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Over 70% of Spanish Crypto Traders Declared Losses in FY2022 – Report


Over 70% of Spanish crypto traders declared losses in the financial year 2022, a new report has found. Per the media outlet Europa Press, the claims were made by TaxCripto, an accountancy firm that specializes in preparing tax returns for crypto holders. The declared losses were significantly...

BTC20 Emerges as Eco-Friendly Alternative Amidst 1Inch Network's Price Drop


After staging a rally that saw 1INCH reach a multi-month high of $0.5935 on July 17, it is now experiencing a drastic pullback to the current level of $0.3274, representing a 44.84% decrease from its recent peak. What's next for 1INCH and can it reestablish its bullish momentum?... Read More: BTC20...

Kuwait Capital Markets Authority Reaffirms Comprehensive Crypto Asset Ban


In a circular released by the Capital Markets Authority of Kuwait, the regulator reaffirmed its position that Kuwait strictly prohibits the use of virtual currencies and bans mining activities within the Gulf state. The authority also emphasized the importance for businesses to inform customers...

Crypto Firm RISC Zero Secures $40M Funding Round Led by Blockchain Capital


RISC Zero, a startup that builds zero-knowledge (ZK) proof software, has raised $40 million in a Series A funding round led by the major crypto-focused investor Blockchain Capital. In its announcement of the closing of the funding round, RISC Zero said the fresh capital will be used to bring...

Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox on August 1, Push Protocol Launches Decentralized Audio & Video Streaming App


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: UK Gov 'Firmly Disagrees' with Treasury on Regulating Crypto as Gambling, UK FCA to Open Digital Sandbox...

UK Strongly “Disagrees” Recommendation to Regulate Crypto as Gambling


The United Kingdom’s economic and finance ministry – HM Treasury – has strongly denied proposals by the House of Commons’ Treasury Committee to regulate cryptocurrencies like gambling. The UK Treasury Committee had called for unbacked cryptocurrencies to be regulated like gambling in May. A panel...

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