government

  • What crypto hodlers should keep in mind as tax season approaches

    • February 2, 2023
    • Posted by: Bogdan
    • Category: Bitcoin Regulation, Cryptocurrencies, government, IRS, Taxes, US Government
    No Comments

    Filing taxes for cryptocurrency can be a confusing and daunting task for many individuals. The United States Internal Revenue Service (IRS) treats cryptocurrency as property subject to capital gains taxes. Knowing this appears to make filing crypto taxes simple, but crypto’s unique nature means there are many unanswered questions. Accurately reporting gains and losses can

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  • Blockchain provider SIMBA Chain awarded $30M by US Air Force STRATFI program

    • January 31, 2023
    • Posted by: Bogdan
    • Category: government, Security, Technology, united states, US Government
    No Comments

    Blockchain solutions provider SIMBA Chain has been selected for a $30 million Strategic Technology Focus Initiative (STRATFI) by the United States Air Force (USAF). The initiative is focused on identifying and advancing technologies that could secure the future dominance of the U.S. Air Force.  According to the announcement, the investment will be used to develop blockchain

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  • Top 5 Bitcoin documentaries to add to your watchlist

    • January 31, 2023
    • Posted by: Bogdan
    • Category: Banking, bitcoin, Crypto, documentaries, government
    No Comments

    Bitcoin documentaries play an important role in educating and informing the public about the cryptocurrency space. They can help to demystify complex concepts and technology, making them more accessible to a wider audience. Additionally, documentaries can provide a historical perspective on the development of Bitcoin (BTC) and the cryptocurrency industry, helping to contextualize current events

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  • Genesis Capital’s fall might transform crypto lending — not bury it

    • January 28, 2023
    • Posted by: Bogdan
    • Category: Celsius, government, law, Trading
    No Comments

    Is crypto lending dead, or does it just need better execution? That’s a question asked with more urgency in the wake of Genesis Global Capital Jan. 19 bankruptcy filing. That, in turn, followed the demise of other prominent crypto lenders, including Celsius Network and Voyager Digital in July 2022, and BlockFi, which filed for Chapter

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  • Surojit Chatterjee to retain 249,315 shares of Coinbase stock after departing company

    • January 24, 2023
    • Posted by: Bogdan
    • Category: Coinbase, Cryptocurrencies, Cryptocurrency Exchange, government, Technology
    No Comments

    Surojit Chatterjee, the former chief product officer at Coinbase, will officially leave the company on February 3rd after reportedly making an estimated $105 million in stock sales.  According to disclosures filed with the Securities and Exchange Commission, Chatterjee will also retain 249,315 shares of Coinbase stock. At the time of publication, Coinbase stock was valued

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  • UK gov’t is hiring a central bank digital currency lead for Treasury team

    • January 24, 2023
    • Posted by: Bogdan
    • Category: CBDC, government, Job, regulation, United Kingdom
    No Comments

    HM Treasury in the United Kingdom has begun calling for applicants to lead the central bank digital currency team behind efforts towards a digital pound. In a job posted to LinkedIn on Jan. 24, the U.K. Treasury called for a team lead for its Payments and Fintech Team of roughly 20 people focused exploring on

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  • Metaverse not the endgame, but ‘ongoing digital transformation’: Davos 2023

    • January 19, 2023
    • Posted by: Bogdan
    • Category: consumer tech, davos, government, Metaverse, Web3
    No Comments

    The metaverse has been a buzzword inside and out of the Web3 world over the last year. Moreover, development in the metaverse is something that has remained strong relative to the overall turmoil of the decentralized space. It is also a hot topic at the 2023 World Economic Forum (WEF) in Davos, Switzerland. The WEF

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  • Seoul government opens city’s metaverse project to public

    • January 16, 2023
    • Posted by: Bogdan
    • Category: business, government, Metaverse, South Korea
    No Comments

    The Seoul Metropolitan Government has launched its Metaverse Seoul project, allowing residents of the South Korean capital city to access city services in a virtual environment. In a Jan. 16 press briefing, Seoul Mayor Oh Se-hoon announced the launch of the first phase of Metaverse Seoul following beta testing of the project. According to the

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  • Crypto lender Nexo wants to sue Bulgaria after office raids

    • January 13, 2023
    • Posted by: Bogdan
    • Category: Bulgaria, Court, Cryptocurrencies, government
    No Comments

    Troubled cryptocurrency firm Nexo is planning to sue the Bulgarian government in the aftermath of massive raids at the company’s offices in Sofia. Nexo has complained about the actions of the law enforcement authorities in response to the investigation against the firm, the Bulgarian News Agency reported on Jan. 13. The company is reportedly preparing to

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  • US House Republicans plan to establish crypto-focused subcommittee: Report

    • January 12, 2023
    • Posted by: Bogdan
    • Category: congress, government, politics, regulation, united states
    No Comments

    Republicans in the United States House of Representatives reportedly plan to step up their oversight of the crypto industry with the creation of a new subcommittee. According to a Jan. 12 report from Politco, North Carolina Representative Patrick McHenry, chair of the House Financial Services Committee, said he planned to set up the subcommittee in

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