news summary Cryptocurrency in the week 23-29 January 2022

A summary of the top news stories of Bitcoin and cryptocurrency. in the past week which has many incidents And so that you don’t miss any interesting points, we’ve put them together for you to read again.

  • Myanmar’s junta plans to ban VPNs and cryptocurrencies Myanmar’s junta government has drafted cybersecurity law. It bans the use of virtual private networks or VPNs, which will result in penalties of both imprisonment and/or fines. This has made digital rights organizations concerned about the impact of further lockdowns to the outside world.
  • Bank of South Korea The first phase of the digital currency (CBDC) pilot project has been completed. Bank of South Korea Successfully completed the first phase of the Central Bank Digital Currency (CBDC) mock test starting in August 2021.
  • Minister of Finance confirmed!! No postponement of crypto taxes Along with urging the Revenue Department to expedite the summary of collection guidelines within Jan. Mr. Arkhom Termpittayapaisith The Minister of Finance revealed that the taxation of investments in digital assets or cryptocurrencies The IRS is currently working to develop clear guidelines for filing cryptocurrency income tax returns.
  • Grayscale Adds 25 Digital Assets To ‘Consider’ List, Including DeFi, Metaverse Grayscale Investments, fund manager Grayscale DeFi Fund and Grayscale Digital Large Cap Fund, have added 25 new digital assets.
  • The Bank of Thailand, the SEC, and the SEC have jointly formulated guidelines for regulating digital assets as a medium for payment of goods and services. The Bank of Thailand (BOT), the Office of the Securities and Exchange Commission (SEC) and the Ministry of Finance (KK) have discussed the benefits and risks of digital assets.
  • BTZ Token : Get to know BTZ and analyze growth opportunities. On January 19, 2022, the way “Bitazza Thai digital asset broker licensed by the SEC has adjusted the total amount of BTZ tokens from 300 million tokens are 3,000 million tokens
  • IMF Urges El Salvador to Stop Using Bitcoin as Legal Money The Executive Director of the International Monetary Fund (IMF) has called on El Salvador to strip Bitcoin as legal money in the country. As announced on January 25
  • Merkle Capital from Cryptomind Group Unveils M-Metaverse and M-Blockchain Strategies at Cryptomind Investment Forum IPO January 26-31 with a minimum investment value starting at 100,000 baht and will officially start asset management on February 1, 2022
  • No more “ETH2.0” after rebranding as “Consensus layer” to avoid confusion The Ethereum Foundation has removed all references to Eth1 and Eth2, changing Eth1 to the “Execution layer” and Eth2, an upgrade to Proof of Stake, the “Consensus layer.”
  • Putin Says Russia Has a ‘Competitive Advantage’ of Bitcoin Mining Russian President Vladimir Putin does not agree with Russia’s central bank. Calling for a Crypto Ban in the Country Recently
  • Diem to Sell Assets to Silvergate Bank for $200 Million The Diem Association, an organization led by Meta Platforms, is looking to launch new, user-friendly coins. It will sell its technology to Silvergate Capital for $200 million, The Wall Street Journal reported, citing unnamed sources.

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