PRESS RELEASE. Cryptocurrency enthusiasts, blockchain developers, and AI innovators—brace yourselves. A revolutionary player is stepping onto the global stage that promises to redefine decentralized technology. Enter Lightchain AI, a game-changing blockchain challenger poised to integrate Artificial Intelligence and decentralized finance like never before. And here’s the big reveal—Lightchain’s highly anticipated testnet goes live at the […]
Kenya Set to Embrace Cryptocurrency: Government Prepares Legislation to Regulate Virtual Assets
Kenya is set to introduce legislation that would permit the use of cryptocurrencies. Kenyans Retain Interest in Crypto Despite Government Opposition Kenya is preparing legislation that would allow the use of cryptocurrencies, a senior official in President William Ruto’s government has said. In a statement explaining the policy shift, Kenyan Treasury Cabinet Secretary John Mbadi […]
China Prepares for Western Sanctions With Russia’s Economic Blueprint
China is closely studying Russia’s strategies for countering Western sanctions, viewing the situation as a model for preparing against similar economic measures in case of a Taiwan conflict. Beijing has reportedly formed an interagency group to analyze Russia’s experiences, from foreign reserve diversification to sanctions evasion tactics like shadow fleets and alternate trade routes. Chinese […]
XRP’s Legal Status Unshaken Amid SEC Appeal – Ripple Prepares Counterstrike
Ripple’s legal chief has reaffirmed that the core ruling declaring XRP not a security remains intact despite the appeal by the U.S. Securities and Exchange Commission (SEC). The regulator’s move challenges several other aspects of the July 2023 ruling regarding XRP. Ripple plans to file a cross-appeal, as both parties brace for a prolonged legal […]
Italy Targets Bitcoin With Capital Gains Tax Hike as EU Prepares for MiCA Regulations
Italy plans to raise its capital gains tax on bitcoin to 42%, up from 26%, as part of efforts to fund election promises and curb the fiscal deficit. The government cites growing bitcoin adoption as a key factor. This comes as the European Union prepares to implement its Markets in Crypto-Assets Regulation (MiCA), aiming to […]