Business

Low smartphone penetration will hinder CBDC adoption, Kenya central banks says
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30 March, 2022

Low smartphone penetration will hinder CBDC adoption, Kenya central banks says

The central bank governor believes it may be wise to delay the possible rollout of a digital shilling as those...
The metaverse is going to change the world as we know it, Dereck Hoogenkamp tells CoinGeek Backstage
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29 March, 2022

The metaverse is going to change the world as we know it, Dereck Hoogenkamp tells CoinGeek Backstage

We are on the precipice of the greatest revolution of our time and that the metaverse is transforming the world...
Frosties NFT: 2 charged in US over $1.3M rug pull
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29 March, 2022

Frosties NFT: 2 charged in US over $1.3M rug pull

The two 20-year-old men, who were arrested in California, allegedly sold 8888 NFTs in early January before abandoning the project...
Bitcoin users to pay 30% digital currency tax in India from April 1
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29 March, 2022

Bitcoin users to pay 30% digital currency tax in India from April 1

The Indian Parliament passed the Finance Bill 2022-2023, which confirmed the 30% tax rate on all virtual digital assets (VDAs)...
Bank of England and FCA latest warnings and guidance target ‘crypto’ assets
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29 March, 2022

Bank of England and FCA latest warnings and guidance target ‘crypto’ assets

The BOE noted that digital currency would pose a risk to the wider financial system as the industry grows, while...
Proposal to ban proof of work mining moves forward in New York State Assembly
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29 March, 2022

Proposal to ban proof of work mining moves forward in New York State Assembly

New York State Assembly's Environmental Conservation Committee has voted in favor of a bill that establishes a moratorium on block...
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