[ad_1] Spain introduces a new crypto tax regulation requiring residents to declare their cryptocurrency holdings on foreign platforms by March 2024. Spain has introduced new tax regulations requiring residents to declare cryptocurrency holdings on foreign platforms. This directive was issued by the Spanish Tax Administration Agency, Agencia Tributaria, which has created a specific tax form, … Read more
[ad_1] He also said that the criminal enforcement actions against Binance and the once-popular but now bankrupt crypto exchange FTX show that taking your business offshore doesn’t work. While Binance is a Hong Kong-based company, mostly focused on business in the Asia Pacific region, FTX was headquartered in the Bahamas.
[ad_1] Table of Contents These days the crypto market is slightly bearish with major coins trading in the red. Specifically, Bitcoin (BTC) and Ethereum (ETH) shed about 1% in a week. However, market participants aren’t losing their optimism regarding the possible approval of spot Bitcoin ETFs and the upcoming halving. Amid that, Bitcoin is still … Read more
[ad_1] Today, Wyoming-based Mummolin, Inc, has announced the successful completion of a $6.2 million seed funding round, led by Jack Dorsey, also featuring prominent investors such as Accomplice, Barefoot Bitcoin Fund, MoonKite, NewLayer Capital, and the Bitcoin Opportunity Fund, among others. This funding will fuel the launch of OCEAN, a new initiative aiming to decentralize … Read more
[ad_1] Changpeng Zhao has reportedly resigned from the Binance.US Board of Directors. The former Binance CEO has also relinquished his voting rights in the US affiliate and will not participate in any governance decisions. Binance.US has announced that Changpeng Zhao, who recently resigned as the CEO of the global crypto exchange Binance, has stepped down … Read more
[ad_1] COP28 kicks off in the UAE this week. While it is likely to deliver the usual ineffective hand-wringing, at significant cost, this year there is a twist: the presence of Bitcoin delegates shows just how far the industry has come, says Noelle Acheson.
[ad_1] The Financial Stability Board (FSB) says multifunction crypto-asset intermediaries (MCIs) are critical to the cryptocurrency ecosystem. However, their business models have vulnerabilities and risks that may negatively impact global financial stability. The FSB recommends a global approach and cooperation on regulation of these MCIs. The Financial Stability Board (FSB), an international organisation that monitors … Read more
[ad_1] On-chain data shows Dogecoin has reached a new milestone as the meme coin now has over 5 million addresses that are holding some tokens in their balance. Dogecoin Has Observed Both Adoption And Usage Recently According to data shared by the market intelligence platform IntoTheBlock, there are now more than five million DOGE addresses … Read more
[ad_1] Changpeng Zhao, commonly known as “CZ,” has stepped down as Chairman of Binance.US’s Board of Directors. The recent announcement by Binance.US regarding Changpeng Zhao, known as “CZ,” is stepping down as Chairman of its Board of Directors, marking a significant moment in the cryptocurrency sector. The company stated, “As [Zhao] transitions to life after … Read more
[ad_1] Government supervision is needed to protect investors and crack down on unlicensed platforms, Lee said according to the report. The Hounax case follows a similar one involving crypto exchange JPEX, which led to the arrest of six people in September after more than a thousand complaints involving a total of $128 million were filed. … Read more