Vancouver, British Columbia, 20th October, 2022, Chainwire Holders Will Gain Access to the Alpha Release on November 1, 2022, Which is Being Designed to Provide the Highest Resolution and Most Realist...
Tag: Assets
IRS Includes Digital Assets Category in IRS Tax Form Draft
Meanwhile, the IRS has found a way to clarify the status of NFTs for crypto investors. A new draft by the Internal Revenue Service (IRS) includes a Digital Assets section that details if and how US ta...
South African Financial Sector Regulator Declares Crypto Assets a Financial Product – Regulation Bitcoin News
According to a general notice published in a government gazette, crypto assets are now treated as financial products under South Africa’s Financial Advisory and Intermediary Services (FAIS) Act. Decla...
Crypto Assets Are Now Classified as Financial Products
South Africa has declared crypto assets as a financial product under the Financial Advisory and Intermediary Services act. South Africa’s Financial Sector Conduct Authority released a notice to declar...
IRS introduces broader ‘Digital Assets’ category ahead of 2022 tax year
American taxpayers will find a broader, more defined category encompassing cryptocurrencies and nonfungible tokens (NFTs) in their 2022 IRS tax forms. The draft bill released by the Internal Revenue S...
IRS classifies NFTs as digital assets; retail investors group seeks to track down Do Kwon
The biggest news in the cryptoverse for Oct. 19 includes the IRS classifying NFTs as digital assets for tax purposes, Cardano NFTs becoming the next gold rush, Blockchain advocacy groups filing a mot...
South Africa Classifies Crypto as Financial Assets
The Financial Sector Conduct Authority (FSCA), a financial institutions market conduct regulator in South Africa, announced on Wednesday that the country has declared crypto assets as financial produc...
Users Have Until December to Withdraw Assets From Crypto Bank Nuri
The German-based crypto bank – Nuri – revealed it will terminate its operations due to the harsh consequences of the crypto winter and the negative macroeconomic environment. It informed that customer...
US IRS Introduces Broad Category for Digital Assets Ahead of Tax Season
The United States Internal Revenue Service (IRS) is preparing for the forthcoming tax season, especially as it concerns digital assets. According to a draft bill published by the tax regulator, invest...
Kevin O’Leary says these are the best assets to own as inflation remains white hot — maintain your purchasing power now
Kevin O’Leary says these are the best assets to own as inflation remains white hot — maintain your purchasing power now Inflation remains hot. In September, U.S. consumer prices spiked 8.2% from...
US tax watchdog classifies NFT as digital assets for tax purposes
The U.S. Internal Revenue Service (IRS) could begin to tax non-fungible tokens (NFTs) as it has classified them as digital assets alongside virtual currencies in its updated draft instructions for the...
Credit Suisse Slashes Assets and Staff; Deutsche Bank Faces Fresh Crisis
Credit Suisse is planning to decimate its workforce and sell off key assets as the institution attempts to emerge from a period of financial distress, and Deutsche Bank is being sued by an employee. C...
MicroStrategy (MSTR) outperforms leading traditional assets since adopting Bitcoin standard
Bitcoin’s (BTC) last market bull market was inspired by institutional investors who accumulated the assets at historical levels. Among the notable institutions is United States-based business intellig...
Payments Giant Working To Unlock Full Potential of Crypto and Digital Assets
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UK FCA Appoints Binu Paul as New Digital Assets Department Head
Bitcoin News To legally operate in the UK, crypto businesses need to get FCA-authorization. Paul served as the Financial Markets Authority of New Zealand’s lead fintech specialist. Binu Paul has been ...
French Bank SocGen Obtains Regulatory Approval to Offer Crypto Assets Services
According to a breaking report released Sunday, Société Générale, a major bank in France, quietly received regulatory approval to operate as a digital asset service provider in the country last month....
Brazil Again Created A Record By Holding A Huge Amount Of Crypto Assets
In Brazil, companies created a record by purchasing more than 12,000 crypto assets within the month of August. Brazil stands out among the top 5 countries for having a huge number of crypto investors,...
Binu Paul Appointed as Head of Digital Assets in the U.K’s FCA
Binu Paul has been named the new head of digital assets at the Financial Conduct Authority (FCA), the primary financial regulator in the United Kingdom. The news was first announced after Paul made a ...
The debt vigilantes are back, and even U.S. assets will struggle. Here’s what to buy instead, says one veteran fund manager.
Markets are struggling to extend the previous session’s impressive rebound. There may be a number of reasons why a worse-than-expected inflation report was eventually shrugged off with such vigor on T...
UK’s FCA Appoints Binu Paul to Lead Its Digital Assets Department
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Mastercard Executive Says Payments Giant Working To Unlock Full Potential of Crypto and Digital Assets
A top executive at credit card giant Mastercard says that the firm is working on unlocking the full potential of crypto assets. In a new company blog post, Mastercard’s head of crypto and blockchain R...
Digital Assets Manager CoinShares Launches Experimental AI for Determining Fair NFT Prices
Digital assets manager CoinShares is offering a new solution to determine the fair market value of non-fungible tokens (NFTs). The firm is announcing the official launch of an experimental project tha...
Cardano Creator Charles Hoskinson Reveals ‘Next Level’ Plans for ADA and Other Crypto Assets
Cardano (ADA) co-creator Charles Hoskinson is laying out a far-reaching vision of the future for crypto assets. In a new video update, Hoskinson tells his 315,000 YouTube subscribers that crypto proje...
OECD Calls For Greater Tax Transparency On Crypto Assets ⋆ ZyCrypto
Advertisement     In April 2021, the G20 requested the Organisation for Economic Co-operation and Development (OECD) to design a Crypto-Asset Reporting Framework (CARF...
Office of Foreign Assets Control Sued by Crypto Think Tank Over Tornado Cash Bans
A cryptocurrency-focused advocacy group is challenging the validity of the US sanction against crypto mixing service Tornado Cash. On August 8th, the U.S. Treasury Department’s Office of Foreign Asset...
Brazilian Securities and Exchange Commission CVM Defines Rules to Classify Cryptocurrency Assets as Securities – Coinotizia
The Brazilian Securities and Exchange Commission (CVM) has clarified the criteria by which different cryptocurrency assets can be considered securities. Through the issuance of a guidance opinion docu...
Brazilian Securities and Exchange Commission CVM Defines Rules to Classify Cryptocurrency Assets as Securities – Regulation Bitcoin News
The Brazilian Securities and Exchange Commission (CVM) has clarified the criteria by which different cryptocurrency assets can be considered securities. Through the issuance of a guidance opinion docu...
Nissan is selling all of its Russian assets for less than $1 as it pulls out of the country 7 months into the war
More than seven months into the Ukraine War, foreign companies are still filing out of Russia. Over 1,000 companies have made the decision to close down operations in Russia and leave the country afte...
Fake NFT Airdrops Attempting To Compromise Solana (SOL) Wallets and Siphon Crypto Assets: Report
Phony non-fungible token (NFT) airdrops are reportedly targeting Solana (SOL) wallets with malware to steal passwords and digital assets. According to a new report by BleepingComputer, attacks began t...
‘Web3 Allows Us to Create Assets Worth Collecting’ – Interview Bitcoin News
In the age in which contactless interactions are encouraged or where society is adopting new ways of making payments, it is thought by some to be imperative for progressive organizations and instituti...