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Here’s what happened in crypto today


Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation

China Looks to Ramp up ‘Cross-border’ Digital Yuan Spending


Source: Keitma/Adobe Chinese bank chiefs are looking to start 2024 by driving up “cross-border” digital yuan spending. Per the Haikou Municipal Commerce Bureau (via Hainan News), the tourism hub of Haikou has begun issuing over $706,000 worth of “offshore tax-free coupons” for digital yuan-paying...

Belarus Says Crypto Firms Can Operate Tax-free Until 2025


Belarus is continuing its bid to woo crypto firms – by extending tax exemptions for token miners and developers until 2025. Per the Belarusian media outlet AFN, President Aleksander Lukashenko this week signed a decree that will allow miners and other crypto business operators to do business...

Institutional Crypto Flows, El Salvador's Tax-Free BTC Profit + More News


now risen 143% since their lows in early July to USD 3.8bn. This rise in volumes and inflows indicates investors are now beginning to be more active following the seasonal summer doldrums, per CoinShares.MTD - month-to-date; YTD - year-to-date; AUM - assets under management. Source: CoinSharesSinga

Tax-Free Bitcoin Mining, Robinhood Debuts on Nasdaq + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ___ Mining news Crypto platform Choice and Compass Mining, a marketplace for Bitcoin (BTC) miners, said that their US-based clients can now mine...

Best Tax-Free Mutual Funds You Must Know About


Investments are always considered as integral parts to save personal finance, but making the right investments is equally important to grow your savings. However, the downside of investments is that your high yield investment incomes are taxable as per the tax laws of the country where you reside....

A Synoptic Guide to the Top Tax-Free Mutual Funds


Introduction Though a lot of people do not have an understanding of the retailer market function; however, when it comes to mutual funds, this is not the case. Mutual funds are highly popular among the public and retail markets. In simpler terms, in a mutual fund, a company brings together money...

Dubai Launching Crypto Valley in Tax-Free Zone


A Dubai government authority has announced that it is launching a crypto valley in the country’s free zone there is no personal or corporate income tax. With the help of its partners from the Swiss crypto valley, Dubai will offer a variety of services such as incubation for startups...

Uzbekistan to Throw its Doors Open to Tax-free Cryptocurrency Trading


Uzbekistan’s president has produced a draft decree that will see tax authorities in the country waive taxes on cryptocurrency trading and transactions – for both Uzbeks and non-nationals living in the country. As previously reported, the government has been keen to implement the new measures –...

Regulatory Roundup: EU-Wide Crypto Regulations, New Rules in Europe, US, Asia


In this roundup, we cover EU-wide crypto regulations and individual countries’ new digital asset rules including Austria and the U.K. We also cover numerous crypto regulatory developments in the U.S., China, Japan, South Korea, India, and the Philippines. Also read: Regs Roundup: SEC Actions...

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