Indonesian lawmakers propose tax laws on cryptocurrency transactions
Indonesian Commodity Futures Trade Regulatory Agency is considering taxing all cryptocurrency transactions on licensed exchanges.
Indonesian Commodity Futures Trade Regulatory Agency is considering taxing all cryptocurrency transactions on licensed exchanges.
The financial services juggernaut’s second quarterly earnings call this year identified five crypto opportunities for the company.
This is believed to be one of the cryptocurrency’s main fundamental risks. The more coins enter the market, the harder it will be to sustain current price levels.
Ethereum, the world’s largest altcoin, was valued at just under $750 when the year began. With Bitcoin breaching its 2017 high in December, many in the Ethereum community expected ETH to do the same in time as well. And so it happened, with the alt going past its previous ATH on the charts a few weeks later. However, contrary to many expectations, the crypto-market didn’t exhaust all its bullish momentum, with both BTC and ETH surging to climb to newer highs.
Reporter Colin Wu shared news published by Chinese state media PengPai related to Bitcoin mining activities by the national government. At the very least, China’s view of cryptocurrencies is ambiguous, but according to the report they have been dabbing with BTC.
Weening yourself off from the dependency on the traditional banking ecosystem has never been more relevant.
1inch, a decentralized exchange aggregator operating on both Ethereum and Binance Smart Chain (BSC), launched its wallet for iPhone users on Apple iOS on Tuesday.
Houston-based Landry’s boasts 600 high-end restaurants, casinos, and hotels all over the country.
Iran has always had a strenuous relationship with cryptocurrencies and activities related to it like mining. The nation has been cracking down on illegal crypto mining operations, but has also tried to benefit from the introduction of legal cryptocurrency mining. Now, the nation’s central bank wants to use cryptocurrencies mined by licensed miners to pay for imports.
Despite Dogecoin’s global acceptance and celebrity endorsement, Meltem Demirors called it “mania” and a classic example of a bubble.
Beijing’s new warning against cryptocurrency comes days before regulations aimed at preventing illegal crypto fundraising take effect May 1.
The US House of Representatives passed a bill dubbed “Eliminate Barrier to Innovation Act of 2021” (H.R. 1602). The bill aims to create an entity predominantly made up of employees from two regulatory bodies, the US Securities and Exchange Commission (SEC) and the Commodities and Futures Trading Commission (CFTC), with the goal of overseeing cryptocurrencies together.
Dan Schulman, President and CEO of PayPal, said that the demand for cryptocurrencies has surpassed the company’s expectations.
Gemini, a New York-based crypto exchange, has announced that Gemini users around the world can now purchase crypto via Apple Pay and Google Pay.
To establish an interplanetary economy, humanity needs a better financial system that decentralized cryptocurrency can offer.
A Swiss fintech company is rolling out the first crypto exchange-traded products (ETPs) for Cardano (ADA) and Stellar Lumens (XLM).
Caracas Air, Venezuela’s leading aviation academy, has started accepting Bitcoin, according to a Twitter announcement made by CEO Oliver Laufer.
Digital currency is becoming more well-known because it’s been around for a decade or so. In the past, it was only die-hard investors who chose to work with crypto like Bitcoin. However, more and more companies are accepting it as payment for services and goods.