UK Offers Tax Exemption for Foreign Crypto Investors
Starting Jan. 1 2023, foreign investors purchasing crypto through local UK investment managers or brokers are exempt from additional tax
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Apple’s Market Cap Falls Below $2T as Deliveries Decline
Apple’s shares fell over 3% during intraday trading on Tuesday, taking its market cap down to $1.98 trillion
IRS Seeks Partnership with Crypto Companies to Fight Crime
Top Internal Revenue Service (IRS) law enforcer said the tax-collection agency wants to cooperate with the digital assets industry to fight crypto-related crime
Report Reveals Banking Trends to Watch in 2023
Insider Intelligence highlighted four main banking trends that will emerge in 2023 to help customers weather the economic storms
Final Fantasy Creator Focuses on Blockchain Gaming
Final Fantasy creator Square Enix aims to double its investments in blockchain gaming development, despite the decline of the overall crypto market
Ethereum vs Bitcoin: Which Crypto was More Popular in 2022?
Total transactions on the Ethereum network outstripped Bitcoin more than fourfold, although Bitcoin remained the leader in online search interest
US Credit Card Transaction Volume Hit $3.09T in 2022: Insider Intelligence
Insider Intelligence forecasts US credit card transaction volume to hit $3.089 trillion in 2022, shaped by a few dominant trends
Retailers Prepare to Close the Holiday Quarter: This Season was Different
As holiday shopping is coming to an end, the next few weeks would help determine the overall success of the 2022-2023 holiday quarter for retailers – so far, signals are mixed
Bank of Israel Introduces a Rate Hike
Although inflation in Israel is lower than in most Western countries, the country’s central bank raised its benchmark interest rate on Monday to stabilise the economy
Ethereum Name Service (ENS) Recorded 2.2 Million Registered Domains Last Year
ENS turns difficult-to-read data strings into simple website-style addresses that are easier to remember and use
IMF: Economy to Face “Tough Year” in 2023
According to the Managing Director of the International Monetary Fund, Kristalina Georgieva, the world economy should brace for a tough year in 2023.
EU Gas Prices Fall Amid Mild Winter
The prices for natural gas in the European Union continued their downward trend in the new year.
Virtual Employees Hired in China for $14K a Year
While US companies are slow to adopt virtual employees trend, China’s cyberspace has doubled its “hiring” of digitised human beings
The Reason for Record Wage Raises Revealed
Wages for many US employees were up between 5.5% – 7.7% in November – the highest increase in 25 years of record-keeping
New AI Service QuickVid Generates Videos with Voiceovers
A new AI-enabled web service QuickVid combines several generative systems to automatically create short-form YouTube, Instagram, TikTok and Snapchat videos
Microsoft to Acquire a Stake in London Stock Exchange
The symbiosis between the two giants of the tech industry and traditional markets will also involve the creation of new products able to “revolutionize the way financial advisers provide advice to their clients”
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