Omor Ibne Ehsan

Russia to recognize crypto as a form of currency

The government of Russia and the central bank have reached an agreement on regulating cryptocurrencies. Russia is now working on a draft law to define further how the country will treat crypto. The

“Virtual Currency Tax Fairness Act” Introduced in the U.S.

The “Virtual Currency Tax Fairness Act” was introduced by Representatives Suzan DelBene (D-Wash.), David Schweikert (R-Ariz.), Darren Soto (D-Fla.), and Tom Emmer (R-Minn.). The act aims to ease the

Vitalik Buterin Says Dogecoin Will Migrate to Proof-of-Stake

In an interview with UpOnly, Ethereum’s founder Vitalik Buterin confirmed that he is helping the Dogecoin foundation move to a proof-of-stake network. However, after its proof-of-stake migration,

MicroStrategy buys $25 million more in Bitcoin despite Q4 2021 loss

MicroStrategy has doubled down on its Bitcoin holdings and accumulated an additional 660 Bitcoin at $25 million. MicroStrategy CEO Michael J. Saylor announced his purchase on Tuesday. MicroStrategy

Kremlin: Russians hold 12% of the global Cryptocurrency market

The Russian government has recently released a report which states that Russian holdings in cryptocurrencies are now equivalent to 12% of the global Cryptocurrency market—Meaning Russians now own

Crypto exchange FTX hits $32B valuation despite Crypto bear market

FTX, a major Cryptocurrency exchange, has hit $32 billion in value after the Bahamas based exchange raised $400 million in a new round of funding from investors, including SoftBank, Singapore-based

Finance Writer