The Japan Blockchain Association (JBA), on July 27, formally submitted a petition to the authorities asking them to review and slash the taxes on crypto assets. According to the JBA, led by Yuzo Kano of bitFlyer Inc., the taxation system for crypto-assets is one of the “biggest barrier” for companies to run Web3-related businesses and […]

DeFi protocol Kannagi Finance launched only a month ago, promising high yields for stablecoin deposits and lending. As such, the project gained a lot of hype in the zkSync community for bringing popular decentralized finance (DeFi) features to the Ethereum Layer 2 network scaling solution.  Before its launch, Kannagi Finance claimed to be different from […]

Bitdeer, a Bitcoin mining company headquartered in Singapore, has launched a closed-end fund to invest in the Bitcoin mining industry in Bhutan. This represents a part of the firm’s efforts to expand its mining operations in the South Asian country.  Bitdeer Targets $80 Million In Project’s First Phase Bitdeer, headed by Chinese billionaire Jihan Wu, […]

According to a report by Crystal Blockchain, war-torn Ukraine has received over $225 million worth of crypto from supporters as the country continues its fight against Russia.   Ukraine’s Crypto Sponsors Part of Ukraine’s donations have come from prominent companies and figures in the crypto industry. The world’s largest crypto exchange by trading volume, Binance contributed […]

A group of Wall Street lenders, the Bank Policy Institute (BPI), has thrown its support behind U.S. Senator Elizabeth Warren on her recently reintroduced legislation known as the Digital Asset Anti-Money Laundering Act. In recent days, the U.S. Congress has occupied the headlines with the introduction of several bills aimed at regulating the U.S. crypto […]

A group of Wall Street lenders, the Bank Policy Institute (BPI), has thrown its support behind U.S. Senator Elizabeth Warren on her recently reintroduced legislation known as the Digital Asset Anti-Money Laundering Act. In recent days, the U.S. Congress has occupied the headlines with the introduction of several bills aimed at regulating the U.S. crypto […]

Gary Gensler, the chairman of the US Securities and Exchange Commission, continues to express deep concerns about the cryptocurrency sector and its lack of regulatory oversight. In an interview, Gensler once again criticized cryptocurrencies’ decentralized nature, making it a headache of sorts for the SEC to enforce regulations and protect investors effectively. Gensler’s primary message […]

As crypto-assets continue to rise in global relevance, the focus on effective regulatory frameworks becomes increasingly important. In a bold development, India’s Supreme Court is taking an active role in seeking solutions in this sphere. The apex court has expressed concerns about the current lack of regulatory clarity, urging the Union Government to act more […]

As the relationship between platform guidelines and emerging technologies, particularly blockchain, continues to become a topic of scrutiny, two U.S. lawmakers – Representatives Gus Bilirakis (R-FL) and Jan Schakowsky (D-IL) – have recently vocalized concerns regarding these potential clashes in the field of distributed ledger technology and nonfungible tokens (NFTs). The primary point of contention […]

Worldcoin, the brainchild of ChatGPT founder Sam Altman, is being examined by European regulators because of concerns about the legality of its biometric data collection tactics. The French privacy authority, CNIL, has expressed worries about the project, claiming that gathering and storing biometric data is questionable. Furthermore, CNIL is not comfortable about the conditions under […]

In a move to address growing concerns over money laundering and terrorist financing associated with cryptocurrencies, the Presidency of Peru has issued a new decree. The decree mandates that all cryptocurrency exchanges operating within the country must comply with anti-money laundering (AML) regulations. This development marks a significant step in the Peruvian government’s efforts to […]

With the crypto market currently experiencing a bear trend, it has presented a good opportunity for investors to get into digital assets at a low price. However, not all coins offer the same level of opportunity, especially given their recent performance. So here are three mid-cap tokens that have the potential to provide the most […]