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Colorado has set the ball rolling as the first U.S. state to offer residents the option of paying taxes in cryptocurrencies. (Read More)
UK’s Channel Islands of Guernsey and Jersey are trying to convince more crypto investing in the jurisdictions. Its regulations are regarded as tax havens to enable crypto investors to escape high taxes. (Read More)
The National Bank of Kazakhstan is warming up to cryptocurrencies, but not at the same pace as some governments that have legalized the trading of cryptocurrencies on their lands. (Read More)
A group of human rights advocates have urged U.S. Congress members to be concerned about the role of importance of cryptocurrencies against unstable economies whose local currencies are collapsing. (Read More)
The year 2022 holds a lot of promises for the broader digital currency industry as a forecast from Insider Intelligence shows adoption of crypto payment will continue to rise. (Read More)
The International Monetary Fund has advised international decision-makers to keep a check on crypto, following deepening concerns highlighted by the war in Ukraine, The Block reported. (Read More)
A surge in fund transfers is expected to expedite the global crypto ATM market to hit $1.185 billion by 2028, according to Vantage Market Research. (Read More)
Bitcoin and other cryptocurrencies have become legal tender in a special economic zone on an island on Honduras' Caribbean coast, officials said. (Read More)
The White House would bring in significantly more revenue over the next decade if the Biden Administration’s budget plan approved to ramp up the national budget. (Read More)
Rio de Janeiro is gearing up to be the first city on Brazilian soil to accept tax payments in cryptocurrencies from 2023. (Read More)
BlackRock Chairman and Chief Executive Officer Larry Fink commented on the role of digital currencies in the ongoing war between Russia and Ukraine. Fink believes countries would be more active to embrace crypto. (Read More)
Speaking at a press conference, Florida Governor Ron DeSantis disclosed plans to roll out a cryptocurrency payment option for businesses remitting taxes. (Read More)
Cryptocurrency is approaching ERISA plans, but the U.S. labour department is taking notice and expressing concern. (Read More)
Following Mastercard and Visa suspension of Russian credit cards abroad due to international sanctions imposed, Thailand, on the other hand, is looking at accepting crypto payments for transactions. (Read More)
Meanwhile, as the war between Russia and Ukraine ravages, Coinbase CEO Brian Armstrong believes that cryptocurrencies are emerging as the lifeline for Russians as the nation faces heavy sanctions. (Read More)
The City of Lugano in Switzerland has entered into a partnership with Tether Operations Limited to drive its technological advancement while enabling its capabilities to allow its residents to pay their taxes through cryptocurrencies.
(Read More)
El Salvador is leaping the dividends of making Bitcoin legal tender. The nation’s tourism industry has recorded a 30% surge since this milestone was attained in September 2021. (Read More)
Colorado Governor Jared Polis has revealed that the state plans to let its residents pay their taxes in digital currencies as early as this summer. (Read More)
Argentinians have resorted to transacting in cryptocurrencies to tame runaway prices, given that annual inflation surged by more than 50%. (Read More)
The Bulgarian government is currently in discussion with industry stakeholders and the Bulgarian National Bank with respect to its crypto payment initiative. (Read More)
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