Auto Added by WPeMatico

Japan’s Election Heats up With Calls for Crypto Tax Cuts and Regulatory Reforms

Yuichiro Tamaki, leader of Japan’s Democratic Party for the People, is advocating for significant cryptocurrency tax reforms ahead of the general election. His party proposes a 20% tax on crypto…

Continue ReadingJapan’s Election Heats up With Calls for Crypto Tax Cuts and Regulatory Reforms

Japanese Entertainment Giant’s Crypto Arm in Partnerships to Support Web3 Economy

Japanese cryptocurrency exchange DMM Crypto has secured Neoclassic Capital, a Florida-based global investment firm, as its lead investor. DMM Crypto also partnered with Presto, a quantitative trading company. The investments…

Continue ReadingJapanese Entertainment Giant’s Crypto Arm in Partnerships to Support Web3 Economy

BRICS Unites 40 Nations at Leaders’ Summit — Russia Pushes for Global Partnerships

Nearly 40 countries will participate in the BRICS Plus/Outreach session, expanding the reach of the 2024 BRICS Summit hosted by Russia. The summit will address cooperation in politics, security, and…

Continue ReadingBRICS Unites 40 Nations at Leaders’ Summit — Russia Pushes for Global Partnerships

How Bitcoin’s Success Could Be Fueling Poverty for Latecomers and Non-Holders, ECB Economists Claim

Bitcoin’s rise is enriching early adopters at the expense of society, according to a paper by European Central Bank (ECB) economists. They argued that bitcoin’s speculative growth leads to wealth…

Continue ReadingHow Bitcoin’s Success Could Be Fueling Poverty for Latecomers and Non-Holders, ECB Economists Claim

Russia Pushes Digital Currency Plan for BRICS — Is This the End of Western Financial Dominance?

Russian President Vladimir Putin has unveiled a plan to introduce digital currencies as a key tool for investment for the BRICS alliance. This proposal aims to boost economic growth in…

Continue ReadingRussia Pushes Digital Currency Plan for BRICS — Is This the End of Western Financial Dominance?