India will impose a tax of 30% on income from cryptocurrencies and other digital assets, finance minister Nirmala Sitharaman announced during the country's annual budget speech. … [Read more...] about India to tax crypto and NFTs profits at 30%
Visa customers made $2.5 billion in payments from crypto-linked cards in Q1 2022
During the recent earnings call, Visa stated that its customers made $2.5 billion in payments using its crypto-linked cards during the first fiscal quarter of 2022. That’s over 70% of the company’s total crypto volume during its previous fiscal year, signalling increased adoption of digital asset payments. … [Read more...] about Visa customers made $2.5 billion in payments from crypto-linked cards in Q1 2022
FTX US raises $400 million at $8 billion valuation
FTX US, the American affiliate of cryptocurrency exchange FTX, has raised $400 million in Series A funding round. … [Read more...] about FTX US raises $400 million at $8 billion valuation
Rio de Janeiro’s mayor plans to allocate 1% of the city’s reserves in crypto
Eduardo Paes, mayor of Rio de Janeiro, revealed that he plans to allocate 1% of Brazil's second-most populous city's treasury reserves to cryptocurrencies. … [Read more...] about Rio de Janeiro’s mayor plans to allocate 1% of the city’s reserves in crypto
Crypto jobs postings grew 395% in 2021
According to a recent LinkedIn analysis, crypto-related job listings skyrocketed last year. … [Read more...] about Crypto jobs postings grew 395% in 2021
Changpeng Zhao’s net worth is estimated at $96 billion
Changpeng Zhao, founder and CEO of the world’s largest cryptocurrency exchange Binance, is one of the world's wealthiest people. CZ's total net worth is $96 billion, according to Bloomberg. … [Read more...] about Changpeng Zhao’s net worth is estimated at $96 billion
MoneyGram acquires minority stake Coinme
Remittance giant MoneyGram has made a strategic minority investment in Coinme, a leading cryptocurrency cash exchange in the U.S. … [Read more...] about MoneyGram acquires minority stake Coinme
Former head of Argentina calls Ethereum one of the most valuable cryptocurrencies
Ex-president of the South American country met with Vitalik Buterin and called Ethereum one of the major innovative technologies of the century. … [Read more...] about Former head of Argentina calls Ethereum one of the most valuable cryptocurrencies