- BTC corrected this week to fall below $22,000.
- Visa is experimenting with large USDC transfers on the EthereumVisa blockchain.
- Kraken halts ETH staking following SEC accusations.
- Revolut the cryptobank has started offering crypto staking to its European customers.
- 6 European countries still do not tax crypto capital gains: Malta, Cyprus, Greece, Slovenia, Estonia and Germany. Others apply the following rates: Denmark (37 to 52.06%), Sweden (30%) and Portugal (28%). All in all, the average tax rate for crypto capital gains in the European Union is 15.4%.
- Binance Tax helps prepare tax returns, and the pilot version of the tool is available for users in France and Canada.
- Aave is launching its decentralized stablecoin GHO on the Ethereum testnet.
- The Sandbox crypto project has announced a partnership with Saudi Arabia to launch a metaverse.
- Dubai introduces compulsory license for crypto companies. At the same time Dubai bans anonymous cryptocurrencies like $Zcash and $Monero.
- The President of Kazakhstan, Mr. Tokayev, has signed a law on digital assets requiring miners to obtain a license for their activities.
- The US market authority, the SEC makes cryptocurrencies and blockchain a priority for 2023.