Former Thai SEC chief lays out three critical issues with crypto taxations
The Thai Revenue Department is looking to impose a 15% capital gains tax on crypto trading. Go to Source Powered by WPeMatico
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Propy rallies 227% as real estate NFTs become reality and PRO lists at Coinbase
A listing at Coinbase and the upcoming sale of the first real estate NFT in the U.S. appear to be providing a boost to PRO price. Go to Source Powered by WPeMatico
3 reasons why Harmony (ONE) rallied back to its all-time high this week
Strong fundamentals, an influx of new users and a recently launched $300 million developer incentive are just a few reasons why ONE price is chasing a new all-time high. Go to Source Powered by WPeMatico
OCC Comptroller calls for federal collaboration with crypto intermediaries
Michael J. Hsu said that the mainstreaming of crypto has occurred despite regulatory and legal uncertainty, and a series of scams, hacks, and other disruptive events. Go to Source Powered by WPeMatico
Russia Busts Revil Ransomware Group on US Request, Arrests 14 Members
Russian law enforcement agencies have dismantled the notorious hacking group Revil, believed to be behind ransomware attacks in the U.S. involving cryptocurrency. Although Moscow is unlikely to hand over Russian citizens to Washington, the operation has been carried out on request from the United States, despite heightened geopolitical tensions between the two powers. Russia’s FSB … Read more
Head of Investigative Committee Calls for Mandatory Identification of Cryptocurrency Users in Russia
Russians who use cryptocurrency should not be anonymous, the man who chairs Russia’s federal investigating authority has recently stated. The official leading efforts to fight corruption in the government called for additional regulations, including the introduction of mandatory identification for those who transact with digital coins. Anti-Corruption Official Pushes for Rules to Mitigate Risks of … Read more
Crypto-focused software firm Lukka raises $110M, reaches $1.3B valuation
Lukka said it planned to use the funds for “aggressive growth and global expansion strategy” with its current customer base dealing in products related to the crypto space. Go to Source Powered by WPeMatico
Swiss National Bank Trials CBDC in Transactions With Five Banks
The Swiss National Bank has successfully employed a wholesale CBDC to settle transactions with five commercial banks, the monetary authority announced. The tests are part of an experiment carried out together with the Bank for International Settlements and Switzerland’s financial services provider SIX. Swiss Central Bank Tests Integration of Wholesale CBDC Settlement With Private Banks … Read more
Indian INX exchange reportedly plans to list Bitcoin futures ETF
The India International Exchange is reportedly looking to explore digital asset-based products despite local uncertainty. Go to Source Powered by WPeMatico
Brazilian mayor to reportedly invest 1% of city reserves in Bitcoin
Rio de Janeiro mayor Eduardo Paes talked about Bitcoin with Miami mayor and BTC bull Francis Suarez at Rio Innovation Week. Go to Source Powered by WPeMatico