The government of Spain recently announced that it is going to apply a new tax regulation that aims to control the use of cryptocurrencies in the country.
Specifically, those citizens of the Iberian region who possess cryptocurrencies must declare them before official entities. Also, they must…
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digital assets
UAE prepares cryptocurrency launch
The United Arab Emirates are working on developing their own cryptocurrency, which is expected to come out between 2023 and 2026.
This launch will be thanks to the efforts of the Central Bank of the United Arab Emirates (CBUAE), which…
France and Singapore jointly test cbdc
The Bank of France and the Monetary Authority of Singapore (MAS) are jointly testing digital currencies issued by central banks, according to a joint statement.
Both institutions ensured that the cross-border settlement and payment…
Bank of America creates research team for cryptocurrencies
The Bank of America recently created a team dedicated exclusively to conducting research within the field of cryptocurrencies.
Alkesh Shah, the US bank's innovation data strategy staff, will lead this team along with Mamta Jain andAndrew…
Electricity consumption of bitcoin begins to fall
According to data from the Cambridge Bitcoin Electricity Consumption Index (cbeci), the electricity consumption of the cryptocurrency plummeted 60 % from the all-time high reached above 143 terawatt-hours (twh).
No such low numbers were…
Iran prepares to regulate cryptocurrency mining
The legislators of the Iranian parliament presented a bill that will allow crypto mining in their territory with well-established rules and a preponderant role of the Central Bank.
The project aims to "support cryptocurrency mining and…
BBVA in Switzerland will offer bitcoin transactions
The headquarters of the financial entity of BBVA of Switzerland launches today its first service for the purchase, sale and custody of crypto assets, starting with Bitcoin. The purpose is to open to other cryptocurrencies, for all its…
Bitcoin price continues to fall in the market
This Monday, bitcoin fell again in the market, this time by 10 % of its value, after measures against the mining of digital assets increased in China.
Recently, the Chinese government ordered the closure of some 26 mining centers…
Interactive Brokers will bet on the use of cryptocurrencies
The American trading company Interactive Brokers announced that in the coming months its users will count on the option to carry on transactions using cryptocurrencies.
Founder Thomas Peterffy spoke at the Piper Sandler Global Exchange…
Singapore’s DBS launches its own token
The multinational banking corporation, known as DBS Bank of Singapore, launched its first security token offering, or STO, through the issuance of a digital bond.
As indicated, this asset has a price of 11.35 million dollars to be paid…
Venezuela, the third largest cryptocurrency user in the world
A report by the firm Chainalysis showed that Venezuela ranks as the third country in the world, only behind Ukraine and Russia in the adoption of payments with cryptocurrencies.
The blockchain analysis company indicated that the Latin…
Tether, the most used cryptocurrency other than bitcoin
The cryptocurrency tether is known as the one that remains and acts in the shadows. However, today it is one of the most used, even above bitcoin.
All this because this asset, also known as the usdt, is one of the financial vehicles that…