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Article by Steve Kaaru

South Korea’s major parties clash over 20% digital asset tax
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29 November, 2024

South Korea’s major parties clash over 20% digital asset tax

The ruling People Power Party wants to postpone the 20% tax—scheduled to take effect in January 2025—to 2028, while the...
Digital asset ownership legal in China: Shanghai judge
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29 November, 2024

Digital asset ownership legal in China: Shanghai judge

The judge said that digital assets are considered property under China’s law when held by individuals; businesses are not allowed...
Russia proposes winter BTC mining ban until 2031
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28 November, 2024

Russia proposes winter BTC mining ban until 2031

A commission led by Deputy Prime Minister Alexander Novak has proposed banning block reward mining in Siberia from November to...
Financial industry to adopt blockchain in 2025: report
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28 November, 2024

Financial industry to adopt blockchain in 2025: report

A survey by financial sector automation firm Quadient says the industry will integrate blockchain for financial transaction logging, reporting, and...
Axie Infinity maker Sky Mavis trims 21% of workforce
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28 November, 2024

Axie Infinity maker Sky Mavis trims 21% of workforce

Sky Mavis CEO Nguyen Trung insisted that the layoffs aren’t due to financial constraints, but Axie Infinity NFTs have lost...
CFPB finalizes digital payments rule, excludes digital assets
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27 November, 2024

CFPB finalizes digital payments rule, excludes digital assets

In its original proposal, the CFPB wanted to oversee digital asset wallets, but after opposition from some lawmakers and industry...

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