Auto Added by WPeMatico

Key EU Parliament Committee Approves MiCA Deal to Regulate Crypto

European Parliament’s economic committee has backed the adoption of the comprehensive Markets in Crypto Assets (MiCA) regulation. It has also supported the introduction of rules for tracing cryptocurrency transfers, part…

Continue ReadingKey EU Parliament Committee Approves MiCA Deal to Regulate Crypto

Portugal Prepares to Tax Crypto Gains at Rate of 28%, Draft Budget Unveils

Authorities in Portugal intend to impose a levy on gains from short-term crypto investments with the state budget for next year. The document, which still needs the approval of Portuguese…

Continue ReadingPortugal Prepares to Tax Crypto Gains at Rate of 28%, Draft Budget Unveils

Nifty News: IHOP bamboozles crypto users with ‘NFT,’ Logan Paul’s NFT falls to $10 and more

The YouTube star's huge loss on his NFT has been bumped up by a measly bid after he shared how much it had dropped in value since his purchase last…

Continue ReadingNifty News: IHOP bamboozles crypto users with ‘NFT,’ Logan Paul’s NFT falls to $10 and more

Russian Companies Are Using Crypto in Trade Despite Lack of Regulation, Officials Admit

With limited access to global finances, Russian businesses have begun settling in cryptocurrency with their partners abroad. Although these are still small-scale payments, government officials have noted their increase, which…

Continue ReadingRussian Companies Are Using Crypto in Trade Despite Lack of Regulation, Officials Admit

Dapper Labs Suspends NFT Operations for Russian Users Amid New EU Sanctions

Canadian company Dapper Labs has blocked operations with non-fungible tokens (NFTs) for Russian accounts. The move follows a new round of sanctions recently imposed by the EU which prohibit the…

Continue ReadingDapper Labs Suspends NFT Operations for Russian Users Amid New EU Sanctions

Latest EU Sanctions Expected to Stimulate Russia’s Own Crypto Market, Exchanges Maintain Services

The new crypto sanctions imposed by the European Union are likely to spur the development of the country’s digital asset market, according to a Russian lawmaker. Anatoly Aksakov, who chairs…

Continue ReadingLatest EU Sanctions Expected to Stimulate Russia’s Own Crypto Market, Exchanges Maintain Services