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Article by Steve Kaaru

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...
Italy trims proposed 42% digital asset tax
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27 November, 2024

Italy trims proposed 42% digital asset tax

Italy currently imposes a 26% tax on digital asset gains, which the government wanted to hike to 42%, but lawmakers...

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