Robert Kiyosaki’s Tax on FTX Fiasco Robert Kiyosaki, who authored an award-winning book called ‘Rich Dad Poor Dad’, shared his viewpoint on Bitcoin, FTX, and FTX’s CEO. Currently, FTX is undergoing the process of bankruptcy while the crypto exchange’s CEO, Sam Bankman-Fried (SBF) has resigned from the position of CEO. Rich Dad Poor Dad was … Read more
A variety of benefits, that CBDCs have the potential to offer, were explained in detail by Netherlands Queen, Her Majesty Maxima. Her Majesty believes that for offering support to minimum income earners, the digital euro could be immensely beneficial. Digital Euro would further help them in exploring other financial services with which they are not … Read more
According to European officials, the European Commission is gearing up to discuss the adoption of a common tax regime with its member states that will apply to crypto assets. The national treasuries will participate in the talks that are expected to begin in the next year and their aim is to put an end to … Read more
Digital Asset Group’s Bitcoin mining company Foundry Digital has announced a Bitcoin mining education drive initiative. The training program has been launched to educate and train Bitcoin miners further so that top-class technicians in Bitcoin mining can be produced with the help of the initiative. The initiative will commence the education program on 7th November … Read more
A fresh legal framework has been proposed by Russian lawmakers which aim at legalizing all sorts of cryptocurrencies in the country. The proposed law also suggests that though crypto can be mined in the country. However, their circulation will be made across the border and also within specific regimes for experimental purposes. Russian Parliament Drafts … Read more
One of the largest digital currency asset managers in the world, Grayscale Investments has shared the results of a survey it recently carried out. National Survey Grayscale Investments announced that it recently carried out a national survey that has provided assurance to the cryptocurrency community. According to the latest national survey, the Republicans and the … Read more
Pick n Pay, a major grocery retail giant in South Africa has recently made an announcement for the customers. The retail giant has announced that it now accepts cryptocurrencies from customers. Pick n Pay Accepts Bitcoin Pick n Pay announced on November 1 that it is now accepting cryptocurrencies from customers for in-store purchases. The … Read more
If it was reported in 2021 that the number of cryptocurrency ATMs has been rising around the world, it would be considered quite normal. However, it comes as a huge surprise if the same claim is made in 2022. This is because, in the year 2021, the cryptocurrency industry was growing enormously big. Almost every … Read more
Following the unceremonious resignation Liz Truss, siting prime minister of the UK, the Conservative Party was quick to find a replacement for her. And the newest candidate for the current seat is none other than Rishi Sunak. Sunak is especially popular for his contributions as the Finance minister under Boris Johnson. During his tenure, Sunak … Read more
Despite the crypto market going through one of its worst patches in a decade, this has not stopped a lot of the growth that the market continues to see. Many companies continue to work with various traditional markets and MasterCard could soon be offering a range of crypto debit cards. So other than the overall … Read more
The government of Japan has made an announcement sharing its concerns over the constantly rising money-laundering activities on its soil. The government as well as the regulatory authorities are highly concerned as money-laundering activities are on the rise in the country. Therefore, they have decided to put a stop to such illicit activities and are … Read more
It was a tremendous relief for the team behind the implementation of Ethereum Merge. Finally, after a long time, the implementation of the Merge has been put in place, which went flawlessly. The overall process of the implementation of Merge involved multiple processes and tests. Finally, after all necessary checks and testing were executed, the … Read more
Ripio, a cryptocurrency firm based in Argentina has recently announced the launch of a new Visa card. The firm has announced it has launched a Visa card for users based in Brazil. Using the Visa card, the users will be able to make payments using cryptocurrencies. Ripio Launches a Crypto Visa Card The latest update … Read more
On Tuesday, Singapore’s deputy prime minister, Heng Swee Keat, told newsmen that the country is launching “project guardian.” The project will involve the launch of DeFi use cases. It would also seek to tokenize financial assets. Under this initiative, Singapore’s monetary authority (MAS) will partner with leading financial institutions and virtual asset providers. There will … Read more
With crypto adoption growing globally across all sectors, most top firms don’t want to be left out of the trend. Many of them are starting to include digital assets in their operations. MoneyGram International is the latest company to start offering crypto-related services. According to a Bloomberg report, the money transfer service firm is now … Read more
Vocal BTC advocate and Miami Mayor, Francis Suarez, has disclosed that he is still receiving his salary in the leading digital asset. But he clarified that he has other income sources with which he receives his payments in fiat. BTC Crash Isn’t Stopping Suarez From Receiving His Salary In Bitcoin The crypto market is still … Read more
Through his Web3 firm (FZE), Calvin Cheng will invest in projects that enable the integration of fashion, media, and entertainment into crypto. Dubai virtual asset regulatory authority (VARA) approved a provisional VASP license for Cheng’s FZE. VARA is the first regulator for digital assets globally. VARA is key to Dubai’s move towards accomplishing an economy … Read more
Various media outlets report that Meta has applied for five trademarks under the brand name “Meta pay.” According to the filing, Meta pay is an online social investment network that allows users to seamlessly complete their crypto and blockchain-related transactions. Platforms can also validate their authenticity and identity (where necessary) using the platform’s tools. Popular … Read more
The Bolivar is gradually being strengthened following the government’s imposition of a 3% tax on crypto transactions. Having faced various economic crises five years ago, the Venezuelan president authorized the de-facto dollarization to escape the nation’s economic woes. However, the country is seeking to make a u-turn to de-dollarize its economy and make the nation’s … Read more
America’s Labor department has stated that it is hugely worried that Fidelity Investments is offering a retirement portfolio that includes crypto, especially BTC. A few days ago, Fidelity announced that its customers could have BTC in their retirement portfolio. The Concerns Of The Labor Department A top-level executive of the employee benefits security administration (EBSA) … Read more
