nfts

1. Polygon lays off nearly 30% of staff, advancing business transformation centered on stablecoin payments
#Polygon recently conducted an internal round of layoffs, cutting approximately 30% of its workforce, although the company has not yet officially confirmed this. Reports indicate the layoffs come amid a broader business restructuring, as Polygon has recently pivoted toward a strategic focus on stablecoin-based payments and completed acquisitions of Coinme and Sequence.
Meanwhile, some employees and ecosystem members related to Polygon have disclosed their departures and team changes on social platforms. Polygon Labs has not responded to requests for comment at this time.
2. State Taxation Administration urges residents to self-check and report overseas income from 2022–2024
According to relevant departments of the State Taxation Administration, tax authorities continue to strengthen outreach and guidance on individual residents’ tax obligations for overseas income. Since last year, taxpayers have been reminded to review their foreign-sourced income earned between 2022 and 2024. Under laws and regulations such as the Tax Collection and Administration Law, if a taxpayer fails to file returns or underpays taxes due to non-compliance or calculation errors, the tax authority may recover taxes and late fees within three years; cases constituting tax evasion will be handled in accordance with the law.
Paying individual income tax on income earned both domestically and abroad is a globally accepted practice, which helps prevent cross-border tax avoidance and safeguard national tax interests. The tax authority reminds taxpayers that fulfilling tax obligations is a civic duty. Individuals who discover they previously failed to declare foreign income as required should promptly correct and file supplementary returns.
3. Belarus President Lukashenko signs decree formally introducing "crypto bank" system
Belarusian President Lukashenko signed a decree in January 2026 formally establishing the "crypto bank" regime, allowing qualified institutions to offer token-related financial services while conducting traditional banking and payment operations.
Under the decree, crypto banks must be resident enterprises of the High-Tech Park (HTP) and be included in the crypto bank registry maintained by the National Bank of Belarus. They will also be subject to dual oversight from financial regulators and the HTP administration.
4. Moldova plans to introduce cryptocurrency regulations in 2026
Moldovan Finance Minister Andrian Gavriliță announced that a cryptocurrency regulatory framework will be implemented in 2026, covering rules for holding, trading, and exchanging digital assets. As an EU candidate country, Moldova cannot ban cryptocurrencies but must regulate them in fulfillment of its commitments.
The new law prohibits using cryptocurrencies as payment. A 12% income tax will be levied on gains from cryptocurrency transactions (holding itself is not taxed). Drawing on the EU’s MiCA framework and Romania’s experience, the regulation will be jointly drafted by the National Bank, the National Commission for the Financial Market, and the Anti-Money Laundering Office, strengthening anti-money laundering measures.
5. Russian Central Bank proposes requiring banks to report details of clients’ #crypto transactions
The Central Bank of Russia plans to revise reporting rules for private international transfers, requiring commercial banks to provide detailed information on clients’ cryptocurrency-related transactions, including sender/recipient identities, transfer methods, intermediaries, fees, transaction types, and sources. Transactions involving buying/selling cryptocurrencies and digital rights/#NFTs must be reported separately.
The revisions aim to reflect emerging economic phenomena, such as how crypto mining income affects payment balances. The central #bank intends to pass comprehensive cryptocurrency legislation before summer this year and analyze banks’ exposure to crypto assets.
$POL
$XRP
$SOL

Decentralized storage is becoming an important part of #Web3
#walrus is building a network that makes storing big files easy and secure
@Walrus 🦭/acc works on the Sui blockchain to handle videos AI datasets and other large files #Walrus
The system is built to grow with demand and is already live
Instead of using central cloud servers developers can store and get data directly through Walrus
This makes storage cheaper safer and gives users more control
$WAL powers the network
It is used to pay for storage stake in the network and vote on decisions
Holders have a say in how the system develops
Walrus is getting attention because real projects are starting to use it
#NFTs video games and AI projects can store their data in a decentralized way
This shows Walrus is practical and useful
Using Walrus makes digital content safer and truly yours
You do not need to rely on a single company to hold your data
As more apps and developers adopt decentralized storage the $WAL token may grow in importance
Walrus is helping Web3 rethink how data works online
It is building real infrastructure for real users
And that makes the future of Web3 more exciting
$WAL

Animoca Brands has strengthened its position in the digital collectibles and Web3 entertainment sector with the acquisition of Somo, a Web3-native gaming and digital collectibles platform. The deal expands Animoca’s growing ecosystem by bringing Somo’s playable, streamable, and tradable collections into its broader blockchain portfolio.
According to Animoca Brands, Somo will be integrated into its wider Web3 infrastructure, benefiting from shared technology, cross-platform promotion, and Animoca’s extensive global partner network. The integration is expected to accelerate brand growth while enhancing user engagement across gaming, collectibles, and digital entertainment.
Yat Siu, co-founder and executive chairman of Animoca Brands, described Somo as a project building a “cultural operating system for collectibles,” aligning closely with Animoca’s long-term vision of digital ownership and open metaverse economies. The acquisition reflects Animoca’s continued focus on scalable Web3 experiences that blend culture, gaming, and blockchain-based assets.
The transaction comes at a time when the NFT market is showing early signs of recovery. Data from CoinGecko indicates that global NFT market capitalization increased by approximately 20% during the first two weeks of 2026, rising from around $2.5 billion to over $3 billion. Despite this rebound, the market remains well below its previous cycle peak, suggesting that recovery opportunities are emerging alongside continued caution.
The acquisition highlights renewed strategic interest in NFTs and digital collectibles, particularly from established Web3 firms seeking to position themselves ahead of a potential broader market recovery.
This article is for informational purposes only and represents a personal blog perspective. It does not constitute investment advice. Readers should conduct their own research before making any financial decisions. The author is not responsible for any investment outcomes.
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#NFTs #Web3