Koinly, a crypto tax firm located in the United Kingdom, has announced the layoff of 14% of its worldwide staff to tackle the tough circumstances affecting the cryptocurrency sector and economy at large. There will be a total of 16 layoffs, with CEO Robin Singh citing the worsening bear market
Several measures governing cryptocurrency mining in Kazakhstan have been enacted by the Kazakh legislature, including the “On Digital Assets of the Republic of Kazakhstan” bill. There will be new tax laws for cryptocurrencies, advertising for cryptocurrency transactions will be prohibited, and miners will be required to buy only power that
DUBLIN–(BUSINESS WIRE)–The “Blockchain AI Market 2022-2028” report has been added to ResearchAndMarkets.com’s offering. The global blockchain AI market is anticipated to grow at a substantial CAGR of 24% during the forecast period. The growing investments in AI and blockchain technology are boosting the growth of the market over the forecast
DUBLIN–(BUSINESS WIRE)–The “Strategic Insights on Future Smart Parking Systems” report has been added to ResearchAndMarkets.com’s offering. This study offers strategic insights into the technologies and trends affecting the smart parking market. Digital technologies, such as IoT, 5G, and blockchain, have helped consumers locate parking lots through cell phones and vehicle
DUBLIN–(BUSINESS WIRE)–The “Blockchain-as-a-Service: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering. The global market for Blockchain-as-a-Service estimated at US$1.6 Billion in the year 2020, is projected to reach a revised size of US$36.9 Billion by 2027, growing at a CAGR of 56.5% over the analysis period 2020-2027.
DUBLIN–(BUSINESS WIRE)–The “Non-Fungible Tokens (NFT): Global Market” report has been added to ResearchAndMarkets.com’s offering. In this report, the market has been segmented based on market type, asset type, product type, end user, and geography. The report provides an overview of the global NFTs market and analyzes market trends. Using 2021
The exclusivity period for defunct cryptocurrency lender Celsius was extended until February 15, 2023. With the court’s OK, the struggling cryptocurrency lender has a few more months to submit a Chapter 11 reorganization plan. Two court sessions on December 6 resulted in the permission to prolong the term of exclusivity.
According to the Financial Times, the UK Treasury is working to finalize a framework for Crypto regulation. There have been some major legislative shifts in the crypto industry and its interactions with overseas businesses that have made headlines recently. The regulatory status of cryptocurrencies has dominated headlines throughout the FTX
Goldman Sachs (GS), one of the world’s leading digital banking platforms, announced plans to invest $10 million to buy or invest in crypto firms whose valuations have been impacted by the demise of the crypto exchange FTX. According to Reuters, Goldman Sachs’ head of digital assets Mathew McDermott stated that
The United States Federal Trade Commission (FTC) is investigating several cryptocurrency businesses. For what it believes to be fraudulent or misleading cryptocurrency-related advertising. A spokesperson for the Federal Trade Commission, Juliana Gruenwald, was quoted in a Bloomberg article published on December 6. She said that the agency is looking into
