Brazil’s oldest bank allows residents to pay their taxes using crypto
A major Brazilian bank is offering a new and convenient option for taxpayers to settle their dues using cryptocurrencies.According to a statement published by Brazilian...
El Salvador’s ‘limited’ use of Bitcoin prevents forecasted risks, says IMF
El Salvador has been advised by the global monetary watchdog to exercise caution in expanding government exposure to Bitcoin (BTC) due to the “speculative nature”...
Kazakhstan to mandate 75% revenue sale from crypto mining for tax purposes
Kazakhstan, one of the biggest Bitcoin (BTC) mining hubs in the world, announced plans to introduce new crypto regulations aimed at reducing tax fraud and...
FTX liquidators report exchange held $2.4M ‘fleet of vehicles’ in the Bahamas
The joint provisional liquidators of FTX Digital Markets — the firm’s subsidiary in the Bahamas — has released a report on the company’s physical assets...
Fed governor Waller says crypto ecosystem has distinct parts with varying potential
The parts that make up the cryptocurrency ecosystem are not all equal, United States Federal Reserve Board governor Christopher Waller told a conference audience on...
Staking ban is another nail in crypto’s coffin — that’s a good thing
Rumors of an impending crypto ban came to fruition on Feb. 9 with the Securities and Exchange Commission’s enforcement action against Kraken, which resulted in...
US lawmakers question SEC chair on timing of Sam Bankman-Fried’s arrest
Two members of the United States House Financial Services Committee are calling on Securities and Exchange Commission chair Gary Gensler “regarding the timing of the...
Kraken move should put crypto industry ‘on notice,’ says Gary Gensler
Gary Gensler says the agency’s action against crypto exchange Kraken yesterday should put people “on notice. He added that crypto companies should take note and...
SEC chair issues warning to crypto firms after action on Kraken staking
United States Securities and Exchange Commission chair Gary Gensler issued a warning to crypto companies to “come in and follow the law” after the agency...
Venom Blockchain partners with DAO Maker to incubate web3 startups
Venom Blockchain and DAO Maker want to incubate web3 startups focused on real-world use cases. DAO Maker CEO Christoph Zaknun has been named an advisor...