Cryptocurrency salary bill submitted to Argentina’s Congress

Cryptocurrency salary bill submitted to Argentina’s Congress

A member of the lower house of the National Congress of Argentina presented a bill that will allow workers in the export of goods and services to receive full or partial salaries in cryptocurrencies. Member of the Argentine Chamber of Deputies, José Luis Ramón, said his proposed bill would apply to anyone who provides services or works for hire. If this proposal is accepted, residents of the country will be able to choose how they…

Circle will go public through merger with Concord Acquisition Corp

Circle will go public through merger with Concord Acquisition Corp

Circle, the issuer of the USDC stablecoin, has announced a merger with Concord Acquisition Corp, which will allow it to enter the US stock market later this year. Circle receives funding from US investment bank Goldman Sachs. This bank acts as the exclusive financial advisor to Concord. With the help of a specialized targeted mergers and acquisitions company (SPAC), Circle plans to list its securities on the New York Stock Exchange (NYSE) under the ticker…

Iran suspended the work of licensed mining companies until August

Iran suspended the work of licensed mining companies until August

Iranian First Vice President Eshak Jahangiri has called on all licensed miners in the country to stop operating due to the ongoing energy crisis. According to the Tasnim News Agency, Eshaq Jahangiri said in a meeting with Department of Energy officials that electricity consumption restrictions for cryptocurrency miners are likely to remain until early August. In May, the Iranian president approved a ban on mining cryptocurrencies until September 22, as mining overloads the country’s energy…

DappRadar: $ 2.5 billion worth of NFTs sold since early 2021

DappRadar: $ 2.5 billion worth of NFTs sold since early 2021

In the first half of 2021, NFT sales reached $ 2.5 billion. Since March, sales of non-fungible tokens have ranged from 10,000 to 20,000 NFT per week. According to a Reuters publication citing data from DappRadar, in the first half of 2021, non-fungible token (NFT) sales totaled $ 2.5 billion.   In the first quarter of 2021, interest in the industry grew – non-fungible tokens became popular in the art world after the artist’s painting…