Business

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...
EU proposes new Regulation to enforce freedom of choice for app users
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29 March, 2022

EU proposes new Regulation to enforce freedom of choice for app users

The proposed Digital Markets Act aims to restrict large tech players from herding users towards dominant platforms, where users may...
Ireland central bank warns against ‘misleading’ digital asset ads
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29 March, 2022

Ireland central bank warns against ‘misleading’ digital asset ads

The Central Bank of Ireland issued its fresh warning on digital assets this week as part of Europe-wide campaign to...
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