Revolut has partnered with Koinly to provide users with an automated tax reporting service for cryptocurrency transactions. The integration allows users to generate tax reports to calculate gains and losses, by synchronizing their transaction history with Koinly. (Read More)

The European Union has passed a draft bill to regulate AI use of copyrighted materials. AI tools will be classified according to their risk level, with high-risk tools subjected to stricter transparency procedures. The bill is part of the EU’s Artificial Intelligence Act and aims to strike a balance between protecting citizens and fostering innovation. […]

Binance is set to reenter the Japanese crypto market after acquiring the regulated crypto exchange platform, Sakura Exchange Bitcoin (SEBC). The SEBC platform will terminate its current crypto exchange and brokerage services by May 31, 2023, and reopen as Binance Japan in June. Binance had to fold its Japan operations in 2018 after regulatory warnings, […]

Polygon Labs and Google Cloud have partnered to enhance the development of Ethereum scaling protocol’s infrastructure and tools. Google Cloud’s framework and developer tools will benefit Polygon’s core protocols and simplify developer integration to build, launch and grow Web3 products and decentralized applications (DApps) on Polygon. The partnership is expected to advance Polygon’s zero-knowledge development, […]

The post Is The Shiba Inu (SHIB) Price Disappointing Holders? Investors Are Bullish On Conflux (CFX) and Collateral Network (COLT) appeared first on Coinpedia Fintech News Shiba Inu (SHIB) Shiba Inu (SHIB) is an Ethereum-based meme coin with an amazing community. The Shiba Inu (SHIB) ecosystem features a decentralised exchange called Shibaswap. Also, Shiba Inu […]

Internet Computer (ICP) is currently on an impressive bullish run following the crypto market upturn, which saw many assets show signs of recovery. In the last week, ICP has taken center stage, recording the biggest gains among the major coins in the market.  ICP Shows Its Mettle In Crypto Ranking According to data from CoinMarketCap, […]

ChinaBank partners with Qatar National Bank to facilitate remittances via RippleNet. Remittance transactions processed in 2022 totaled US$1.6 billion, with growth expected in 2023. Expanding Remittance Services ChinaBank discussed their partnership with Qatar National Bank (QNB) in their latest annual report, aiming to better serve overseas Filipino workers and their families. They have facilitated direct […]

The post Ripple Vs SEC Lawsuit Update: Company Reveals New End Date Amidst Legal Battle appeared first on Coinpedia Fintech News Ripple Labs, the blockchain company entangled in a lawsuit with the United States Securities and Exchange Commission (SEC) over its remittance token XRP, has provided an update on the legal battle that has been […]

The post Bullish or Bearish? Decoding Shiba Inu (SHIB)’s Prospects for May appeared first on Coinpedia Fintech News The price of Shiba Inu (SHIB) has seen significant growth since the year’s start. However, due to recent unstable trading, investors are left questioning if SHIB can bounce back to a bullish trend in May after its […]

According to regulations published by the country’s treasury secretary, global crypto exchanges used by Kenya’s estimated 4 million users will start paying a 1.5% tax on revenues earned. Tax-Avoiding Digital Asset Platforms The Kenyan Treasury has said it will start levying taxes on revenues earned by cryptocurrency exchanges used by an estimated 4 million local […]