Portuguese Congress Rejects Two Bills Seeking to Tax Crypto
The proposals were submitted by two leftist parties. The government, which also seeks to apply taxes, hasn’t submitted a proposal so far. Original Source
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Regulatory Attention on Terra Could Change South Korean Trading Environment; Bitcoin Goes Sideways
The largest cryptocurrency by market capitalization was recently trading at about $29,700, up slightly and about where it stood 24 and 48 hours earlier. Ether, the second-largest crypto by market cap, was down over a percentage point, still trading a little below the $2,000 level it has held much of
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Nvidia’s Crypto Mining Chip Revenue Now 'Nominal' Following Months of Decline
A drop in crypto mining chip sales dragged down the chipmaker’s OEM business unit year-over-year. Original Source
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Paraguayan Bill Regulating Crypto Mining and Trading Moves Closer to Law
The country’s Senate in December had already passed similar legislation, and the bill will now return to that body with the Chamber of Deputies’ modifications. Once the Senate approves the changes, the pending law would move to the executive branch, which hasn’t yet signaled whether it will sign or veto. Original
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Will Reality Have Its Revenge on Andreessen Horowitz's Giant New Crypto Fund?
The humbled WeWork founder is attempting a rehabilitation through blockchain. The timing couldn't be worse. Original Source
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Bitcoin Stabilizes in Tight Range; Support at $27K, Resistance at $30K-$35K
Bitcoin (BTC) remains neutral and is stuck in a consolidation phase. The cryptocurrency could see a volatile price move once a breakout or breakdown occurs. Indicators are neutral. Original Source
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Consider Digital Assets Instead of Still-Pricey Real Estate, Say JPMorgan Strategists
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Jae Kwon Returns to ‘NewTendermint’ to Battle for the Soul of Cosmos
“He has very strong opinions. But, you know, opinions, in other words, is a strong vision. So if you believe in Jae, he’s gonna lead you very far. And as the creator of the Cosmos ecosystem, he’s made something of massive impact,” said Zhong. Original Source
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Binance to Advise on Crypto Strategy as Kazakhstsan Looks to Boost Industry
The bitcoin mining hub is trying to attract more crypto firms and expand beyond bitcoin mining. Original Source
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Why Is South Korea Throwing Money at the Metaverse?
The goal? According to the Ministry of Science and ICT, the funding will help educate and train 40,000 metaverse professionals in Korea, boost over 200 companies operating in the metaverse space, and, by 2026, turn the country into the fifth-largest metaverse market by number of users. Original Source
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