The new budget session of Parliament in India is particularly important given that this is allegedly when the country is going to make some hardcore decisions regarding the future of crypto within the nation’s borders. Regulators are seeking to initiate some new laws in which anti-tax evasion laws surrounding crypto will be set in stone. India Is Looking to Prevent Tax Evasion Through Crypto India has had a very up and down relationship with digital currency. Since 2018,...
Read More »Most Americans Have Left Crypto Out of Their Wills
Most Americans don’t have a will or anything in place to decide how their assets or belongings should be distributed once they leave the Earth. According to a Gallup poll last year, about 46 percent of Americans don’t have a will, a number that has been largely consistent for the last 32 years. Many Americans Don’t Place Crypto in Their Wills In the past, things like airline rewards and credit card points were mostly up for grabs in situations like these. However, now...
Read More »Crypto.com Joins Hands with the AFL
The Australian Football League (AFL) has signed a deal with Crypto.com, one of the largest digital currency exchange firms in the world. Unfortunately, the deal has not made everyone happy. The AFL and Crypto.com Have Formed a Partnership The partnership is set to last a whopping five years, and Crypto.com will be the official crypto exchange and trading platform for both the AFL and the AFLW. Presently, Crypto.com also has deals with large sports leagues and...
Read More »Crypto Firm Rain Financial Gets More Than $100 Million in New Funds
Rain Financial in the Middle East – which operates the Rain cryptocurrency exchange licensed by the Central Bank of Bahrain – has garnered more than $110 million in series B funding as digital currencies become more mainstream and legitimate in that part of the world. Rain Financial Gets a Lot of Money The funding round was led by Paradigm, a San Francisco-based crypto investment firm. Also helping with the round was Kleiner Perkins in Silicon Valley. Additional funds...
Read More »Bitcoin Well Seeks to Bring Crypto and Real Estate Together
Technology company Bitcoin Well has joined hands with the Greater Property Group (GPG) in Canada to assist customers in using BTC and other assorted cryptocurrencies to purchase both commercial and residential real estate. Bitcoin Well and Greater Property Group Work Together The worlds of crypto and real estate are coming closer and closer together. Not long ago, Harbor Custom Development in Gig Harbor, Washington announced that it would allow customers to pay for real...
Read More »Sotheby’s Hosting Diamond Auction; Crypto Bidders Welcome
Sotheby’s is hosting an auction that will feature a 555.55-carat black diamond. What’s the big clincher? Crypto enthusiasts are welcome to the table and can bid on the item with digital currency. Sotheby’s Says “Yes” to Crypto Bids Known as the “Enigma,” the diamond is listed in the Guinness Book of World Records as the largest cut diamond in the world. It will also be part of a special sale that is allowing crypto bidding. Among the currencies that Sotheby’s is willing...
Read More »Singapore Looks to Place a Limit on Crypto Advertising
Singapore is telling all crypto companies within its borders to cease advertising their products and services to members of the public. This rule also applies to any banks or traditional institutions that offer crypto. They are not allowed to produce any advertisements and they cannot show these ads in public areas like on buses or trains, websites, social media, physical ATMs, or broadcast and print media. Singapore Looks to Prevent Crypto Companies from Producing Ads...
Read More »Cathie Wood: El Salvador Has Nailed BTC
Cathie Wood of Ark Invest believes El Salvador is on the right path when it comes to bitcoin innovation. She is very excited about all the fantastic progress the country has made in terms of BTC adoption, and she’s confident things will only get better from here for residents of the nation. Cathie Wood on El Salvador: The Country Has the Right Idea Wood stated that one of the big things El Salvador has done well is open the doors of an industry that at one time, was very...
Read More »Mozilla Says “No” to Crypto Donations
The Mozilla Foundation announced on Twitter on New Year’s Eve that it was going to be accepting crypto donations. However, this decision has since come under fire by one of the firm’s co-founders, and it looks like Mozilla is rescinding the decision. Mozilla Foundations Rejects Crypto Jamie Zawinski – one of the people involved in creating Mozilla – says he’s happy to play a role in preventing the firm from making such a “terrible decision.” He has long been a big critic...
Read More »London Is Seeing Far More Crypto Ads as of Late
London is now home to a record number of bitcoin and crypto-related advertisements, and many are calling for a ban on such promotions as they feel the crypto space is far too risky. London Is Seeing an Influx of Crypto Advertisements Crypto assets are largely unregulated in the United Kingdom, and there is much concern in London and other parts of the country about the volatility associated with these assets. In addition, many fear that people will become addicted to...
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