In a significant turn in economic policies, the Argentine government presented a legislative proposal to modify the treatment of cryptocurrencies in the country. The initiative seeks to incentivise the declaration of holdings of crypto assets by proposing a 15% to 5% reduction in the corresponding…
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cryptocurrencies
India is blocking access to exchanges like Binance
India's Financial Intelligence Unit (FIU IND) issued compliance notices to nine foreign digital asset service providers, alleging illegal transactions and violations of anti-money laundering regulations. Among those affected are prominent…
Russia sets the scene for cryptocurrency regulation
In a recent interview with the Russian newspaper Izvestia, Anatoly Aksakov, Chairman of the Committee of the State Duma of Russia, revealed that new regulations regarding cryptocurrencies are being considered, which could come into force…
Zhao’s fortune remains high, despite his troubles
Despite the legal challenges he faces today, Binance founder and former CEO Changpeng Zhao experienced the best financial period in his history. During the year 2023, its wealth has increased by approximately $25 billion.
According to…
AI displaced bitcoin in Google searches
In a notable turn, Google users show a marked shift in their search preferences, choosing to investigate more about Artificial Intelligence (AI) rather than "bitcoin" or "cryptocurrencies". Recent data from Google Trends reveal that,…
Musk is no longer “so interested” in cryptocurrencies
Eccentric tycoon and owner of Tesla, SpaceX and X (Twitter), Elon Musk, reveals his shift away from cryptocurrencies
During a conversation with Cathie Wood of Ark Invest at an X Space event held yesterday, Elon Musk, the visionary…
Spain dismantled a criminal network that operated with cryptocurrencies
The financing of terrorist activities in addition to blackmail and requests for ransom payment in cryptocurrencies are some of the crimes that the Spanish police have recently faced, in an international operation.
According to the Spanish…
FTX proposes measures to return money to clients
FTX, the cryptocurrency platform under scrutiny by the laws in the United States, proposed in court a restructuring of the company to return money to customers and also end the bankruptcy process.
As you may remember, FTX CEO Sam…
Brazil approved 15 % flat tax on cryptocurrency profits
Brazilian authorities recently approved a flat 15 % tax on profits from cryptocurrency transactions that will come into effect on January 1, 2024.
According to local newspaper Diário Official da União, the bill was signed on December 12 by…
Germany works on a stablecoin linked to the euro
Germany advances in the field of cryptocurrencies. Recently, Deutsche Bank joined crypto fund manager Galaxy Digital in working with Dutch market maker Flow Traders Ltd. to launch a euro-pegged stablecoin.
The three partners have worked on…
The United States tightens surveillance on cryptocurrencies
The United States has recently conducted various judicial proceedings in the area of cryptocurrencies. The Justice Department's surveillance measures have become more radical following the FTX and Binance cases.
With the security of…
Venezuelan arrested in Spain for cybercrimes
In an operation carried out by the Spanish National Police in Alicante, a Venezuelan citizen was arrested as the leader of the financial apparatus of the 'Kelvin Security', one of the most prominent hacker groups worldwide. This group has…