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Japanese Entertainment Conglomerate Konami Enters Metaverse by Offering Web3 Jobs

Japanese Entertainment Conglomerate Konami Enters Metaverse by Offering Web3 Jobs

Japanese entertainment firm Konami is hiring more talents on Web 3 to enable it to expand its footprint into the metaverse space.

U.S. Senators Urge Treasury and IRS for Swift Cryptocurrency Tax Rule Implementation

U.S. Senators Urge Treasury and IRS for Swift Cryptocurrency Tax Rule Implementation

A group of U.S. Senators has expressed concern over a two-year delay in implementing tax reporting requirements for crypto brokers, urging the Treasury Department and IRS to expedite the process to close the crypto tax gap, provide clarity for taxpayers, and secure billions in lost tax revenue. The delay contradicts the directives of the Infrastructure Investment and Jobs Act and gives leeway to crypto lobbyists opposing the rule.

Binance expands with blockchain hub in Georgia

Binance expands with blockchain hub in Georgia

Cryptocurrency exchange Binance has opened a blockchain hub in Georgia to promote crypto adoption in the country, create more jobs and attract talent to the blockchain sector.

IMF Warns of AI's Impact on Global Job Market: 40% Positions at Risk

IMF Warns of AI's Impact on Global Job Market: 40% Positions at Risk

The IMF warns that AI could impact 40% of global jobs, rising to 60% in advanced economies. This trend may exacerbate income inequality, with younger workers adapting more easily than older ones. The IMF urges comprehensive safety nets and retraining programs to mitigate the effects.

Fed Chair Powell: Cryptocurrencies not Useful Stores of Value and CBDC Issuance Will not be Immediate

Fed Chair Powell: Cryptocurrencies not Useful Stores of Value and CBDC Issuance Will not be Immediate

Federal Reserve Chairman Jerome Powell’s stance on Bitcoin and cryptocurrencies remains unchanged – he views them primarily as “a speculative asset.”

Bitcoin Rally Backed by Big-Time Investors May Be the Gateway to Mainstream Crypto Adoption

Bitcoin Rally Backed by Big-Time Investors May Be the Gateway to Mainstream Crypto Adoption

Bitcoin’s rally continues above the $19,000 level, and by now it is clear that the bull run this time around is largely driven by institutional investors.

Why Bitcoin Crashed by $3000 and Is Currently Undergoing a Sharp Price Correction

Why Bitcoin Crashed by $3000 and Is Currently Undergoing a Sharp Price Correction

After a bullish rally where Bitcoin soared past $18,500, the digital asset underwent a notable price correction, trading dropping below $16,500.

Recap on 2019: What Does the World Think of Central Bank Digital Currencies?

Recap on 2019: What Does the World Think of Central Bank Digital Currencies?

The European Central Bank has recently developed an “anonymity voucher” to safeguard potential central bank digital currency (CBDC) users’ privacy for low-value retail transactions, while ensuring that high-value transfers are subject to anti-money laundering (AML) approvals.

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