Elon Musk supported the initiative of the European Union regarding the regulation of social networks. In a recent video posted by EU Internal Market Commissioner Thierry Breton, the billionaire voiced his support for the Digital Services Act (DSA), which also aims
On the night of May 10, the price of Bitcoin briefly fell below $30,000, reaching $29,731 on Bitstamp due to increased trading volume. The Salvadoran government decided to take advantage of the situation. On Twitter, President Nayib Bukele later revealed that
The government of India has received a proposal to increase the tax on the cryptocurrency sector. According to CNBC-TV18, the existing tax is proposed to be increased to 28% GST on services and all activities related to digital assets. First, the proposal
In April, the shares of many mining and other companies related to cryptocurrencies fell in price significantly deeper than the Bitcoin rate. According to the ForkLog report, during April, the Bitcoin exchange rate fell by 17.3%, and Ethereum — by 16.9%.
The U.S. Securities and Exchange Commission (SEC) fined $5.5 million GPU maker Nvidia for misrepresenting profits from product sales to miners According to the SEC ruling, Nvidia violated the Securities Act of 1933 and the disclosure provisions of the Securities and
Google's cloud division is recruiting a team to create services for blockchain application developers. According to CNBC, Google Cloud Vice President Amit Zaveri said that many clients have been asking for more support for the Web 3.0 sector and crypto-related technologies. According