What is the global financial crisis and its impact on the global economy
    06 Feb 2023
    316 Views

    The Global Financial Crisis was a widespread economic downturn that began in 2008 and resulted from the collapse of the housing market and investment banks. When the financial system or the economy as a whole undergoes a rapid and large decline, it is said to be in a financial crisis. Financial assets like stocks, bonds,…

    Tax strategies allow crypto investors to offset losses
    05 Feb 2023
    336 Views

    Reporting cryptocurrency when filing taxes can help investors offset their losses. 2022 was tough for the crypto market. A recent report published by security services platform Immunefi found that the crypto industry lost a total of $3.9 billion in 2022. Detrimental losses such as these are often concerning for crypto investors, yet there may be a silver…

    How to protect against crime in the metaverse
    05 Feb 2023
    257 Views

    What is the dark side of the metaverse? The metaverse has the potential to alter the way we interact and engage with one another and technology. However, there are also possible drawbacks and risks, just like with any new technology. Potential problems with privacy, security and legislation are part of the metaverse’s negative side. One…

    London emerges as world’s most crypto-ready city for business — Research
    05 Feb 2023
    291 Views

    An examination of eight key data points determined London to sport the highest crypto readiness to entice businesses and start-ups. Along with pro-crypto regulations, mainstream adoption of cryptocurrencies requires a supporting infrastructure that can allow the general public access and exposure to the ecosystem. When considering eight key indicators around taxes, ATMs, jobs and events…

    Russia’s Sberbank plans to launch DeFi platform on Ethereum
    04 Feb 2023
    345 Views

    DeFi systems are able to displace the traditional market of banking services, Sber’s Blockchain Lab product director Konstantin Klimenko said. Russia’s largest bank, Sberbank, is moving forward with the plan to launch its decentralized finance (DeFi) platform, preparing to trial the product in a few months. Sberbank expects to launch open trials of its DeFi…

    The world must take a ‘collective action’ approach to regulations – suggests India’s Finance Minister
    04 Feb 2023
    285 Views

    Nirmala Sitharaman hopes that finance ministers and central bank governors will be able to agree on crypto regulations in the G-20 meeting in Bengaluru later this month. India’s Finance Minister, Nirmala Sitharaman, suggested that regulation “cannot be done” by a single country, it requires an international effort, in a recent television interview. Speaking to Rahul…