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Philippine regulator tells Axie Infinity players they must pay tax on income from game

Amid the enormous success of crypto-powered game Axie Infinity in the Philippines, the local Department of Finance has made clear that it wants a cut of profits generated by playing Axie and other play-to-earn games.An August 23 report from Inquirer cites Philippine Finance Undersecretary Antonette Tionko as clarifying that any

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How video game job markets may develop  – Cointelegraph Magazine

If you thought remote work was game-changing, wait until video game work gains traction. Blockchain-based NFT games such as Axie Infinity and Splinterlands have demonstrated that a play-to-earn business model has the potential to revolutionize the gaming industry.Pandora’s box has been opened, so to speak, and play-to-earn is here to

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Bitcoin mining ban in China a ‘game changer’ for electric vehicle adoption

Following Beijing’s crackdown on energy-sapping Bitcoin (BTC) mining, Guizhou province has become the country’s first to make use of its freed-up power capacity to advance a climate-conscious agenda. The hydroelectric-rich southern province has recently announced a plan to build at least 4,500 electric vehicles (EV) charging stations in 2021. This will

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