Search Results for: crypto assets

Draft Law Regulating Aspects of Crypto Taxation Submitted to Russian Parliament

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A bill updating Russia’s tax law to incorporate provisions pertaining to cryptocurrencies has been filed with the State Duma, the lower house of parliament. The legislation is tailored to regulate the taxation of sales and profits in the country’s market for…

Russian Chamber of Commerce Suggests Using Cryptocurrencies in Settlements With Africa

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Employing crypto in cross-border payments is one of the proposals put forward by the Russian Chamber Of Commerce lobbying for more cooperation with African countries. Amid unprecedented sanctions limiting Russia’s ability to trade internationally, the head of the board has urged…

Mozilla to Reinstate Crypto Donations — Organization Will Not Accept Proof-of-Work Cryptocurrencies

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During the first week of January, the software community Mozilla revealed it was pausing cryptocurrency donations after citing environmental concerns. 14 weeks later, Mozilla decided last week it will accept crypto donations again, but only from digital assets that leverage a…

Robinhood Lists Shiba Inu and 3 More Cryptocurrencies — SHIB Price Soars

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Popular trading platform Robinhood has listed shiba inu (SHIB) as well as three other popular cryptocurrencies. Supporters of the meme crypto have petitioned for months for Robinhood to list SHIB. Robinhood Finally Lists Shiba Inu Crypto Popular trading platform Robinhood announced…

Billionaire David Rubenstein on Why He Changed His Mind About Crypto — Says ‘I Was Skeptical in the Beginning’

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David Rubenstein, the founder of Carlyle Group, one of the largest investment firms managing over $300 billion, says he was skeptical of crypto but now believes that “the genie is out of the bottle” and the crypto industry is not “going…

Bank of Spain Reminds Public Cryptocurrency Purchases Can Be Blocked in Certain Cases

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The Spanish central bank, Bank of Spain, has warned users about certain actions banks can take if they detect cryptocurrency purchases. In a post published on its web page, the institution explains that traditional banks have the ability to block these…

Russian Finance Ministry Amends Bill ‘On Digital Currency,’ Adds Crypto Mining Provisions

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The Ministry of Finance of the Russian Federation has revised a draft law designed to regulate the country’s crypto space, introducing provisions for cryptocurrency mining. The bill has been resubmitted to the government and may be adopted during the parliament’s spring…

EU Designates ESMA as Crypto Regulator of the Region in Latest MiCA Draft

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The Parliament of the EU has designated ESMA, the European Securities and Markets Authority, the top cryptocurrency regulator of the region in the latest draft of MiCA, the Markets in Crypto Assets regulation. The European organization would have the task of…

Bank of America Strategist Warns ‘Recession Shock’ Is Coming, Analyst Says Crypto Could Outperform Bonds

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On Friday, Bank of America’s (BOFA) chief investment strategist Michael Hartnett explained in a weekly financial note to clients that the U.S. economy could head into a recession. The BOFA strategist’s note further detailed that cryptocurrencies could outperform bonds and stocks….