Top 30 Panama Bank is ‘Bitcoin friendly,’ welcomes crypto services
Panamanian bank Towerbank opens its doors to Bitcoin and crypto customers in a series of tweets and memes. Go to Source Powered by WPeMatico
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Bitcoin Lightning Network capacity crosses 3900 BTC marking a new ATH
The Bitcoin LN was first implemented into the Bitcoin mainnet in 2018 and has ever since been able to maintain an upward trajectory in terms of expanding its capacity. Go to Source Powered by WPeMatico
Brazil’s Federal Revenue now requires citizens to pay taxes on like-kind crypto trades
The Federal Revenue of Brazil wants investors to pay taxes on cryptocurrency trading profits, even if there is no exchange for Brazil’s national currency. Go to Source Powered by WPeMatico
Thailand Exempts Crypto Transfers From VAT Until End of 2023
Authorities in Thailand have formally introduced a value-added tax (VAT) exemption for transfers of cryptocurrencies through government-approved exchanges. The tax break, in force until the end of next year, will also apply to digital currency issued by the Bank of Thailand. Royal Decrees Enforce VAT Exemption for Crypto Trading in Thailand Investors moving cryptocurrencies and … Read more
Fed finds most Americans don’t have crypto, those who use it for purchases tend to be poor
Only 12% of American adults used crypto in 2021, and the demographic gap between those who invested in it and those who used it in transactions was enormous. Go to Source Powered by WPeMatico
NFT collectors sent $37B to marketplaces in 2022, nearly equaling 2021 already
Despite sporadic market conditions NFT collectors are on track to spend more on NFTs in the first half of this year than in all of 2021. Go to Source Powered by WPeMatico
ECB Favors Transparency Over Privacy in Digital Euro Design, Presentation Reveals
The European Central Bank (ECB) leans toward a “transparent” digital euro over one that ensures a higher level of privacy for its users, a presentation devoted to the project has indicated. In the document, the monetary authority explores different privacy options for the eurozone’s digital fiat. User Anonymity Not Desirable for Digital Euro, ECB Says … Read more
3 key metrics signal Terra (LUNA) price is preparing for a recovery
LUNA price is far from its all-time high but three key metrics signal that the altcoin could be preparing to rally. Go to Source Powered by WPeMatico
Crypto Bahamas: Regulations enter critical stage as gov’t shows interest
SALT’s Crypto Bahamas brought together traditional financial players with crypto companies and industry experts to discuss the future of digital assets. Go to Source Powered by WPeMatico
The birth of ‘Ethereum Killers,’ can they take Ethereum’s throne?
The second-largest blockchain has developed a massive ecosystem around it. However, its scalability issues have made room for “ETH Killers” to enter the ring. Go to Source Powered by WPeMatico