Taxes
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Crypto Assets Can be Extremely Unpredictable and Risky – SEC
As the use of cryptocurrencies continues to rise, the U.S. Securities and Exchange Commission (SEC) has stepped up its war…
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US Lawmakers Plan to Reintroduce Bill Reforming Crypto Taxation
The US lawmakers are set to reintroduce the Keep Innovation in America Act targeting to reform crypto tax treatment. The…
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Jack Dorsey’s TBD Releases’ C=’ To Enhance The BTC Lightning Network
TBD, a subdivision of Block (previously called Square) headed by Jack Dorsey as CEO, has introduced a new project called…
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Australia’s Central Bank To Conduct Live Pilot Of CBDC Soon
The RBA (Reserve Bank of Australia) and the DFCRC (Digital Finance Cooperative Research Centre), an Australian financial research institute, have…
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How Can Businesses In the UK Accept Bitcoin?
Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and control the creation of new units.…
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Deutsche Bank Launches Project DAMA to Test Asset Management Services with Momento Blockchain
A collaboration between the German banking giant Deutsche Bank (DBK) and Memento Blockchain has led to the development of the…
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How UK Crypto and Fintech Sector Lost Billions in 2022 – KPMG Report
Last year was one of the worst periods in the history of the digital asset industry following multiple bankruptcies and…
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Crypto Firms Suffered $3.9 Billion In Losses In 2022 – Immunefi
Last year was a trying time for the cryptocurrency marketplace. A report released by Immunefi, a crypto security services platform,…
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Top German Bank DekaBank To Unveil Tokenization Platform In 2024
DekaBank, a 105-year-old German bank, has partnered with Metaco, a crypto asset company, to introduce a blockchain-based tokenization platform. Andreas…
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MicroStrategy Remains Bullish On BTC Despite $1.3B Paper Loss
MicroStrategy, an analytics software firm, announced a $1.3 billion paper loss on its Bitcoin holdings in 2022. Despite this, the…
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eBay Begins Hiring for Multiple Web3 Roles After Acquiring KnownOrigin
The popular e-commerce platform eBay has announced hiring new hands to man its several Web3 roles. The latest development comes…
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Secret Network Validator Closes Nodes Following Leadership Turmoil
A significant validator for the layer-one blockchain, Secret Network, which focuses on privacy-oriented smart contracts, has declared that it will…
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China Wants To Regulate Crypto Using Tax Policies – Justin Sun
Justin Sun, the founder of TRON blockchain and head of Huobi, believes China is promoting crypto legitimacy by implementing taxes…
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New York Lawmaker Submits Bill To Legalize Crypto Payment For Taxes And Fines
Recently, a member of the New York Assembly submitted a bill that would increase crypto adoption and usage in New…
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Russian Ministry Of Finance Makes Fresh Move To Tax Crypto Miners
The Russian ministry of finance has initiated the move to tax digital asset miners to overcome the challenges the country’s…
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CoinTracker Laying Off 20% Staffs, Cites Turbulent Market and Over-Hiring
The US-based crypto tax company CoinTracker announces plans to reduce 20% of its employees. The layoff decisions are influenced by…
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