Search results for Latvia
Crypto
Poland crypto law stalled by presidential veto, local industry accelerates move abroad
Poland has failed to pass legislation implementing the EU’s MiCA crypto framework after parliament could not override a presidential veto, leaving it the last EU member without domestic adoption. The dispute centres on a crypto assets market law vetoed twice by President Karol Nawrocki, who cited burdens on small firms. Industry groups criticise the bill as overly expansive and say it gives sweeping powers to the KNF regulator. Some companies are already considering or pursuing moves abroad.
Crypto
NYT points to Adam Back as possible Satoshi Nakamoto after year-long investigation
The New York Times has reported, in an investigative story, that Bitcoin creator Satoshi Nakamoto could be British cryptographer and Blockstream CEO Adam Back, The Block reported on April 8. Pulitzer Prize-winning journalist John Carreyrou analysed old internet posts, court records and cached emails. He narrowed early mailing list users to a single person, citing writing habits. Back has consistently denied being Satoshi, and did so in an HBO documentary.
Telecommunications & Media
Spotify raises U.S. premium subscription price again after last year
Spotify will raise its U.S. premium subscription price to $12.99 from $11.99, CNBC reported on Wednesday. The company previously increased prices to $10.99 in July 2023 and to $11.99 in June last year. The latest adjustment will also apply in countries including Estonia and Latvia, and will be reflected in bills starting in February. Existing users are expected to be notified by email.