CRYPTOCURRENCY

 

Crypto News
The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.


WAHED Projects Donates 5 Million WAHED Coins to Fund Autism Research and Therapy
non-profit organization focused on awareness, education and research to improve the care given to children and adolescents on the autism spectrum.
Binance employs Trump audit company to check crypto reserves
Mazars audits Binance's proof-of-reserve (PoR). Mazars' U.S. branch was Donald Trump's longstanding accounting firm. The accounting company is apparently evaluating all of Binance's publicly posted Bitcoin PoR information and will validate future upgrades and tokens.
Italy will tax cryptocurrency earnings 26%
Italy will restrict digital currencies in 2023. Cryptocurrency trading earnings above 2,000 euros ($2,062) will incur a 26% capital gains tax. As "foreign money," digital currencies have enjoyed reduced tax rates. Portugal wants to tax cryptocurrency capital gains at 28%.
New York suggests charging crypto firms for regulation
The New York State Department of Financial Services (DFS) has submitted a proposed change in state laws that would allow it to charge licensed crypto companies for regulating them. The proposal is led by DFS Superintendent Adrienne Harris who is looking for public feedback on the move as the regulator looks to gain further oversight controls.
VRJAM Announces The Initial Exchange Offering Of Its Revolutionary Metaverse Currency, Vrjam Coin
VRJAM, the leading platform for Web3 live events, today announced the launch of its revolutionary new digital currency VRJAM Coin will IEO on the 30th of November via exchanges Gate.io and MexC. VRJAM’s and metaverse crypto-coin is currently valued at $US40M and has attracted investment from 15 of the world's leading web3 focussed VC’s and investors.
Crypto Snack enables RCD Espanyol to become the first football club to integrate crypto payments
Crypto Snack, a global pioneer in cryptocurrency payment solutions, today announced the start of its first phase to enable La Liga’s RCD Espanyol to become the world’s first football club to fully integrate crypto payments.
White House Asks Regulators to Enforce Crypto Rules Citing FTX Crises
White House's Press Sec Karine Jean-Pierre said the administration is monitoring the FTX saga
Crypto Market Cap Slumps Below $900B for the First Time Since Jan 2021
The downfall of FTX has stirred a slump in the combined crypto market cap below $900B
Crypto Exchange Gate.io Floats its Payment Solution Dubbed Gate Pay
Gate.io has launched its own crypto payment gateway dubbed Gate Pay
OCC Issues Update to Organize a Virtual Innovation Office Hours
The US OCC has created virtual office hours to discuss fintech and possibly crypto-related innovations

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