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Businesses show interest in Web3, despite US regulatory challenges

Consensus, the annual crypto and blockchain conference, attracted over 15,000 attendees, 220 sponsors and 410 speakers to its 2023 edition in Austin, Texas, despite recent regulatory struggles around cryptocurrency adoption in the United States. The turnout at Consensus 2023 demonstrated that U.S.-based companies and international organizations are still very much interested

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Coinbase Shares Wells Response, Challenges SEC’s Change in Attitude Towards Its Core Businesses – Bitcoin News

On April 27, Coinbase, the crypto exchange based in San Francisco, made public the disclosure of its response to the Wells notice it had received from the U.S. Securities and Exchange Commission (SEC) back in March. The company maintained that the regulatory body’s enforcement actions were in direct contrast to

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The Sandbox partners with Ledger Enterprise to secure metaverse businesses

A decentralized Metaverse platform, The Sandbox, will partner with security solution provider Ledger Enterprise to develop security integration for its partners. The latter will get their nonfungible token (NFT) collections migrated to the Ledger wallet. The Sandbox announced a partnership in its official blog on Apr. 23. The collaboration will include

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Ripple launches liquidity hub for businesses to bridge the crypto liquidity gap

Fintech firm Ripple has launched its liquidity solution for businesses to bridge the gap between crypto and fiat. Ripple liquidity hub was launched on April 13 after a successful pilot last year.The service operates as a stand-alone solution in addition to Ripple’s popular cross-border payments service called on-demand liquidity (ODL). This

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Tax Benefits for Bitcoin Businesses in Belarus Extended Until 2025 – Taxes Bitcoin News

Tax exemptions for companies and individuals legally working with cryptocurrencies in Belarus will remain in place until Jan. 1, 2025. A new presidential decree extends the tax cuts introduced in 2018 when the executive power in Minsk legalized crypto activities such as mining and trading. Belarus to Maintain Its Crypto-Friendly Tax

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Alibaba Agenda to Restructure Its Businesses Stokes Speculation Regarding Suspended Ant Group IPO

As the tech space digests the Alibaba news, attention also shifts to what becomes of Ant Group’s 2020 suspended IPO.  The decision by Alibaba Group (NYSE: BABA) to split its business into 6 places has renewed focus on the suspended Ant Group IPO. At the beginning of the week, Alibaba announced plans to split into 6 independent

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Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses – Bitcoin News

According to a recent white paper published by four members of the law firm Cooper & Kirk, PLLC, U.S. bank regulators are attempting to “drive crypto businesses out of the financial system.” The paper, titled “Operation Chokepoint 2.0,” claims that after laying the groundwork by labeling lawful businesses as “reputationally

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10 ways communities can attract Web3 businesses to set up shop

Local communities are always in the business of attracting businesses. A diverse foundation of companies in a region brings many things with it, including new residents, higher tax receipts, and more and better educational, recreational and health amenities. Forward-looking communities may well be looking for ways to become magnets for

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