Search Results for: approved

Le Paraguay deviendra le principal centre minier de Bitcoin en Amérique latine, selon Insight Group

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Paraguay, one of the smallest countries in Latam, has the conditions needed to become the next Bitcoin mining hub in the region, according to mining insight group Hashrate Index. The company notes there are many elements in favor of Paraguay, comprenant…

Le gouvernement brésilien prépare un nouveau décret pour clarifier les règles sur les crypto-monnaies

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The Brazilian government is preparing to release a decree to fill the blank spaces that the recent approval of the cryptocurrency law has left open. Le document, prepared by the Ministry of Finance, will establish the areas of oversight and responsibilities…

Sberbank s'apprête à lancer une plateforme de financement décentralisée basée sur Ethereum

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A recent report details that Russia’s largest financial institution, Sberbank, plans to launch a decentralized finance (défi) platform in May. Konstantin Klimenko, product director of Sberbank’s blockchain laboratory, said that open testing will begin in March. Sberbank’s Defi Platform to Enable…

Georgia Prepares to Launch Digital Lari Pilot in First Half of 2023

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The central bank of Georgia intends to publish a document detailing the concept of a national digital currency in the coming months. Other participating parties will use it to finalize their proposals for the pilot which the monetary authority plans to…

El Salvador Approves Digital Assets Issuance Law

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The Legislative Assembly of El Salvador approved the Digital Assets Issuance Law, a framework that will allow the country to issue crypto-related debt instruments. The approved law, which was passed thanks to the majority that President Nayib Bukele has in Congress,…

Binance Now Authorized in 7 EU Countries — Sweden Becomes Latest Member State to Give Approval

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Crypto exchange Binance is now legal to operate in seven European countries following the latest approval by Sweden’s financial regulator. Globalement, Binance has been approved to operate in 15 jurisdictions, including seven EU countries. Binance Approved to Operate in 7 MOI…

Iran Returns Seized Crypto Mining Equipment to Miners

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A government body responsible for state property in Iran has released some of the hardware seized from illegal crypto mining farms. Its top executive explained the agency was obliged to do that by courts in the Islamic Republic, where unlicensed miners…

Le Parlement italien approuve 26% Impôt sur les gains de crypto-monnaie en 2023 Loi de finances

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The Italian Parliament has introduced a 26% capital tax on cryptocurrency gains as part of the 2023 budget law, which was approved on Dec. 29. The document also offers incentives for taxpayers to declare their cryptocurrency holdings, proposing a 3.5% aliquot…

Brazilian Securities Commission CVM Opens a Path for Funds to Invest in Crypto

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The Brazilian Securities Commission CVM has cleared the path for funds to dive into cryptocurrency-based investments. The institution issued a new set of rules that allows financial investment funds to invest in cryptocurrency tokens with the equivalent protections offered to other…

Buenos Aires va taxer le minage de crypto-monnaie en 2023

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The province of Buenos Aires in Argentina will begin taxing cryptocurrency mining and possibly staking, dans 2023. A new proposal modifies the tax law to introduce cryptocurrency mining as a taxable activity that will levy 4% on the income calculated via…