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Digital Gold Traded for Digital Rubles by Russia’s Rosbank

Digital Gold Traded for Digital Rubles by Russia’s RosbankRosbank has brokered Russia’s first deal involving the exchange of tokenized gold with the digital version of the Russian national fiat currency, the ruble. The successful transaction demonstrates the growing interest in digital financial assets and the need for digital ruble payments, the banking institution stated. Rosbank and Atomyze Exchange Gold and Rubles in Digital […]

Zimbabwe Devalues Gold-Backed Currency by 44%

Alameda Research Seeks $446 Million Over Alleged ‘Preferential Transfers’ to Voyager Digital

Alameda Research Seeks 6 Million Over Alleged ‘Preferential Transfers’ to Voyager DigitalOn Monday, Alameda Research Ltd. filed a legal complaint against Voyager Digital LLC and HTC Trading Inc. in the U.S. bankruptcy court. The complaint alleges the defendants received preferential transfers of property from Alameda Research and the plaintiffs are seeking to recover approximately $445.8 million from Voyager and HTC. Legal Battle Erupts Over Crypto Asset […]

Zimbabwe Devalues Gold-Backed Currency by 44%

Bank Buys Bitcoin in Kazakhstan, Country to Develop Crypto Exchange

Bank Buys Bitcoin in Kazakhstan, Country to Develop Crypto ExchangeA financial institution and a coin trading platform in Kazakhstan have teamed up to carry out what they say is the country’s first such joint transaction for the acquisition of cryptocurrency. Meanwhile, Kazakhstan’s leadership has declared readiness to further develop crypto exchange in the nation’s financial hub. First Banking Operation With Crypto Assets Opens Door […]

Zimbabwe Devalues Gold-Backed Currency by 44%

Payments Firm Bolt Scraps Deal to Acquire Crypto Company Wyre

Payments Firm Bolt Scraps Deal to Acquire Crypto Company WyreCalifornia-based online payments company Bolt is pulling out of an agreement to buy crypto provider Wyre. The news of the scrapped deal, which was agreed to earlier this year, comes amid plunging valuations in the crypto and fintech sectors. Bolt Gives Up Plan for $1.5 Billion Wyre Acquisition Bolt Financial, a U.S. technology company headquartered […]

Zimbabwe Devalues Gold-Backed Currency by 44%

Crypto Trading, Investing Illegal in Iran, Central Bank Governor Reiterates

Crypto Trading, Investing Illegal in Iran, Central Bank Governor ReiteratesIt is illegal to buy or sell cryptocurrency in Iran, the head of the country’s monetary authority has recently reminded citizens and businesses. The governor noted, however, that mining cryptocurrencies and using them in payments for imports is not against the law in the Islamic Republic. Top Banker Confirms Crypto Trading Still Illegal in Iran […]

Zimbabwe Devalues Gold-Backed Currency by 44%

Apartment Sold for Bitcoin in Portugal After New Regulation Allows Property Deals in Crypto

Apartment Sold for Bitcoin in Portugal After New Regulation Allows Property Deals in CryptoAn apartment in Portugal has changed hands, with the buyer paying directly in cryptocurrency in a reported first for the country. The home was purchased for 3 bitcoins without conversion to euros, under a new regulation permitting real estate deals with digital currencies. Buyer Pays With Bitcoin for Apartment in Braga, Portugal A three-room (two-bedroom) […]

Zimbabwe Devalues Gold-Backed Currency by 44%

Gibraltar Stock Exchange Receives Purchase Proposal by Blockchain Firm

Gibraltar Stock Exchange Receives Purchase Proposal by Blockchain FirmThe stock exchange of Gibraltar, a British territory, has received a purchase offer by a blockchain firm called Valereum. The purchase, that is set to occur in the new year, if effective, might make the Gibraltar Stock Exchange the first bourse where cryptocurrencies and stocks could be traded with cryptocurrencies. Regulators are currently reviewing this […]

Zimbabwe Devalues Gold-Backed Currency by 44%

Slovenia Prepares to Impose 10% Tax on Spending and Selling Cryptocurrency

Slovenia Prepares to Impose 10% Tax on Spending and Selling CryptocurrencyThe tax authority of Slovenia has put forward a proposal to change the crypto taxation rules in the country, local media reported. The amendments aim to introduce a 10% tax rate for transactions involving the spending or converting of cryptocurrencies into fiat money. Tax Office Wants to Simplify Crypto Taxation in Slovenia The Financial Administration […]

Zimbabwe Devalues Gold-Backed Currency by 44%