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UK government seeks public input on DeFi taxation

[ad_1] The government of the United Kingdom is asking the public for input on the taxation of crypto asset loans and staking in the context of Decentralized Finance (DeFi). DeFi is an umbrella term that refers to financial applications that are built on top of blockchain technology. This could include anything from lending to borrowing […]

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Fintech-Ideas brings blockchain functionality to its range of platforms

[ad_1] Berlin, Germany, 3rd July, 2022, Chainwire Enterprise software developer Fintech-Ideas has integrated a suite of blockchain tools to its SaaS offerings. The provision will enable businesses to utilize powerful web3 features such as tokenization, NFTs, and distributed storage. The integration of blockchain functionality into the company’s fintech and marketing platforms will deliver web3 services

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CoinLoan Announces Temporary Reduction of Withdrawal Limit

[ad_1] Crypto-backed loans provider CoinLoan has temporarily reduced the withdrawal limit for traders. The company explained that the move was made due to the current market turmoil. Following the announcement, customers have been restricted to a maximum withdrawal limit of $5,000 every 24 hours. “The interest we pay on the Interest Accounts is yielded by

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Report: Short Bitcoin ETF attracting a lot of attention

[ad_1] The crypto crash has pushed up interest in short Bitcoin ETFs, with the ProShares Short Bitcoin Strategy ETF (BITI) seeing massive daily inflows since it launched a little over a week ago. Data from crypto analytics firm Arcane Research cited by Forbes showed interest in the ProShares inverse ETF, which allows investors to bet

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African infrastructure firm lands $150M to launch crypto water token

[ad_1] South Africa-based H20 Securities has reportedly raised $150 million from the GEM Digital investment firm through the sale of the H20N token. By investing such a tremendous amount, GEM Digital will hold H20N tokens, which will be used to guide funding in water delivery infrastructure in areas that lack sufficient access to fresh water.

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Central African Republic Launches National Crypto Hub Project Sango

[ad_1] The Central African Republic (CAR) has doubled down on its plans to embrace the technology underpinning Bitcoin (BTC) with the recent launch of Project Sango, a National crypto hub. Having been teased for a while, Project Sango was finally launched by President Faustin-Archange Touadera who posited that the initiative is billed to foster financial

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