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Slovenia Launches Public Consultations on Crypto Taxation Law
28.10.2021
Authorities in Slovenia have prepared new legislation tailored to determine how crypto holdings and transactions are taxed in the country. The proposal, aimed at clarifying the matter, has been submitted for public consultations this week, local media reports revealed. Slovenia to Amend Tax Rules...
Puerto Rico sees resurgence of interest among crypto rich
27.10.2021
Crypto capital is moving to Puerto Rico as tax regulations are much more favorable than in the U.S. proper
Iris Scanning Worldcoin Idea Fuels Objections From Privacy Advocates — Snowden Says ‘Don’t Catalog Eyeballs’
25.10.2021
During the last few weeks, a project called Worldcoin has been the subject of numerous headlines and speculation. Worldcoin launched on October 21 and aims to be a universal basic income (UBI) crypto asset that gives free tokens to accounts that are verified with a biometric eye scan. The project...
$2.2 Trillion Asset Manager Pimco Looking to Trade Cryptocurrencies, CIO Says
22.10.2021
Pimco, an asset manager with $2.2 trillion under management, is looking to start trading cryptocurrencies. “We’re trading from a relative value perspective,” the firm’s chief investment officer said. Pimco’s clients include central banks, sovereign wealth funds...
Tipping In Japan? One Company Aims To Spread It Throughout The Country
20.10.2021
In Japan, tipping is basically not a thing. There are a few occasions where one does tip, such as at a ryokan, or a traditional Japanese inn. But generally, good service is expected minus tips. So if you go to a restaurant, the price on your bill is what you pay. One Japanese company is trying...
Crypto Firm Owners Plead Guilty to Tax Evasion, Face up to 5 Years in Prison
14.10.2021
The owners of a cryptocurrency firm that raised approximately $24 million from more than 13,000 investors have pleaded guilty to tax evasion. “These crypto-savvy defendants exploited an emerging technology, lying to their investors, pocketing the proceeds, and concealing the income from...
How Bitcoin & Crypto Might Help Ease Wealth Inequality (Without Miracles)
10.10.2021
href="https://www.theguardian.com/global-development/2020/jan/22/wealth-gap-widening-for-more-than-70-per-cent-of-global-population-researchers-find">worsening. Whether we’re talking about disparities in income or wealth, the gap between the richest and poorest seems only to be widening over tim
CMC Markets Expecting 126 Million Pound Operational Income
8.10.2021
CMC Markets is a UK-based brokerage group founded in 1989. It offers trading instruments and betting solutions to clients. The trading can be done in forex, cryptocurrencies, shares, commodities, etc. As per 2021 CMC Market reviews, it is a well-known and established broker in the UK, listed...
Streamers React To Leaked Twitch Income Rankings With Jokes, Criticism
7.10.2021
An anonymous hacker leaked payroll information for every streamer on Twitch yesterday, and predictably, the revealed incomes have become an inescapable topic of conversation for streamers in their Twitch chats and on social media. The range of reactions to the leak has been vast, with some...
Janet Yellen Defends Tax Compliance Agenda — 3 State Treasurers Promise Not to Comply
6.10.2021
The 78th United States secretary of the treasury, Janet Yellen, is very concerned about tax evasion, according to statements she made during an interview with CNBC’s “Squawk Box” that aired on October 5. Yellen claims there’s an “enormous tax gap” and...
6 Ways to Earn Passive Income with Crypto
2.10.2021
m/coins/">other digital assets is to deposit them into a centralized lending platform. While most experienced crypto users recommend avoiding depositing crypto with third-party providers, the user-friendliness of CeFi (centralized finance) lending platform has led to billions of doll
eToro commits $1M to GoodDollar universal basic income project
22.9.2021
Crypto-focused charities continue to grow. Through GoodDollar, eToro is targeting financial inclusion and literacy through a global UBI program
Laos Authorizes Cryptocurrency Mining and Trading Activities
18.9.2021
Laos has authorized a series of cryptocurrency mining and trading projects in the country, looking for another source of income to supplement the losses caused by the drop in tourism due to COVID-19 related measures. Six companies have been authorized to start cryptocurrency trading and mining...
Authorities Seize USD 5.2m in Crypto from ‘Tax Dodgers’
15.9.2021
tax crackdown on suspected cases of unreported or underreported taxable income by studying customer data they were handed by the nation’s four largest crypto exchanges
India’s Income Tax Department may soon target crypto trades and ecosystem
13.9.2021
Indian entrepreneurs believe crypto tax laws are foundational to mainstream crypto acceptance by governments
Bitcoin Could ‘Go up Significantly,’ Says CIO of World’s Largest Asset Manager Blackrock
12.9.2021
The chief investment officer of the world’s largest asset manager, Blackrock, says he could see bitcoin going up significantly. “I like assets that are volatile that have upside convexity,” he said. Blackrock CIO Sees Significant Upside to Bitcoin Rick Rieder...
South African Tax Body Updates Crypto Tax Guidance, Confusion Persists
2.9.2021
In late August, the South African Revenue Service (SARS) released new guidelines that clarify the correct treatment of taxable crypto events. The new guidance, which was published on the revenue collector’s webpage, explains how cryptocurrency-related income should be disclosed in...
Slovenian finance authority proposes 10% tax on crypto income
31.8.2021
Slovenian financial authorities have announced a proposal to tax cryptocurrency participants 10% on their asset income, specifically on purchasing and selling activities
Slovenia Prepares to Impose 10% Tax on Spending and Selling Cryptocurrency
31.8.2021
The tax authority of Slovenia has put forward a proposal to change the crypto taxation rules in the country, local media reported. The amendments aim to introduce a 10% tax rate for transactions involving the spending or converting of cryptocurrencies into fiat money. Tax Office Wants to Simplify...
Lukashenko Urges Belarusians to Mine Cryptocurrency Rather Than Pick Strawberries Abroad
29.8.2021
President Alexander Lukashenko has advised workers to stay in their home country instead of emigrating to fill low-paid farming jobs in Poland and Germany. The Belarusian leader pointed to an alternative source of income, noting there’s enough electricity in Belarus to power cryptocurrency...