Crypto News Cast For June 29th 2022 ?

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crypto news cast for june 29th 2022 ?
Crypto News Cast 📮 29-06-2022

Welcome to The Crypto News Cast: A Complete Cryptocurrency News letter For Today

24hours Cryptocurrency Market Cap:

📈MarketCap:          $896 B
📊24h Mcap %:       -25.30%
⚠️Bitcoin Dom:        42.60%

📌Active Coins:       4547
📍24h Vol %:           7.98%
💲24h Vol:               $65 B

Crypto News Updates :

  • Uzbekistan Gets Fully Ready For Bitcoin Mining Operations And Guidelines
  • As Hyperinflation Grips Lebanon, Its University Students Uses Crypto As A Hedge
  • Entrepreneurs In El Salvador Can Now Claim $100,000 Bitcoin Incentive
  • Cathie Wood Predicts That The Crypto Revolution Will Continue
  • Tech Firm, Tencent Enters The Metaverse, Launched Its Extended Reality Unit
  • Breitling, A High-End Watchmaker, Now Accepts Bitcoin Payments
  • Cryptocurrency Issuer’s Tax Evasion Have Been Approved By Russian Lawmakers
  • KPMG Joins The Metaverse, Spends $30 Million On Employee Web3 Training
  • Meta Releases Dedicated Digital Wallet “Meta Pay” For The Metaverse

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– Uzbekistan Gets Fully Ready For Bitcoin Mining Operations And Guidelines

In Uzbekistan, the National Agency of Prospective Projects (NAPP) made public its expectations of cryptocurrency mining companies. Only businesses that employ solar energy would be permitted to mine Bitcoin (BTC) or other cryptocurrency. The normative act on the government website, dated June 24, outlines the confirmation of Guidelines on the registration of the mining of crypto assets and establishes July 9 as the completion date. Read Full on cointelegraph.

– As Hyperinflation Grips Lebanon, Its University Students Uses Crypto As A Hedge

The American University of Beirut has been putting together a course load focusing on cryptocurrency and blockchain applications in the midst of a terrible financial crisis and hyperinflation in Lebanon. One team created a system of prepaid cards that scratch off to reveal private keys granting holders access to USDT wallets. The team is currently enrolled in the university’s incubator program. Read Full on theblock.

– Entrepreneurs In El Salvador Can Now Claim $100,000 Bitcoin Incentive

According to Bitcoin Archive’s recent tweet, Salvadorian business owners working in the area are eligible for a $100,000 Bitcoin grant to help the local Soyapango economy. With 290,000 residents, Soyapango is the third most densely inhabited area in El Salvador. Soyapango, a significant route leading to the country’s eastern region, is situated to the east of San Salvador, the nation’s capital.Read Full on cryptoslate.

– Cathie Wood Predicts That The Crypto Revolution Will Continue

Ark Invest CEO Cathie Wood expressed optimism about the future of cryptocurrencies and emphasized that, despite the recent market dip, they will not be stopped. The Metaverse and non-fungible tokens (NFTs) are, in Ark’s opinion, the internet’s future counterparts. The investor is certain that the digital property rights afforded by NFTs will become extremely essential even though this revolution is still in its early stages. Read Full on U.Today.

– Tech Firm, Tencent Enters The Metaverse, Launched Its Extended Reality Unit

The Chinese media and technology behemoth Tencent announced the establishment of its own metaverse-focused division. The department, known as the extended reality unit, will be in charge of incorporating all metaverse-driven initiatives, including technological advances in both hardware and software. In this subsidiary, the company plans to employ more than 300 people, and Tencent is giving it top priority even as it implements cost-cutting measures. Read Full on Bitcoin News.

– Breitling, A High-End Watchmaker, Now Accepts Bitcoin Payments

In order to enable clients to buy its wristwatches and bands using cryptocurrencies, luxury watchmaker Breitling has partnered with BitPay, one of the biggest suppliers of bitcoin payment services, the payment provider said on June 28. Customers will be able to buy any watch on Breitling’s website using Bitcoin (BTC), Bitcoin Cash (BCH), DogeCoin (DOGE), Ethereum (ETH), Litecoin (LTC), Wrapped Bitcoin (WBTC), and five stablecoins.Read Full on Finbold.

– Cryptocurrency Issuer’s Tax Evasion Have Been Approved By Russian Lawmakers

The Russian Parliament has passed a draft law that will exclude cryptocurrency and digital asset issuers from value-added tax (VAT). The law would not only exclude issuers from paying VAT but also establish a new tax rate on taxable revenue from digital assets of 15% for international firms and 13% for Russian companies. The country, which has previously harshly criticized digital assets, is changing its mind in response to this new legislation. Read Full on theblock.

– KPMG Joins The Metaverse, Spends $30 Million On Employee Web3 Training

To assist its staff and clients in pursuing growth prospects in the digital space, KPMG, one of the Big Four accountancy firms in Canada and the U.S, has announced the creation of its first metaverse collaboration hub. With a new collaborative hub that uses Web3 to connect staff, clients, and others, KPMG is embracing the metaverse. The metaverse hub focused on education is the “signature piece” of the company’s $30 million investment in Web3 experiences this year.Read Full on cointelegraph.

– Meta Releases Dedicated Digital Wallet “Meta Pay” For The Metaverse

A new digital wallet that would support user economies in the future version of Meta’s metaverse was launched by Meta. This is an attempt to solve the issue of transaction and value exchanges in the metaverse. The wallet, dubbed Meta Pay, will be a development of what is currently known as Facebook Pay. It will continue to support the wide range of payments it currently handles, but with a new emphasis on digital identity and proof of ownership. Read Full on Bitcoin News.
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