Markets
Kenya Considers Taxing Crypto, NFT Transfers, and Online Influencers
Kenyan lawmakers are considering a 3 percent tax on the transfer of cryptocurrencies and non-fungible tokens, and a 15 percent tax on online monetized content, under a newly introduced bill.Seth RowdenVoyager creditors could start receiving funds in 'coming weeks'
Funds on the platform of bankrupt cryptocurrency broker Voyager Digital could begin returning to creditors in the "coming weeks," the Voyager creditors committee saidSeth RowdenMontana Governor Signs Pro-Crypto Mining Bill into Law
Montana Governor Greg Gianforte has signed a bill that primarily prevents local governments in the state from passing laws banning cryptocurrency mining.Seth RowdenNorth Carolina House Passes Bill Banning CBDC Payments to the State
The North Carolina House of Representatives has unanimously passed legislation aimed at banning payments to US states using central bank digital currencies, or CBDCs.Seth RowdenUK comments on AI development: It could 'drive massive economic growth'
UK comments on AI development: It could 'drive massive economic growth'Seth RowdenFrench Senate proposal would allow influencers to promote cryptocurrencies
The Economic Affairs Committee of the French Senate recently approved an amendment to pending legislation that would allow registered cryptocurrency companies to hire social media influencers for advertising and promotions.Seth RowdenFBI, Ukraine Seize 9 Exchange Domains Over Money Laundering Allegations
The FBI and Ukrainian law enforcement have seized the domain names of nine digital currency exchanges suspected of aiding and abetting cybercriminals.Herman HayesRetail CBDCs bring unknown 'consequences' to financial system - IMF Director
The managing director of the International Monetary Fund has claimed that a retail central bank digital currency (CBDC) could have myriad unforeseen “consequences.”Seth Rowden3AC founder faces new trouble in Dubai over new exchange OPNX
Su Zhu and Kyle Davis, co-founders of failed cryptocurrency hedge fund Three Arrows Capital (3AC), have run into new troubles running and promoting their new digital asset platform, Open Exchange, or OPNX, without getting all the money in Dubai. local license required.Seth RowdenAva Labs Founder Awarded $3M in Cryptocurrency Defamation Suit
Ava Labs founder and CEO Emin Gün Sirer has reportedly won a defamation lawsuit against a cryptocurrency influencer and awarded him $3 million in damages.Seth RowdenIndustry Heavyweights Respond to UK's Proposed Regulatory Framework for Cryptoassets
The deadline for comments on the consultation paper and for the UK Treasury to publish evidence on a proposed regulatory framework for crypto assets has arrived.Seth RowdenThe new Cosmos chain will use liquidity from other networks to stake tokens for security
A new Cosmos-based blockchain called “Tenet” will use liquid collateralized coins from other networks to secure its transactions, potentially allowing the new network to inherit the security of the old, according to a May 3 announcement from the developer. .Seth RowdenBitcoin BRC-20 token standard becomes new destination for meme tokens
Bitcoin's BRC-20 token standard has become the latest trend in the crypto ecosystem, especially after the rise of the Pepe (PEPE) meme coin in recent months.Seth RowdenSports Illustrated Launches Polygon-Based NFT Ticketing Platform
On May 2, SI Tickets, the ticketing subsidiary of Sports Illustrated, launched the Box Office platform, a self-service event management and primary ticketing solution powered by the Polygon blockchain.Seth RowdenBlur NFT Loans Over $16M Led by Machi Big Brother
According to data from Dune Dashboard user @beetle, non-fungible token (NFT) marketplace Blur facilitated 8,820 ether ($16.37 million) in loans via permanent NFT lending protocol Blend a day after its launch.Seth RowdenSotheby's Auction House Launches On-Chain Secondary NFT Marketplace
Luxury auction house Sotheby's has announced the addition of a new on-chain marketplace that will allow digital art collectors to purchase secondary NFTs.Seth RowdenUS Treasury seeks to tighten nonbank rules after banking crisis
The US Treasury Department and some of the top US financial regulators have proposed new rules that would make it easier for the Federal Reserve to designate nonbanks as systemically important, making them easier to monitor and regulate.Herman HayesOPNX CEO scolds purported backers after some refuse to invest in the company
Some so-called Open Exchange (OPNX) investors have come under fire from the CEO of the crypto-claims trading platform after some were named as supporters and publicly distanced themselves from the project.Herman HayesMore than 30% of TikTok videos about cryptocurrency investing are misleading
Over a Third of Crypto Influencers Post Misleading Videos About Bitcoin on TikTok, the Younger Generation's Preferred Social Media Platform. According to a recent study, along with other cryptocurrency investments.Herman HayesOpenAI's chief technology officer, Mira Murati, believes that government regulators should be “actively involved” in setting safety standards for deploying advanced AI models such as ChatGPT.
OpenAI's chief technology officer, Mira Murati, believes that government regulators should be “actively involved” in setting safety standards for deploying advanced AI models such as ChatGPT.Herman Hayes
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