South Korean officials travel to Serbia to find Do Kwon
The Serbian government has previously been approached by South Korean officials seeking their assistance in bringing Do Kwon home. Last week, a group of South Korean prosecutors and justice ministry representatives went to Serbia to request help in locating Do Kwon. Major news organization Bloomberg reported on February 7 that a delegation from the Seoul […]
IRS broadens tax regulations for crypto to apply to everyone
The IRS stated that everyone who received, earned, transferred, or sold bitcoins is now subject to tax and reporting requirements. According to a Forbes story, the International Revenue Service (IRS) has modified its taxing and reporting guidelines and expanded its coverage to include anyone who “has transacted” with digital assets. According to the Forbes report, […]
BIS developing ‘Pyxtrial’ for systemic stablecoin monitoring
The BIS has announced a new project named Pyxtrial aimed to develop a platform to monitor stablecoin balance sheets. According to a corporate release, the Bank of International Settlement (BIS) announced through its innovation hub that it would introduce the Project Pyxtrial stablecoin monitoring system. According to the paper, the BIS innovation hub, which was […]
SAND surges 30% after Saudi Arabia agreement
Saudi Arabia and The Sandbox reach an agreement, details unknown but this pushes SAND price by about 30% towards $1 milestone. According to a February 7 LinkedIn post, Saudi Arabia and the well-known blockchain game The Sandbox have signed a contract. The Sandbox’s co-founder and chief operating officer, Sebastien Borget, said that the Digital Government […]
Nokia Brings Metaverse To Remote Breweries, Aircraft Techs
In order to improve the remote work experiences for employees across various industries, Nokia is now utilizing the Metaverse. Nokia, a global leader in mobile technology, is extending its corporate reach into the metaverse. The Finnish are using it to remotely assist mechanics and employees of beer breweries. In order to better position itself for […]