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Report: Kenyan Lawmaker Proposes Introducing Crypto Income and Capital Gains Tax

23.11.2022
According to a capital markets amendment bill reportedly sponsored by Kenyan lawmaker Abraham Kirwa, cryptocurrency holders in the country will be obliged to pay taxes on gains. In addition, the bill (if passed into law) would require crypto holders to furnish Kenya’s Capital Markets...

FTX ordered to pay reimbursement fees to Bahamian regulators

22.11.2022
The Bahamian Securities regulator was ordered to offer custody for digital assets belonging to bankrupt crypto exchange FTX on Nov. 12

FTX Must Pay Expenses Incurred by Bahamas Regulator for Holding the Exchange's Digital Assets

22.11.2022
The Bahamas Supreme Court ruled that FTX is responsible for all costs associated with the Securities Commission in keeping FTM assets in commission's digital wallet; Bloomberg reports that a Bahamas court has agreed to let part of FTX case be handled in U.S

News Summary: Bitvo Backs Off FTX Acquisition Deal, Trust Wallet Integrates with Binance Pay, New Ethereum Climate Platform

17.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: News Summary: Bitvo Backs Off FTX Acquisition Deal, Trust Wallet Integrates with Binance Pay, New Ethereum Climate Platform

Crypto Users Want to Pay Taxes, but We Need Clearer Rules

17.11.2022
The need for comprehensive crypto tax reform will only become clearer as people start interacting with blockchains – and incurring capital gains taxes – without realizing

Trust Wallet launches browser extension, integrates with Binance Pay

17.11.2022
The new browser extension lets users store, send and receive crypto across all EVM chains and Solana

Amazon's MMO Forces Players To Pay Higher Tax Rate Than Jeff Bezos IRL

16.11.2022
Last week, New World’s patch notes indicated that taxes on Trade Post transactions would increase from 2.5 percent to a whopping 5 percent. What’s funny about this situation is that the MMO is published by Amazon Games, which is owned by Jeff Bezos. Last year, ProPublica reported that Jeff Bezos...

Crypto stablecoin issuer Circle adds Apple Pay support

16.11.2022
The stablecoin issuer said Apple Pay support allows traditional businesses to experience the benefits of crypto settlement while allowing crypto businesses to engage with non-crypto-using customers

After Bankruptcy, FTX User Claims Pay Cents on the Dollar

16.11.2022
Crypto exchange FTX filed for bankruptcy Friday, leaving users’ funds stuck on the platform

USDC Stablecoin Issuer Circle Says Businesses Can Accept Apple Pay

15.11.2022
The addition will help crypto businesses by making it easier to take payments, the company said

Fiat-to-Crypto Company Ramp Raises $70 Million to Solve the Crypto Onboarding Problem

14.11.2022
Ramp, a fiat-to-crypto company, has announced it has raised $70 million as part of its Series B funding round. The round was co-led by Mubadala Capital and Korelya Capital, with Balderton Capital and Cogito Capital participation. The company explained that these funds would allow it to improve...

Troubled Crypto Exchange FTX Files for Chapter 11 Bankruptcy Protection, CEO Steps Down

11.11.2022
The embattled crypto exchange FTX has informed the public that the FTX parent firm West Realm Shires Services, Alameda Research, and approximately 130 additional affiliated companies have filed for Chapter 11 bankruptcy protection in Delaware. FTX’s Parent Company, Alameda Research, and...

Alchemy Pay Brings OnRamp and NFT Checkout to London Token2049

11.11.2022
PRESS RELEASE. Fiat-crypto payment provider, Alchemy Pay, is bringing its mainstream-friendly services to Europe’s foremost crypto conference – London Token2049. The Singapore-based company has taken its payment network infrastructure and pivoted to direct-to-customer (D2C) services, with...

Manga Creator Demands Elon Musk Pay Him One Billion Dollars For Posting Cringe Meme

10.11.2022
In between attempting to post through being tarred and feathered for transforming Twitter into the world’s silliest pay-to-win, Elon Musk is being asked to pay royalties to a manga artist after posting a popular anime meme. Read more

How to pay your bills with cryptocurrency?

9.11.2022
Users can pay bills with cryptocurrency directly from their crypto wallet or using a payment processor acting as an online crypto payment gateway

Elon Musk Seems To Be Turning Twitter Into The Worst Pay-To-Win Game

7.11.2022
Twitter, the social media site that has spawned one A24 movie and too many meltdowns to quantify, is tumbling into its next circle of hell with soon-to-be-implemented extensive monetization. Read more

South Africa Retailer Pick n Pay Now Accepts Payment in Bitcoin at 39 Outlets

3.11.2022
Pick n Pay, the South African retailer, has revealed that some of its grocery stores are now accepting bitcoin payments. To ensure payments are affordable, Pick n Pay reportedly uses the Bitcoin Lightning Network which is said to be suitable for “high volume, low-value transactions.”...