The New Mendoza Tax Administration crypto payment service turned on as of Aug. 24. In another shift toward widespread crypto adoption in Argentina, citizens from the Mendoza Province can now pay government fees and taxes using cryptocurrencies.  In an Aug. 27 statement, the Mendoza Tax Administration (ATM) described the new crypto payment service as fulfilling...Continue Reading

One study indicated the NFT market is headed for a $230 billion valuation by 2030 — an increase of more than 20 times compared to its height in 2021. There is no denying that nonfungible tokens (NFTs) have taken a hit in recent months. Market conditions have plunged, scams and hacks are frequent, and there...Continue Reading

The response comes as Ripple Labs and other critics believe the SEC has overstepped its mark on the enforcement of the crypto space. Ripple Labs General Counsel Stu Alderoty has hit back at a recent opinion piece by Security and Exchange Commission chairman Gary Gensler, arguing that the regulator’s crypto market shakedowns aren’t protecting consumers. ...Continue Reading

Smart contracts governing DeFi platforms identified as a particular cause for concern for the enforcement agency. The U.S Federal Bureau of Investigation (FBI) has issued a fresh warning for investors in decentralized finance (DeFi) platforms, which have been targeted with $1.6 billion in exploits in 2022.  In an Aug. 29 public service announcement on the...Continue Reading

He claims that the recordings were a setup by a third party to discredit the lawyer and his firm, but the “whistleblowing” website is standing by its story. Kyle Roche, the lawyer at the center of allegations made by website Cryptoleaks about a secret agreement between his firm and Ava Labs, responded Monday in a...Continue Reading

The move comes one month after the CAR rolled out the new incentive to boost crypto innovation in the country. According to Reuters, on Monday, the Central African Republic’s (CAR) Constitutional Court said that the purchase of citizenship, e-residency and land using its government-backed Sango digital currency is unconstitutional due to the absence of market...Continue Reading

A Korean translation of the EU regulatory framework gave the Bank of Korea food for thought, and it shared its views on ICOs, stablecoins and protecting innovation. The South Korean central bank has indicated that initial coin offerings (ICOs) will be allowed under the Digital Assets Framework Act, according to a local news report. That...Continue Reading

Bitcoin bulls are fighting to hold the $20,000 level and several altcoins have seized upon the range-bound trading by rallying up to 10%. The United States equities markets are attempting to stabilize after the carnage on Aug. 26. On similar lines, Bitcoin (BTC) is also witnessing a see-saw battle near the psychological level of $20,000...Continue Reading

“This will enable people to connect their digital wallets once to either app in order to share their digital collectibles across both,” said Meta. Facebook and Instagram users can both post nonfungible tokens, or NFTs, and digital collectibles to their accounts by linking their wallets. In a Monday update to a May 10 blog post,...Continue Reading

ASIC prepares to put crypto and DeFi firmly in its sights. Australia’s Northern Territory Racing Commission is preparing to adopt cryptocurrencies in gambling Australia’s financial regulator, Securities and Investments Commission (ASIC), has pledged to put crypto assets and decentralized finance (DeFi) firmly in its sights over the next four years. The regulator intends to focus...Continue Reading