The U.S. may impose additional tax on cryptocurrency mining (cryptomining) operations. According to the White House, the tax is intended to offset the expenses that cryptomining operations place on society.
In the latest developments on eNaira, the central bank of Nigeria (CBN) has intensified efforts to push the adoption of eNaira, Nigeria's CBDC, on a nationwide scale.
India is one of the biggest cryptocurrency markets in the world. However, the authorities' wait-and-watch approach to crypto regulation risks leaving the country behind as other countries tap into the sector's potential.
China is actively developing what it calls 'a second generation internet' based on blockchain technology. Unlike Western Web3, Chinese Web2 is developing under the supervision of State agencies.
The European Union's Distributed Ledger Technology (DLT) Pilot Regime, effective from March 23, 2023, established a controlled environment for trading and settlement using Distributed Ledger Technology. Our Observer summarized the key points of the new regulation
As more crypto projects – like dYdX and SushiSwap – search for cheaper and faster DeFi alternatives, Ethereum’s getting left behind. Are we Observing the fall of the king or the specialization of networks?
Cash scarcity in Nigeria is crippling local businesses and taking a toll on Nigerians’ daily lives but even amidst all the social chaos the Central Bank Digital Currency, eNaira, isn’t going anywhere.
China, the first major economy to launch a Central Bank Digital Currency (CBDC), is experiencing stagnation in its adoption plans. Hitting the wall of the well-developed domestic mobile payments, e-CNY undergoes criticism while the government explores ways to adapt it to people's needs.
