Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count 3 min read Arbitrum Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count Since The Merge, Ethereum’s onchain fees have been considerably lower. However, combined transaction volume on layer two...Read More
Wyre Announces Modification of Withdrawal Policy, Pushing Topps to Temporarily Suspend NFT Marketplace Transactions 3 min read Acquisition Wyre Announces Modification of Withdrawal Policy, Pushing Topps to Temporarily Suspend NFT Marketplace Transactions admin January 8, 2023 Following reports that the crypto payments firm Wyre was shutting down operations, CEO Ioannis Giannaros offered a...Read More
Central Bank of Turkey Reports First Payment Transactions on Digital Lira Network 3 min read CBDC Central Bank of Turkey Reports First Payment Transactions on Digital Lira Network admin December 31, 2022 The Central Bank of the Republic of Turkey (CBRT) has conducted the first payment transactions on the...Read More
Venezuelan Banking Watchdog to Oversee Crypto Transactions to Preserve Currency Stability 3 min read bank accounts Venezuelan Banking Watchdog to Oversee Crypto Transactions to Preserve Currency Stability admin December 30, 2022 Sudeban, the Venezuelan banking watchdog, is currently working on a mechanism to review crypto-related transactions in real-time...Read More
Recently Signed 2009 Bitcoin Block Reward Linked to Hal Finney’s Set of BTC Transactions 6 min read address Recently Signed 2009 Bitcoin Block Reward Linked to Hal Finney’s Set of BTC Transactions admin December 15, 2022 At the end of November, an unknown person signed a signature tied to an extremely old block...Read More
European Union to Put a 10,000-Euro Limit on Cash Payments; Transactions Over €1,000 in Crypto Will Be Scrutinized 3 min read anti-money laundering European Union to Put a 10,000-Euro Limit on Cash Payments; Transactions Over €1,000 in Crypto Will Be Scrutinized admin December 10, 2022 The states of the European Union have convened to establish a new limit on cash purchases and...Read More
Chinese Digital Currency Transactions Exceed 100 Billion Yuan, Central Bank Says 3 min read CBDC Chinese Digital Currency Transactions Exceed 100 Billion Yuan, Central Bank Says admin October 14, 2022 Spending with China’s state-issued digital currency has surpassed 100 billion yuan, close to $14 billion, by the...Read More
China, Hong Kong, Thailand, and UAE Trial Cross-Border Transactions With Digital Currencies 3 min read BIS China, Hong Kong, Thailand, and UAE Trial Cross-Border Transactions With Digital Currencies admin September 29, 2022 The monetary authorities of four jurisdictions in Asia have carried out tests with international settlements using state-issued...Read More
US Senators Introduce Bipartisan Bill to Exempt Small Crypto Transactions From Taxes 3 min read crypto transactions tax free US Senators Introduce Bipartisan Bill to Exempt Small Crypto Transactions From Taxes admin July 27, 2022 A new bipartisan bill has been introduced in the Senate that would simplify the use of cryptocurrency...Read More
Report: Pakistan Can Generate $90 Million Annually if It Introduces a 15% Tax on Crypto Transactions 2 min read Aatiqa Lateef Report: Pakistan Can Generate $90 Million Annually if It Introduces a 15% Tax on Crypto Transactions admin May 20, 2022 Pakistan can generate tax revenues of at least $90 million each year if authorities impose a 15%...Read More
Iran Blocks 9,200 Bank Accounts Over Suspicious Foreign Currency, Crypto Transactions 2 min read bank accounts Iran Blocks 9,200 Bank Accounts Over Suspicious Foreign Currency, Crypto Transactions admin May 17, 2022 Iran’s Ministry of Intelligence has reportedly blocked almost 10,000 bank accounts over suspicious foreign currency and cryptocurrency...Read More
Uganda Central Bank Tells Licensed Entities to Stop Facilitating Crypto Transactions 2 min read Andrew Kawere Uganda Central Bank Tells Licensed Entities to Stop Facilitating Crypto Transactions admin May 4, 2022 The Ugandan central bank has warned licensed entities and the public against facilitating crypto-related transactions as well...Read More