Business

Bittrex files for Chapter 11 bankruptcy in the wake of SEC charges
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9 May, 2023

Bittrex files for Chapter 11 bankruptcy in the wake of SEC charges

The move comes only a month after the company announced it was winding down its U.S. operations, a few weeks...
Stablecoins and digital assets unlikely to replace central bank money: Moody’s
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9 May, 2023

Stablecoins and digital assets unlikely to replace central bank money: Moody’s

The author of Moody’s report tells CoinGeek that while stablecoins and Bitcoin are seeing rising adoption, the role of commercial...
New York digital assets bill targets blockchain’s Wild West attitudes
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9 May, 2023

New York digital assets bill targets blockchain’s Wild West attitudes

The draft bill seeks to amend New York's general business law, financial services law, and tax law with new specifications...
Kenya to tax digital assets, NFTs in proposed bill
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9 May, 2023

Kenya to tax digital assets, NFTs in proposed bill

Kenya will impose a 3% tax on the transfer of digital assets and NFTs under the proposed 2023 Financial Bill...
China’s $22M investment fund targets projects building in the metaverse
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9 May, 2023

China’s $22M investment fund targets projects building in the metaverse

Henan Cultural Tourism Investment Group's fund aims to promote Chinese culture and tourism using innovative technology like virtual reality and...
North Carolina bans CBDCs with passage of new bill
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9 May, 2023

North Carolina bans CBDCs with passage of new bill

The new bill by Republican lawmakers argues that an attempt to introduce CBDCs aims at “surveilling Americans and controlling behavior...
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