Kazakhstan to Increase Tax for Miners, Considers Tying Levy to Crypto Prices

The government of Kazakhstan is preparing to increase the tax burden for cryptocurrency miners and intends to tie the new rate to the value of the minted cryptocurrency. The authorities in Nur-Sultan believe that such an approach would have a positive effect on the state budget. Miners in Kazakhstan to Pay Tax on the Value … Read more

Absolut Vodka Launches Metaverse Experience in Decentraland

Absolut Vodka is celebrating its tenth anniversary by bringing an experience to Decentraland’s Metaverse in a new experience called Absolut Land. Launching its experience during Coachella on April 15th, the collaborative partnership will be one-of-a-kind cooperation enabling users to get exclusive gear, collet-to-earn rewards, and teleport to Coachella IRL! Let’s take a closer look at … Read more

Russian Chamber of Commerce Suggests Using Cryptocurrencies in Settlements With Africa

Employing crypto in cross-border payments is one of the proposals put forward by the Russian Chamber Of Commerce lobbying for more cooperation with African countries. Amid unprecedented sanctions limiting Russia’s ability to trade internationally, the head of the board has urged the government to work out an alternative system for settlements with Moscow’s partners. Chamber … Read more

Vitalik Buterin Becomes Citizen of Crypto-Friendly Montenegro

Ethereum co-founder Vitalik Buterin has been granted Montenegrin citizenship. Buterin joins other members of the crypto community with global experience who have been invited to help the small Southeast European nation attract investments and develop its blockchain sector. Vitalik Buterin Obtains Montenegrin Passport Prominent crypto figure Vitalik Buterin is now a citizen of Montenegro, the … Read more

Crypto Exchange With Belarusian Roots Halts Operations for Russian Users

Currency.com, a crypto exchange founded and initially licensed in Belarus, has suspended operations for Russian clients. The restrictive measure comes in response to Russia’s assault on Ukraine, the platform said, noting that customers in other jurisdictions will not be affected. Currency.com Exchange Denounces ‘Terrible War’ in Ukraine, Denies Services to Russian Traders Crypto trading platform … Read more

Top 3 Metaverse Coins Gaining The Most Price Today (APE, MIST, MOOV)

Metaverse coins are showing bullish momentum today as several projects are seeing double-digit price gains of up to 25%. Let’s look at the top three Metaverse coins gaining the most price today, ordered by 24-hour growth, lowest to highest, and see why the price is rising. 3. ApeCoin (APE) +7.13% Launching on March 17th, 2022, … Read more

Cryptocurrencies Carry Systemic Risks, Threaten Ruble, Bank of Russia Insists

The spread of cryptocurrencies brings significant risks for Russia’s economy, financial stability, and national fiat, the monetary authority in Moscow has reiterated. The central bank has reaffirmed its hardline stance on decentralized digital money in a new report published as the government prepares to regulate the Russian crypto space. Central Bank of Russia Issues Warnings … Read more

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