Follow us on Google News The governor of the Hungarian Central Bank, György Matolcsy, has called for a ban on cryptocurrency activity in the EU. All crypto operations, including trading and mining, should be forbidden in European countries, according to…
Follow us on Google News According to the BBC, the UK’s tax department, Her Majesty’s Revenue and Customs (HMRC) have confiscated three NFTs as part of a larger investigation into VAT (value-added tax) fraud. HMRC has seized an NFT for…
Follow us on Google News On Friday, the state of Idaho introduced a bill to define digital assets as personal property in the second regular session of 22. The bill, if passed, will be named the “digital assets act.” The…
Follow us on Google News Scams involving cryptocurrency are painful for investors, and they appear to be on the rise. Why? More people than ever before are adopting digital assets. As a result, con artists have a plethora of targets…
Follow us on Google News McDonald’s, the American fast-food company founded in 1940, has filed 10 trademark applications that explain ambitions to offer virtual restaurants and other digital-based items, after a spate of well-known businesses seeking trademarks for metaverse related…
Follow us on Google News Gucci is expanding its presence in the metaverse for its Gen Z-focused platform Gucci Vault by launching its virtual environment on the digital real estate marketplace The Sandbox. The Sandbox, which allows people and businesses…
Follow us on Google News Gunna has categorically denied any connection in the Pushin Peth crypto fraud, taking to social media to clarify the situation, saying that his Twitter account was hacked to promote the scam. Gunna had promoted the…
Follow us on Google News Hundreds of thousands of dollars in digital currency donations have been poured into Ukrainian non-governmental organizations (NGOs) and volunteer groups, according to a report released on February 8 by blockchain analytics firm Elliptic. According to…
Follow us on Google News According to US Treasury Undersecretary for Domestic Finance Nellie Liang, technology companies that aren’t licensed as banks shouldn’t offer crypto stablecoins. Liang told members of the House Financial Services Committee that companies that issue tokens…
Follow us on Google News The Central Bank of Ireland, which controls foreign funds with over €4 trillion in assets, warned on Tuesday that allowing funds aimed at non-professional investors to engage in cryptocurrencies is “very improbable” since they are “extremely dangerous and speculative.” The comment, which appears in the regulator’s second annual Securities Risk Outlook Report, primarily concerns mutual funds known as Undertakings for Collective Investment in Transferable Securities (Ucits), which cater to retail investors and account for roughly three-quarters of Irish-domiciled funds. According to the survey, whether Ucits and another type of fund called Alternative Investment Funds (Aifs), primarily aimed at professional investors, can invest in digital or crypto-related assets have increased in recent months.…
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