The week begins with good news for the cryptocurrency sector, considering the recovery of Bitcoin’s price, which opened the week at $80,000.

Several factors are driving this increase in the cryptocurrency’s value. Analysts point to the rise in the price of a barrel of oil due to the conflict with Iran, in addition to some domestic announcements in the United States, such as the Bitcoin reserve and the Clarity Act.

However, other experts on the subject warn that the value of the leading cryptocurrency does not depend on external narratives.

In any case, the week starts favorably for BTC holders, who remain hopeful that the price will return to $100,000.

M.Pino

With information from cryptocurrency-focused media outlets

(Reference image source: Shutter Speed on Unsplash)

Follow our news on Google! For current, interesting, and accurate information, click here to see all the content on Bitfinance.news. You can also find us on X/Twitter and Instagram

La entrada Bitcoin trades above $80,000 apareció primero en Bitfinance.

Openbank announced that in addition to the cryptocurrencies Bitcoin, Ether, Litecoin, Polygon, and Cardano, it has added Solana and Polkadot to its investment portfolio in Spain.

The 100 % digital bank, part of the Santander Group, indicated that customers can now “buy, sell, and hold these products without needing to transfer money to another platform.” The option to schedule cryptocurrency purchases is also available; those interested can make recurring contributions “starting from €1 and without custody fees through the bank’s app or website.”

The bank assures its customers of the backing and security of the Santander Group, one of the world’s leading financial institutions, within the European regulatory framework.

“Currently, it offers an automated investment service called Robo Advisor, a catalog of over 4,000 stocks, 3,000 investment funds from more than 150 asset managers, and over 2,000 ETFs.” Furthermore, it offers its clients an AI-powered brokerage platform “that provides target prices for over 1,000 stocks in Europe and the United States.”

M.Pino

Source: intereconomia

(Reference image source: Mariia Shalabaieva on Unsplash)

Follow our news on Google! For current, interesting, and accurate information, click here to see all the content on Bitfinance.news. You can also find us on X/Twitter and Instagram

La entrada Openbank expands its cryptocurrency offering with the addition of Solana and Polkadot apareció primero en Bitfinance.

Digital assets can represent economic salvation for some and a path to ruin for others. Nevertheless, crypto adoption continues to increase in Latin America and Central America, while regulations are tightening in Europe, Asia, and Australia.

Recent reports indicate that some 270 cryptocurrency companies have applied to operate in El Salvador. This has been confirmed by Juan Carlos Reyes, president of the National Digital Assets Commission.

On the other hand, in Venezuela, which is undergoing political and economic change following the US intervention in January, a new boost in cryptocurrency mining is expected thanks to new OFAC licenses in the energy sector and Donald Trump’s decision to ease sanctions on the national electricity system.

Colombia, meanwhile, is finalizing the details of a cryptocurrency law, although without the participation of the industrial sector. At the same time, the banking sector is analyzing issues such as tokenization and digital assets.

Argentina is moving towards openness, with cryptocurrency adoption around 20 % and Jair Milei’s government authorizing traditional banks to offer digital asset services to their clients.

Stricter regulations and prevention of cryptocurrency crime

In Europe, Spain has tightened regulations. In this regard, the Spanish Tax Agency is now holding a public consultation on the new tax forms (042, 172, 175) for declaring cryptocurrencies, in order to comply with the regional regulation DAC8, from January of this year. The measure strengthens control over balances and transactions, as well as requiring platforms to automatically report them.

In Australia, on the other hand, crypto adoption is among the highest, at 23 % of the total. And although trading is entirely legal, in 2025 the Australian Senate passed the Companies Amendment Bill (Digital Asset Framework), which requires exchanges to hold a financial services license to protect users. Furthermore, the Australian Taxation Office (ATO) levies taxes on capital gains.

Asia maintains a strong stance in favor of strict regulatory compliance in countries such as China, Japan, South Korea, Thailand, Uzbekistan, and even Russia. Throughout the region, anti-money laundering regulations are rigorous, and penalties for violating domestic laws are severe.

M.Pino

With information from cryptocurrency media outlets

(Main reference image source: Michael Förtsch on Unsplash)

Follow our news on Google! For current, interesting, and accurate information, click here to see all the content on Bitfinance.news. You can also find us on X/Twitter and Instagram

La entrada Cryptocurrency market booms in Latin America and faces regulations in Europe apareció primero en Bitfinance.

Paraguay will evaluate future state-run bitcoin mining after launching a pilot program using equipment seized from illegal operators.

The South American country’s initiative puts BTC mining back into focus after “years of tension surrounding the activity. For a time, the country established itself as an attractive destination for miners thanks to cheap electricity and a favorable regulatory environment.”+However, with the massive influx of “illegal installations,” energy theft occurred, and public pressure on the authorities increased. Hence the state’s response to control clandestine operations.

Currently, efforts are underway to repurpose 1,500 of the 30,000 ASIC machines seized, with support from the technology company Morphware and the state-owned electric utility, the National Electricity Administration (ANDE). These entities have established a memorandum of understanding that sets out a framework for cooperation to analyze the plan’s feasibility.

The machines “will be located in facilities controlled by ANDE, specifically near electrical substations to take advantage of the existing infrastructure.”

Although experts indicate that the hardware is very old, the idea is to leverage the country’s energy surplus, known for its low cost and abundance, to power the equipment recovered from illegal operations.

M.Pino

Source: cripto247

(Reference image source: Erling Løken Andersen on Unsplash)

Follow our news on Google! For current, interesting, and accurate information, click here to see all the content on Bitfinance.news. You can also find us on X/Twitter and Instagram

La entrada Paraguay tests state-run Bitcoin mining apareció primero en Bitfinance.

The UK Parliament took a significant step in the cryptocurrency market with the passage of the Property Act 2025, which recognizes them as a third category of property.

This means that Bitcoin and other digital assets are now considered property, independent of physical objects and contractual rights.

The law – the Property (Digital Assets etc.) Act 2025 – received Royal Assent from King Charles III on Tuesday, December 2, “marking a milestone in the regulation of digital finance in the country. The new legislation responds to a recommendation from the UK Law Commission issued in 2023 and was introduced in the House of Lords in September 2024.”

British courts had previously treated cryptocurrencies as property in individual, case-by-case rulings. The new law creates a specific category for assets such as Bitcoin, stablecoins, and non-fungible tokens (NFTs).

This parliamentary decision provides “greater clarity and protection for consumers and investors by ensuring that digital assets can be clearly owned, recovered in cases of theft or fraud, and incorporated into insolvency or inheritance proceedings.”

The law provides stronger legal avenues for “proving ownership, handling disputes, and offering protection in related crimes or litigation.”

M.Pino

Source: diariobitcoin

(Reference image source: R Spegel on Unsplash)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on X/Twitter and Instagram

La entrada UK recognizes cryptocurrencies as property apareció primero en Bitfinance.

Openbank, the 100 % digital bank of Spanish financial giant Santander, announced on Tuesday its new service for buying, selling, and holding cryptocurrencies.

Customers, particularly those in Germany, will have the opportunity to perform these transactions, in addition to traditional investment portfolio operations, with Bitcoin, Ethereum, Litecoin, Polygon, and Cardano.

“The bank announced that this service will be available in Spain in a few weeks, thus expanding its coverage to one of its main markets. The new service allows users to trade cryptocurrencies directly from the Openbank platform, without the need to transfer funds to external intermediaries, with the regulatory backing of the European Regulation on Markets in Crypto-Assets (MiCA),” they stated.

According to Coty de Monteverde, Head of Crypto at the Santander Group, this initiative aims to meet the demand of the bank’s clients. “In this way, we continue to expand our comprehensive range of products and services through a fast, simple, and technologically advanced platform, backed by one of the world’s leading financial groups.”

Regarding cryptocurrency transactions, Openbank indicated that a 1.49 % commission will be applied for buying and selling, with a minimum of 1 euro per transaction. In the coming months, the bank expects to “expand its cryptocurrency portfolio and add new features, such as conversion between different cryptocurrencies.”

M.Pino

Source: observatorioblockchain

(Reference image source: Traxer on Unsplash)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on X/Twitter and Instagram

La entrada Spanish Openbank to offer cryptocurrency trading apareció primero en Bitfinance.

El Salvador will become the first country to host an international conference on Bitcoin. The event, called “Historic Bitcoin,” will take place on November 12 and 13, with an agenda that includes topics such as monetary sovereignty, culture, and financial inclusion.

The conference will be held in the Historic Center of San Salvador, the country’s capital, with the participation of “figures from the crypto ecosystem, including entrepreneur Ricardo Salinas, author Jeff Booth, Jack Mallers, one of the driving forces behind the Lightning Network, and renowned BTC advocate Max Keiser and his wife Stacy Herbert, who are also advisors to the Salvadoran government, among others.”

“Bitcoin Histórico,” an event organized by the National Bitcoin Office, aims to “consolidate the role of cryptocurrency as a symbol of financial freedom and as a driver of a cultural renaissance.”

According to the organizers, over the two days of the event, attendees will enjoy lectures, debates, and activities open to the public, which will be broadcast on giant screens in Gerardo Barrios Square.

Among the historic sites in the Salvadoran capital where conference activities will take place are the National Palace, the National Library, and the National Theater.

Strategic topics in the crypto sector, such as regulations, “the energy impact, technological infrastructure, and the challenges of financial education,” will be addressed on November 12 and 13.

M.Pino

Source: cripto247

(Reference image source: Joshua Woroniecki on Unsplash)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on X/Twitter and Instagram

La entrada El Salvador will hold the first official government-organized Bitcoin conference in November apareció primero en Bitfinance.

The eighth edition of Crypto Latin Fest will be held on August 21st and 22nd at the Botanical Garden of Medellín, Colombia, sponsored by the global crypto exchange platform Bitfinex.

The event, one of the most important in Latin America, will bring together regional specialists in bitcoin, cryptocurrencies, and decentralized finance. It is a convening event for “industry leaders, developers, investors, and enthusiasts, with the goal of sharing knowledge, promoting innovation, and facilitating connections around digital assets and blockchain technology.”

Bitfinex, the exclusive sponsor, will present a regional study analyzing “opportunities for different types of investors in the region.” Its participation in the eighth edition of the festival will be active, analyzing topics such as “banking systems and digital assets, regulation and legal aspects in Latin America, Liquid Network, and success stories.”

The Crypto Latin Fest will be the ideal place to foster interaction with key players in the sector and decision-makers, which will help consolidate “its importance in shaping the future of the crypto landscape in the region and beyond.”

M.Pino

Source: mercado.com.ar

(Reference image source: Kanchanara on Unsplash)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on X/Twitter and Instagram

La entrada Eighth edition of Crypto Latin Fest will be held in Medellín apareció primero en Bitfinance.

Cryptocurrencies are an asset that continues to gain traction in the global market. By 2025, there will be five countries where these assets will be tax-free: El Salvador, the Cayman Islands, the United Arab Emirates, and Germany.

This situation stems from strong regulatory frameworks and an openness to transactions with Bitcoin and other cryptocurrencies, thanks to their security, speed, and transparency.

Regarding tax exemption, in the case of the Cayman Islands, cryptocurrencies do not pay income, capital gains, or corporate taxes, making them the ideal instrument for crypto traders and funds.

In the United Arab Emirates, zero tax applies to “all cryptocurrency activity,” and transactions also benefit from a strong and clear regulatory framework.

El Salvador, in Central America, declared Bitcoin legal tender with full tax exemption. The market’s leading cryptocurrency continues to gain national adoption.

Germany, on the other hand, allows cryptocurrency holdings for more than 12 months with zero tax.

Finally, in the case of Portugal, “long-term cryptocurrency gains remain tax-free; the NHR program boosts benefits for expats.”

M.Pino

Source: cointelegraph

(Reference image source: Traxer on Unsplash)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on X/Twitter and Instagram

La entrada Countries where cryptocurrencies are tax-exempt apareció primero en Bitfinance.

The Federal Housing Finance Agency (FHFA) announced last Friday, June 27, that bitcoin and other cryptocurrencies will be eligible for mortgage-backed securities, following President Donald Trump’s favorable stance toward digital currencies.

According to FHFA Chairman William J. Pulte, the decision aligns with “the nation’s housing policy and President Donald Trump’s vision of positioning the U.S. as the cryptocurrency capital of the world.”

Thus, the new assets will become part of the mortgage market, “as long as they are held in centralized, U.S.-regulated exchanges,” the agency stated.

In this regard, guidelines have been issued for the development of an implementation framework that will assess the potential value of cryptocurrencies and associated risks, such as high volatility, liquidity issues, and cybersecurity.

M.Pino

Source: cripto247

(Reference image source: Kanchanara on Unsplash)

Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on X/Twitter and Instagram

La entrada Bitcoin is officially a mortgage asset in the United States apareció primero en Bitfinance.