A Russian politician proposed a technique of taxing cryptocurrency mining
According to Vladimir Gutenev, a prominent member of the Russian parliament, private individuals mining cryptocurrency can expect a larger tax burden than…
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Senator Ted Cruz made a Bitcoin purchase
Senator Ted Cruz of the United States declared the acquisition of bitcoins worth up to $50,000 in his asset declaration. "I am very delighted that Texas, my home…
Lightning Network Capacity Reached Highest Level
A record amount of bitcoin blocked in Layer 2 - the Lightning Network. There are over 3400 bitcoins in it, which, at current prices, is equivalent to about 142…
American lawmakers introduced the Crypto Tax Fairness Act to promote cryptocurrency usage
American lawmakers introduced a new bill called the "Crypto Tax Fairness Act," allowing cryptocurrency to be used as a form of payment for goods and services. This…
Myanmar’s government intends to launch its own digital currency
According to a spokesperson of the State Administration Council, the military government intends to establish a digital currency to facilitate local transactions…
Ferrari is interested in the blockchain and the NFT
The blockchain and NFT businesses, according to Ferrari CEO Benedetto Vigna, are niches that "deserve attention." He also stated that the luxury sports vehicle…
New Platform Revolutionizes Social Media Marketing
Social media users could soon easily earn extra cash thanks to a Toronto-basedcompany that created an innovative platform revolutionizing social media…
Thailand lifts 15% cryptocurrency tax due to industry demand
The Thai government has lifted the 15% capital gains tax on cryptocurrencies to encourage trading and investment in the emerging market.
According to the…
Dogecoin is moving from Proof of Work to Proof of Stake
Dogecoin is preparing for a significant transformation. Having come under fire for consuming an excessive amount of energy and being detrimental to the environment,…
Millicent received funding from the British government
Millicent is the first startup to gain support from the UK government for CBDCs and stablecoins.
Millicent, situated in the United Kingdom, has been funded by…