IRS releases notice on taxation of NFTs as collectibles
In its first published guidance addressing non-fungible tokens (NFTs), the Internal Revenue Service (IRS) issued Notice 2023-27 on March 21, 2023, announcing its intention to issue...
Category: NFT
Top 10 NFT-Supporting Blockchains by Thirty-Day NFT Sales Volume by CoinEdition
NFTs have established a formidable sector in the cryptocurrency industry. According to Cryptorank, the NFT market is worth $2.9 billion by market capitalization. The top 10...
Coniun Tokenizes the NFT Ecosystem and Announces its First IDO
Coniun, a leading Web3 company, has announced the tokenization of its NFT ecosystem to promote sustainability and scalability. The project, which includes a suite of B2B...
Rishi Sunak’s ‘NFT for Britain’ plan scrapped after 11 months
Rishi Sunak’s plan for an ‘NFT for Britain’ has been quietly shelved after just 11 months. Photo: Peter Nicholls/Reuters The UK Treasury has abandoned its proposal...
Gucci begins NFT collaboration with Yuga Labs
During the 2023 edition of Metaverse Fashion Week, 28-31 In March, Gucci announced a new partnership with NFT (Non-Fungible Token) giant Yuga Labs, creators of the...
C+Charge Announces NFT Partnership with Waygate for 3D Capture of Electric Vehicles
Tuesday 28 March 2023 – C+Chargean EV charging platform, has teamed up with The Waygatea smartphone application available on Android and iOS that allows individuals to...
Ticketmaster Trials NFT Tickets for Avenged Sevenfold Tour
Ticketmaster, a well-known leader in event ticketing, is again experimenting with NFTs that give certain token holders exclusive access and discounts to events. Ticketmaster has integrated...
UK drops plans to create NFTs
The UK government has suspended its NFT launch Getty Images The UK has scrapped plans to create its own government-backed NFTs. The British government first announced...
Sotheby’s has paused its latest NFT auction after an artist withdrew his work in protest against the all-male series
Auctions Of the 21 glitch artists curated by Sotheby’s, not a single one identified as a woman. Richard Whiddington 30 minutes ago Patrick Amadon, Static error...
UK drops plans to create NFTs
The UK government has suspended its NFT launch Getty Images The UK has scrapped plans to create its own government-backed NFTs. The British government first announced...