In regions like Sub-Saharan Africa, the traditional banking infrastructure that is used daily worldwide is often inaccessible to a vast population. However, as a result of this lack of access, there are many innovative financial services working hard to ensure significant strides in this area. Neobanks and cryptocurrency platforms are
The South Korean ruling party, conservative People Power Party (PPP) is considering postponing the taxation of cryptocurrency investment gains with a 20 percent tax to January 2028. Cryptocurrency income taxation scheduled earlier in October 2021. As the tax law passed by the National Assembly during the former president, Moon Jae-in’s
The crypto market witnesses long-term profits intermittently with traders profiting from yearly price increases. In the last 9 hours, a wallet address suspected to be well-known pseudonymous trader GCR, aka Gigantic Rebirth had inflows of $8.3 million in profits by selling 1.08 million tokens of memecoin MAGA (TRUMP). According to
Polygon (MATIC) and Solana experience drops, while BlockDAG projects significant growth to $1 by Mainnet launch and $30 by 2030. Pawfury’s presale success propels it towards $5 by 2025 with upcoming exchange listings. Helium and ApeCoin also show positive trends in the market. Polygon (MATIC) faces a potential decline to
Since US stocks have turned around, Bloomberg analyst Mike McGlone predicts that the Fed will soon reduce interest rates. At a critical juncture in the economic landscape after the pandemic, this prediction arrives as the Federal Reserve has been sending mixed signals on a possible change in monetary policy. It
When it comes to the US government’s handling of cryptocurrency laws, Solana co-founder Anatoly Yakovenko has openly criticized the approach. Yakovenko voiced his concerns on the X platform. He likened the government’s attitude to regulation to the chaos in the healthcare industry. Consider the efficiency of the healthcare sector for
As the cryptocurrency world marks a pivotal moment, Ripple enthusiasts are commemorating the first anniversary of a significant legal triumph. Stuart Alderoty, Ripple’s Chief Legal Officer, recently shared reflections ahead of this milestone, highlighting the impact of Judge Torres’ Summary Judgment in the SEC v Ripple lawsuit. “At its core,
The history of crypto’s battle with the SEC dates back several years. Amid the recent anti-SAB voting, the SEC has announced making exceptions for certain custody banks and broker dealers in crypto reports. This announcement has caused quite a stir, raising speculations in the market. Recently, Fox Reporter Eleanor Terrett
According to a regulatory document made public on July 12, the US SEC has ended its three-year investigation into Hiro Systems. The firm is the developer of Stacks layer-2 blockchain. And was involved in the $70 million token sales that took place from 2017 to 2019. Since its 2018 inception,
The developer of the contentious crypto mixer Tornado Cash, Alexey Pertsev, was recently refused release by a court in the Netherlands. The continuing legal issue involving the crypto mixer continues with this new verdict. This was handed out on Friday, July 12. While he gets ready to appeal his conviction,
