Koinly has pruned its staff strength by 14% ahead of the incoming tax season, forcing to layoff 16 full-time employees in a move that has left the remaining staff bewildered. [...] Read More... The post Koinly lays off 14% of workforce following extended bear market—Here’s the whole…
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The U.S. Federal Reserve’s monetary policy has taken a toll on the digital asset industry, as observed in the sharp drop in retail activity and space participation. [...] Read More... The post Fed’s policy has never been this tougher in the entire history of digital currencies appeared…
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Central to the respondent developers’ argument is the impracticality of assigning fiduciary and tortious responsibility to developers in this way. [...] Read More... The post Tulip Trading Ltd’s UK Court of Appeal hearing concludes appeared first on CoinGeek.
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Pakistan is set on launching its CBDC by 2025, releasing new guidelines—with help from World Bank—for non-bank entities to aid the national government in the developing and execution process. [...] Read More... The post Pakistan draws up laws in preparation for CBDC launch in 2025 appeared first…
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Eddie Yue of the HKMA says reducing risks associated with digital assets can be achieved by regulating off-chain activities, while BOK's Rhee is skeptical of whether these assets truly have benefits. [...] Read More... The post Hong Kong central bank governor optimistic on virtual currency; South Korean…
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Bank Indonesia is firm with its plan to explore and develop a CBDC, with Governor Perry Warjiyo saying their future deployment could improve economic and financial transactions. [...] Read More... The post Indonesia central bank eyes digital rupiah as nation’s ‘only legal digital tender’ appeared first on…
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On this episode of CoinGeek Conversations, Charles Miller hears from Michael Olagunju, Annie Siara and Borja Burguillos, three tech entrepreneurs who are completing the Satoshi Block Dojo incubator programme. [...] Read More... The post Satoshi Block Dojo entrepreneurs on plans for their new BSV businesses appeared first…
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Coingeek: The law is coming for DAOs

Thursday, 08 December 2022 10:24
DAOs are not decentralized as they claimed to be, according to Bitcoin Association’s Marcin Zarakowski, who noted that these entities are connected to those deploying them or benefitting from them. [...] Read More... The post The law is coming for DAOs appeared first on CoinGeek.
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Under the current Virtual Financial Asset regime, which was set up in 2018, NFTs are subject to specific requirements upon launching and must also issue a product whitepaper before the issuance. [...] Read More... The post Malta to remove NFTs from digital asset regulation in anticipation of…
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The U.K. Court of Appeal heard Tulip Trading’s arguments that blockchain engineers owe fiduciary and tortious duties to those who use their blockchains today. [...] Read More... The post Coin Recovery: UK Court of Appeal hears that blockchain engineers owe legal duties to their users appeared first…
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