The Spanish telecoms giant Telefónica is mulling accepting crypto pay for “some of its services” – although it claims that its crypto projects pertaining to payments are still in the planning stage…. Read More: Spanish Telecom Behemoth Telefónica Weighs up Crypto Pay Options Read more »Pay, Trade, Buy Bitcoin with Credit Card
As Ukraine is increasingly relying on crypto donations, its Cyberpolice force has also decided to seek help from the crypto community in the country and abroad. The unit now takes various cryptocurrencies to support law enforcement agencies and acquire essential supplies. Cyberpolice Ukraine’s Latest Government Body to Solicit Crypto Donations The Cyberpolice department of the…
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Bitcoin (BTC) and tether (USDT) will become “de facto legal tender” in the southern Swiss city of Lugano, as the city partners with Tether to become the “Bitcoin Capital of Europe,” Tether’s Chief Technology Officer (CTO) Paolo Ardoino said during an event hosted with Lugano city officials on Thursday…. Read More: Swiss City of…
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Cryptocurrencies and NFTs are viewed differently than other investments by the IRS, making for a complex tax landscape. How can I simplify the tax submission process for myself or my CPA? Specialized cryptocurrency tax software enables users to generate a crypto tax report for their country, oftentimes generating Form 8949 alongside other files for e-file…
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The Lithuania-based crypto payments processor CoinGate has teamed up with the National Bank of Ukraine (NBU) – the country’s central bank – and the international payments firm International Business Settlement (IBS) to allow crypto users to donate money to Ukraine’s Armed Forces using more than 70 cryptoassets…. Read More: Crypto Payments Firm CoinGate Partners…
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The time has come to fast-track crypto mining regulation, a leading Russian lawyer has advised – even if this means removing the Central Bank from the equation…. Read More: Cut Central Bank out of Russian Crypto Regulation Picture, Urges Lawyer as Ukraine War Rages On Read more »Pay, Trade, Buy Bitcoin with Credit Card
A text threatening to prohibit cryptocurrencies relying on energy-intensive proof-of-work mining has been deleted from the draft legislation aimed at regulating the European crypto space. The move comes after the controversial provision sparked objections from the crypto community. MiCA Proposal Drops Ban on Proof-of-Work Coins Wording that could have banned cryptocurrencies with proof-of-work (PoW) mining,…
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“The regulatory framework surrounding cryptocurrency is going to change dramatically, so we always believe in staying on the right side of the law,” says Adam Aron, CEO of AMC Entertainment. During its Q4 2021 earnings call late Tuesday, Adam Aron, CEO of iconic theatre-chain AMC Entertainment, briefed the community on the company’s latest crypto adoption…
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Scams have started exploiting the desire of many in the crypto community to support Ukraine’s efforts to withstand Russia’s military assault and help its citizens endure the conflict. As the country is raising millions in bitcoin, a report has indicated that fraudulent schemes luring donors to “help Ukraine” with cryptocurrency are on the rise. Crypto…
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The European Union has published its new Data Act, a law proposal that aims to regulate the generation and handling of data by the actors that harness it. The act, in its large scope, touches on the subject of smart contracts and proposes that every smart contract should have a termination function to stop the…
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