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Argentinian Senate Passes Bill That Would Tax Assets Held in Foreign Countries, Including Crypto
14.5.2022
The Argentinian Senate has approved a bill that would allow the government to tax non-declared assets held in foreign countries by citizens of the country. This includes stocks, properties, bonds, and even cryptocurrencies. The purpose of the legistlation would be to collect more funds to pay...
BOBA Token Can Now Be Used to Pay Gas Fees
12.5.2022
The BobaDAO proposed a governance protocol to allow gas fee payments in BOBA tokens earlier in April. As surprising as it may seem, the decision got a whopping million BOBAs voting in favor of it while not a single vote was cast against it. Now, the network has moved forward with the decision after...
Masterminds Behind South African Bitcoin Ponzi Scheme Told to Pay Back Over $291 Million
12.5.2022
Masterminds of one of South Africa’s biggest bitcoin Ponzi schemes, Mirror Trading International (MTI), have been asked by the scheme’s liquidators to pay back over $291 million to cover the scam operation’s debts. Liquidators’ Influence Liquidators of the South African...
Regulators Should Pay Attention to UST
12.5.2022
Over the weekend, algorithmic stablecoin TerraUSD (UST) broke its peg. It broke it again on Monday, and has yet to recover. Regulators may have to take a closer look at this particular model of stablecoin
Report: Nigerian CBDC Wallet Update to Enable Utility Payments, USSD Functionality to Be Added
11.5.2022
The Nigerian central bank digital currency (CBDC) wallet app is set for an update that will see users given the ability to pay for utilities like pay television and for topping up airtime. The addition of the unstructured supplementary service data (USSD) functionality to the wallet app means...
Fortnite Cheat Seller Ordered To Pay Epic Games Undisclosed Damages
10.5.2022
Last week, Epic Games won its lawsuit against a man accused of selling Fortnite cheats, GameSpot reports.Read more
Pokémon Legends Arceus Outsells Classic Games, Proves Risks Pay Off
10.5.2022
According to the fiscal report that Nintendo released today, Pokémon Legends: Arceus sold 12.64 million units last year. While it doesn’t usurp Pokémon Brilliant Diamond and Shining Pearl’s combined sales figure of 14.65 million, it’s nevertheless impressive for an original title that deviated...
Game Space Releases Merge Bird on Its GameFi-as-a-Service (GaaS) Platform
9.5.2022
PRESS RELEASE. Singapore – Game Space is proud to announce the release of Merge Bird on its GameFi-as-a-Service (GaaS) platform. Merge Bird is an on-chain version of the once-popular game ‘Flappy Bird’. Game Space has chosen it as the first on-chain version to pay tribute to...
SEC Fines Nvidia $5.5 Million for Failing to Disclose Crypto Mining Significantly Boosted Its Revenue
8.5.2022
The U.S. Securities and Exchange Commission (SEC) has charged Nvidia Corp. for failing to disclose that crypto mining significantly boosted its revenue. The company agreed to a cease-and-desist order and to pay a $5.5 million penalty. Nvidia Failed to Disclose That Crypto Mining Was a Significant...
Russia’s Anti-Monopoly Agency Proposes Higher Electricity Rates for Home Crypto Miners
7.5.2022
The anti-monopoly service of Russia has suggested that Russians minting digital currencies at their homes should pay more for the spent electrical energy. The proposal comes after the submission of a bill tailored to regulate cryptocurrency mining to the Russian parliament. Russian Miners Using...
US Court Fines Bitmex’s Founders $30 Million for Operating Illegal Crypto Platform
7.5.2022
The founders of Bitmex have been ordered to pay $30 million “for illegally operating a cryptocurrency derivatives trading platform and anti-money laundering violations.” Arthur Hayes, Benjamin Delo, and Samuel Reed must pay $10 million each. Bitmex’s Founders Fined $30 Million...
Nvidia to pay $5.5M as part of SEC case concerning 'inadequate disclosures' around crypto mining
6.5.2022
"All issuers, including those that pursue opportunities involving emerging technology, must ensure that their disclosures are timely, complete, and accurate," said Kristina Littman
Court orders BitMEX founders to pay $30M civil penalty
6.5.2022
The three co-founders have been ordered to pay hefty fines for what the CFTC calls their involvement in serious violations of regulations and the Commodity Exchange Act
US Court Orders BitMEX Founders to Pay $30M for Illegal Trading
6.5.2022
The three co-founders, Arthur Hayes, Benjamin Delo and Samuel Reed, must each pay $10 million, the CFTC said
US Court Orders BitMEX Founders to Pay $30M for Illegal Trading
5.5.2022
A federal judge ordered the three co-founders of BitMEX to pay $30 million total for operating an illegal cryptocurrency derivatives platform and violating money-laundering rules, the Commodity Futures Trading Commission said Thursday
Solana Pay Introduces Transaction Requests For Developers
5.5.2022
Solana Pay keeps reshaping the payments domain by introducing transaction requests for merchants and developers. The platform has attracted numerous users to on-chain transactions within its brief yet illustrious three months of experience. The platform has been relying on the one-way transfer...
Solana Pay Adds Customized Transaction Request for Merchants
5.5.2022
Prices of Solana’s native SOL tokens outperformed the market with a 9% surge in the past 24 hours
Bankoff Crypto Cards Suspended Amid High Volume of Russian Transactions
5.5.2022
Bankoff, a platform offering virtual cards that could be topped up with cryptocurrency, has told customers its cards are no longer supported by payment systems Visa and Stripe. They allowed Russians to pay abroad after major processors restricted their services in the country. Visa and Stripe Halt...
Fintech Study Estimates 4.4 Billion Global Users Will Adopt Mobile Wallets by 2024
3.5.2022
According to a recently published study by Merchant Machine, mobile wallets are predicted to have 4.4 billion users by 2024. Merchant Machine’s findings show the global pandemic propelled the popularity of digital wallets and researchers expect the numbers to grow from 44.50% of...
Evropská komise poslala stížnost Applu. Chce otevřít iPhone pro alternativní platební služby
2.5.2022