Colombia uses gamification to teach youth about crypto and stock trading
Colombia invests over $30,000 to develop a gamified app that simulates crypto and stock trading for young learners. Go to Source Powered by WPeMatico
Cryptocurrencies
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Nigeria’s CBDC ‘a Safer Option’ Than Privately Issued Cryptocurrencies: Central Bank Official
As part of the Central Bank of Nigeria (CBN)’s digital currency charm offensive, Folashodun Shonubi, the institution’s deputy governor, has claimed that the country’s upcoming central bank digital currency (CBDC) will be a “safer option from privately issued cryptocurrency.” Payment System Stability In addition, the CBN’s digital currency — also known as the e-naira — … Read more
El Salvador’s Bitcoin wallet is ‘95% fixed,’ President Bukele says
El Salvador’s state Bitcoin wallet has continued facing major issues in a week after the official rollout. Go to Source Powered by WPeMatico
US lawmakers propose adding digital assets to ‘wash sale’ rule and raising capital gains tax
If passed, the plan would raise the capital gains tax rate for “certain high income individuals” to 28.8%, while eliminating the “wash sale” loophole for crypto users. Go to Source Powered by WPeMatico
Gala Games (GALA) rallies 265% shortly after Binance listing announcement
An exchange listing and a foray into NFTs and play-to-earn gaming back GALA’s 270% rally to a new high. Go to Source Powered by WPeMatico
Fake news: Litecoin price surges 35% following Walmart adoption hoax
According to CNBC, a Walmart spokesperson confirmed a press release on Litecoin was “not authentic” roughly an hour after the initial report broke. Go to Source Powered by WPeMatico
India’s Income Tax Department may soon target crypto trades and ecosystem
Indian entrepreneurs believe crypto tax laws are foundational to mainstream crypto acceptance by governments. Go to Source Powered by WPeMatico
US Treasury reportedly in talks for stablecoin regulation
Treasury officials are studying the risks if too many people decide to withdraw their stablecoins all at once. Go to Source Powered by WPeMatico
How to be a better hodler, explained
Hodling is by no means easy, but there are ways to ensure you don’t act impulsively and let your crypto do the hard work for you. Go to Source Powered by WPeMatico
Mining Is Not Banned in Ukraine and Does Not Require Licensing, Key Crypto Advisor Says
The regulatory status of cryptocurrency mining remains somewhat undetermined in Ukraine, even after the recent adoption of the law “On Virtual Assets.” However, albeit unregulated, the minting of digital coins isn’t prohibited either, according to a leading advisor on crypto matters at the Ukrainian parliament. Amendments to Ukraine’s Tax Law to Regulate Accounting for Crypto … Read more