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Cryptocurrency Regulation and Taxing

Can Bulls Pull Off a Comeback as The Ethereum Price Drops To $1,550?

Kavon Hyatt | November 7, 2022 | Leave a comment
After hitting a high of $1,675, Ethereum’s price declined against the US Dollar. The price of ETH has to stay above $1,550 to start a fresh upward trend. Around $1,605 on the ETH/USD hourly chart, a sizable downward trend...
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J.P. Morgan Conducts the First-Ever Defi Deal Using A Public Blockchain

Kavon Hyatt | November 4, 2022 | Leave a comment
J.P. Morgan has closed the first international transaction to use distributed financing (DeFi). A public blockchain served as a means to complete the transaction. Project Guardian enabled the transaction to take place on November 2 .The Monetary Authority of...
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Mastercard Expands Its Blockchain Accelerator to Include Seven Startups

Kavon Hyatt | November 3, 2022 | Leave a comment
Mastercard, as a leader in global payments, is still supporting blockchain and cryptocurrency firms. It’s doing this through the Mastercard Start initiative. This Project Serves as Mastercard’s Financial Technology Accelerator For its Start Path program, Mastercard has chosen seven...
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Approval Has Been Granted in Singapore for Both Circle and Paxos

Kavon Hyatt | November 3, 2022 | Leave a comment
Circle and Paxos, two stablecoin issuers, have each been given license clearance in Singapore. In addition, the central bank of Singapore, known as the Monetary Authority of Singapore (MAS), gave its approval. Circle’s application for a license to operate...
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Thailand And Hungary Partners To Explore The Blockchain Industry 

Kavon Hyatt | October 31, 2022 | Leave a comment
According to multiple media reports, Thailand and Hungary’s fintech organizations have signed a deal agreed to help introduce blockchain technology to their respective financial systems. This partnership will allow both parties to identify possible areas that will benefit both...
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Scam Allegation: UK Dissolves Crypto Trading Firm

Kavon Hyatt | October 31, 2022 | Leave a comment
The digital currency industry has been hit by scams and ripoffs, the latest being PGI Global UK. The country’s High Court dissolved the digital currency firm after allegedly defrauding investors of $709,000. The company promised its investors that they...
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The Number of Bitcoin ATMs In Russia Moscow Is Rising

Kavon Hyatt | October 30, 2022 | Leave a comment
Crypto ATMs are all over the place in Russia, despite the obvious lack of regulation. The demand for the service is expanding since it offers easy access to cryptocurrency. Even if the conversion rates are not the best, the...
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Metapolice: The Future of Virtual Law Enforcement

Kavon Hyatt | October 21, 2022 | Leave a comment
The international police organization INTERPOL has made some recent disclosures. During its 90th General Assembly in New Delhi, it made significant revelations. Interpol revealed the first Metaverse for police agencies throughout the world. The use of Interpol’s virtual reality...
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South Africa Now Recognizes Crypto Assets as Financial Product

Kavon Hyatt | October 21, 2022 | Leave a comment
The approval of the declaration was under the Financial Advisory and Intermediary Services (FAIS) Act of South Africa. Consequently, license requests by crypto asset service providers (CASP), including exchanges, must be made. This Declaration Covers All Non-Central-Bank Digital Representations...
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Turkey To Use Blockchain Technology for Its E-Human Initiative

Kavon Hyatt | October 19, 2022 | Leave a comment
Recep Tayyip Erdoan, the president of Turkey, has provided some new details to the e-Human initiative. This occurred before the national blockchain conference in Turkey.  Blockchain technology will be used by the e-Human project, according to a report by...
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