OMGFIN Daily News

UK Affirms Commitment to Regulate Stablecoins Following Terra Meltdown
The British Treasury Department has affirmed its commitment to regulate stablecoins after the collapse of terrausd (UST) and terra (LUNA). “This will create...
Mon, 16 May, 2022 at 7:02 AM
Portugal to lose crypto tax haven status as state announces gains duties
The small Iberian nation is ready to reverse a long-standing tax law that excluded crypto gains on the grounds that they're not legal tender.  To ...
Tue, 17 May, 2022 at 4:02 AM
California regulator will revisit long-running ban on crypto donations on May 19
“This has been on our radar since late last year,” said California’s truthful Political Practices Commission communications director Jay Wierenga.  ...
Tue, 17 May, 2022 at 4:31 AM
Top 5 cryptocurrencies to watch this week: BTC, MANA, MKR, ZEC, KCS
Bitcoin could eventually attempt a relief rally which might trigger a rebound in MANA, MKR, ZEC and KCS price. Bitcoin (BTC) has been relatively...
Tue, 17 May, 2022 at 5:08 AM
Spotify reportedly tests NFT galleries on musician profiles
The platform is exploring the possibilities to “improve artists’ and fan experiences,” measure its users.  Major music streaming platform Spotify is r...
Wed, 18 May, 2022 at 5:22 AM
German BaFin official calls for ‘innovative’ EU-wide DeFi regulation
Highlighting Germany’s crypto license as an example of attractive regulation, Birgit Rodolphe writes that similar frameworks should be the same throughout t...
Wed, 18 May, 2022 at 5:37 AM
Global financial regulators will discuss crypto at G7: Report
Bank of France Governor François Villeroy de Galhau reportedly said that the recent crypto market volatility had been a “wake-up call” for world regulators....
Wed, 18 May, 2022 at 5:58 AM
Early polling from Terra vote indicates 91% are in favor of 'rebirth'
Despite the overwhelming approval of the proposal as of Wed, several Terra users on social media prompt the network burn its Luna tokens.  Terraform L...
Thu, 19 May, 2022 at 2:15 AM
Crypto jobs market holding up despite tech industry cutbacks
Crypto-specialist recruiters say they have not witnessed a downturn in crypto-related job opportunities, despite a myriad of staff lay-offs in the wider tec...
Thu, 19 May, 2022 at 2:25 AM
Russia will inevitably legalize crypto payments, says trade minister
“The question is when this will happen, however it'll happen and the way it'll be regulated. currently each the central bank and also the government...
Fri, 20 May, 2022 at 2:07 AM