NORWAY PROPOSES TO ABOLISH THE TAX CONCESSION SCHEME FOR CRYPTO MINERS |1300 HKT | 0600 UKT | 7 OCTOBER 2022

by Александр Пирогов | Oct 7, 2022 | Blog News

The government of Norway proposes to stop offering a discounted rate on electricity to the crypto data centres owing to the increased pressure on the power supply in the country. Announced on 6 October, the finance minister intended to put a halt to the scheme that...

FRENCH REGULATOR APPROVES CRYPTO.COM TO REGISTER AS A DIGITAL ASSET SERVICE PROVIDER |1300 HKT | 0600 UKT | 30 SEPTEMBER 2022

by Александр Пирогов | Sep 30, 2022 | Blog News

The Singapore-based crypto exchange company Crypto.com has reportedly obtained approval from the French stock market regulator Autorité des Marchés Financiers to register as a Digital Asset Service Provider after receiving clearance from the financial regulator in the...

NFT TRADING VOLUME PLUMMETS BY 98% FROM JANUARY |1300 HKT | 0600 UKT | 30 SEPTEMBER 2022

by Александр Пирогов | Sep 30, 2022 | Blog News

The weekly trading volume of non-fungible tokens (NFTs) has reportedly reduced to $114.4 million, which falls as much as 98% when compared to the $6.2 billion recorded at the end of January. The trading volume peaked at $146.3 billion in early April before the start...

META INTRODUCES NFT CROSS-POSTING FEATURE ON FACEBOOK AND INSTAGRAM |1300 HKT | 0600 UKT | 30 SEPTEMBER 2022

by Александр Пирогов | Sep 30, 2022 | Blog News

Meta, the parent company of Facebook and Instagram, announces a new feature that enables users across 100 countries to connect their digital wallets and cross-post their digital collectibles across both Facebook and Instagram. The feature includes automatic tagging of...

UAE MINISTRY OF ECONOMY INTRODUCES A NEW HEADQUARTERS IN THE METAVERSE DURING THE DUBAI METAVERSE ASSEMBLY |1300 HKT | 0600 UKT | 30 SEPTEMBER 2022

by Александр Пирогов | Sep 30, 2022 | Blog News

UAE Minister of Economy Abdulla bin Touq Al Marri announced a new virtual headquarters to be launched in the Metaverse during the Dubai Metaverse Assembly to expand its digital services, along with two existing offices located in Abu Dhabi and Dubai. The new office...

Revolut receives permanent approval to operate digital assets business in the UK |1300 HKT | 0600 UKT | 28 SEPTEMBER 2022

by Александр Пирогов | Sep 28, 2022 | Blog News

The UK Financial Conduct Authority (FCA) has reportedly approved Revolut, the cryptocurrency-friendly financial app to continue its digital assets business in the country after granting it a temporary registration status in March. Revolut was the last company on the...