As it is known, Bitwise's applications for Bitwise's Spot Bitcoin ETF are finalized on July 6. The Grayscale front has recently stated that they are working on any possible results. Finally, company CEO Michael Sonnenshein said on June 27 that they are preparing for every possible scenario. In case of refusal, the company is expected to take the case to court.
Tax Regulation for Owners of Digital Assets from Russia
A draft law on tax exemption for holders of crypto assets in Russia has been approved. With this regulation, value-added tax exemption will be applied to information tax operators and digital asset owners. The income tax rate in Russia, which is normally 20%, will be reduced to 13% for companies and 15% for other groups with the draft law.
Quite a Positive Development for Axie Infinity
Due to a major theft incident in recent months, the bridge between Axie Infinity and Ronin was closed and hundreds of people were victimized. Ronin reported that the bridge will be rebuilt in recent weeks and that the victims will be compensated. Yesterday it was announced that the bridge was opened.
World Giant Company Enters the Metaverse
The famous e-commerce organization eBay is preparing to enter the metaverse and NFT markets. The company has applied to establish a digital product marketplace for NFT trading, NFT exchange, and sales of real and digital products.
Morocco's Central Bank Announces Bitcoin and Crypto Asset Regulation
Morocco has joined the list of countries where crypto assets are officially recognized and intended to be controlled. The country's central bank, Bank Al-Maghrib, is issuing a crypto regulation plan along with advice from a global financial institution.
Chainlink Begins to Be Listed on the Famous Platform
Chainlink has started to be listed on the famous stock trading platform Robinhood. The company made its official announcement after LINK was opened for trading. LINK experienced a 4% rise in reaction to this development.
Cosmos Hub Announces New Feature
Cosmos said that a new feature related to Interchain security will be announced. Interchain security allows some applications and chains to protect themselves through Cosmos Hub. This development is expected to be completed in about 3 months.
We support the Turkish sports and our sportspeople via our sponsorships agreements with 1907 Fenerbahçe Wheelchair Basketball Team, Cem Bölükbaşı, Erden Eruç, and Turkish Automobile Sports Federation! In this very rewarding and helpful journey of ours, we will continue to enrich and strengthen the Turkish sports thanks to the new steps we take in reaching brand new sponsorship agreements.