PureNews:. UK Lawmakers Start Inquiry Into Crypto Use.
14 Jul 2022, 07:23
📰 PureNews:
📍 UK Lawmakers Start Inquiry Into Crypto Use
Parliament's Treasury Committee is requesting evidence on matters such as the possibility of digital currencies replacing fiat money and the effect of crypto on social inclusion.
📍 Kazakhstan President Signs Law Increasing Tax Burden for Crypto Miners
President of Kazakhstan Kassym-Jomart Tokayev has signed into law a bill amending the country’s Tax Code to impose higher tax rates on crypto miners. The levy will depend on the amount and average price of electricity utilized in the extraction of digital currencies like bitcoin.
📍 Survey reveals high penetration and adoption of crypto in Saudi Arabia
The high degree of penetration and adoption of crypto in Saudi Arabia makes it an important market for digital currencies, demonstrating the potential for expansion in the Middle East and North (MENA) region.