Crypto is at a mainstream tipping point due to the emergence of regulated investment products, according to Matt Huang of Paradigm. The cryptocurrency industry is approaching its “Netscape moment,” as steady progress in blockchain infrastructure and the rise of regulated investment products drive a new wave of institutional adoption, according to Paradigm co-founder Matt Huang. The crypto sector is “facing its ‘Netscape’ or ‘iPhone’ moment,” Huang wrote Sunday in a post on X. “It’s working bigger than ever before, far beyond our wildest dreams. Both the institutional parts and the cypherpunk parts.” Netscape launched the first easy-to-use web browser for mainstream users in 1994 before going public with a successful initial public offering (IPO) in August 1995, marking the first building block that triggered the internet’s mass adoption. Read more
Fresh clashes along the Thai-Cambodia border are being met with grim resignation by civilians, as they flock again to makeshift shelters still standing from the last bout of combat. Displaced children chased each other on the tarmac of Thailand’s Chang International Circuit race track, where hundreds of families were sheltering in vast silo-shaped tents. “I want the government to deal with this decisively so it stops for good,” said handyman Boonsong Boonpimay at the racecourse in Buriram city, 70 kilometres from the fraught frontier. “Otherwise we’ll have to keep living like this — unable to work and constantly on edge,” the 51-year-old told AFP. Thailand and Cambodia have a long-standing dispute over portions of their boundary dating back to their colonial-era demarcation. Residents rest inside a temple after they evacuated following clashes along the Cambodia-Thailand border, in Siem Reap province on December 9. — AFP Five days of combat in July killed dozens of people and displaced around 300,000 on both ...
Hong Kong has launched a public consultation on adopting the OECD’s crypto account tax data sharing program, CARF, and revising its tax reporting standards. Hong Kong has launched a public consultation on how to implement the international Crypto-Asset Reporting Framework, or CARF, as it moves to bring crypto tax data sharing in line with global standards. According to a Tuesday news release, Hong Kong is seeking input on both the implementation of CARF and changes to tax reporting standards. The announcement explicitly ties the move to the local administration’s efforts to fight cross-border tax evasion. The move constitutes standardization rather than a change of direction by the local government. As the announcement points out, Hong Kong authorities have been annually exchanging financial account information with partner jurisdictions since 2018. Read more
Сегодня, 9 декабря, криворожан призывают воздержаться от пользования подъемниками из-за непредсказуемых аварийных отключений электроэнергии.Об этом Подробнее