Restrictions in China have forced homegrown Bitcoin miners to move out to crypto-friendly nations such as Canada, Kazakhstan and the United States. China’s stringent crypto regulations meant closing shop for…
A new project in Russia aims to enable secure storage of inherited digital possessions like Bitcoin using a cloud-based service of state-owned Sberbank. A group of Russian experts is working…
The European Investment Fund invested $30 million in a new blockchain and digital assets fund, highlighting the sector’s “strategic importance” for the European Union. Analysts have long decried the European…
The daily transaction volume on NFT auction site Rarible has dropped significantly since peaking in April 2021 and has not recovered since. Nonfungible token (NFT) sales tapering off is nothing…
Analysts at the Rand Corporation say crypto as part of the bilateral digital trade could lay the groundwork for cryptocurrency adoption in international trade. Sale Lilly and Scott W. Harold…
Framed as a “war against black capital,” Israel’s Ministry of Finance estimates the new legislation could bring in $9.2 million in additional state revenues through tax. The Israeli government is…
EY expects that its new blockchain-based withholding tax solution can lay a foundation for the European Commission’s withholding tax relief system. Global professional services firm Ernst & Young (EY) continues…
