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Regulation Brings Clarity to Web3 Market, Developers, and Companies, Says Ava Labs CBO
13.10.2024
The Web3 industry has yet to fully enter the mainstream, according to John Nahas, chief business officer (CBO) of Ava Labs. He argues that general-purpose Layer 1 blockchains, whose primary focus is marketing their tokens, dominate the space and lack sufficient innovation. This, Nahas contends...
Crypto Companies paid $19B in Settlements to US Regulators in 2024
13.10.2024
Since 2019, US regulators have collected a total of $31.92 billion in settlements against 25 crypto companies.
You Can Snag A PS5 For Just $350 This Holiday Season
9.10.2024
The PlayStation 5 Pro is about to land, but why spend $700 on a suped up version of an already fine system when you can get the normal one for about half the cost? That’s now the case with the standard versions of the PS5, which Sony is now selling refurbished and at a much more palatable...
UAE Introduces Retroactive VAT Exemptions for Crypto Transactions
7.10.2024
The United Arab Emirates has introduced VAT amendments that impact crypto transactions, redefining tax obligations for companies in the digital asset space. Under the new rules, businesses dealing with cryptocurrencies and other digital assets must carefully evaluate their tax positions, especially...
Meta’s stock surge boosts Zuckerberg’s net worth to $201B, ranks fourth globally
30.9.2024
Tech giant Meta’s current market capitalization is more than $1.4 trillion — making it one of the most valuable companies in the world
Meta’s stock surge boosts Zuckerberg’s net worth to $201B, ranks fourth globally
30.9.2024
Tech giant Meta’s current market capitalization is more than $1.4 trillion — making it one of the most valuable companies in the world
Zuckerberg becomes fourth-wealthiest person following shift to Meta
30.9.2024
Tech giant Meta's current market capitalization is more than $1.4 trillion — making it one of the most valuable companies in the world
Crypto Platform CEO Arrested for Allegedly Paying Deputies in Extortion Scheme
28.9.2024
Crypto platform Zort’s CEO has been arrested on multiple charges. Allegations against Iza include paying large sums to Los Angeles County deputies for illegal activities, such as unlawful searches, extortion schemes, and even a failed kidnapping attempt. “Iza boasted about paying...
New Law Will Force Companies To Admit You Don't Actually Own Digital Games
27.9.2024
AB 2426, a newly passed piece of legislation in California signed into law earlier this week by governor Gavin Newsom, will force companies selling digital goods—like games—in the state to warn consumers that they don’t actually own that content, but instead are licensing it and could lose access...
Dubai Regulator Increases Scrutiny on Crypto Companies
27.9.2024
Dubai’s Virtual Assets Regulatory Authority (VARA) has implemented stricter regulations for crypto companies to enhance investor protection and ensure transparency. The new rules require firms to include risk warnings in marketing materials, obtain necessary licenses, and adhere to compliance...
5000+ Forex Companies attending Forex Expo Dubai 2024
26.9.2024
Largest Gathering with 20000+ Visitors and 200+ Exhibitors, marking it as one of the largest Expo in the…
SEC Charges 3 Individuals, 5 Companies With Operating Pig Butchering Scams
17.9.2024
The U.S. Securities and Exchange Commission (SEC) has filed suit against three individuals and five companies for allegedly operating pig butchering scams – a type of confidence-enabled investment scam in which fraudsters befriend victims over text-based social media apps, gain their trust...
China 6 months behind US on AI, says Google’s former region head
12.9.2024
The former president of Google China says he expects the AI-powered apps to take off much faster in China compared to the United States.
Central Bank of Latvia opens pre-licensing consultations to crypto companies
9.9.2024
Latvia’s central bank is taking proactive steps to align with the EU’s upcoming crypto regulations by offering free pre-licensing consultations for crypto-asset service providers
Latvia’s central bank opens pre-licensing consultations to crypto companies
9.9.2024
Latvia’s central bank is taking proactive steps to align with the EU’s upcoming crypto regulations by offering free pre-licensing consultations for crypto-asset service providers
US companies forecast to buy $10.3B in Bitcoin over next 18 months — Report
6.9.2024
The report claimed, a cash treasury “supplemented with a 3% allocation to Bitcoin” would have shielded companies from inflation since 2020
TradFi Companies 'Want to Transact in Bitcoin,' Says Cantor Fitzgerald CEO
4.9.2024
Howard Lutnick was picked by Donald Trump to chair his presidential transition team last month
Latam Insights: Bukele Used Bitcoin as a Rebranding Tool; Bitcoin Mining Companies Stop Operating in Paraguay After Power Fee Hikes
2.9.2024
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue: Salvadoran President Nayib Bukele acknowledges that bitcoin rebranded the country, some bitcoin mining companies have stopped operating in Paraguay after...
Bitcoin holdings of publicly listed firms increased to $20B in one year: Data
28.8.2024
A survey showed that 26% of institutional investors and wealth managers support Bitcoin’s use case as a reserve asset.
9 Bitcoin Mining Companies Suspend Activities After Power Fee Hikes in Paraguay
27.8.2024
Nine Bitcoin mining companies have suspended their operations after the power fee hikes affecting high-consumption customers in Paraguay. According to data provided by the National Power Administration of Paraguay (ANDE), these companies had their service terminated due to the interruption of their...