Russian gov’t and central bank agree to treat Bitcoin as currency
Cryptocurrency transactions of more than 600,000 rubles (roughly $8,000) will have to be declared or be considered a criminal act.
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No precedent: IRS court settlement doesn’t clarify crypto staking taxes
There is yet to be a conclusive court ruling regarding the taxation of staked crypto rewards; however, a recent case demonstrates industry progression.
Crypto Economy Recaptures $2 Trillion, Bitcoin Moves Back Into the World’s Top 10 Most Valuable Assets
The crypto economy has jumped back above the $2 trillion mark after falling below that value in mid-January. Statistics indicate that the USD value of all 12,440 coins across 544…
Belarus Moves to Allow Investment Funds to Acquire Crypto Assets
The crypto-friendly nation of Belarus is preparing to permit investment funds to put money into digital currencies. A proposal to do so is part of a package of necessary legal…
Myanmar’s military government considers launching digital currency: Report
Major General Zaw Min Tun said rolling out a digital currency would "help improve financial activities in Myanmar."
Renewed interest in the Metaverse sends Decentraland (MANA) price 75% higher
MANA price booked a 75% bounce off its swing low as interest in the Metaverse is rekindled.
A “unifying Web3 platform” will onboard 1 billion users by 2026, says Harmony COO
Harmony COO Li Jiang is convinced that a bridge connecting all major blockchains is key to building a decentralized internet.
New gold-based stablecoin by trading giant Mitsui reportedly on the way
Mitsui is reportedly planning to launch its gold-pegged stablecoin ahead of DCJPY, another major Japanese stablecoin project.
Bitcoin, Ether and NFTs will ‘never become legal tender’ in India, says Finance Secretary
"You can buy gold, diamond, crypto, but that will have not have the value authorization by government," said T.V. Somanathan.
Central Bank of Jordan reveals CBDC plans
CBJ governor also predicted that cryptocurrency trading might eventually be permitted in Jordan once the appropriate legislation is in place.
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