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Kiln announces new widget for earning capabilities integration

Web3/Crypto
Webp szabo
Kiln CEO Laszlo Szabo | Kiln

Kiln has announced the introduction of the Kiln Widget, designed to simplify the integration of earning capabilities for customers and partners. This new product enables platforms to launch a branded decentralized application (dApp) or seamlessly embed it into any web interface.

According to a press release by Kiln, the Kiln Widget allows platforms to easily launch a fully branded dApp or embed it into any web interface. With its customizable editor, platforms can tailor their earning sections to reflect their unique branding, enhancing user experience with flexibility. Key features include full customization options for logos, themes, and display styles, as well as seamless integration that requires no technical expertise. Platforms can quickly scale from one to over a hundred staking and decentralized finance (DeFi) integrations, manage crypto asset rewards efficiently, and ensure compliance through built-in geofencing.

The Kiln Widget supports various reward sources, including dedicated validators, staking pools, and DeFi protocols, with ongoing updates to expand these offerings. Platforms can choose which options to enable and pause deposits for outdated products as needed. It caters to a diverse range of users, from wallets and custodians to tech providers and browser extensions, helping them enhance user engagement and monetize their services with integrated earning capabilities. For more information, interested parties can visit the Kiln Widget website or submit a request.

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According to LinkedIn, Szabo has been the co-founder and CEO of Kiln since 2018. He began taking an interest in crypto in 2014 and prior to Kiln, co-founded a tech recruitment firm called Skill Hunter in 2015. Since then he has been accelerating and promoting the adoption of Web3.

Kiln's mission is to simplify access to blockchain protocols, enabling users to earn rewards by securing networks and participating in protocol consensuses with their cryptocurrencies. The company focuses on providing a seamless staking experience across multiple networks while emphasizing technical excellence, innovation, trust, transparency, and prioritizing the well-being of both its team and clients.

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The Italian government recently announced a plan to increase the capital gains tax on bitcoin and other cryptocurrencies from 26% to 42%. This proposal, part of broader fiscal measures to support election pledges and reduce Italy’s fiscal deficit, has raised concerns among cryptocurrency investors and industry leaders.

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On November 14, the European Banking Authority (EBA) released comprehensive guidelines for Payment Service Providers (PSPs) and Crypto-Asset Service Providers (CASPs) to ensure alignment with European Union (EU) and national restrictive measures. These guidelines aim to reduce risks and strengthen compliance when transferring funds or crypto assets.

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The UK government is set to introduce new cryptocurrency regulations aimed at countering the growing appeal of the United States as a destination for crypto businesses. In response to concerns of regulatory delays following Brexit, the legislation focuses on establishing a clearer framework for stablecoins and staking activities, with the goal of strengthening the UK’s position as a global hub for digital assets.

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OpenAI, the world’s largest artificial intelligence company, has announced it will establish a new base in Paris.

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On October 30, UK Chancellor Rachel Reeves announced a capital gains tax (CGT) rate increase for high-income individuals, raising it to 24%. This change has raised concerns in the cryptocurrency community, where some investors fear that increased tax and regulatory pressures will diminish the UK's appeal for digital asset investment.

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