A fifth of French workers would like to receive all or part of their salaries in crypto, a survey has found. The survey was conducted by the French payroll software provider Payfit and reported by the French media outlet Cointribune. The survey found that 20% of French respondents were in favor of ditching fiat salaries…
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Japanese token issuers have been exempted from corporate taxes on unrealized cryptocurrency gains. In a recent announcement, the country’s National Tax Agency revealed that it has revised its law to exempt crypto token issuers from 30% corporate taxes on unrealized gains, effective from June 20. The move comes as Japan seeks to boost its blockchain and crypto sectors amid a push…
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NEAR Foundation, a non-profit organization responsible for developing the NEAR protocol, has partnered with Alibaba Cloud to facilitate the growth of Web3 in Asia and the Middle East. As part of the partnership, NEAR Foundation will gain access to Alibaba Cloud’s developer ecosystem across the aforementioned regions, enabling more developers to create projects on the NEAR protocol, the company revealed in a…
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Cryptocurrency trading is an important part of the virtual asset ecosystem, according to Julia Leung Fung-yee, CEO of the Securities and Futures Commission (SFC) of Hong Kong. In a recent speech, Leung said the city-state recognizes the importance of crypto trading, adding that it welcomes the application of related technologies to financial services, including bond tokenization and investment…
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With bitcoin price up more than 15% against the U.S. dollar, people are more bullish about the leading crypto asset’s market performance. Two weeks ago, Bitcoin.com News asked several AI-powered chatbots whether they believe bitcoin will become a reserve currency. This time, we posed a different question to the most popular AI chatbots to determine…
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El Salvador has broken ground on the construction of an airport for its Bitcoin City project. Around a month ago, the YouTuber Albert Sánchez uploaded what he claimed was aerial footage of construction crews working on the site. The airport is to be known as the Pacífico Airport, but will also go by the moniker…
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Crypto exchange Gemini has announced plans to expand into the Asia-Pacific (APAC) region to capture the “next wave of growth for crypto.” The US-based crypto exchange aims to increase its headcount in Singapore and establish an engineering division in India, the platform said in a Monday blog post…. Read More: Gemini Announces Plans for Expansion in Asia-Pacific Amid SEC Lawsuit Read more »Sign…
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The next company chair of Alibaba has backed several crypto projects through his wealth manager and tweeted he “like[s] crypto” in December 2021. Joe Tsai, the soon-to-be former executive vice chair of China-based technology giant Alibaba, will replace Daniel Zhang as company chair. In a June 20 announcement, Alibaba said Zhang would be stepping down…
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Alibaba has revealed its leadership transition plans, with the pro-crypto Joseph Tsai set to replace long-time chief Daniel Zhang as the new Chairman. In a Tuesday press release, the company also said that Eddie Wu, now chairman of Alibaba’s core Taobao and Tmall online commerce divisions, will take over as chief executive of the $240 billion…
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Investment giant BlackRock has filed for a spot bitcoin ETF, a product that is yet to get the green light from the Securities and Exchange Commission. On Thursday, the firm filed an application with the SEC to launch the iShares Bitcoin Trust, which is intended to allow investors to get direct exposure to the flagship cryptocurrency in a secure way. … Read More: Confirmed:…
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