Marie Fitzgerald
Forty-four nations are expected to meet in El Salvador to discuss issues touching on banking the unbanked and Bitcoin adoption, according to President Nayib Bukele.
President Bukele tweeted:
“32 central banks and 12 financial authorities (44 countries) will meet in El Salvador to discuss financial inclusion, digital economy, banking the...
As the ever-evolving cryptocurrency is gaining global attraction the value of some of the world’s most prevailing digital currencies and non-fungible tokens (NFTs) has increased the curiosity of Chinese locals, even though virtual asset trading is banned in the country.
Thus, the country has witnessed an increase of over...
TRM Labs announced on Monday the appointment of former Associate Deputy Attorney General at the US Department of Justice (DOJ) and the chairman of the task force that authored the 2020 DOJ Cryptocurrency Enforcement Framework as the company’s General Counsel.
Sujit Raman will be responsible for managing the blockchain...
Do Kwon, the CEO of Terraform Labs, believes hard forking the Terra blockchain will play an instrumental role in saving the troubled network.
In a series of tweets, Kwon suggested:
“The Terra chain as it currently exists should be forked into a new chain without algorithmic stablecoins called “Terra” (token...
Bitfarms Ltd, a Canadian Bitcoin mining company, announced its financial results for the first quarter ended March 31, 2022. Bitfarms said on Monday that it has mined 961 Bitcoin (BTC) at an average cost of production of $8,700/BTC during Q1 2022.
The Toronto-based Bitfarms admitted that financial results in...
A crypto analyst and creator of the Stock-2-Flow (S2F) model has a bullish forecast for the world’s largest digital currency.
According to PlanB, it became glaring in the first quarter of this year that the Bitcoin bull run was over and we have now entered a full-blown bear...
Portugal’s government has announced plans to tax crypto income.
Fernando Medina, Portugal's new finance minister, announced in the parliament on Friday that crypto coins will be subject to taxation in the coming future.
Medina stated, "many countries already have systems; many countries are building their models in relation to this...
The Australian Taxation Office (ATO) has highlighted four major problem areas it wants to focus on this taxation season, and digital currencies are prominently featured.
According to the tax watchdog, any Australian resident that “dispose of an asset such as property, shares, or a crypto asset, including non-fungible...
Spotify announced on Monday that it is testing a new feature that will allow artists to promote their non-fungible tokens (NFTs) on their profiles.
The Swedish audio streaming and media services provider said that the new option is only available for a “very small group of artists.” The firm stated that...
The crypto market has indicated some signs of little recovery with major crypto coins trading slightly higher on Monday.
The global cryptocurrency market cap is currently trading slightly higher at $1.31 trillion, an increase of 3% in the last 24 hours, according to CoinMarketCap. The global crypto market cap shrunk...
