Russia Looks to ‘Tighten Control’ over Crypto Traders with New Tax Measures
Crypto industry experts in Russia have warned that government agencies are gearing up for a regulatory drive that will see it “tighten control” over crypto, enforcing tough new tax protocols and enhancing its monitoring of transactions.
South Korean Central Bank: Build Legal Boundary Between CBDCs & Crypto
The South Korean central bank – the Bank of Korea (BOK) – wants Seoul to draw a line between central bank digital currencies (CBDCs) and cryptoassets, and hopes the government will make an eleventh-hour adjustment to a key crypto law that promulgates next month.
PayPal Q4 Transaction Revenue Report: Great Achievement Since Adding Crypto
Customers who bought crypto through the platform have been logging in twice as much as they were before, the payments giant said.
UBS: Crypto Has Fundamental Flaw, Bitcoin's Fixed Supply Could Cause Its Value to Collapse
A chief economist at UBS, the largest bank in Switzerland, says cryptocurrency has a fundamental flaw. Bitcoin’s fixed supply could cause the collapse of its value and spending power, making it unattractive to use as a currency, he claims.
Gemini Survey: 13% Of UK Has Invested In Crypto
Gemini, one of the biggest crypto exchanges in the world, recently conducted a survey wherein they found that over 13.5% of the UK (population 68 million) is either a current or ex crypto investor.
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