Kazakhstan President Calls for Tax Increase on Crypto Mining: Report
The government is looking to increase a special tax on mining fivefold, weeks after it came into effect. Source
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Report
Animoca in Talks for Infusion From KKR as Funding Round Swells to $500M: Report
Global investment company KKR is in talks to join Animoca Brands' latest financing, taking its funding from the round to around $500 million. Original Source
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FSInsight report says a single spark could see BTC 5X
Financial research firm FSInsight predicts in a new report that Bitcoin could reach $222,000, and Ether could reach $12,000, by the end of 2022.At current prices of BTC ($43,350) and ETH ($3,080), that would mean a nearly five-time and four-time increase in price for each coin respectively.The Digital Assets In
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Japan's Biggest Bank to Issue Yen-Pegged Stablecoin for Settlement: Report
Mitsubishi UFJ Trust is set to issue a stablecoin as a means of payment in aiming to bring about instant settlement of securities transactions. Source
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4 key takeaways from KPMG Pulse of Fintech Report
As Bitcoin (BTC) and altcoins took a break from reaching new all-time highs, the market sentiment seems gloomy since the start of 2022. However, while the market seems to be sleeping, its trajectory shows that there’s more to look forward to in the coming months.Multinational professional services network KMPG published
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EU Weighs Potential Metaverse Regulation: Report
The European Union (EU) is analyzing the metaverse and what potential regulatory action will be required, one of its commissioners has said. Original Source
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US Jobs Report Shows Gain of 467,000 in January, Exceeding Expectations
The count of jobs gained or lost is measured through a survey that asks employers for the number of workers they have on their payrolls during the period of measuring. That excludes workers who were out sick, or missed work for other reasons, like taking care of someone or quarantining.
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Global crypto adoption could ‘soon hit a hyper-inflection point’: Wells Fargo report
Wells Fargo Investment Institute, the research division of Wells Fargo Wealth and Investment Management, has released a report highlighting the potential of cryptocurrencies as an investment opportunity akin to the early days of the internet. In a Monday report titled, "Cryptocurrencies — Too early or too late?" the banking giant referred to cryptocurrencies
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Myanmar’s Military Government Plans Digital Currency Launch: Report
The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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North Korea Used Stolen Crypto to Fund Missile Program: Report
North Korea stole more than $50 million from cryptocurrency exchanges, a United Nations report says, according to Reuters. Source
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