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New Kenyan Digital Tax to Affect Crypto Platforms


Kenya Revenue Authority (KRA) has announced new regulations that compel users of digital marketplaces to pay digital tax. At a rate of 1.5% on gross transaction value, the new tax is expected to take effect on Jan. 1, 2021. According to a report, the KRA will create a special tax unit to track...

CoinDesk Monthly Review, July 2020


In the opening weeks of July, it looked like gold would surpass bitcoin for monthly returns, as it reached an all-time high, a frustrating state of affairs for those who believe the current macro situation should be a “perfect storm” for bitcoin’s “gold 2.0” narrative. That was before bitcoin shot...

Stablecoin Tether Set to Eclipse Bitcoin’s Daily Transaction Value


The most dominant stablecoin in the cryptocurrency ecosystem has seen some competition during the last few years, but the token tether has remained king in the face of rivalry. Just recently, a “Q2’20 review” published by the digital currency data and analytics firm Messari shows...

NFTs on Samsung, Taxing Crypto Loans, BTC Transaction Risk Score + 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. NFTs news The makers of the blockchain-powered VR game Decentraland (MANA) said that their Marketplace app has been added to the Samsung Blockchain...

4th Amendment Does Not Protect Bitcoin Data, US Fifth Circuit Court Rules


A Fifth Circuit panel of judges recently ruled that Fourth Amendment rights do not apply to cryptocurrency transaction data that stems from an exchange. The U.S. court ruled against the defendant, Richard Gratkowski, who attempted to leverage the Fourth Amendment in an appeal. According to...

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