Paraguayan president vetoes bill regulating cryptocurrencies
As the country’s mining industry continues to grow as a result of cheap energy costs, the law was adopted by the Paraguayan Senate in July. On Monday, Mario Abdo Bentez, the Paraguayan president, vetoed a bill that attempted to classify bitcoin mining as an economic endeavor. He reasoned that the development of a nationally sustainable […]
Crypto.com mistakenly sends a customer $10.5M instead of $100
According to court filings, the beneficiary utilized some of the money after receiving it from Crypto.com to buy a lavish property. Two Melbourne women, Manivel Thevamanogari and her sister Gangadory Thevamanogari, received an AUD$10.5 million deposit from Singaporean cryptocurrency exchange Crypto.com after the latter made a mistake and incorrectly issued an AUD$100 refund, according to […]
Iranian companies get go-ahead to use cryptocurrency for imports
In an effort to increase trade within the nation, Iran’s Trade Ministry has approved the use of cryptocurrency payments for imports. In light of continued international trade sanctions, Iran’s Ministry of Industry , Mines, and Trade has authorized the use of cryptocurrency for imports. The country’s trade minister, Reza Fatemi Amin, reportedly acknowledged that specific […]
Argentina now accepts crypto for taxes and fees
As of August 24 in Argentina, the New Mendoza Tax Administration started accepting crypto payments. Residents of Mendoza Province (Argentina) can now pay government fees and taxes with cryptocurrencies. This is another step toward the widespread use of cryptocurrencies in Argentina. In a statement released on August 27, the Mendoza Tax Administration (ATM) said that […]
Roche claims statements about Ava Labs are incorrect
Roche makes an assertion that the recordings were staged by a third party to harm the lawyer and his company. In a Medium article published on Monday, Kyle Roche, the attorney at the core of claims made by the website Cryptoleaks concerning a covert arrangement between his company and Ava Labs, answered. The attorney vehemently […]