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crypto adoption
India Edges Toward Crypto Legalization With 30% Tax, Announces Digital Rupee Launch
Indian Finance Minister Nirmala Sitharaman announced a 30% tax on any income from the transfer of digital assets on Tuesday. She also said the digital rupee will most likely be issued by 2023, despite the lack of regulatory clarity.

Could Texas Be a World Leader in Crypto?
Texas Bitcoin Foundation launched last week to lead original research and educate the public about bitcoin’s social and economic impacts. Executive Director Natalie Smolenski shares insights into the 501(c)(3) nonprofit organization and what it’s found about bitcoin so far. Plus, the state of crypto in Texas.

Goldman Sachs: Bitcoin, Altcoins to Become More Correlated With Traditional Financial Market Variables
In a report Thursday, Goldman Sachs said mainstream crypto adoption can raise valuations but also raise correlations with other financial market variables, reducing the diversification benefits of holding digital assets. “The Hash” hosts dig into the report, discussing whether bitcoin moves in sync with the traditional markets.

Rio De Janeiro 'Inspired by Miami' to Add Crypto to Its Balance Sheet
Brazil's second most populous city, Rio De Janeiro, is planning to allocate 1% of the city's treasury reserves to cryptocurrencies, also exploring applying discounts to tax payments made with bitcoin. "We were really inspired by Miami actually," Rio de Janeiro Economic Development Secretary Chicão Bulhões said of the move, sharing insights into what this means for the state of crypto in Brazil.

Animoca Brands Co-founder on Company Valuation Tripling to $5.5B, NFT Investment and Web 3 Debate
Yat Siu, co-founder of Hong Kong-based blockchain gaming unicorn Animoca Brands, shares insights into the firm’s latest $358.8 million raise valuing the firm at a more than $5 billion valuation, triple where it was in October.

Twitter Launches NFT Profile Picture Verification
After months of anticipation, Twitter has released an official verification mechanism for non-fungible token (NFT) profile pictures. "The Hash" squad discusses the latest rollout bringing NFT and crypto tech awareness to the masses.

MoneyGram Takes 4% Stake in Coinme, Building on Existing Partnership
Cash transfer company MoneyGram International (MGI) has made a strategic minority investment in crypto-cash exchange firm Coinme, giving it a 4% ownership stake. Last May, MoneyGram allowed bitcoin buying and selling for cash at 12,000 U.S. retail locations through a partnership with Coinme. MoneyGram CEO Alexander Holmes and Coinme CEO Neil Bergquist share insights into the deal and what this means for their business operations, international expansion, and global crypto adoption.

Allbridge Co-founder on the State of Crypto in Ukraine
Andriy Velykyy, co-founder of AllBridge, a token bridge enabling the transfer of assets between different networks, shares insights into the outlook for Ukraine as a digital assets hub. How might geopolitical tensions with Russia impact crypto adoption in the country? Plus, Velykyy's crypto markets analysis and outlook for 2022.
