Author: Donald Munn
Senator Elizabeth Warren has introduced a bill that aims to target exchanges that allow Russia to circumvent sanctions with cryptocurrencies. Cryptocurrencies and Russia sanctions: the bill The new bill is intended to prevent Russian oligarchs from circumventing international sanctions with cryptocurrencies. The bill was announced yesterday at the end of a hearing with Chainalysis CEO Jonathan Levin. In explaining the initiative, the senator stated: “No one can argue that Russia can evade ALL sanctions by moving ALL its assets into crypto. But for Putin’s oligarchs who are trying to hide you know a billion or two of their wealth, crypto…
The correct framing of the taxation of NFTs is a real problem, primarily because there are generally no laws or regulations defining NFTs and even less so are there tax rules expressly dedicated to them. What is meant by NFTs Nowadays, when speaking of NFTs, in its most diffused meaning within the community of enthusiasts and experts, it is intended to refer ordinarily to works of art incorporated within a cryptographic digital support (as it can be an image, video or audio file) or to physical works connected, generally in an indissoluble way, to a certificate which allows the identification…
Paxful, in collaboration with Mayor Francis Suarez’s Venture Miami, will bring 500 students and Miami residents to the Bitcoin Conference 2022 and distribute as many tickets to them. Miami Bitcoin Conference ticket giveaway The Miami Bitcoin Conference is the largest Bitcoin event in the world. This year it will once again be hosted in the Florida city, which features crypto-friendly Francis Suarez as mayor. The aim of the partnership between Paxful, P2P exchange, Mayor Suarez’s Venture Miami and the Bitcoin Foundation is to give 500 students enrolled in 12 Miami universities or enrolled in Miami educational courses the chance to…
The newly formed XRP Ledger Foundation created by the company in September to raise funds for developers of new Ripple-related projects has already raised $6.5 million. 50 projects for XRP developers This non-profit and open organization was created with the goal of accelerating the development of the XRP ledger, the blockchain on which the XRP token runs. More than 50 projects have received funding from the fund since it was established in September. Monica Long, GM of RippleX at Ripple said: “The developer community has seen a tremendous growth and passion for building on the XRP Ledger that has only…
The Snapchat social network has announced that it has added a new AR (Augmented Reality) feature to allow users to build “Custom Landmakers”. The option, which animates monuments and city storefronts in real time, can be accessed on Lens Studio. Snapchat adds AR experiences with Custom Landmakers Snapchat has reportedly added a new feature that can create AR experiences in the world around the user, creating Custom Landmakers. Basically, creators will be able to use Lens Studio to tell their own stories which, with Augmented Reality technology, become richer in detail such as animating landmarks and city storefronts. Custom Landmarkers…
The never-ending Ripple-SEC lawsuit seems to have some news: last week, Judge Annalisa Torres reportedly issued two new rulings denying two motions. Ripple-SEC lawsuit and the two denied motions: what is it all about? On 11 March 2022, Judge Annalisa Torres of the US District Court for the Southern District of New York issued two rulings on the motions filed in the Ripple-SEC case. CEO of Ripple, Brad Garlinghouse, immediately commented on one of the rulings on Twitter, re-tweeting the post by Ripple’s general counsel, Stuart Alderoty: And while we would have preferred the cases against Chris and me to…
Andrew Yang is an American entrepreneur and philanthropist, crypto advocate and political activist. He recently spoke about his new political project, Lobby3 DAO, claiming that it will give citizens new opportunities to influence the country’s political processes. About Andrew Yang He was a candidate in the presidential primary in 2020, and in the primary for mayor of New York City last year, also for the Democratic Party. According to Yang, about 90% of Americans currently live in districts that are strongly aligned with either the Democratic or Republican party. In these districts, political representatives have little incentive to listen to…
In its joint press conference with the FOMC (Federal Open Market Committee) on Wednesday, the Fed disregarded its December statement on raising rates. Fed raises rates to combat inflation In order to fight inflation, the US central bank had opted for a three-stage policy of raising rates by a quarter of a percentage point at a time, but this was not the case. Goldman Sachs, which had predicted everything, saw its forecast confirmed. The Fed, in the person of Secretary Powell, announced an increase of 0.25%, which will be followed by a further six rate increases of the same magnitude…
Last summer, the unicorn technology start-up Bolt, the first of the big Silicon Valley companies, decided to make the possibility of a four-day short working week permanent for its employees. The short working week in the world Since the war, the number of working hours per week has fallen steadily in all OECD countries, but now American technology companies are trying to add another step to their policy of making work as smart and convenient as possible for their employees. The basic idea behind the plan to reduce working hours is that of “work-sharing”, i.e. an increase in the number…
TikTok will continue to exist in the US, but user data will be retained by Oracle and will not cross US borders. In theory. US, the agreement with Oracle for TikTok According to Reuters, TikTok is close to reaching an agreement with Oracle to store user data without passing them on to the Chinese company that owns the social network ByteDance. This could resolve a crisis that arose under Donald Trump’s administration, which wanted to ban the social network that is so popular with teenagers in the United States. Although the terms of the agreement are not yet clear, what…