Rio de Janeiro, one of the most iconic cities of the South American continent, has announced it will allow its citizens to pay taxes with cryptocurrencies. This makes it the first city in the country ...
Tag: news
India Passes Controversial Crypto Tax Laws, Effective on April 1
India’s parliament announced last Friday that it passed the Finance Bill 2022, which has introduced taxation on digital assets including cryptocurrencies. The new law has imposed a 30% capital gains t...
UK to Unveil Plans for Crypto Regulation, Eyeing Stablecoins
U.K. government will announce a cryptocurrency regulatory regime in the next few weeks, with a focus on stablecoins, and the details of the plan are still being actively discussed, CNBC has the detail...
New Central Bank Document Outlines Key Motivations for Issuing the Digital Currency – Emerging Markets Bitcoin News
In a recently released document, the Bank of Ghana (BOG) outlines some of its key reasons for developing the central bank digital currency (CBDC). Also, in the document, the bank’s governor insists th...
Krafton Partners with Solana Labs to Develop blockchain-based Games
Game developer for PC and mobile devices Krafton partners with Solana Labs to develop blockchain-based games and services in the Metaverse world. Krafton, stylized as KRAFTON which was formerly known ...
Greenidge Secures $100M Fund, Aims to Enlarge Operations in U.S.
Greenidge Generation Holdings has secured $100 million in funds to help in enlarging its operations in the U.S. The total sum included $81.4 million as a loan from an affiliate of NYDIG and $26.5 mill...
Bitcoin Back to Positive Territory Following Rally at $46,000
The price of Bitcoin hit the level of $46,000, which has put the world’s top cryptocurrency back on track to positive territory for the year, according to Bloomberg. Bitcoin touched $47,583 during int...
Ukraine Launches ‘NFT Museum’ to Remember the War and Raise Funds
Ukraine’s Ministry of Digital Transformation announced last Friday that it has launched a MetaHistory NFT Museum, a blockchain-based collection of digital images of the Russian invasion of Ukraine. Th...
Anonymous Claims It Has Released 28GB of Bank of Russia Documents – Bitcoin News
Hacking group Anonymous has reportedly published a large amount of data allegedly belonging to the Bank of Russia. The release comes after the collective announced it had hacked Russia’s central bank ...
Coinbase Requires Regional Users to Provide Recipient Details for Crypto Transfers
Coinbase, a global cryptocurrency exchange, announced last Friday that it plans to collect additional information from its customers based in Canada, Singapore, and Japan. Coinbase said that starting ...
ExxonMobil to Mine Bitcoin with Excess Natural Gas
Rather than wasting natural gas through flaring, oil and energy giant ExxonMobil has launched a pilot program to convert this excess natural gas into energy that powers mobile generators that can mine...
Parliament Member Says 1% TDS Will Kill Crypto Asset Class in India, Urges Government to Reconsider – Taxes Bitcoin News
An Indian parliament member has warned that imposing a 1% tax deducted at source (TDS) on every crypto transaction will kill the nascent asset class. This tax provision is contained in Finance Bill 20...
Satoshi Island Secures Endorsement from Vanuatu PM to Build Bitcoin Island
Satoshi Island Limited, the startup that is committed to building the crypto capital of the world as a smart city in Vanuatu, has announced it has secured approval from the Prime Minister of Vanuatu f...
Singapore and Cambodia to Explore CBDC to Boost Payments Ecosystem
Singapore and Cambodia are notably exploring the use of Central Bank Digital Currencies (CBDCs) and digital currencies to improve their payment ecosystem efficiency as well as bolster the growth of st...
NoVa Battles Rocked the 2022 Dubai Crypto Expo – Press release Bitcoin News
press release PRESS RELEASE. At the Dubai Crypto Expo that happened between March 16 and 17, 2022, the NoVa Battles team led by CEO Lucian joyfully received the prestigious title of “Best Crypto Game ...
Singapore and Cambodian to Explore CBDC to Boost Payments Ecosytem
Singapore and Cambodia are notably exploring the use of Central Bank Digital Currencies (CBDCs) and digital currencies to improve their payment ecosystem efficiency as well as bolster the growth of st...
US Senators Working on Broad-Based Crypto Regulation – Regulation Bitcoin News
Two U.S. senators are working on a bipartisan, broad-based regulatory framework for cryptocurrency. “The work we’re doing is going to be a very complex and intensive review of the different aspects of...
Continuously Losing Money in the Crypto Market? A 20-year Trader Share His Ways to Profit – Coinpedia – Fintech & Cryptocurreny News Media
Recently, affected by international events, the “stock market crash” has been constantly staged on major stock platforms. There may also be a bubble behind the boom. The gloomy stock market has made a...
Rio de Janeiro to Accept Crypto Property Tax Payment from 2023
Rio de Janeiro is gearing up to be the first city on Brazilian soil to accept tax payment in cryptocurrencies from 2023, according to Bloomberg Linea. As a result, plans are underway for the municipa...
Bank of England Teams up with MIT on CBDC Research Project
To delve deeper into the opportunities, risks, trade-offs, and potential technical challenges faced when developing a CBDC system, the Bank of England (BoE) has joined hands Massachusetts Institute of...
Top Coins to Watch This Week: BTC, ADA and LRC
Many wallet addresses that have been in losses for the better part of the year hit take profits on centralized exchanges in the past week as the broader digital currency ecosystem charted a very impre...
U.S. Stocks Poised for Flat Open on Monday
U.S. stocks were poised to open flat on Monday. Angela Weiss/AFP/Getty Images Text size • U.S. stocks are set to open flat on Monday. On Sunday night, Dow Jones Industrial Average futures were unchang...
Global Crypto Economy Holds Above the $2 Trillion Zone for 5 Consecutive Days – Markets and Prices Bitcoin News
The crypto economy has managed to remain above the $2 trillion mark during the last five days since March 22. Currently, the global cryptocurrency market capitalization is 1.3% higher during the last ...
The Art of Short-Selling – RealMoney
Over the past couple of weeks, short-sellers have been crushed by a fast and furious market rally. As I’ve noted quite often, the biggest bounces always occur in the worst markets. That is one o...
NFT Sales Slid Lower This Week, Cronos NFT Volume Jumps 236% Higher, Azuki Collection Rises – News Bitcoin News
Last week, non-fungible token sales saw an improvement after tumbling week after week in terms of sales volume. This week, NFT sales are down 2.15% from last week’s $544.6 million to this week’s $539....
Bearish Bets: 3 Downgraded Stocks You Should Consider Shorting This Week
Each week we identify names that look bearish and may present interesting investing opportunities on the short side. Using technical analysis of the charts of those stocks, and, when appropriate, rece...
81.79 ‘Sleeping Bitcoin’ From 2011 Worth $3.6M Moved for the First Time in Over a Decade – Bitcoin News
As bitcoin has increased more than 5% in value against the U.S. dollar during the last week, in less than seven days, the 19,000,000th bitcoin will be mined into existence. Meanwhile, on Sunday mornin...
TooNFT Looks to Revolutionise the Webtoon Industry via Next-Generation Blockchain Platform – Press release Bitcoin News
press release PRESS RELEASE. Given the rapid evolution associated with technological advancements and new developments regarding Web3 and dApps, TooNFT has decided to launch the decentralised webtoon ...
European Union’s MiCA Proposal Progresses to Trilogue Stage Without Bitcoin Ban Provision – Regulation Bitcoin News
The Markets in Crypto Assets (MiCA) regulatory package passed another potential hurdle this week and is moving to the next stage of the EU’s legislative process. Proponents of a controversial text pro...