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Putin Supports Cryptocurrency Mining, Despite Central Bank Stance


As per 3 people familiar with the matter, President Vladimir Putin supports the Russian government’s proposal to tax as well as govern cryptocurrency mining while dismissing the central bank’s proposition to outright ban it. Putin approved a plan, which would enable extraction to proceed...

RichQUACK to Launch Tokens Supporting an Incubated Project


The latest hyper-deflationary crypto-token, RichQUACK, is supported by a huge community of more than 195,000 followers on Twitter and over 65,000 followers on Telegram. RichQUACK has launched Earthling, its native token, that supports the first-ever incubated project. This platform promotes...

Crypto Swap Platform LetsExchange Grew 100x in Less Than a Year


PRESS RELEASE. LetsExchange.io, an instant cryptocurrency exchange platform, reports the tremendous growth it has achieved since its launch in early 2021. In March 2021, the platform had 6,000 active users from 20 countries. At the time, users could swap 200 digital coins and tokens, accounting...

Reddit Reportedly Testing NFT Profile Pic Functionality


Reddit, one of the largest micro-posting sites on the internet, is reportedly venturing further into the world of non-fungible tokens (NFTs). The company is testing a new functionality that allows users to set NFTs as profile pics, something Twitter is already doing now. Reddit released its...

IRS Special Agent on Crypto: ‘We See Mountains of Fraud in This Area’


A special agent with the Internal Revenue Service (IRS) says the tax agency is “seeing mountains and mountains of fraud” in the cryptocurrency space. The IRS criminal investigation unit is trying to train all of its agents on crypto and non-fungible token (NFT) issues because...

Romania, Latvia Mull Changes To Crypto Regulations, Taxes


  Romania and Latvia are among the latest European countries to launch analytical work on updating their respective regulations for the cryptoasset and blockchain industry. In Romania's case, this could potentially mean increasing national taxes on crypto-related operations and transactions....

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