Tokens are more than an on-trend business move; they are a door into a new set of opportunities for simplified transfers, crowdfunding and loyalty programs. How can users create a token? Creating a token requires deploying a smart contract which is simplified with modern platforms that enable users to fill in details of their proposed…
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The Russian government appears to be preparing the ground for the legalization and regulation of the Bitcoin (BTC) and crypto mining sector – and is already planning what looks like a way for miners to sell their tokens to overseas buyers even after the nation begins policing crypto transactions…. Read More: Russia Plans to…
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Non-government and volunteer organizations collecting funds to support Ukrainian forces have been accepting donations in cryptocurrency, a new report has unveiled. The findings have been published amid heightened tensions with Russia, which has been accused of amassing troops at the border with Ukraine. Ukrainian Organizations Crowdfund Defense Effort With Crypto Ukrainian NGOs and volunteer groups…
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Providing more regulatory clarity is the most important thing that can be done in order to attract crypto innovators to the US, FTX CEO Sam Bankman-Fried told senators. He was speaking during a hearing on digital assets in the US Senate’s Committee on Agriculture…. Read More: Regulatory Clarity Would Bring More Crypto Trading to…
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Days after the United Nations claimed that North Korea had plundered crypto exchanges last year in hacks on targets based in multiple continents, Pyongyang has hit back – accusing the United States of “covertly stealing” funds and specializing in underhand cybercrime…. Read More: N Korea Says It Doesn’t Hack Crypto, Calls the US the…
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Authorities in Moscow expect to collect more than $13 billion as tax payments from the Russian crypto market, according to a government document quoted by media. The estimate comes as Russian institutions are holding discussions on the future of cryptocurrencies in the country. One Trillion Rubles to Enter State Coffers as Crypto Taxes, Russian Analysts…
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The Russian cabinet has reportedly thrashed out an agreement with the Central Bank on the matter of cryptoassets. Widespread media reports from the likes of Kommersant, as well as Cnet claimed that the agreement would see a draft law rolled out by February 18…. Read More: Russian Government Set to Launch Bill that Calls…
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Authorities in Kazakhstan are discussing new regulations for the country’s crypto space that may lead to a serious increase in the tax burden on the mining business. Among the proposed changes is a fivefold hike of the fee miners pay per each kilowatt-hour of utilized electricity. Mining Companies in Kazakhstan Expected to Pay Much More…
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Hong Kong regulators and senior members of the government have spoken about their willingness of introducing new rules to police the crypto sector, with a new set of guidelines already formulated for crypto brokerages. According to RTHK, Hong Kong’s Secretary for Financial Services and the Treasury Christopher Hui Ching-yu noted that the government now…
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US-headquartered banking giant Wells Fargo has three tips for new cryptoasset investors, with a recent report released by the bank’s Investment Institute answering the question that many ask themselves: is it too early or too late to jump on the crypto train? The report’s authors advise new crypto investors to be patient, prudent, and…
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