The world has synchronized on Russian crypto sanctions
News

The world has synchronized on Russian crypto sanctions

In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain. According to the United Nations High Commissioner for Refugees, also known as the UN Refugee Agency, nearly 4 million Ukrainians have fled…

Continue Reading

Moxy․io Introduces the ‘Play and Earn’ Concept Ahead of Moxy Club Pre-Launch – Press release Bitcoin News
News

Moxy․io Introduces the ‘Play and Earn’ Concept Ahead of Moxy Club Pre-Launch – Press release Bitcoin News

press release PRESS RELEASE. The Moxy.io team has built a team consisting of several veterans from the video game industry to take gaming to a whole new level by bringing blockchain technology to mainstream games. The team began their adventure in 2021, when a band of blockchain enthusiasts joined up with a group of video gaming industry experts to revitalise…

Continue Reading

Indian Government Consulting With IMF, World Bank on Crypto Policy
News

Indian Government Consulting With IMF, World Bank on Crypto Policy – Regulation Bitcoin News

India’s government is consulting with the International Monetary Fund (IMF), the World Bank, and Indian regulators in order to form the country’s crypto policy. “We have reached out to institutional stakeholders within the country and outside. We are taking inputs from the IMF and the World Bank and incorporating these,” said an official from the Indian ministry of finance. Indian…

Continue Reading

What the media is missing about decentralized autonomous organizations
News

What the media is missing about decentralized autonomous organizations

The New York Times: “Reality Intrudes on a Utopian Crypto Vision.” Bloomberg: “The Next Crypto Bust May Be Spelled D-A-O.” The Guardian: “Are blockchain-based DAOs really a utopian revolution in the making?” Seemingly every week, another old-guard media outlet echoes the talking points of defenders of the status quo financial system who fear and distrust the economic opportunities that will…

Continue Reading

US Senator Cruz Introduces Bill to Prevent Federal Reserve From Using Digital Currency as Surveillance Tool
News

US Senator Cruz Introduces Bill to Prevent Federal Reserve From Using Digital Currency as Surveillance Tool – Regulation Bitcoin News

U.S. Senator Ted Cruz has introduced legislation to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals and competing with the private sector. The senator from Texas warned that not only would this CBDC model centralize financial information, leaving it vulnerable to attack, but it could also be used “as a direct surveillance tool…

Continue Reading

CME Group 'Looking At' Offering Solana, Cardano Futures
News

CME Group ‘Looking At’ Offering Solana, Cardano Futures

Solana (SOL) and Cardano (ADA) might soon have futures contracts available on the Chicago Mercantile Exchange, a CME Group executive said earlier this week. Payal Shah, the director of equity and cryptocurrency products at CME, spoke at CryptoCompare’s Digital Asset Summit in London.  “We’re looking at it,” she said when asked if CME was considering offering futures and other derivative…

Continue Reading

19 Million Bitcoin Have Been Mined Into Circulation, 2 Million Left to Be Found
News

19 Million Bitcoin Have Been Mined Into Circulation, 2 Million Left to Be Found – News Bitcoin News

On April 1, 2022, records show that 19 million bitcoin have been mined into circulation. With the max supply set at 21 million, there’s only two million bitcoins left to be found by mining participants. Satoshi’s Mathematical and Predictable Design — 19 Million Bitcoins Have Been Issued The Bitcoin (BTC) network reached a milestone on Friday, April 1, 2022, after…

Continue Reading

Low Smartphone Penetration Working Against Plan to Launch CBDC – Emerging Markets Bitcoin News
News

Low Smartphone Penetration Working Against Plan to Launch CBDC – Emerging Markets Bitcoin News

According to Patrick Njoroge, the governor of the Kenyan central bank, the significant number of non-smartphones that are in use in Kenya means launching a central bank digital currency (CBDC) now may be premature and could lead to many citizens being financially excluded. Central Bank Mulls Delaying CBDC Rollout The governor of the Central Bank of Kenya (CBK), Patrick Njoroge,…

Continue Reading

AVAX traders anticipate a new ATH even as Avalanche DApp use slows
News

AVAX traders anticipate a new ATH even as Avalanche DApp use slows

Avalanche (AVAX) jumped 43.8% between March 14 and March 31 to a $97.50 daily close, which is the highest level since Jan. 5. This layer-1 scaling solution uses a proof-of-stake model and has amassed $9 billion in total value locked (TVL) deposited on the network’s smart contracts. AVAX token/USD at FTX. Source: TradingView Subnet adoption propels the recent price rally…

Continue Reading

Senator Lummis Defends Owning Bitcoin as a Policymaker
News

Senator Lummis Defends Owning Bitcoin as a Policymaker

In brief Sen. Cynthia Lummis is getting ready to introduce the Responsible Financial Innovation Act, which would impact how crypto is taxed. She told “Meet the Press Reports” that, from a policymaking perspective, owning Bitcoin is no different than owning cattle. Senator Cynthia Lummis (R-WY) is the most vocal Bitcoin proponent in the U.S. government. And the junior senator from…

Continue Reading