News list for "Romania"
The Romanian National Gaming Office (ONJN) on Thursday blacklisted prediction market platform Polymarket for operating without a license. ONJN classifies betting on Polymarket as counterparty bets rather than transactions. In Romania, gaming is a state monopoly and operators must apply for and obtain a license from the National Gaming Office before conducting business. ONJN President Vlad-Cristian Soare said that...
Romania's new government plans to tax cryptocurrency gains as well as income from social media platforms.
The Sandbox announced the acquisition of QED, a Romanian software development company, and the establishment of The Sandbox Romania. The QED team has six years of experience developing scalable software solutions, and this merger will further enhance the technical capabilities of The Sandbox platform and accelerate its global expansion. QED has been working with The Sandbox for more than two years, focusing on areas such as blockchain integration and software development. Following this acquisit...
In a Romanian investigation into the financing of election corruptive practices, cryptocurrency entrepreneur Bogdan Pežchir has been seized from his home with $7 million. Peschir has drawn attention for allegedly sending $381,000 to various TikTok accounts that have been promoting Romanian presidential frontrunner Cælin Georgescu. Far-right, pro-Russian independent Georgescu burst onto Romania's political scene just weeks before the first round of voting in late November. Some 25,000 TikTok...
Web3 development company Alchemy has announced the acquisition of Romanian blockchain infrastructure provider Bware for an undisclosed amount. It is reported that the acquisition will not affect Alchemy or Bware customers, and Alchemy will not take over Bware's INFRA decentralized network and its tokens. This acquisition will expand Alchemy's business in Europe.
Market news: Dutch Prime Minister Mark Rutte is set to become the new NATO Secretary General after the Romanian president abandoned his bid for NATO Secretary General.
The Romanian central bank kept the base rate at 7.00 percent, compared with market expectations of 6.75 percent.
