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Italian Parliament Approves 26% Tax for Cryptocurrency Gains in 2023 Budget Law
2.1.2023
The Italian Parliament has introduced a 26% capital tax on cryptocurrency gains as part of the 2023 budget law, which was approved on Dec. 29. The document also offers incentives for taxpayers to declare their cryptocurrency holdings, proposing a 3.5% aliquot for undeclared cryptocurrencies held...
Hong Kong brokers line up for SFC approval ahead of new virtual asset trading legislation
2.1.2023
The Legislative Council of Hong Kong passed legislation that will soon open up virtual assets to retail investors, and local financial services are lining up for licensing approval
Amid High Energy Demand From Miners, Russia Mulls Building New Power Plants in Siberia
1.1.2023
Growing electricity consumption in the crypto mining sector may require the construction of new power generation facilities in Siberia, the energy minister of Russia has acknowledged. Demand continues to increase in residential areas as well, after regional authorities abandoned a proposal...
Bill on Digital Ruble Submitted to Russian Parliament
1.1.2023
A draft law devoted to the digital ruble has been filed with the State Duma, the lower house of Russian parliament. The legislation introduces rules determining how the new form of national fiat will be issued and amends a series of legal acts to facilitate its implementation. Bank of Russia to...
Robert Kiyosaki Buying More Bitcoin — Warns SEC Regulations Will Crush Most Cryptocurrencies
1.1.2023
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has revealed why he is buying more bitcoin. He warned that the Securities and Exchange Commission (SEC) regulations will “crush” most other cryptocurrencies. Robert Kiyosaki Buys More Bitcoin, Warns About...
China’s Digital Yuan Little Used, Former Central Bank Official Says
31.12.2022
Trials of the digital yuan have produced disappointing results, according to a report quoting the former head of research at the Chinese central bank. The new form of national fiat has brought no benefits to the banks and should expand beyond being employed only as a substitute for cash, the banker...
Bahamas Seizes Digital Assets Worth Over $3.5 Billion From Collapsed Crypto Exchange FTX
31.12.2022
The Securities Commission of the Bahamas has revealed that it seized digital assets worth more than $3.5 billion from the collapsed crypto exchange FTX. The regulator explained that the cryptocurrencies were transferred to its wallets “for safekeeping” and “are being held by...
Sam Bankman-Fried denies moving funds from Alameda wallets
30.12.2022
The former FTX CEO denied moving the funds saying; "I'm not and couldn't be moving any of those funds; I don't have access to them anymore.”
Bithumb’s largest shareholder executive found dead following allegations of embezzlement
30.12.2022
Mr. Park Mo was found dead after an investigation had been launched against him for embezzlement and stock price manipulation
Vader will shut down stablecoin USDV, cannot find a 'breakthrough'
29.12.2022
The remaining treasury will be distributed to users through a redemption app until June 2023, according to the protocol
FTX’s Liquid exchange hopes to return customer assets next year
29.12.2022
The exchange said it intends to outline further details in a report in January 2023
Over 1,400 Chinese firms operating in blockchain industry, national whitepaper shows
29.12.2022
Despite partial crypto bans, the Chinese Government has included blockchain technology in official state development policy
China to Launch ‘Digital Asset Trading Platform,’ Media Report Unveils
29.12.2022
A marketplace for digital assets is soon going to open in China under a public-private partnership, local media revealed. According to the report, the goal is to establish a regulated trading platform for digital collectibles as part of government efforts to curb market speculation with such...
Chinese Communist Party official pleads guilty to helping Bitcoin miners
29.12.2022
Xiao Yi, Communist Party Secretary of the City of Fuzhou, financially aided Bitcoin miners between 2017 and 2021
Gold-Based Digital Assets Issued in Russia
29.12.2022
A blockchain platform built by Russia’s largest banking institution, Sber, has been used to issue digital assets based on gold. The value of the tokenized precious metal will depend on the prices of physical gold, the bank said, emphasizing that the operation is a first. Russia’s Sber Bank Mints...
FTX Customers File Class Action to Claim Assets Within Bankruptcy Case
28.12.2022
A group of customers are now suing FTX in an attempt to become the first to recover funds from the insolvent cryptocurrency exchange. The lawsuit, filed as part of the bankruptcy case in Delaware, seeks a court ruling recognizing that their holdings with the trading platform belong to them rather...
MicroStrategy adds to Bitcoin stake despite steep loss
28.12.2022
The firm's Bitcoin holdings have declined 45% from their average purchase price of $30,397
MicroStrategy adds to Bitcoin stake despite steep loss
28.12.2022
The value of the firm‘s Bitcoin holdings has declined 45%, with an average purchase price of $30,397
China's first national NFT marketplace to launch next week: Report
28.12.2022
The state-backed platform will serve as a secondary market for NFTs and digital asset copyrights
China’s first national NFT marketplace to launch next week: Report
28.12.2022
The state-backed platform will serve as a secondary market for NFTs and digital asset copyrights