Citi Predicts Metaverse Economy Could Be $13 Trillion With 5 Billion Users
Citi has predicted that the total market opportunity for metaverse could grow to between $8 trillion and $13 trillion by 2030, with the number of its users rising to 5 billion. Citi has on Thursday launched a new paper titled “Metaverse and Money: Decrypting the Future” by Citi Global Perspectives & Solutions (Citi GPS). The […]
India Approves Finance Bill Of 30% Crypto Tax
The new crypto tax policy approved by India is based on its gambling and lottery ticket win tax rules. The Indian Finance Bill 2022, which includes new 30% crypto tax laws, was approved by Rajya Sabha, the upper house of the Indian parliament, today, and will take effect on April 1. The law is approved […]
Blockchain.com’s Value Rises To $14 Billion After New Round Of Fund
The valuation of Blockchain.com has been raised to a whopping $14 billion after securing an undisclosed amount in funding. Blockchain.com, a cryptocurrency exchange, and financial services company, has reportedly obtained new capital valued at $14 billion. According to Bloomberg , Lightspeed Ventures, a worldwide venture capital firm, and Baillie Gifford & Co., an investment management […]
Washington State Passes Bill To Expand Blockchain Adoption
The bill was finally passed into law to enable industries and other businesses to benefit from the opportunities of blockchain technology. The adoption of the blockchain technology bill has been signed into law by Governor Jay Inslee of Washington which is aimed to have a significant impact across multiple financial and industrial sectors. This development […]
Wisdomtree Launches 3 Crypto ETPs To Expose Solana, Cardano, And Polkadot
Wisdomtree launched three cryptocurrency exchange-traded products (ETPs). The new crypto investment products are now listed on Börse Xetra, SIX, and the Swiss Stock Exchange, and are linked to the cryptocurrency networks Solana, Cardano, and Polkadot. Wisdomtree has announced the launch of three new digital currency exchange-traded products (ETPs), all of which are backed by cryptocurrencies. […]