• The president of Kazakhstan, Kassym-Jomart Tokayev, called for a higher tax of nearly 500% on crypto mining just weeks after a new levy on the industry came into effect.
• Google Cloud said it’s adding Virtual Machine Threat Detection (VMTD), which will help detect threats, including malware that mines cryptocurrency on a compromised account.
• The Federal Deposit Insurance Corporation (FDIC) has included evaluating crypto-asset risks on its list of priorities for the year.
• The US-based sportswear giant Nike is suing StockX, an online resale marketplace selling shoes, streetwear, and other goods, for trademark infringement, trademark dilution, and other charges.
• Professional services firm KPMG in Canada allocates bitcoin and ether to its corporate treasury.
• America’s largest crypto exchanges are reportedly set to run ads during this year’s Super Bowl
• Zimbabwe’s central bank, which has expressed its opposition to cryptocurrencies in the past, announced yesterday it is presently exploring the feasibility of rolling out its own central bank digital currency.
• The first real estate purchase with Bitcoin was registered in Colombia last week. The company, called La Haus, sold one property in Santa Marta to a buyer not in Colombia at the time of the purchase. While Colombia is just starting to consider bitcoin for real estate payments, it is becoming more common in neighboring countries like Venezuela to use crypto for such transactions.
• Cryptocurrency and blockchain firms are concerned about the future legislation revolving around the cryptocurrency industry, and money spent on lobbying cemented this fact. A recently published study indicates that money spent on crypto lobbying jumped 116% in 12 months, with $9.56 million leveraged to seek influence from politicians and public officials.
**Top 10 Trending Cryptos:**