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Bitcoin
Report: Kenya to Start Levying Tax on Revenue Earned by Crypto Exchanges
According to regulations published by the country’s treasury secretary, global crypto exchanges used by Kenya’s estimated 4 million users will start paying a 1.5% tax on revenues earned.
Tax-Avoiding Digital Asset Platforms
The…
Almost 50 Russian Banks Accept Yuan Deposits Amid Low Demand for Dollar Accounts
A growing number of banking institutions in Russia are offering customers the option to save in Chinese yuan. The trend coincides with declining demand for U.S. dollar and euro deposits amid currency restrictions that triggered a flight of…
Argentina to Settle Chinese Imports in Yuan to Safeguard Dwindling Dollar Reserves
The economy minister of Argentina, Sergio Massa, announced that starting this month, payments for imports coming from China will be settled using the Chinese yuan. The agreement, which will allow the country to safeguard its dwindling…
Brazil Bans Telegram Temporarily Due to Alleged Lack of Collaboration in Fight Against School…
A federal judge in Brazil has ordered the temporary suspension of Telegram in the country and established hefty fines due to the supposed lack of collaboration of the company in a national crusade against school violence. Telegram failed to…
Putin: US Policies Will Backfire, Russia to Expand Relations With Countries in Eurasia, Africa,…
Russia’s president, Vladimir Putin, has slammed the actions of the elites in the U.S. and Europe, stating that they do not always act in the best interest of their own people. “It will backfire on them,” he said. Putin also called for a…
Russia Actively Discussing BRICS Expansion With Member Nations, Official Reveals
A Russian official has revealed that regular discussions are being held between Russia and other BRICS member nations regarding the expansion of the economic group. “This requires a thorough analysis and delicate internal work by the…
The Mirror Protocol Unveils Groundbreaking Pre-sale on its Cutting-Edge Dashboard
PRESS RELEASE. Pleasant Grove, Utah – The Mirror Protocol, a trailblazing decentralized finance (DeFi) project, proudly announces the launch of its highly anticipated pre-sale. This state-of-the-art platform empowers users to…
World’s Largest Regional Organization to Switch to Settlements in National Currencies
A China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of its members. While the plan is to abandon the U.S. dollar in mutual payments, participating nations are yet to…
Bitcoin Use Cases Are Seeing ‘Explosive Growth,’ Trust Machines Says
"Bitcoin is fun again because there's a place to build again," said Muneeb Ali, CEO of Trust Machines and co-founder of Stacks, on StageX at Consensus 2023.
Balaji Srinivasan Explains $1M Bitcoin Bet Rationale, Says Could Take Longer Than 90 Days
"I may be wrong but I'm burning a million to tell you they're printing trillions," Srinivasan said, during CoinDesk's Consensus 2023 conference.