The government of Australia reportedly plans to identify which cryptocurrencies are widely used in the country and place them under a regulatory framework by the end of 2022. Numerous Australian polit...
Category: Crypto
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1xBit Welcomes COSMOS to the Family
Touted as one of the fastest growing crypto betting platforms in this era, 1xBit stays consistent in its resolve to diversify payment options and make gambling operations easier for bettors. With Cosm...
Indonesia Rakes in Approximately $6.8m Monthly from Fintech & Crypto Transaction Taxes
Since the rollout of fintech and crypto transaction taxes in May, Indonesia has amassed nearly $6.8 million, according to the nation’s tax compliance special staffer Yon Arsal. During a recent retail ...
SEC Chair Making Unnecessary Mess With Crypto?
The U.S SEC recently launched investigations over digital assets companies have raised questions over its approach towards the industry. Experts suggest that the Commission’s Chair has too much on his...
Where to Buy Dogecoin (DOGE) Crypto (& How To): Guide 2022
What would you think if someone today created a new cryptocurrency, and it was very obvious from the start that it was intended to be satirical? A lot of people probably wouldn’t even give it a second...
New Australian Government Opens Up on Crypto Regulations
17 seconds ago | 2 mins read Bitcoin News The token mapping effort aims to be completed by the end of the year. The Treasury will also begin working on some of the other recommendations soon. The Aust...
South Korea may levy up to 50% ‘gift tax’ on crypto airdrops under current law
South Korean officials have interpreted existing laws to mean crypto airdrops may be subject to “gift tax,” according to local media outlet Yonhap News Agency (YNA). Officials at the Ministry of Strat...
Australian Govt Steps up Crypto Regulation With ‘Token Mapping’ Exercise
The Australian government has begun its efforts to regulate the crypto space with the announcement of the launch of a token mapping exercise to better regulate the market. Treasurer Jim Chalmers said ...
Ether down 18% as crypto markets in the red: the week in markets
Crypto markets surrendered gains this week as financial markets began to cool around the globe on persistent macroeconomic fears. Dog-themed memecoins were outperforming the market earlier in the wee...
Celphish Finance survives the “crypto winter”
SPONSORED POST* The crypto market has entered a period of recession known as the crypto winter. As such, crypto tokens are witnessing significant price declines from all-time highs. This drop in token...
Coinbase Warns Against Increase In Romance Crypto Investment Scams
US crypto exchange giant Coinbase has issued warnings on the alarming increase in romance exchange scams called ‘Sha zu pan” or “pig butchering.” In this type of scam, the perpetrator generally looks ...
Legendary Trader Peter Brandt Updates Outlook on Shiba Inu (SHIB), Says Bitcoin (BTC) Can Go Lower After Calling Crypto Crash
Veteran trader Peter Brandt is offering up his latest take on Bitcoin (BTC) and Dogecoin (DOGE) competitor Shiba Inu (SHIB). Brandt tells his 674,000 Twitter followers that SHIB has just completed an ...
World’s Longest-Standing Crypto Exchange Celebrates 11th Birthday
Alex Dovbnya Bitstamp, top crypto exchange within European Union, has celebrated its 11th year in operation Bitstamp, the oldest active cryptocurrency exchange, has turned 11 years old. This, of cours...
‘There’s no reason to treat the crypto market differently from the rest of the capital markets just because it uses a different technology’: SEC chief Gary Gensler
“‘We can dispense with the idea that crypto lending isn’t subject to regulation. On the contrary, the rules have been around for decades. The platforms aren’t following them.’” — Gary Gensler, Securit...
Australia to Define Crypto in ‘Token Mapping’ Exercise
The new Labor government is pushing on with plans to define digital assets and fit them for purpose under Australian law. It will also seek to further a formal licensing regime for digital asset busin...
US, Ukraine, and UK lead in overall use of crypto globally, new study reveals
As the cryptocurrency sector grows, digital assets are being utilized for various purposes such as payments and investment. However, the use of cryptocurrencies for such functions significantly varies...
Youniverze will change the world of crypto
SPONSORED POST* The growing popularity of blockchain networks has led to increased difficulties in the processes for confirming transactions because mining requires more computer power. Users must pay...
South Korea to Impose 10–50% Gift Tax on Crypto Airdrops
The South Korean government will impose a gift tax on crypto airdrops, with the tax rate ranging from 10 to 50%. Regulators will examine the airdrops on a case-by-case basis. South Korea’s government ...
With Uniglo (GLO) Moving into Presale Phase 2, Avalanche (AVAX) and Binance Coin (BNB) Holders are Looking to Bridge
A new player – Uniglo (GLO) – is shaking things up in the decentralized finance (DeFi) space. Uniglo is a new social currency currently in the second phase of its presale. Many investors, users, and e...
Mark Cuban’s Crypto Scam Lawsuit Just Beginning
Arman Shirinyan Famous Bitcoin critic believes Mark Cuban will not be last one Peter Schiff has shared his view on the lawsuit against Mark Cuban, who allegedly promoted a cryptocurrency scam that led...
Crypto tax return in Part Rw- The Cryptonomist
The Italian Revenue Agency in a circular clarifies doubts regarding the income tax return from cryptocurrency, in case the platform is Italian. The tax return from cryptocurrency income in Italy Taxat...
Russian Caught Mining Crypto in Covid-19 Clinic – Mining Bitcoin News
An IT specialist working for a medical institution in Russia’s Altai Republic has been detained for illegally mining cryptocurrency at the premises of a Covid-19 hospital. The man minted digital curre...
Crypto Market Cap Could Burst to $200,000,000,000,000 Amid Largest Wealth Accumulation in History: Macro Guru Raoul Pal
Former Goldman Sachs executive Raoul Pal says an explosion of the crypto market cap by 200x in the next decade is within the realm of possibility. In a new interview with crypto analyst Scott Melker, ...
Big Crash Needed for Crypto to Go Mainstream, Says Kim Dotcom
Internet entrepreneur Kim Dotcom, formerly known as Kim Schmitz, has said that a “big crash” would help mainstream crypto assets as an everyday medium of exchange rather than encouraging speculative b...
Australia to “Token Map” Crypto Assets
Alex Dovbnya The first government in the world is set to review the characteristics of cryptocurrencies as part of the token mapping process Australia is set to become the first country to conduct the...
Last Week [In] Crypto: Growth, Regulation, Scams, Step-Downs
Be[In]Crypto has gathered some of the most important stories from the crypto industry in the past week, in case you missed them. Don’t forget to subscribe to our newsletter and get the weekly roundups...
South Koreans Will Have to Pay A Heavy Gift Tax on Crypto Airdrops
As per the latest reports, the Ministry of Strategy and Finance is looking to introduce a new gift tax on airdrops for crypto assets. Earlier today, August 22, the ministry was responding to a tax law...
Cybersecurity analyst reveals 8 sneaky crypto scams on Twitter right now
Cybersecurity analyst Serpent has revealed his picks for the most dastardly crypto and non-fungible token (NFT) scams currently active on Twitter. The analyst, who has 253,400 followers on Twitter, is...
Celsius Spent Over $40m on Crypto Mining in First Two Weeks after Bankruptcy
Celsius Network LLC used more than $40 million in cash on its startup mining operation in the first two weeks after filing for bankruptcy, according to a report from the Wall Street Journal (WSJ). The...