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Denmark Unveils Crypto Tax Plan, Recommendations Draw Fire From Bitcoiners
24.10.2024
The Danish Tax Council has recommended what it terms non-backed crypto assets like Bitcoin be taxed similarly to asset-based crypto assets. The council argues the recommendations would allow crypto investors to deduct losses from gains thus making taxation more fair. However, some observers believe...
Consensys urges clear crypto rules in letter to future US president
24.10.2024
The open letter emphasized how clear regulatory frameworks can ensure the US remains competitive while safeguarding consumers and addressing illicit activity
Why Web3 VCs Are Embracing Crypto+AI
24.10.2024
Coinbase Ventures is shifting focus away from pure-play crypto investments
Kraken to launch Ink blockchain for DeFi in early 2025
24.10.2024
Kraken’s new blockchain, Ink, will simplify decentralized finance access, offering trading, lending and borrowing services without intermediaries
‘Deep Chainsaw’ Sinks Deeper as Milei Axes Tax Enforcer in Argentina
24.10.2024
President Javier Milei has taken yet another step in reducing the size of the state. Through the President’s Office X account, Milei revealed that he would axe AFIP, the current tax enforcer in Argentina, replacing it with a simpler, smaller agency, eliminating over a third of...
Denmark Proposes 42% Tax on Unrealized Gains from Crypto
24.10.2024
Denmark’s Tax Council has made the headlines by recommending a bold bill that proposes a hefty 42% of…
FCA-Regulated Crypto Trading Firm Portofino Technologies Sees Staff Exodus
24.10.2024
The firing of the firm’s co-founder and its CFO in July triggered a wave of departures
Crypto bulls cop second-biggest liquidation day in October
24.10.2024
Traders who bet the crypto market would keep rising have suffered a the second largest day of liquidations this month as Bitcoin and Ether both slid on the day
Jailed crypto scammers blew stolen funds on shark tank, hookers: Report
24.10.2024
The fraudsters stole $21.6 million from over 40,000 investors to fund their lavish lifestyle, which also reportedly included $100,000 spent on sex workers
Why Overlooking Promising Crypto Tokens Could be Costing You Wealth
24.10.2024
Crypto fortunes remain elusive for many, often due to missed opportunities to spot promising new tokens. Ignoring these…
Trump election victory could push Bitcoin to $92K, says Bitwise exec
24.10.2024
Jeff Park says “merger arb-style probability math” could mean Bitcoin rallies to $92,000 following a Trump victory.
Bitcoin bull Michael Saylor reverses remarks on self-custody after backlash
24.10.2024
“I support self-custody for those willing and able,” said Saylor in a new post after encouraging "big bank" custody in an interview earlier this week.
Bitcoin bull Michael Saylor reverses remarks on self-custody after backlash
24.10.2024
“I support self-custody for those willing and able,” said Saylor in a new post after encouraging "big bank" custody in an interview earlier this week.
Ripple CEO Says Citibank Ended Banking Services Due to His Role in Crypto Industry
24.10.2024
Ripple CEO Brad Garlinghouse shared his ‘debanking experience’ as he said that his personal long-standing Citibank account has…
Senator Claims BRICS Push to Ditch US Dollar Could Boost USD Global Dominance
24.10.2024
U.S. Senator Bill Hagerty has warned of growing efforts by BRICS nations to bypass the U.S. dollar’s dominance but argued this could ultimately strengthen the status of the dollar as the world’s reserve currency. He emphasized the need for a regulatory framework to boost demand for U.S. treasuries...
Denmark Tax Council recommends bill to tax unrealized crypto gains
24.10.2024
Denmark’s Tax Law Council has recommended introducing a bill that could tax unrealized gains and losses on crypto assets beginning as early as 2026
Denmark Tax Council recommends bill to tax unrealized crypto gains
24.10.2024
Denmark’s Tax Law Council has recommended introducing a bill that could tax unrealized gains and losses on crypto assets beginning as early as 2026
Tesla Holds Bitcoin Steady After BTC Wallet Transfers Spark Speculation
24.10.2024
Tesla has reported stable bitcoin holdings for Q3 2024, despite transferring its 11,509 BTC to new wallets. The move, which sparked speculation but did not signal a sale, suggests routine security measures. Tesla posted $25.2 billion in revenue and $2.7 billion in profits, driven by record vehicle...
Citibank Debanked Ripple's Brad Garlinghouse Due to Crypto, Exec Says
23.10.2024
The chief of Ripple, Brad Garlinghouse, recounted his own brush with the U.S. government's pressure on banks to be wary of digital assets, saying Citi dumped him
Lazarus Group exploited Chrome vulnerability with fake NFT game
23.10.2024
The North Koreans invested great effort in creating and promoting the game that apparently drained users’ wallets