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Authorities in Portugal intend to impose a levy on gains from short-term crypto investments with the state budget for next year. The document, which still needs the approval of Portuguese lawmakers, signals a change in the EU nation’s positive attitude towards crypto assets. Government of Portugal Proposes New Tax for Cryptocurrency-Related Gains In the past … Read more
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the new CPI data and U.S. inflation rate to be announced on Thursday, Oct. 13. Go to Source Powered by WPeMatico
Multiple emirates in the UAE are looking to the metaverse to boost tourism in their respective regions. Sharjah now joins Dubai in broadening its Web3 ambitions. Go to Source Powered by WPeMatico
The AIFC Financial Services Authority in Kazakhstan granted Binance a permanent license to a digital asset platform and provide custody services in the country. Go to Source Powered by WPeMatico
Nasdaq said that the retail side of the crypto market is quite saturated at the moment with many service providers looking to fulfill retail investors’ needs. Go to Source Powered by WPeMatico
“The report recommends the passage of legislation in providing a rulemaking authority for federal financial regulators over this market,” said economist Jonathan Rose. Go to Source Powered by WPeMatico
According to Fumio Kishida, the government of Japan’s investment in digital transformation included issuing NFTs to local authorities using digital solutions. Go to Source Powered by WPeMatico
Crypto firms in Uzbekistan will have to pay fees to the state under new legislation proposed by regulators. The charges vary depending on the business activity and can reach $11,000 a month in the case of digital asset exchanges. Failure to pay will result in license suspension. Crypto Operators in Uzbekistan to Be Charged Fixed … Read more
A combination of centralization and decentralization is a perfect mix for the development of crypto and DeFi, according to a Swiss National Bank official. Go to Source Powered by WPeMatico
A major bank in Kazakhstan has completed its first purchase of crypto for fiat and the president is ready to approve exchange activities. Go to Source Powered by WPeMatico