Crypto News

Belarus has determined the procedure for collecting cryptocurrencies

Belarus has determined the procedure for collecting cryptocurrencies

The Ministry of Justice of Belarus has established the procedure for collecting digital currencies as part of enforcement proceedings. This is reported on website departments. The document was adopted for the implementation of the February decree on the creation of a register of bitcoin walletsused in illegal activities. Accounting for seized or arrested cryptocurrencies should be carried...

Tax RF proposed to allow Russian companies to make payments in crypto-currencies

Tax RF proposed to allow Russian companies to make payments in crypto-currencies

The Federal Tax Service (FTS) of the Russian Federation proposed to the Ministry of Finance to allow Russian companies to pay for export-import transactions in cryptocurrencies. They write about it "News". The Federal Tax Service outlined the initiative in comments to bill "On digital currency". Despite many disagreements on the regulation of cryptocurrencies, the Ministry of...

Infrastructure Blockchain Startup BlockApps Raises $41M

Infrastructure Blockchain Startup BlockApps Raises $41M

Enterprise-focused blockchain infrastructure startup BlockApps has raised $41 million in funding round led by Liberty City Ventures. Ethereum-focused BlockApps raised $41 million to expand into enterprise blockchain https://t.co/PXnqIbcbCM by @jacqmelinek — TechCrunch (@TechCrunch) April 19, 2022 Its participants were new investors - Morgan Creek Digital, Eidetic Ventures and Givic. Investments in the company increased ConsenSys, Bloccelerate, Fitz Gate...

Binance.US Licensed in Puerto Rico

Binance.US Licensed in Puerto Rico

The US division of the bitcoin exchange Binance has received a money transfer provider license from the financial regulator of Puerto Rico. Excited to add another Money Transmitter License, as #PuertoRico marks our fourth in four months. We’re working to acquire the few remaining licenses that will allow us to operate in all U.S. states and...

The IMF allowed the use of mining by Russia to ease sanctions

The IMF allowed the use of mining by Russia to ease sanctions

Additional income from cryptocurrency mining will allow Russia to mitigate the effect of sanctions. About it says in a new report from the International Monetary Fund (IMF). According to the organization, having huge energy resources, the Russian Federation can try to monetize them bypassing exports. The IMF has not ruled out that Russia is using decentralized exchanges...

UK tax service will revoke the status of the Moscow Exchange

UK tax service will revoke the status of the Moscow Exchange

The UK Revenue Service (HMRC) intends to revoke the status of the Moscow Exchange as a recognized stock exchange due to the February ban on brokers from selling assets at the direction of non-residents of the Russian Federation. About it says in a document on the agency's website. Read Also: The Securities and Exchange Commission (SEC)...

Arcane Research Bitcoin-Tech Stocks Correlation Hits Highest Since July 2020

Arcane Research: Bitcoin-Tech Stocks Correlation Hits Highest Since July 2020

The correlation between bitcoin and the Nasdaq Composite index reached its highest since July 2020. These observations shared by Arcane Research analysts. A similar indicator (30-day moving average) between the first cryptocurrency and gold has fallen to a historical low, with the dollar - to a minimum since March 2020.              ...

Framework Ventures will create a fund with assets of $400 million

Framework Ventures will create a fund with assets of $400 million

Crypto-focused firm Framework Ventures has raised $400 million to set up a new investment fund. 1/ Framework Ventures has raised $400 million for our third crypto fund, dubbed “FVIII”, bringing our total AUM over $1.4 billion. Approximately half, or $200 million, is earmarked for the rapidly growing blockchain gaming space.@business:https://t.co/Eg6mBaWJ70 — Framework Ventures (@hiFramework) April 19, 2022 Approximately half...

Crypto exchange CoinDCX raises $135M to develop Web3 in India

Crypto exchange CoinDCX raises $135M to develop Web3 in India

Cryptocurrency exchange CoinDCX has completed its Series D funding round, raising $135 million to support various Web3 and crypto initiatives in the country. This funding round doubled CoinDCX's valuation to $2.15 billion, making it the most valuable crypto company in India. The round was led by Pantera and Steadview. Famous investors such as Kingsway, DraperDragon and...