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Flexi Group
Jun 9, 20223 min read
The Lummis-Gillibrand bill would for the first time regulate crypto
Two senators, one Republican and one Democrat, have presented legislation that would govern digital assets, blockchain technology, and...
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Flexi Group
Jun 8, 20222 min read
Solana Commits $100 Million to Cryptocurrency Projects in South Korea
The fund, established by Solana Ventures and the Solana Foundation, will invest in NFT and DeFi initiatives and focus on virtual gaming....
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Flexi Group
Jun 6, 20224 min read
Crypto taxation in Cyprus
In this article, we will discuss the various tax implications of cryptocurrencies in relation to the applicable tax regime in Cyprus, in...
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Flexi Group
Jun 4, 20221 min read
Over 80 employees at Brazilian Crypto Unicorn 2TM have been laid off
On Wednesday, 2TM, the holding company for Mercado Bitcoin, Brazil's largest cryptocurrency exchange by market cap, laid off over 80...
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Flexi Group
Jun 1, 20221 min read
According to EU regulators, cryptocurrency exchanges should lose their licenses if they commit money
If crypto exchanges are found to have seriously broken anti-money laundering rules, their licenses should be revoked, according to...
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Flexi Group
May 31, 20222 min read
Kava Brings Sushi Aboard With $14 Million in Developer Incentive Funding
The connection would provide Sushi users and developers access to the whole $300 billion market capitalization of Ethereum and Cosmos...
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Flexi Group
May 31, 20223 min read
Cryptocurrencies pose a significant danger to the economy
Losing 26% of its value in the last month, Bitcoin and other cryptocurrencies are in danger of dragging the "real economy" with their...
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Flexi Group
May 31, 20221 min read
The first NFT-based slot machine is introduced by a cryptocurrency casino
Lucky Crypto, an online operator, has introduced a whole new NFT collection called Lucky Degens. The owners of Lucky Degen NFTs, which...
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Flexi Group
May 27, 20221 min read
In China, the 'Move-to-Earn' Token GMT is spiraling out of control
Stepn, a Solana-based "move-to-earn" game, announced Thursday that it will effectively ban gameplay in China starting in mid-July,...
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Flexi Group
May 26, 20222 min read
Bitcoin is undervalued, and cryptocurrency is now better than real estate, according to JPMorgan.
JPMorgan Chase & Co., a Wall Street investment bank, says digital assets have surpassed real estate as its "preferred alternative asset...
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Flexi Group
May 25, 20223 min read
Ireland's VAT plan contributes to the 'legitimization' of cryptocurrency
The Irish VAT plan to impose a 23 percent VAT on cryptocurrency purchases, according to crypto-asset exchanges and platforms, brings...
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Flexi Group
May 25, 20223 min read
The ECB warns that banks' ties to crypto and DeFi could jeopardize EU financial stability.
The ECB warned today that European banks' ties to crypto and DeFi could jeopardize financial stability. The European Central Banks...
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Flexi Group
May 24, 20222 min read
Wall Street asserts that a Fed-issued digital dollar will destroy banks.
The Federal Reserve is considering launching a CBDC similar to those of other nations, and bankers worry that this would be a risky move....
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Flexi Group
May 23, 20221 min read
During the cryptocurrency downturn, NFT sales volume fell by nearly 55%.
Non-fungible token (NFT) sales have dropped by more than 54% in the last week as the crypto market has plummeted. According to data from...
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Flexi Group
May 20, 20222 min read
After Terra's LUNA Collapse, Hashed Wallet Loses $3.5B, Delphi Digital Announces Loss
Following the collapse of the Terra ecosystem's tokens, terraUSD (UST) and Luna (LUNA), some major investors have come forward to reveal...
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Flexi Group
May 19, 20223 min read
Biden administration wants cryptocurrency exchanges to keep customer and corporate money separate
According to a source familiar with the plan, US President Joe Biden's administration will lobby Congress to require cryptocurrency...
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Flexi Group
May 17, 20224 min read
Tax professionals have pointed out flaws in the OECD's crypto reporting template.
As many in-house tax teams rushed to comment on the steps to implement the framework, the OECD's Centre for Tax Policy and Administration...
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Flexi Group
May 17, 20222 min read
After the UST crash, LFG's reserves have shrunk from 80K to just 313 Bitcoins
The Luna Foundation Guard (LFG), the official custodians of Terra's bitcoin (BTC) reserves, issued a statement on Monday detailing how it...
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Flexi Group
May 13, 20223 min read
The data benefits of blockchain are reaped by TP teams.
Many TP executives said that implementing blockchain technology would allow their companies to save time on tax compliance, gain greater...
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Flexi Group
May 13, 20222 min read
CEO of EminiFX arrested and charged with fraud for his alleged involvement in cryptocurrency pyramid
On Thursday morning, a New York man was arrested and charged with fraud for his role in an alleged crypto investing scheme that the FBI...
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