Institutions won't embrace Web3 without privacy options — Web3 exec
Paradoxically, one of crypto’s biggest selling points keeps institutions from embracing Web3 and distributed ledger technologies.
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Portugal Could Be a Tax Haven — Not Only for Crypto Traders
The Portugal Tax Authority (PTA) announced last month that cryptocurrency trading and payments in crypto would not be subject to value-added tax (VAT).According to the announcement, cryptocurrency payments that are subject to the provision of services under Article 9 (27) (d) of Portuguese tax law are exempt from VAT. This applies only to individuals, as…
SVB contagion: Australia reportedly asks banks to report on crypto
Australia’s prudential regulator has reportedly told banks to improve reporting on crypto assets and provide daily updates. 499 Total views 11 Total shares Own this piece of history Collect this article as an NFTAustralia’s prudential regulator has reportedly asked local banks to report on cryptocurrency transactions amid the ongoing contagion of Silicon Valley Bank’s (SVB)…
Little Shapes was a ‘social experiment’ to expose NFT botnets: founder
Atto, the pseudonymous founder behind Little Shapes NFT has revealed that the project was actually a “social experiment” designed to shed light on large-scale NFT bot network scams on Twitter.Since late December, Little Shapes had been attracting a fair amount of attention from the media and crypto community. This is due to several semi-viral tweets…
SEC, FBI, DOJ coordinate takedown of 4 fraudulent crypto firms
A complex set of overlapping companies, individuals and alleged crimes have been tackled by US federal authorities.
VanEck Subsidiary Launches Bitcoin Index Based on US Spot Indices
Investment management firm VanEck subsidiary MV Index Solutions has launched its own Bitcoin (BTC) index based on three major over-the-counter (OTC) desks, according to a press release published Nov. 20.MV Index Solutions is a firm that develops, monitors and licenses the MVIS Indices, which cover several asset classes, including equity, fixed income markets and digital…
Blockchain Can Add $1 Trillion to World Trade By 2028, Says World Economic Forum
Distributed ledger technology (DLT) such as blockchain could generate $1 trillion in new trade over the next ten years, a joint report from the World Economic Forum (WEF) claims Thursday, September 13.The report, ‘Trade Tech – A New Age for Trade and Supply Chain Finance’, published in collaboration with Bain & Company, evaluates DLT prospects…
Major Latin American Development Bank Pilots Blockchain for Land Registry
The Inter-American Development Bank (IADB) is implementing three different blockchain pilot projects to test if blockchain technology is able to solve some of the problems of land titling and registries.On Oct. 28, blockchain startup ChromaWay reported that it is collaborating with IADB on a two-year project in Bolivia, Peru and Paraguay on an initiative called…
What are governance tokens, and how do they work?
Governance tokens are a type of cryptocurrency that allow tokenholders to vote on the direction of a blockchain project. The primary purpose of governance tokens is to decentralize decision-making and to give holders a say in how the project is run.Governance tokenholders are usually more invested in the project’s success as they stand to gain…