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Venezuela Wants Citizens to Pay Taxes in State-Issued Petro Cryptocurrency

Venezuela Wants Citizens to Pay Taxes in State-Issued Petro Cryptocurrency

Venezuela is moving on a mandate that could see taxes being collected using its state-issued cryptocurrency—the oil-backed Petro. The effort is part of a nation-wide campaign to create mainstream use cases for Venezuela’s cryptocurrency.

Tether Discontinues Support for Kusama, Bitcoin Cash SLP, and Omni Layer

Tether Discontinues Support for Kusama, Bitcoin Cash SLP, and Omni Layer

Tether ceases support for Kusama, Bitcoin Cash SLP, and Omni Layer due to evolving crypto needs. The move follows Q2 earnings surpassing $1 billion. Tether remains hopeful for Omni's potential.

CoinSmart Is on the Hunt to Buy Distressed Crypto Assets

CoinSmart Is on the Hunt to Buy Distressed Crypto Assets

The recent market crash is the latest in global financial events that have created unique opportunities for buyers like CoinSmart and FTX wanting to acquire distressed crypto firms at a bargain valuation.

South Korean Telecom Giant and City Government Teams Up to Launch Major Digital Currency

South Korean Telecom Giant and City Government Teams Up to Launch Major Digital Currency

KT, the largest telecom company in South Korea is planning to launch its blockchain-based digital currency in the second biggest city in the country, Busan.

Winklevoss Sees US Stimulus Negotiation Fail as a “Wakeup Call And an Endorsement of Bitcoin”

Winklevoss Sees US Stimulus Negotiation Fail as a “Wakeup Call And an Endorsement of Bitcoin”

Bitcoin billionaire Cameron Winklevoss thinks that this is the perfect opportunity to invest in Bitcoin, as the dollar keep depreciating and US politicians are unable to reach a consensus on a stimulus package budget.

Coinbase Crypto Exchange to Launch Bitcoin-Backed Loans to US Clients

Coinbase Crypto Exchange to Launch Bitcoin-Backed Loans to US Clients

Coinbase announced yesterday that it was going to offer Bitcoin-backed loans to their US customers, set to be in effect for fall of this year.

SEC to Regulate Binance Chain With Blockchain Analytics Firm CipherTrace

SEC to Regulate Binance Chain With Blockchain Analytics Firm CipherTrace

The US Securities and Exchange Commission plans to award CipherTrace blockchain analytics firm with a contract pertaining to Binance Chain.

Data-Hungry: Official Trump 2020 Election App Collects User Data of Voters

Data-Hungry: Official Trump 2020 Election App Collects User Data of Voters

US president Donald Trump’s campaign app “Official Trump 2020 App” raised a lot of skepticism, as it has been uncovered that the election app collected mast amounts of sensitive information on his voters.

Busan's digital exchange plans exclude global crypto exchanges.

Busan's digital exchange plans exclude global crypto exchanges.

Busan, the city of South Korea, has moved a step closer to forming a local crypto exchange. But it has dropped most of the global centralized exchanges from its plan after FTX's collapse. The five exchanges included Binance, Crypto.com, Gate.io, Huobi Global and FTX. Busan City intends to establish an exchange that divides digital assets into securities and non-securities.

Kraken Launches Kusama Parachain Auction Platform,Driving it Surging by 19.07%

Kraken Launches Kusama Parachain Auction Platform,Driving it Surging by 19.07%

Cryptocurrency exchange Kraken official announced to launch of the Kusama Parachain Auction platform. Kraken will support users of the exchange to bid on the Karura and Shiden projects.

Usain Bolt Partners with Step App to Propel Healthier World

Usain Bolt Partners with Step App to Propel Healthier World

Usain Bolt, the 8-time Olympic gold medalist and 11-time world champion, has teamed up with Step App to take fitness and exercise a notch higher by incorporating Web3 and the metaverse.

Blockchain.com Accepts Visa Debit Cards for Crypto Payment

Blockchain.com Accepts Visa Debit Cards for Crypto Payment

Blockchain.com has launched Visa debit cards to enable users to spend from their crypto balances free of charge, with the opportunity to gain cryptocurrency rewards.

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