Kyrgyzstan cryptocurrency mining tax collection falls 50% YoY in 2024

Stablecoins are the cornerstone of the digital asset marketplace with a market cap of over $100 billion. Governments are already putting considerable resources in being up to speed with the trends. A November 2021 report published by the United States President’s Working Group on Financial Markets details the various measures to ensure stablecoin regulation is…

The head of the United Kingdom’s central bank has said Facebook’s new libra cryptocurrency could have genuine use cases if it can conform to regulatory demands, the Financial Times (FT) reported on June 18.Speaking at a conference of central bankers in Portugal, Mark Carney, governor of the Bank of England (BoE), delivered mixed reviews of…

Ukraine’s crypto bill was previously returned for revision due to the creation of a new regulatory body for crypto oversight. 1219 Total views 21 Total shares Ukraine’s parliament, the Verkhovna Rada, has approved some significant amendments in the country’s major cryptocurrency-related legislation known as the bill “On Virtual Assets.”The Ukrainian Rada passed the legislation in…

Jack Dorsey, CEO of Twitter and Square, made it crystal clear that Twitter will never join Facebook’s Libra project."Nothing within Libra had to be a cryptocurrency”On Oct. 24, per a Twitter thread by Hollywood Reporter editor Alex Weprin, who was covering an event at Twitter's New York office, Jack Dorsey made it abundantly clear that…

The additions to the board follow the confirmation of a new CEO, CCO, and COO in August. 810 Total views 16 Total shares Coinsquare, a crypto exchange that has been under the scrutiny of Canadian regulators following allegations of wash trading, said it will be adding two new members to its board of directors.In a…

Dapper Labs, the team behind the Ethereum-based non-fungible token (NFT)-powered game CryptoKitties, has launched its forthcoming NBA TopShot game in beta.Cointelegraph experienced a sneak preview of the game, which allows players to own, trade and play with tokenized representations of key moments in NBA history.NBA TopShot is built on Dapper’s Flow blockchain.NBA TopShot launches in…

When the Tel Aviv Stock Exchange (TASE), the only public stock exchange in Israel, announced that it drafted a proposal for regulation-friendly crypto trading on Feb. 27, it echoed across the crypto industry as a step forward for crypto adoption. However, some experts have framed the proposal as a somewhat underwhelming update to the current…

Every week, subscribers of Cointelegraph’s Markets Pro data analytics platform receive a detailed breakdown of the top performers of the week and the VORTECS™ Score indicator’s performance in tracking potential bullish and bearish developments.Here are some of the highlights of the latest report:Axie Infinity Shard (AXS) recorded a new all-time high following a strong VORTECS™…