Globe Business News

The UAE is attracting a global wave of crypto millionaires with zero-tax profits, regulatory clarity and elite residency perks.

Bitget picks Georgia for the next step of its expansion in Eastern Europe, attracted by clear regulations, tax benefits and a growing crypto user base.

As Project mBridge enters its MVP phase, the BIS is inviting private sector firms to propose new solutions and use cases to further develop and showcase the platform’s potential.

The Financial Stability Board starts from the definition of “global stablecoin”, which serves as a means of payment and storage and has the potential for adoption across multiple jurisdictions.

The expansion came following a “productive dialogue” with the United Kingdom’s prime minister and “months of constructive conversations” with U.K. policymakers, a16z’s general partner said.

Decentralized autonomous organizations suffer from a lack of oversight. Companies and founders should take that into account in their planning.

In 2018, nearly 40% of all crypto developers were based in the United States, whereas in 2022, this figure had fallen to less than 30%.

A change to R&D tax rules means that a tech company could lose more than $1 million — but still be on the hook for hundreds of thousands in taxes.

The second edition of Metaverse Fashion Week came with a few technical hiccups — and featured a line-up of big brands, from Dundas to Adidas and HBO.

The UK financial watchdog has received 300 crypto firm registration applications but has approved only 41 applicants.

Bill Ackman’s conviction on crypto comes as much of the community attempts to regain confidence in the industry following the FTX fallout.

KPMG Futures said the goal is to build multi-million dollar business opportunities for the firm through the use of metaverse technologies by 2025.

Binance recently broke the 1,000 employee mark, showing tremendous growth since its ICO.