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SEC Charges Socialite Kim Kardashian for Unlawfully Touting Ethereummax


On Monday, the U.S. Securities and Exchange Commission (SEC) filed charges against the celebrity and socialite Kim Kardashian for unlawfully promoting the crypto asset Ethereummax. The U.S. regulator detailed that Kardashian agreed to settle the charges and pay $1.26 million in penalties, and plans...

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...

US Court Authorizes IRS to Issue Summons for Crypto Investors’ Records


The Internal Revenue Service (IRS) has obtained a “court order authorizing summons for records relating to U.S. taxpayers who failed to report and pay taxes on cryptocurrency transactions.” The IRS commissioner commented: “The government’s ability to obtain third-party...

Top 5 Coins that Pay Crypto Dividends


In the traditional sense, a dividend is a distribution of profits from a company's stock or debt to its shareholders. Now, you may wonder, can cryptocurrencies then pay dividends? Surprisingly, the same concept also exists in the global crypto asset markets.   Read on to learn more about crypto...

Ukrainian Supermarket Chain to Accept Cryptocurrencies Through Binance Pay


Varus, a retailer with over 100 supermarket stores across Ukraine, has partnered with the world’s leading digital asset exchange, Binance, to launch cryptocurrency payments. Customers will now be able to order groceries online and cover the bill through a Binance Pay wallet. Ukrainians...

Dubai Luxury Hotel Palazzo Versace Allows Guests to Pay in Crypto


Guests staying at Palazzo Versace Dubai have, since September 7, had an option to settle payment for services rendered via cryptocurrency. The hotel also plans to add the crypto payment option to its e-commerce platforms to enable guests to pay for gift vouchers using digital currencies....

LG to Launch Crypto Wallet Wallypto Later This Year


LG, the South Korean electronics giant, is currently developing a cryptocurrency wallet app that will be launched later this year. The wallet, called Wallypto, will be part of a new business phase for the company, which recently abandoned its mobile hardware business and pivoted to software...

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