Tim Draper Bullish on Bitcoin Due to Its Inflation Hedge Traits
Tim Draper, an early bitcoin investor, has declared he is still optimistic about the value of the first cryptocurrency even with the downturn its price has taken in the last…
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Vietnam Launches Blockchain Association to Conduct Research and Suggest Regulations
A newly established blockchain association aims to help Vietnam promote its digital economy and position the country on the world’s technology map. The organization looks to unite Vietnam’s experts in…
Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations
Cyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a common regulatory framework, a government official has indicated. The authorities…
Panama President Mulls Crypto Bill Approval Due to Money Laundering Concerns
The president of Panama, Laurentino Cortizo, has declared he will not sign the recently approved cryptocurrency bill passed by the National Assembly of the country in its current form. Cortizo…
Trade Minister Expects Russia to Legalize Cryptocurrency
Cryptocurrencies will be eventually legalized, a member of the Russian government has opined. The question is when this will happen, Trade Minister Denis Manturov stated as new crypto-related legislation advanced…
Despite Criminalizing Mining, Abkhazia Uncovers Another Crypto Farm
Even after introducing fines and criminal liability for cryptocurrency mining, Abkhazia continues to find underground facilities for digital currency extraction. This week, law enforcement officials have confiscated dozens of mining…
Crypto Exchange Coinbase Slows Hiring Amid Market Downturn
Leading U.S. crypto exchange Coinbase is slowing hiring, citing the current down cycle in the market as a reason to rethink its staffing strategy. The company’s management believes the move…
Russia’s First Digital Financial Assets Expected This Year, Lawmaker Says
The first digital financial assets based on Russian blockchains may be issued as early as this year, a high-ranking parliamentarian announced. Three platforms are already registered as issuers, said Anatoly…
Why decentralized messaging apps will replace today’s social media platforms
Centralized communication platforms prove to be an easily identifiable weakness in activist movements.
Australian Taxation Office to Focus on Capital Gains From Crypto Assets
The Australian tax agency has listed crypto-related profits among several priority areas where more efforts are needed to ensure correct reporting. The authority has reminded taxpayers they need to calculate…
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