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Argentinian Senate Passes Bill That Would Tax Assets Held in Foreign Countries, Including Crypto
14.5.2022
The Argentinian Senate has approved a bill that would allow the government to tax non-declared assets held in foreign countries by citizens of the country. This includes stocks, properties, bonds, and even cryptocurrencies. The purpose of the legistlation would be to collect more funds to pay...
FASB to Review Accounting Rules for Digital Assets Held on Balance Sheets: Report
11.5.2022
A clearer framework for how companies might account for crypto might pave the way greater adoption
Medici LA 22: Report Investigates a Secret, Invitation-Only Crypto Event Held in Beverly Hills
5.5.2022
According to a recent report, a secretly held, invitation-only crypto gala took place in Beverly Hills called the “Medici LA 22” event. The exclusive cryptocurrency gathering took place under the radar, but the two-day meeting was reported on after “130 or so” attendees...
Bitcoin Influencer Dan Held Steps Back From Kraken’s Marketing Team
5.5.2022
The soon to be former marketing director will instead focus on a personal consulting gig
Blockbank Joins Coach K’s Conference in Donating to Charities Focusing on Social Impact
22.4.2022
PRESS RELEASE. Blockbank announced plans to join Coach K’s Conference Experience in donating to charities focusing on social impact. The conference will be held at Le Meridien Beach Resort, Phuket, Thailand, from May 9th to May 13th, 2022. Blockbank, an all-in-one mobile banking solution...
Ethereum Foundation’s Financial Report Discloses It Holds $1.6 Billion in Assets, 80.5% Held in Ether
18.4.2022
On Monday, the Ethereum Foundation (EF) published a financial report that shows the foundation currently holds $1.6 billion in its treasury. $1.3 billion of the treasury’s assets are held in cryptocurrencies while the rest of the treasury is composed of non-crypto investments and assets....
The International Summit Metaventures Phuket Will Be Held in Thailand on May 7-9, 2022
12.4.2022
MetaVentures is a unique event where you can immerse yourself in the unforgettable atmosphere of Metaverse, Digital Art, and NFTs, keep up with the latest developments in the world of digital assets, decentralized finance, DAOs, different types of Blockchains, tokens, DAOs, and Regulatory...
The 4th Edition of Blockchain Economy Summit Will Be Held in Istanbul
12.4.2022
After 2 years of the Covid-19 pandemic, Blockchain Economy Summit is again back in Istanbul on July 27–28, 2022, at one of Istanbul’s most prominent and renowned venues: Hilton Istanbul Bomonti Hotel. Summit’s 2nd Turkey edition was the last major blockchain event held in Turkey before...
12 Companies Keep Close to $700 Million in Ethereum in Treasuries
10.4.2022
During the last year, there’s been a lot of discussion concerning bitcoin treasuries or public firms putting bitcoin on their balance sheets. However, the leading crypto asset by market valuation is not the only digital currency being held by treasuries. Ethereum has become a prominent...
Bitcoin Cold Case: The Tale of the Dormant Wallet With Close to 80,000 BTC From Mt Gox
4.4.2022
For the last 11 years, a mysterious wallet associated with the Mt Gox scandal has sat dormant holding close to 80,000 bitcoin worth $3.7 billion today. While the wallet was once the sixth-largest address a few years ago, today it’s the ninth-largest wallet in terms of bitcoin held, and...
Colombian Tax Authority Warns About Consequences of Not Declaring Crypto Related Taxes
3.4.2022
The Colombian tax authority, DIAN, has reminded taxpayers that they need to start registering cryptocurrencies in their statements starting this year. The director of the DIAN, Lisandro Junco, reminded cryptocurrency users that this kind of asset is taxed as any other asset held by citizens....
Law Project Presented in Argentinian Senate Proposes to Tax Undeclared Cryptocurrency Held Outside the Country
1.4.2022
A new law project presented in the Argentinian Senate is seeking to start a fund to pay for part of the debt the country has with the International Monetary Fund (IMF). The project, which is being pushed by members of the ruling party, would establish that Argentinian citizens have to pay taxes...
Luna Foundation Bitcoin Wallet Nears Tesla’s Stash, BTC Address Is the 29th Largest Wallet Today
31.3.2022
On March 26, the Luna Foundation Guard (LFG) held 24,954.95 bitcoin and during the last five days, LFG’s bitcoin wallet accumulated 5,773.02 bitcoin. At the time of writing, LFG’s wallet now holds 30,727.97 bitcoin worth more than $1.4 billion using today’s exchange rates. In...
Solidus AITECH Founder Paul Farhi Talks Artificial Intelligence and High-Performance Computing
30.3.2022
Using the world’s first AI utility token AITECH, Government Authorities, Megacorps, SMEs, and Professionals will be able to acquire AI services through Solidus’ Artificial Intelligence infrastructure. AITECH can be purchased, staked, or held as a long-term investment. Paul Farhi...
Nasdaq-Listed Microstrategy Obtains $205 Million Bitcoin-Backed Loan to Buy More BTC
30.3.2022
Nasdaq-listed Microstrategy has obtained a $205 million bitcoin-collateralized loan from Silvergate Bank through a subsidiary to buy more bitcoin. “The interest-only term loan is secured by certain bitcoin held in Macrostrategy’s collateral account.” Company to Use $205M...
Ariva Mentioned as Top Project in Blockchain for Travel Summit in Dubai
28.3.2022
PRESS RELEASE. Fast-growing blockchain protocol Ariva was highlighted as one of the key drivers of blockchain technology in the tourism sector at the Blockchain For Travel Summit held in Dubai on March 26, 2022. A gathering of key stakeholders in the tourism sector for blockchain...
Spanish Treasury Admits That Cryptocurrency Holdings Don’t Need to Be Declared Under Model 720
24.3.2022
Spain’s Ministry of Treasury has admitted that Spanish citizens are not forced by law to declare their cryptocurrency holdings under the disputed Model 720, which involves declaring funds held abroad. While the antifraud law approved last year established this duty, there are still no rules...
Terra’s Founder Do Kwon ‘Looks Forward to Building With Bitcoin’ — Project Reportedly Acquires $125M in BTC
22.3.2022
Just recently, Terra founder Do Kwon hinted at purchasing $3 billion in bitcoin to bolster the protocol’s reserves and according to a number of reports and blockchain analysis, Terra purchased $125 million worth of bitcoin on March 21. The following day, bitcoin’s fiat value jumped...
ETH Continues to Leave Trading Platforms, Ethereum Balance on Exchanges Lowest in 3 Years
19.3.2022
While the second-largest crypto asset by market cap has gained more than 15% in value against the U.S. dollar during the last week, the number of ethereum stored on exchanges has dropped significantly during the last few weeks. In less than two years, more than 29% of the ether held on exchanges...
Fed Hikes Benchmark Bank Rate for the First Time Since 2018, FOMC Expects 6 More Increases
16.3.2022
On Wednesday, the Federal Open Market Committee (FOMC) and Fed chair Jerome Powell held a press conference concerning the American economy, the central bank’s plans to address inflation, and the ongoing Russia-Ukraine war. Powell announced that the FOMC decided to increase the benchmark bank...