Russia’s staunchly crypto-skeptic Central Bank has indicated that it is prepared to soften its stance on crypto somewhat in order to allow a key piece of legislation to pass – but still favors a block on all domestic crypto-related activity…. Read More: Russian Central Bank Prepared to Make Some Concessions on Crypto Regulation Read…
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The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data shows. The money comes from a fee charged on the electricity spent to mint digital currencies, which was introduced in January. Crypto Mining Increases Budget Revenues in Kazakhstan Kazakhstan has received 652 million tenge (almost…
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The Japanese Prime Minister Fumio Kishida has indicated that he may be open to reforming the nation’s much-maligned crypto tax laws in a bid to spark Web3-related growth…. Read More: Japan’s Prime Minister Reportedly Open to Idea of Crypto Tax Reform Read more »Pay, Trade, Buy Bitcoin with Credit Card
Crypto adoption is on the march in Brazil – where the government has all but incentivized mining by waiving tax duty on mining rig imports. And after a major property developer revealed that it will begin accepting bitcoin (BTC) pay for new apartments (see below), the Brazilian media outlet Exame listed nine “major” domestic…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: German Inflation Rate Jumps, Kazakhstan Mulls Higher Tax for Bitcoin Miners, Binance in Italy + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ ____(Updated on May 28 at 04:30 UTC for space and clarity, also it was clarified that JPMorgan joined Elliptic’s financing round.)… Read More: Russia Mulls Crypto for Int’l Payments, Fed Vice…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Russia Mulling Allowing Crypto for International Payments, Fed Vice Chair Sees Place for Digital Dollar, NFT Game Blocks Users in China + More News Read more »Pay, Trade, Buy…
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The Japanese Prime Minister has spoken to the nation’s parliament about Web 3, claiming that it will spark economic growth – a further indication that pro-business legal reform could be on the cards in the nation. The Japanese media outlet CoinPost reported that the PM, Fumio Kishida, made his announcement before the House of…
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Two proposals to tax crypto assets have failed to gain support from Portuguese lawmakers who are now discussing the state budget. The bids came from minority left-wing parties, while the ruling majority is yet to put forward its own draft to regulate the matter. Portuguese Lawmakers Stop Motions to Tax Crypto Gains Members of the…
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Portugal’s status as a crypto tax haven remains in serious doubt – despite the defeat of two bills calling for the rollout of taxes…. Read More: Two Crypto Tax Proposals Defeated in Portugal, but Gov’t Likely to Follow up With Own Bill Read more »Pay, Trade, Buy Bitcoin with Credit Card
