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Central Bank of Brazil Chooses Nine Institutions to Study Digital Real Possibilities
5.3.2022
The Central Bank of Brazil and Fenasbac, the National Federation of Associations of Central Bank Servers, decided to select nine projects to monitor and support their different proposals for the application of a hypothetical Brazilian central bank digital currency (CBDC), the digital real. Projects...
The Republic of the Marshall Islands Allows Registration of DAOs as Legal Entities
17.2.2022
The Republic of the Marshall Islands has announced it will allow decentralized autonomous organizations (DAOs) to become legal entities. At the time of writing, only one DAO has successfully incorporated in the country. DAOs Will Be Allowed to Register as Legal Entities The Republic of the Marshall...
Spanish Civil Guard Busts Organization Dedicated to Laundering Money With Crypto
16.2.2022
The Spanish Civil Guard has broken up a group that used cryptocurrencies as a tool to launder money. The organization, that operated in Madrid, supposedly lent these services to other criminal organizations. The MAUNA operations, as they were called by the Spanish Civil Guard, discovered phantom...
Ukrainian Volunteer Groups Accept Bitcoin Donations Amid Tensions With Russia, Study Finds
10.2.2022
Non-government and volunteer organizations collecting funds to support Ukrainian forces have been accepting donations in cryptocurrency, a new report has unveiled. The findings have been published amid heightened tensions with Russia, which has been accused of amassing troops at the border with...
Report: IGDA Failed To Act On Internal Harassment Claims
9.2.2022
The International Game Developers Association has been an outspoken critic of the culture at companies like Ubisoft and Activision Blizzard that has led to so many lawsuits, departures and firings over the last few years. Yet a report today by GI.Biz says that the group has failed to act on its...
Decentralized autonomous organizations: Tax considerations
6.2.2022
Much has been said about the legal implications of DAOs, but little attention has been paid to the tax and reporting considerations for DAOs and their token holders
Manchester United Striker Pulled From FIFA After Rape Allegations
2.2.2022
EA Sports have removed Manchester United and England striker Mason Greenwood from FIFA 22 after his arrest earlier this week on suspicion of rape, sexual assault, assault and “making threats to kill”.Read more
Crypto Ban in Russia Can Have Opposite Effect, Medvedev Warns as Opposition Mounts Against Proposal
30.1.2022
Dmitry Medvedev, former president and prime minister of Russia, has voiced his concerns over Bank of Russia’s initiative to ban most crypto operations. Prohibition could bring the opposite result, the Russian politician warned, joining a chorus of opinions against the restrictive policy....
Shiba Inu Project Reveals ‘Doggy DAO,’ Devs Say Phase 1 to Provide ‘Immediate Power to the SHIB Army’
1.1.2022
During the last half of 2021, decentralized autonomous organizations (DAO) have been popping out of the woodwork in mass numbers, airdropping tokens and creating governance systems for specific projects. Just before the end of the year on December 31, the developers behind the Shiba Inu crypto...
Gas DAO Project Forms to Airdrop Tokens to Ethereum Users That Spent $1,559 in Fees
29.12.2021
A new type of airdrop has been very popular during the last quarter of 2021 as quickly assembled decentralized autonomous organizations (DAOs) have been distributing lots of value to existing crypto users. Just recently, Opendao gave Opensea users an airdrop and many people accrued thousands...
Big Four Accounting Firm Deloitte Forges Partnership With Ava Labs to Leverage Avalanche Blockchain
16.11.2021
On Tuesday, one of the Big Four accounting organizations, Deloitte announced a strategic partnership with Ava Labs, the team behind the blockchain network Avalanche. According to the announcement, Deloitte’s new cloud-based platform leverages Avalanche in order to “improve security...
Federal Security Service of Russia Seeks Powers to Obtain Information From Crypto Platforms
31.10.2021
The Federal Security Service of the Russian Federation has issued a draft order allowing its agents to request information from cryptocurrency platforms among other organizations. The move follows changes made to the anti-corruption legislation in Russia, the agency noted. FSB Wants Access...
Islamic Organization in Indonesia Issues Fatwa Against Cryptocurrency
28.10.2021
A provincial branch of one the largest Islamic organizations in Indonesia has declared cryptocurrency “haram,” or forbidden under religious law. The decision came after a “heated discussion” joined by a crypto expert who was invited to explain in detail the practice...
Sony Patent Lets Viewers Vote and Pay to Boot Players From Games
20.10.2021
In 2020, Sony filed a patent for allowing livestream spectators and participants to remove players from a game. Yesterday, the United States Patent and Trademark Office approved the patent, which you can read in full here. Besides removing unskilled players, the system would allow spectators to...
The Ongoing Effort to Free Ross — Ulbricht’s Clemency Petition Closes in on Half a Million Signatures
16.10.2021
As the end of 2021 nears, Ross Ulbricht remains in prison as he continues to serve his draconian double-life prison sentence for creating a website called the Silk Road. Ever since he was arrested, there’s been an ongoing effort to free Ulbricht, as a great majority of individuals and...
Tehran Stock Exchange Head Resigns Over Mining Rigs Found at Organization’s Office
1.10.2021
The director of Tehran’s Stock Exchange has resigned from his post following the discovery of cryptocurrency mining rigs in his organization’s basement. The scandal has erupted as licensed crypto miners in Iran are reportedly resuming operations amid fears of new restrictions in...
Bank of Russia Lists Crypto Companies Among Financial Pyramids
24.9.2021
The Central Bank of Russia has recently expanded its database of financial market players suspected of illicit activities. Several crypto companies have been added to the list along with entities bearing signs of Ponzi schemes, as well as illegal credit organizations and forex dealers. Central Bank...
Satoshi Honored In Budapest With New Statue & 'Secret' Inside
17.9.2021
hi’s face. The statue also has a 'secret' hidden inside of it:The sculpture was financed by four Hungarian cryptocurrency-focused organizations, AFP
PrimeDAO raises $2M to build cooperative platform for DAOs
15.9.2021
PrimeDAO has raised $2 million from DeFi funds that share its vision for a collaborative platform enabling cooperation between decentralized autonomous organizations
Helping Afghanistan: Organizations currently accepting crypto donations
20.8.2021
Basic needs for refugees, medical care on the ground, and visa assistance — some crypto users are sending tokens to nonprofits and others to help the Afghan people