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The SEC’s proposal will be open for public comment for at least two months before the agency will begin its work on a final rule. However, if the proposal requires companies to report more detailed emission disclosures, it may be challenging to comply with, said Zach Bradford, CEO of CleanSpark
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Earlier this year, Indian Finance Minister Nirmala Sitharaman had announced a 30% capital gains tax on crypto, a 1% tax deducted at source (TDS), no offsetting of losses, and taxes on gifts too. There were some expectations that the government could look at easing some of the burden on crypto
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Voell agrees that industrial mining is growing, but suspects that if the space encounters a true bear market, the plucky home miners will be more likely to ride it out. “It’s much more difficult to squeeze a retail miner out of the market,” says Voell. The big shops are only
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United States President Joe Biden signed the Executive Order on Ensuring Responsible Development of Digital Assets on March 9. The order had been expected for several months, giving some in the industry ample time to build up trepidation. Once the executive order, or EO, was released, however, it was met
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With blockchain slowly finding its way into the video gaming industry, sector veterans and executives of nonfungible token (NFT) blockchain WAX believe that there will be more connections between games and blockchain networks in the future.In a Cryptox interview, WAX head of publishing David Kim and WAX Studios head of game
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Earlier on Monday, members of the European Parliament’s Committee on Economic and Monetary Affairs voted against a version of the Markets in Crypto Assets, or MiCA, bill that could have effectively banned proof-of-work-based cryptocurrencies within the EU. This comes as a huge relief for the crypto industry, whose representatives had
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The gaming industry has come a long way from the days of arcades. From Super Mario to Grand Theft Auto, the gaming industry has seen quite a lot of transformation in terms of enhancing the gaming experience. It has made great strides in the last several decades. In fact, the
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Estonia is preparing to enforce a set of new anti-money laundering rules that will stiffen requirements for crypto companies operating under Estonian license. The changes come amid concerns that Russia may use crypto to evade western sanctions and an ongoing audit of the Baltic nation’s AML policies. Government of Estonia Creates
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It has been two weeks since Russia kicked off the first large-scale military action in Europe in the 21st century — a so-called “special operation” in Ukraine. The military conflict immediately triggered devastating sanctions against the Russian economy from the United States, the European Union and their allies and has
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South Korean voters have elected a crypto-friendly president. Yoon Suk-yeol of the conservative People Power Party has vowed to deregulate the crypto industry and introduce favorable tax laws for crypto investors. “To realize the unlimited potential of the virtual asset market, we must overhaul regulations that are far from reality
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