Italy to tax 26% on cryptocurrency profits over €2000 in 2023.
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Performance of cryptocurrency exchange platform coins in the past year.
OKB - 6.35%
LEO - 7%
HT - 46.07%
BNB - 52.76%
CRO - 89.88%
FTT - 97.83%
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OKB - 6.35%
LEO - 7%
HT - 46.07%
BNB - 52.76%
CRO - 89.88%
FTT - 97.83%
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Forwarded from Bitcoins
Central banks are preparing to buy & store Bitcoin??
Official guidance being set by the Bank of International Settlements (Bank for central banks).
https://www.bis.org/bcbs/publ/d545.pdf
@Bitcoins
Official guidance being set by the Bank of International Settlements (Bank for central banks).
https://www.bis.org/bcbs/publ/d545.pdf
@Bitcoins
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The Bank of Russia opposes unrestricted cryptocurrency investment.
According to governor Elvira Nabiullina, the Russian central bank is prepared to consider permitting cryptocurrency use domestically, but only as part of a legal experiment.
During a Bank of Russia press conference in December, Nabiullina said,
“It’s feasible to examine transactions through an authorized organization in the country as part of an experimental legal system, but it would require a relevant law.”
https://insidebitcoins.com/news/the-bank-of-russia-opposes-unrestricted-cryptocurrency-investment
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According to governor Elvira Nabiullina, the Russian central bank is prepared to consider permitting cryptocurrency use domestically, but only as part of a legal experiment.
During a Bank of Russia press conference in December, Nabiullina said,
“It’s feasible to examine transactions through an authorized organization in the country as part of an experimental legal system, but it would require a relevant law.”
https://insidebitcoins.com/news/the-bank-of-russia-opposes-unrestricted-cryptocurrency-investment
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InsideBitcoins.com
The Bank of Russia opposes unrestricted cryptocurrency investment
%%excerpt%%
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China's launch digital asset trading platform, the "China Cultural Protection Chain" platform registers, verifies, deposits, tracks, and protects digital assets launched today.
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Dogecoin CoreFund and Foundation updates.
The Dogecoin Foundation has taken the step of moving 5,000,000 Dogecoin to the development fund, with the intent that this will be allocated to Dogecoin Core, the development of which is critical and to the benefit of the Dogecoin ecosystem.
https://foundation.dogecoin.com/announcements/2022-12-31-corefund/
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The Dogecoin Foundation has taken the step of moving 5,000,000 Dogecoin to the development fund, with the intent that this will be allocated to Dogecoin Core, the development of which is critical and to the benefit of the Dogecoin ecosystem.
https://foundation.dogecoin.com/announcements/2022-12-31-corefund/
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Dogecoin
Dogecoin CoreFund and Foundation updates
Such Core, Much Development, Wow. We are happy to announce the institution of a new community Dogecoin Core development fund, managed by existing core developers and Dogecoin Foundation board director signatories, along with transparency blog posts forthcoming…
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Hong Kong SFC widens crypto access to retail investors.
Financial service companies in Hong Kong have already begun to offer services to regular investors widening crypto access.
The first two brokers in Hong Kong to trade digital assets for their corporate clients were Victory Securities and Interactive Brokers.
https://www.cryptopolitan.com/sfc-widens-crypto-access-to-retail-investors/
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Financial service companies in Hong Kong have already begun to offer services to regular investors widening crypto access.
The first two brokers in Hong Kong to trade digital assets for their corporate clients were Victory Securities and Interactive Brokers.
https://www.cryptopolitan.com/sfc-widens-crypto-access-to-retail-investors/
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Cryptopolitan
Hong Kong SFC widens crypto access to retail investors – Cryptopolitan
According to local media, financial service companies in Hong Kong have already begun to offer services to regular investors. Ahead of new regulations, brokers and fund managers in the area are allegedly seeking advice on licensing requirements. In December…
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Forwarded from Crypto News - Fast Market Moving⚡️
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An open letter from Gemini founder Cameron Winklevoss to DCG founder Barry, pointing out that today is the 47th day since Genesis stopped withdrawals of 340,000 EARN users, with 900 million US dollars, asking Barry to make a public commitment to address this issue by January 8.
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Ethereum transactions 338% higher in 2022 but Bitcoin remains most popular.
The values shown in the chart are in millions of transactions, with the average daily transactions at around 1.1 million for ETH and 255,000 for BTC.
However, transaction volumes on the Bitcoin network were steadier and more periodic than o Ethereum, which experienced much more volatility in transaction volumes. This was due to spikes in demand at certain times such as NFT launches and other gas-guzzling events such as XEN minting.
Ethereum’s heftier transaction volumes have continued into the new year, with the Ethereum transaction count on Jan. 2 reaching 924,614, a 300% increase compared to Bitcoin’s 229,191 on the same day.
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The values shown in the chart are in millions of transactions, with the average daily transactions at around 1.1 million for ETH and 255,000 for BTC.
However, transaction volumes on the Bitcoin network were steadier and more periodic than o Ethereum, which experienced much more volatility in transaction volumes. This was due to spikes in demand at certain times such as NFT launches and other gas-guzzling events such as XEN minting.
Ethereum’s heftier transaction volumes have continued into the new year, with the Ethereum transaction count on Jan. 2 reaching 924,614, a 300% increase compared to Bitcoin’s 229,191 on the same day.
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UK Offers Cryptocurrency Tax Break for Foreigners Using Local Brokers to Encourage Foreign Investment.
The tax exemption, announced in December, is part of Prime Minister Rishi Sunak's plans to transform the United Kingdom into a crypto hub.
To build upon the U.K.’s position as an investment management hub, this exemption has been extended to include crypto assets, so that funds which include them aren’t put off from appointing U.K. managers.
https://www.economywatch.com/news/uk-offers-cryptocurrency-tax-break-for-foreigners-using-local-brokers-to-encourage-foreign-investment
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The tax exemption, announced in December, is part of Prime Minister Rishi Sunak's plans to transform the United Kingdom into a crypto hub.
To build upon the U.K.’s position as an investment management hub, this exemption has been extended to include crypto assets, so that funds which include them aren’t put off from appointing U.K. managers.
https://www.economywatch.com/news/uk-offers-cryptocurrency-tax-break-for-foreigners-using-local-brokers-to-encourage-foreign-investment
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Economy Watch
UK Offers Cryptocurrency Tax Break for Foreigners Using Local Brokers to Encourage Foreign Investment - Economy Watch
International buyers of cryptocurrency through regional investment managers or brokers will be exempt from UK taxation. Beginning in 2023...
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Forwarded from Crypto News - Fast Market Moving⚡️
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NEAR token unlock in ~10h from now. A total of 9.86M NEAR tokens will be unlocked, that is ~0.99% of total supply.
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Every Grayscale trust and their respective premium %
At present, Grayscale holds about 632,000 BTCs worth about US$10.5 billion, accounting for 3.28% of the BTC market value, and the current premium rate is -45.17%; holding more than 3.03 million ETHs worth about US$3.6 billion, accounting for about 2.54% of the ETH market value.
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At present, Grayscale holds about 632,000 BTCs worth about US$10.5 billion, accounting for 3.28% of the BTC market value, and the current premium rate is -45.17%; holding more than 3.03 million ETHs worth about US$3.6 billion, accounting for about 2.54% of the ETH market value.
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