s significant market growth, the department intends to improve surveillance...

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