Year’s biggest rally pushes crypto market cap above $2 trillion
After a poor start to the year, the market needed some good news. Industry watchers urge caution.
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Russian lawmaker suggests minimum 15% tax for crypto miners
A prominent Russian lawmaker has proposed a personal income tax rate of at least 15% for crypto miners, according to local media reports, as the country continues to debate regulations for the industry. Fast facts Vladimir Gutenev, who chairs an industry committee at the Duma, parliament’s lower house, said at a Friday briefing that mining…
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Crypto donations rise by 1,558% on The Giving Block in 2021
Charitable donations on crypto philanthropy platform The Giving Block rose by 1,558% in 2021, the company announced in its annual report. Fast facts The Giving Block’s crypto donation volume increased in each quarter of 2021 and surpassed US$69 million in total donations, with an average of US$10,455 worth of crypto per donation. As cryptocurrency is…
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Will blockchain’s future be cross-chain or multi-chain?
Vitalik Buterin caused an uproar over his recent criticisms of blockchain bridges. Here is a rebuttal in support of this nascent technology.
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Indian crypto tax ends fears of ban as investors brace for impact
Top blockchain and crypto news: New Delhi’s crypto give and take. Malice in Wonderland? Hong Kong’s selective spot ETF rules.
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Crypto adoption may rise as industry self-regulates
Crypto regulations are lagging the market’s needs, and the industry should help create order to gain greater public trust, writes Imgesu Cetin of Defy Trends.
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Non-US XRP investors petition for congressional investigation of SEC
Lawyer for 63,000 XRP investors invites non-US investors to demand a congressional investigation of the SEC for impropriety.
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Are crypto e-red packets a thing for the Lunar New Year?
Digital payments are commonplace in Asia, but gifting crypto as lucky money remains niche.
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Why governments have powerful incentives to develop digital currencies
CBDCs can increase financial inclusion and prevent crime, according to blockchain expert Tiana Laurence. What’s not to like about state-backed digital money?
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Regulatory uncertainty has not slowed down India’s crypto sector
With new products and services being launched and international exchanges setting up camp, crypto startups thrive despite the shadow of a crypto ban.