How Crypto and Volunteering Help Ukraine
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.____
Chinese Messaging App Wechat Reportedly Suspends Accounts Linked to NFTs
Wechat, the Chinese messaging app, has reportedly suspended accounts that are linked to non-fungible tokens (NFTs). The objective of the crackdown is to stop the use of the affected accounts…
People’s Bank of China Includes 11 More Cities in Digital Yuan Pilot Program
The People’s Bank of China has announced that its digital yuan program will add 11 more cities to its experimental pilot plan. The post People’s Bank of China Includes 11…
Funds from Biggest Ever DeFi Hack Started Moving
$610 million stolen from the Ronin bridge are now being “washed”
Crypto Trading Volumes on Indian Exchanges Drop 15%–55% After New Tax Law
Cryptocurrency exchanges in India have seen trading volumes drop between 15% and 55% since the new tax law came into effect on April 1. The post Crypto Trading Volumes on…
DBS Retracts Plans to Launch Crypto Exchange for Retail Investors, Cites Regulatory ‘Environment’ Concerns
The Asian banking giant DBS appears to have reeled in plans to open its crypto exchange services to retail investors – and has apparently been spooked by regulatory concerns.
Aussie convenience store giant to accept crypto at 170 outlets
On The Run (OTR) will work with Crypto.com to implement its Pay Merchant product, with a Sydney payment systems provider rolling out new terminals to allow consumers to pay with…
Indonesian Government Sets Crypto Tax at 0.1% to Be Levied Starting in May
The Indonesian government has decided to tax capital gains income from crypto investments at 0.1% starting in May. In addition, value-added tax (VAT) of the same rate will be levied…
Coinbase to invest in Indian crypto and Web3 amid tax regulation clarity
Coinbase Ventures will conduct an in-person pitching event in Bengaluru to help accelerate India’s financial inclusion goals via crypto and Web3 investments.