Saudi Aramco Refuse Bitcoin Mining Rumors
The largest oil exporter, Saudi Arabia has denied involvement in Bitcoin mining but continues to invest in blockchain-related businesses.
Last year, the Saudi Arabian Oil Company (Saudi…
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Square Stated $2.72 Billion In Bitcoin Revenue
Square increased revenue significantly year over year despite the massive market correction.
Overall, the company stated $2.72 billion in bitcoin revenue in spite of the broader market…
Binance Terminate Crypto Futures and Derivatives In European Countries
Binance Holdings will cease providing services for cryptocurrency futures contracts and derivatives in Europe, according to data from the Binance announcement section.
Users in Germany,…
State Street growing its presence in the crypto market
State Street collaborates with Lukka to deliver new digital asset services after leading the firm's Series C funding round in late 2020.
State Street Corporation, prominent American…
PayPal will Increase Its Range Of Crypto Services
PayPal has stated that it intends to greatly expand its crypto offerings.
PayPal users will soon be able to access a greater range of bitcoin services via the worldwide payment network.…
The Israeli Government Proposed New Tax Law For Crypto Holders.
The Israeli government is attempting to track cryptocurrency holders exceeding worth $61,000.
Israel's Ministry of Finance predicts that the new legislation, framed as a "war against…
EY Proposes Blockchain Solution For Withholding Tax procedure.
EY anticipates its innovative blockchain-based withholding tax technology to provide a platform for the tax relief system of the European Commission.
EY (Ernst & Young) is aimed at…
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