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Kanye West Intents to Launch NFTs, Seeks Trademark Protection for YEEZUS Name
source link: https://nextbigwhat.com/japanese-pm-encourages-web3-related-growth-open-to-modify-crypto-tax-legislation/
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about 5 hours ago
- In order to encourage Web3-related growth, Japanese Prime Minister Fumio Kishida has stated that he may be open to modifying the country’s crypto tax legislation.
- Kishida spoke to parliament last week, saying that Web 3 may spur economic growth and hinting that he might be willing to go through with pro-business legislation reform.
- The opposition Democratic Party for the People Leader Yuichiro Tamaki has been one of the most vociferous opponents of the present crypto tax policy, which entails crypto being categorized as miscellaneous income.
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Chipotle Restaurants Now Accept Crypto Payments Across the US
about 5 hours ago
- The popular Mexican fast food chain Chipotle is now accepting cryptocurrency payments through digital payment provider Flexa at all of its over 2,950 United States based restaurants.
- Flexa announced the partnership on June 1st which will see Chipotle accept all the 98 cryptocurrencies Flexa currently supports including Bitcoin, Ethereum and seven U.S. dollar-pegged stablecoins including USD Coin.
- Chipotle has briefly experimented with cryptocurrencies in the past. In April 2021 to celebrate National Burrito Day, it gave away $100,000 worth of Bitcoin along with free burritos and claimed it was the first U.S. restaurant brand to offer a crypto giveaway.
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Kanye West Intents to Launch NFTs, Seeks Trademark Protection for YEEZUS Name
about 5 hours ago
- Kanye West is seeking trademark protection for his YEEZUS name, signaling an intent to launch namesake amusement parks, non-fungible tokens, toys and more.
- On Feb. 1, West, who has legally changed his name to “Ye,” posted a handwritten note on Instagram that said he wanted to build “real products in the real world” and had no interest in NFTs. The Instagram post has since been deleted.
- Over the past few months, celebrities have been increasingly filing for metaverse and NFT-related trademarks.
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