Nornickel is one of the largest mining companies in the world. It operates not only in Russia but in southern Africa and western Australia among other countries. Russia’s some of the wealthiest people, such as Vladimir Potanin and Roman Abramovich, as well as Oleg Deripaska, are the main owners of this company. On February 17, …
Russian Company Nornickel and Tokenization Trial Read More »
Crypto-related companies have the opportunity to earn money as a crypto industry is flouring in Asia. For example, in 2019, one Hong Kong-based trading company made millions of dollars. The name of this company is Amber. In 2019, Amber made between $10 and $20 million in revenue, with net profit margins surpassed 50%. Moreover, in …
The crypto industry is evolving, and it has the opportunity to change the lives of many people. The market is flourishing in Asia. Moreover, it is home to at least 80% of global crypto trading. It is not surprising that investors are willing to invest in such companies. Top U.S. crypto investors such as Pantera …
Top U.S. Crypto Investors and Hong Kong-based Crypto Firm Read More »
U.S. authorities, more precisely U.S. Internal Revenue Service (IRS), updated its webpage. This routine decision at first glance contains good news for online gamers. They removed parts of the crypto tax disclosure guideline which classified game tokens as cryptocurrencies. The U.S. Government Accountability Office (GAO) stated that the IRS was not doing enough when it …
U.S. Internal Revenue Service and Crypto Tax Reporting Read More »
FC Barcelona is a famous football club. Moreover, the fourth most valuable sports team in the world. Lionel Messi and his teammates won many titles. It is not surprising that FC Barcelona makes a lot of money. Recently, the world-famous club partnered with fintech platform Chiliz to create a blockchain-based token for the sports franchise. …
North Korea is the most isolated country in the world, and it retains this status for decades. For more than 70 years, the Kim dynasty rules this country. The current leader of North Korea, Kim Jong-un, is the grandson of Kim Il-Sung who was the founder of North Korea. According to U.N. experts, the country …
Last week, Insikt Group, an intelligence arm of United States-based cybersecurity firm Recorded Future, released a study. The title of this study is “How North Korea Revolutionized the Internet as a Tool for Rogue Regimes.” This report helps to learn more about the crypto industry and how the North Korean regime is using cryptocurrencies. The …
Crypto-related companies are working hard to attract new customers. It is not a secret that crypto adoption is a serious challenge due to various factors. Nevertheless, the number of registered continues to rise in Australia. In this country, crypto exchanges should meet certain requirements to receive permission to operate in Australia. For example, a digital …
More than 300 crypto exchanges are registered in Australia, according to the government agency overseeing the crypto industry. The Australian Transaction Reports and Analysis Centre (AUSTRAC) is the country’s financial intelligence agency and anti-money laundering regulator. This agency is regulating the crypto industry since April 2018. AUSTRAC is working hard to minimize the risks connected …
The Number of Registered Crypto Exchanges Surpassed 300 Read More »
The crypto industry is actively developing and countries step-by-step started to realize the importance of cryptocurrencies. Some former Soviet countries are also willing to embrace crypto-related businesses such as Ukraine. Last year, Ukraine adopted the law against money laundering in accordance with the latest Financial Actions Task Force recommendations. For the first time in history, …
Ukrainian Authorities are Ready to Embrace Crypto Mining Read More »
The current President of Ukraine, Volodymir Zelensky, country’s government along with parliament, are working hard to make the country more crypto-friendly. Last week, the country’s Ministry of Digital Transformation published a manifesto connected with this topic. This manifesto is helpful as this ministry is responsible for the digitization of Ukraine’s economy. Consequently, the information provided …
Ukraine’s Ministry of Digital Transformation and Crypto Read More »
Cryptocurrencies became more popular as more people are willing to invest in various crypto-related projects. Moreover, even central banks decided to learn more about this emerging technology. Japan is a technologically advanced country. Thus, it has the opportunity to develop its national crypto currency. Last week, Japanese lawmakers submitted a proposal to the Japanese government. …
Coronavirus outbreak affected various industries in the region. Organizers had to postpone the crypto conference. Thus, the TOKEN2049 crypto conference scheduled for March 17-18 will take place in October. Organizers of this crypto conference in Hong Kong made the correct decision. Even though the number of confirmed cases in the city is low, it is …
There are a lot of cryptocurrencies. However, Bitcoin retains the status of a market leader when it comes to market capitalization. Nevertheless, from the beginning of the year, other major cryptocurrencies except Stablecoin Tether achieved better results than Bitcoin. The price of Ethereum, which is a second-biggest cryptocurrency on the market, increased by 60% while …
Bitcoin is the biggest crypto money when it comes to market capitalization. This week, Bitcoin’s price approached $10,000. As a result, the price reached the highest point since October 2019. However, it failed to surpass the key threshold. It is important to mention that the price of cryptocurrency number one rose by almost 40% from …
The price of Bitcoin, Ethereum and Major Cryptocurrencies Read More »
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