Iran’s tax authority wants to legalize crypto exchanges
The Iranian tax agency has called for establishing a legal framework for crypto trading platforms so they can be taxed properly. Go to Source Powered by WPeMatico
DIGIT
Bitcoin loses 4% in challenge to bulls’ push for $50K — Watch these BTC price support levels
$47,000 resistance serves as a timely reminder that the only way is not always up for Bitcoin bull runs. Go to Source Powered by WPeMatico
DBS wins regulatory approval in Singapore for crypto payment services
Starting next Monday, DBS Bank’s crypto exchange will start operating, allowing institutional investors to trade Bitcoin. Go to Source Powered by WPeMatico
Ukraine Shuts Down Crypto Exchangers Sending Money to Russian Wallets
The Security Service of Ukraine (SBU) has closed down a number of “underground” crypto exchangers in Kyiv. Officials say the platforms have been making a million dollars in monthly turnover and allegedly sending money to digital wallets operated by Russian payment providers. Law Enforcement Busts Cryptocurrency Exchangers in Ukraine Officers from Ukraine’s main law enforcement … Read more
55% of world’s top-100 banks reportedly have crypto and blockchain exposure
Over half of the 100 largest banks by assets under management are reportedly investors in major crypto and blockchain technology-based companies and projects. Go to Source Powered by WPeMatico
Iranian Tax Authority Urges Regulators to Legalize Cryptocurrency Exchanges
The Iranian National Tax Administration (INTA) has put forward a proposal to tax digital asset exchanges operating in the country. The authority calls for the legalization of their activities, fearing restrictions could negatively affect tax collection. Tax Agency Wants to Obtain User Data From Authorized Exchanges Seeing an opportunity to use exchange transactions as a … Read more
Buying Bitcoin is like entering a minefield, Bank of Russia exec says
The Bank of Russia expressed concerns over the increasing number of local investors pouring their money into Bitcoin. Go to Source Powered by WPeMatico
PSG price resumes rally to all-time highs as Lionel Messi officially joins Paris Saint-Germain
The fan token had earlier dropped by almost 40% after hitting a record high of $61.50, amid speculations that Lionel Messi would join French club Paris Saint-Germain. Go to Source Powered by WPeMatico
Soccer star Messi’s latest contract reportedly includes crypto fan tokens
The financial package for Argentine soccer star Lionel Messi’s much-anticipated move to Paris Saint Germain includes payment in crypto fan tokens, sources claim. Go to Source Powered by WPeMatico
Kucoin Boss on Strategy After Hack: ‘We Chose to Act’
Kucoin, one of the leading crypto exchanges, suffered a hacking incident in 2020 where over $250 million was stolen. However, immediately after the hacking was reported, Kucoin began cooperating with various players from the crypto industry. This cooperation ultimately led to the recovery of a large chunk of the stolen funds. Kucoin’s Recovery From Attack … Read more
