Search Results for: XEM

Tax Benefits for Bitcoin Businesses in Belarus Extended Until 2025

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Tax exemptions for companies and individuals legally working with cryptocurrencies in Belarus will remain in place until Jan. 1, 2025. A new presidential decree extends the tax cuts introduced in 2018 when the executive power in Minsk legalized crypto activities such…

FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense

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According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave…

Poročilo: Nigeria to Stop Cash Withdrawals From Government Accounts

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From the start of March, Nigerian public officials will be barred from withdrawing cash from government bank accounts, the head of the Nigerian Financial Intelligence Unit reportedly said. Public officials that want to be exempted from this new regulation will have…

Binance Acquires Licensed Japanese Crypto Exchange — Prepares to Enter Japan as Regulated Entity

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Cryptocurrency exchange Binance has acquired a regulated Japanese cryptocurrency exchange and is now preparing to enter the Japanese crypto market as a regulated entity. “The Japanese market will play a key role in the future of cryptocurrency adoption,” said the general…

Don’t Forget the Importance of Censorship Resistance

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Since people are once again talking about self-custody as one of crypto’s unique strengths, I would like to remind everyone about an equally important fundamental value proposition of crypto that, in the early days, was touted as the killer feature. jaz’m…

MEXC Global Now Exceeds 10 Million Users; The Meaning Behind the Upgrade Color to ‘Ocean Blue’

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SPOROČILO ZA JAVNOST. As of September 2022, MEXC has finally reached a respectable milestone of 10 million users! To celebrate this unique achievement, starting November 18th of this year, MEXC will introduce a major brand color change to its global userbase to…

Singapore Seeks to Reduce Risks for Retail Crypto Investors With Restrictive Rules

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Financial authorities in Singapore have proposed new regulations designed to protect consumers from risks associated with cryptocurrency investment and trading. The measures, which also aim to expand regulations for stablecoins, will be discussed with the industry before their adoption. Singapore Prepares…

Asia’s Largest Web3 Event TOKEN2049 Exclusively Unveils NFT Assets Valued Over US$100 Million

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SPOROČILO ZA JAVNOST. SINGAPORE — 25th September 2022 — TOKEN2049, Asia’s premier crypto conference, announced that it will be showcasing a first-of-its-kind, immersive NFT experience, entitled the OP3N WHALE NFT Exhibition, at its upcoming Singapore edition from 28 do 29 septembra. The…

US Senator Wants Congress to Step in With Crypto Guidance — Urges SEC to Provide Much More Clarity on Regulations

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ZDA. Senator Pat Toomey says Congress should step in and provide a regulatory framework for cryptocurrency. He stressed that the U.S. Komisija za vrednostne papirje in borzo (SEC) is not sharing its framework for regulating crypto with lawmakers, noting that Chairman Gary Gensler…

Izrael prepoveduje gotovinske posle za zneske, ki se začnejo tako nizko kot $1,700

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New legislation introducing tighter restrictions on payments with large sums of cash will enter into force in Israel on Monday. Cilj, as stated by the country’s tax authority, is to improve the fight against organized crime, pranje denarja, and tax…