An industry organization in Japan has suggested that the government should reform taxation rules for crypto assets and transactions. Its members are convinced that the current tax regulations hinder growth of the Web3 economy in the country and discourage taxpayers from holding and using cryptocurrencies. Japan Government Asked to Amend Tax Laws for Crypto Gains […]
In a court filing released Wednesday, the U.S. Department of Justice dropped campaign finance charges against disgraced FTX co-founder Sam Bankman-Fried. Prosecutors said the charges were dropped in accordance with U.S. treaty obligations to the Bahamas. Sam Bankman-Fried Cleared of Campaign Finance Charges Campaign finance charges against Sam Bankman-Fried, co-founder and former CEO of FTX, […]
Ethena, a protocol that seeks to build a banking system independent stablecoin, has announced that it has raised $ 6.5 million in its seed round. The round, led by Dragonfly, aims to help issue Ethena’s decentralized stablecoin product in Q3 2023, which was inspired by an article written by former Bitmex CEO Arthur Hayes. …
WordPress’ admin is on deck for a long-awaited makeover after Gutenberg lead architect Matías Ventura published plans for a revamped admin design as part of the Phase 3: Collaboration road map. “As WordPress turns twenty years old, the overall aim of this work is to improve upon this experience at a foundational …
Russia’s second-largest bank’s chairman says by imposing sanctions on Russia, the West has “demolished the global trade system and caused an inflation surge.” Pointing to the U.S. banking crisis as an example, he stressed: “This is virtually the largest financial and banking crisis since 2008, and it is already spreading to Europe.” ’Sanctions Against Russia […]