As the Korea Blockchain Week 2022 started on the 7th of August, several stakeholders in the crypto sector were in attendance. This event is among the largest blockchain conferences in Asia. At the event, Klaytn Foundation’s Director Sam Seo stated that the adoption of metaverse initiatives is slow. According to Seo, web2 firms must integrate…
Since the crypto industry began to gain traction in the US, the securities regulator SEC has been fighting against the sector. On August 4th, Forbes reported that virtually all crypto firms in the US are in various stages of investigation by the SEC. Additionally, a staff in the office of a famous lawmaker, Senator Cynthia…
According to reports, two advocacy groups for cryptocurrency have submitted a request for tax reform in Japan. The group calls for reducing the tax on crypto earnings by 20%. The two groups include the JVCEA (Japan Crypto-Asset Exchange Association) and the JCBA (Japan Crypto-Asset Business Association). Both groups have been working to ensure better tax…
According to reports, a crypto legislation proposed at the start of 2022 may be approved by the Brazilian Chamber of Deputies this week. According to an official in the Chamber, Ricardo Barros, the law is scheduled for discussion this week. However, there have been no rumors of a potential vote for the bill. This is…