A Chinese tech worker who refused to be paid in tether (USDT) and insisted on receiving fiat yuan has won his case against his former employers. Per the Workers’ Daily, a branch of the People’s Court in the Chaoyang District of Beijing heard a civil case involving a now-defunct IT company and a former contract…
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The central People’s Bank of China (PBoC) could be set to make use of smart contracts in its digital yuan project – an indication that blockchain technology could well end up playing a larger role than expected in the e-CNY’s future…. Read More: Chinese Central Bank May Apply Smart Contract Technology to Digital Yuan Read…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: NFT Stamps and Use Cases, Crypto Taxation in UK, Frozen USD 85M + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
The Central African Republic (CAR)’s authorities unveiled a new crypto project, dubbed Sango Coin, which President Faustin-Archange Touadéra launched as the country’s national cryptocurrency in an online event, but hopes for a major push for crypto adoption in Africa have been partially replaced by fears that the initiative could actually undermine the continent’s increasing trust…
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Gigi is a Bitcoin educator, author of ’21 Lessons’, and software engineer. __________ It can’t be said often enough: Bitcoin is confusing. However, it’s not complicated like a Rube Goldberg machine is complicated. It’s just very foreign and thus very misunderstood—it is a completely new thing. “There’s nothing to relate it to,” as Satoshi [Nakamoto]…
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Facebook parent company Meta has enabled a group of US creators to show non-fungible tokens (NFTs) on their profiles. Meta has launched digital collectibles support on Facebook with select creators and only in the USA, and has already begun a slow rollout, TechChrunch reported, citing a company spokesperson. The news of the launch was shared…
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A wealthy expat Salvadoran is set to fund a USD 200m solar-powered Bitcoin (BTC) mining facility – and appears to have the backing of the government. Per ElSalvador.com, the website of the newspaper El Diario de Hoy, Milena Mayorga, El Salvador’s Ambassador to the United States, has spoken about the plan, which was masterminded by…
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The authors of a new report claim that Ethereum (ETH) is “ready” for use in the world of business – albeit with “some caveats.” The report was compiled by the Ethereum Enterprise Alliance (EEA) – a business-focused affiliate of the Ethereum Foundation. Its authors claimed that while the “pieces are in place” for “the safe and…
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Solana (SOL)’s new crypto-native phone that will be developed by the little-known smartphone maker Osom is far from the first ‘blockchain phone’ to be announced since crypto and blockchain technology took a giant step into the mainstream around 2017. But what exactly happened to all those other phones, and did the producers deliver on their…
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Russian lawmakers have approved amendments regulating the taxation of transactions with digital assets. The legislation concerns business operations with cryptocurrencies and tokens. In some cases, the burden for Russian companies will be reduced as compared to foreign entities. Russian Duma Passes Law to Tax Crypto Transactions A bill amending the Tax Code of the Russian…
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