Business

Waiting on the executive order: how users and financial professionals may benefit from it

United States President Joe Biden’s Executive Order on Ensuring Responsible Development of Digital Assets was widely praised for acknowledging cryptocurrency and blockchain technology’s place in

Business

With inflation going through the roof, Sudan’s central bank cautions citizens against using crypto

The Central Bank of Sudan (CBOS) cautioned the country’s citizens against dealing with “all types of cryptocurrencies” due to “the high risks” that they pose.

Business

Crypto donation startup launches IRS form as US tax season loom

Engiven, an enterprise cryptocurrency donation platform, is working to simplify tax reporting for cryptocurrency donors and nonprofits by launching a tax form and appraisal service

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Vietnamese deputy PM calls for building legal framework for digital assets

Le Minh Khai, the deputy prime minister of Vietnam, has issued a notification to the Finance Ministry, asking them to explore and amend laws to

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Huobi Tech to launch crypto tracking ETF in Hong Kong for retail traders

Huobi Tech, a public listed fund manager in Hong Kong, plans to launch a cryptocurrency tracking exchange-traded fund (ETF) for retail investors. The Hong Kong

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Canadian PM candidate supports freedom to use Bitcoin as money

The Canadian Conservative Party candidate for Prime Minister, Pierre Poilievre, has come out in support of allowing Canadians to use Bitcoin (BTC) as legal money

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Senate Finance Committee Chair probes “lack of safeguards” in crypto tax incentives

Democratic Senator Ron Wyden is digging into the activities of crypto companies that take advantage of tax breaks provided by the Opportunity Zone program. Senator

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Crypto tax rules will reduce US budget deficit by $11B over ten years — White House

The United States government’s budget for the 2023 fiscal year included roughly $11 billion in revenue over the next decade from modernizing rules around digital

Business

From taxes to electricity, blockchain adoption is growing in Austria

Austria has been actively transforming into an attractive location for providers of blockchain-based products, with the government itself experimenting with the technology and trying to

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Russian government official calls to legalize mining ‘as soon as possible’

Russian Deputy Minister of Energy Evgeny Grabchak proposed eliminating the legal vacuum around crypto mining in the country and introducing clear regulation. This statement continues