Nigeria begins review of its blockchain technology policy

The steering committees work is actively toward Nigeria taking a leadership position in African blockchain development.

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South Koreas ruling party proposes delaying crypto tax to 2028

If the new proposal is approved, implementing the countrys crypto gains tax will be delayed by nearly seven years from its original schedule.

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MiCA laws come into effect in Europe Heres what you need to know

The EUs Markets in Crypto-Assets Regulation introduces new rules for the cryptocurrency industry, which will affect stablecoins and crypto asset service providers.

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Experts: US Must Establish Stablecoin Regulations Before Implementing Crypto Tax Reform

In the quest for clarity and guidance, prominent figures in the American cryptocurrency industry are calling for regulatory direction on stablecoins before any potential tax reforms are implemented. The uncertainty surrounding the classification and treatment of stablecoins under the current tax framework has prompted industry leaders to push for regulatory clarity to avoid any unforeseen [...]

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OpenAI Implements Limiter to Prevent GPU Overheating from Ghibli-tsunami

Sam Altman, the CEO of OpenAI, recently shared a fascinating story about the unintended consequences of utilizing powerful GPUs for AI computation. Altman recounted how their GPUs started melting due to the immense workload created by analyzing Studio Ghibli films after a tsunami of interest in the animations. The influx of data and demand for [...]

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Hester Peirce Urges SEC to Implement Crypto Regulations in Rulemaking

The Securities and Exchange Commission (SEC) Commissioner Hester Peirce emphasized the importance of regulatory clarity in the cryptocurrency space. Peirce, also known as “Crypto Mom,” highlighted the need for clear rules to foster innovation and protect investors. She believes that Congress should take action to provide a regulatory framework that balances innovation and investor protection. [...]

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Stratum Reference Implementation Launches SRI 1.0.0 To Enhance Bitcoin Mining

SRI 1.0.0 is officially here, bringing significant upgrades in enhancing and decentralizing Bitcoin mining operations.

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Paxos CEO Calls on US Lawmakers to Implement Cross-Border Stablecoin Regulations

Paxos CEO: U.S. Legislation to Determine Cross-Border Stablecoin Regulation The CEO of Paxos, a leading blockchain and cryptocurrency company, recently discussed the impact of U.S. legislation on the regulation of stablecoins across borders. In a statement, he emphasized the need for clear and inclusive regulations that foster innovation while protecting consumers and maintaining financial stability. [...]

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Ethereum Improvement Proposal 4844 Implementor Call: Deneb API Versioning, Execution Header Updates, and Devnet 6 Planning

Terence.eth, a well-known Ethereum Community Developer, shared significant updates following the recent Ethereum Improvement Proposal (EIP) 4844 implementor call. (Read More)

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UK Requests Crypto Exchanges to Report Suspected Sanction Breaches

The UK authorities have introduced the new rules in response to Russia’s invasion of Ukraine. The regulations cover all valuable digital assets. (Read More)

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How Bitcoin’s Leading Lightning Implementations Are Expanding Functionality

Developers behind leading Lighting Network firms LND, CLN and LDK described how they’re pushing Layer 2 forward at Bitcoin 2022.

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Core Lightning: How Blockstream’s Implementation Rebrand Speaks To Its Long-Term Vision For Bitcoin

Now called Core Lightning, Blockstream’s Lightning Network implementation seeks to be Bitcoin’s interoperable, specification-focused standard.

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Coinbase CEO Urges Implementation of Blockchain-Based US Treasury as DOGE Cryptocurrency Rescues Billions

The US Treasury is exploring blockchain technology in a bid to improve financial transparency. Treasury Secretary Janet Yellen recently emphasized the importance of utilizing innovative technologies like blockchain to enhance efficiency and accountability within the financial system. Elon Musk’s recent interest in cryptocurrencies, particularly Dogecoin, has further ignited discussions around the potential benefits of blockchain [...]

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Report: Which States are Most Likely to Implement Bitcoin Reserves First?

Senator Lummis Leads the Way as States Embrace Bitcoin Reserves In a groundbreaking move, states are beginning to look into holding Bitcoin as part of their reserves. Senator Cynthia Lummis has been at the forefront of this movement, advocating for the adoption of the pioneering cryptocurrency. Lummis believes that Bitcoin can be a valuable asset [...]

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Boost Revenue: Nigeria Implements Tax on Cryptocurrency Transactions

Nigeria Imposes Taxes on Cryptocurrency Transactions to Increase Revenue The Nigerian government has introduced taxes on cryptocurrency transactions to generate more revenue for the country. This move is aimed at leveraging the growing popularity of digital currencies like Bitcoin and Ethereum to bolster the nation’s financial resources. With the rise of digital assets in Nigeria, [...]

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Ethereum Developers Commit to Speed Up Roadmap Implementation and Minimize Forks

Ethereum developers have accelerated the delivery of protocol upgrades with the introduction of the Pectra Fusaka. By streamlining the upgrade process, developers are able to quickly implement essential changes and enhancements to the Ethereum network. This increased efficiency is a significant advancement in the ongoing evolution of Ethereum. With the Pectra Fusaka protocol, Ethereum developers [...]

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Neobank Yopaki Aims To Make Every Mexican A Bitcoiner

Francisco Chavarria, Yopakis co-founder and CEO, believes that by educating Yopakis users about Bitcoin and incorporating a favorite Mexican pastime into the app, he and his team are poised to make Mexico a nation of Bitcoin enthusiasts.

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A ‘Tremendous Variety of Possible Transaction Types’ — A Look at the Conversation Between Nakamoto and Andresen

The Bitcoin mempool, otherwise known as the network’s transaction backlog, is still clogged with over 390,000 transactions waiting to be processed by miners. To clear the mempool, more than 190 blocks need to be mined. As the scaling issues continue to plague the network, a conversation between former Bitcoin developer Gavin Andresen and the network’s

The post A ‘Tremendous Variety of Possible Transaction Types’ — A Look at the Conversation Between Nakamoto and Andresen appeared first on BTC Ethereum Crypto Currency Blog.

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Russia Says BRICS Currency Unlikely in Near Future but De-Dollarization Grows Globally

Russia says that a common BRICS currency is unlikely to be feasible in the near future but the process of de-dollarization of the global economy is inexorably underway. Russian Press Secretary Dmitry Peskov added that many countries, including those that do not face sanctions, are gravitating towards using national currencies in trade settlements. BRICS Currency [...]

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Ethereum creator Vitalik Buterin pushes for implementation of zk-EVMs

Ethereum Founder Vitalik Buterin suggests using zero-knowledge Ethereum Virtual Machines (zk-EVMs) on the Ethereum primary level. In a blog post, he believes integrating both will increase the platform’s verification process speed without affecting the network decentralization or security. The compatibility of zk-EVMs with Ethereum’s multi-client approach Vitalik Buterin, the creator of Ethereum, said that Ethereum …

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