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Kazakhstan President Signs Law Increasing Tax Burden for Crypto Miners


President of Kazakhstan Kassym-Jomart Tokayev has signed into law a bill amending the country’s Tax Code to impose higher tax rates on crypto miners. The levy will depend on the amount and average price of electricity utilized in the extraction of digital currencies like bitcoin....

Hong Kong to Introduce Licensing for Crypto Platforms Through AML Law


New legislation tailored to regulate the crypto space in Hong Kong aims to implement a licensing regime for crypto service providers. The respective changes to the region’s anti-money laundering (AML) rules have been submitted to its legislature while a recently published report examines...

Russia’s Finance Ministry Supports Circulation of Stablecoins in Country


The Russian Ministry of Finance is ready to back the legalization of transactions with stablecoins in Russia, according to a high-ranking representative. While the ministry recognizes that cryptocurrencies could lay the ground for a new financial system, the department is unsure if it will...

Proposal to Set Up Russian Crypto Exchange Circulated in Moscow


Russia may establish a dedicated exchange to carry out cryptocurrency transactions locally, a high-ranking member of the State Duma has suggested. The new platform can be hosted by the Moscow Exchange, according to Anatoly Aksakov, head of the parliamentary financial market committee. Russian...

Nvidia's Silence On Abortion Rights Troubles Many Employees


Ever since the Supreme Court announced that Roe v. Wade was no longer the law of the land, Americans have started turning to a different institution to protect their lives: their employer. The tech and games industry is no different. Staff at Nvidia, which is headquartered in Silicon Valley but...

Russian State Duma Adopts Law Banning Payments With Digital Financial Assets


The lower house of Russian parliament has adopted a law prohibiting the use of digital financial assets in payments. To implement the restriction, exchange operators have been obliged to reject transactions which make it possible to employ these assets as a means of payment. Russian Parliament...

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