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Indian Crypto Industry Seeks Tax Clarity in Union Budget 2022-23
10.1.2022
An Indian industry association has written to the country’s finance minister seeking clarity on cryptocurrency taxation in Union Budget 2022-23. “The budget should ideally offer coherent rules on direct taxation and the GST Council should detail the applicability of taxation, else...
Europe’s Securities Watchdog Seeks Feedback on Regulations Ahead of DLT Pilot
6.1.2022
ESMA, the European Securities and Markets Authority, has set out to establish if EU authorities need to amend existing regulations in order to facilitate the trading and settlement of tokenized securities. The regulator is now seeking opinions on the matter ahead of launching a pilot regime...
Fei-Rari Union Approved, Marking One the Largest DAO Mergers in DeFi History
22.12.2021
A vote to merge Rari Capital, an open interest rate protocol that allows the creation of permissionless lending pools, and Fei Protocol, issuer on the native algorithmic stablecoin FEI, was approved on Tuesday at Ethereum (ETH) block height 13850929.
Looking at the total value locked (TVL)...
Indie Studio Forms First Video Game Union In The Country
15.12.2021
Developers at Vodeo Games, the indie studio behind this year’s excellent turn-based pinball RPG Beast Breaker, revealed over at Polygon today that they’ve unionized. Management at the studio is voluntarily recognizing the newly formed group, called Vodeo Workers Unite, making it the first of...
Kenya Based Fintech Kwara Raises $4 Million in Seed Round
13.12.2021
A Kenya based fintech, Kwara has raised $4 million in a seed round that was led by Breega VC firm. The funds will be used to create an app that allows members of credit unions to access financial services. The Rising Demand for Financial Services by Credit Union Members Kwara, a Kenyan fintech that...
Point of no return? Crypto investment products could be key to mass adoption
10.12.2021
Cryptocurrency investment products could be a missing piece of the puzzle towards mass adoption, and are now becoming increasingly more common
Eastern Caribbean CBDC expands to another two territories
9.12.2021
Two more Eastern Caribbean nations have begun using the DCash system, which allows payments and transfers of the digital EC dollar CBDC
Nasdaq Stockholm lists Bitcoin and Ether exchange-traded notes
7.12.2021
The number of crypto-based exchange-traded products in Europe continues to expand as 2022 draws nearer
Australian Video Games Industry Is Getting Its Own Union
7.12.2021
Game Workers Unite Australia, a body that had previously been an advisory and support organisation, announced today that early next year it will be transitioning to becoming a full-blown union.Read more
New German government cites crypto in coalition agreement
26.11.2021
The new German coalition is aiming to make the “European financial market supervisory law” fit for crypto-assets and businesses
European Council approves two digital asset proposals
25.11.2021
A framework for digital assets in Europe is moving ahead in the labyrinth of the European Union
Council of European Union Advances Talks On MiCA, DORA Regulations
25.11.2021
The Council of the European Union has adopted a position on two proposals - the Regulation on Markets in Crypto Assets (MiCA) and the Digital Operational Resilience Act (DORA) - that are part of the European Union’s much-discussed digital finance package. Owing to this, the Council doted itself...
Finnish regulators tighten the screw on virtual currency marketing
25.11.2021
The Finnish Financial Supervisory Authority published stricter rulings regarding crypto marketing
Eurosystem Approves New Oversight Framework Concerning Crypto Services
23.11.2021
The monetary authority of the euro area, the Eurosystem, has introduced a new framework for overseeing electronic payments, including services related to crypto assets. The new set of rules will complement upcoming EU regulations for cryptocurrencies and stablecoins. ECB Aims for Secure...
Norway Mulls Backing Sweden’s Call for Euro Ban on Crypto Mining
19.11.2021
The government in Norway is considering ways to limit the environmental impact of cryptocurrency mining and may support Swedish proposals to that end, including a European ban on proof-of-work mining. The European Commission has revealed it is already working to promote a transition to “more...
Why Everyone Is Talking About Twitch Star Hasan Piker's New Merch Line
10.11.2021
Popular socialist streamer Hasan Piker did a cool thing earlier this week: he launched a new line of merch aimed at supporting workers. In addition to the clothes being made by union shops, some of the profits are also going to strike funds to help pro-labor causes across the country. The store...
Swedish Regulators Call for EU Ban on Crypto Mining, Power Company Defends Industry
10.11.2021
Alarmed by the rising energy needs of cryptocurrency mining, Sweden’s financial and environmental regulators have recently proposed an EU-wide ban on proof-of-work coin minting. The Swedish officials believe this would encourage a move towards a more energy-efficient extraction of bitcoin...
Slovenia Launches Public Consultations on Crypto Taxation Law
28.10.2021
Authorities in Slovenia have prepared new legislation tailored to determine how crypto holdings and transactions are taxed in the country. The proposal, aimed at clarifying the matter, has been submitted for public consultations this week, local media reports revealed. Slovenia to Amend Tax Rules...
‘An Act of War Against the Middle-Class’ — Americans Criticize Janet Yellen’s Idea to Tax ‘Unrealized Capital Gains’
25.10.2021
The 78th United States secretary of the treasury Janet Yellen told CNN’s “State of the Union” on Sunday that U.S. lawmakers are considering taxing unrealized capital gains. According to Yellen, the funds collected would help finance things related to climate and social change....
BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals
25.10.2021
As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY Mellon launched its digital asset business in Ireland this year to provide custodian services to institutional...