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Tokyo Assembly Members Seek 0% Bitcoin Tax in the Japanese Capital
Tokyo Assembly Members Seek 0% Bitcoin Tax in the Japanese Capital
News  •  Politics  •  May 10, 2021 by Thomas M

Members of Tomin First no Kai, a ruling party of the Tokyo Metropolitan Assembly, are advocating for a 0% Bitcoin tax in the city as part of their plan to transform Tokyo into a financial hub. As reported by Yahoo last week, assembly member Yu Ito sees Tokyo's

Be the Mosquito That Makes a Difference
Be the Mosquito That Makes a Difference
Opinion  •  Bitcoin  •  May 10, 2021 by Obi Nwosu

Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most

Hungary May Cut Cryptocurrency Tax By 50%
Hungary May Cut Cryptocurrency Tax By 50%

Hungary may cut cryptocurrency taxes in half — from 30.5% to 15%. In a Facebook video published today, Hungary's Minister of Finance Mihály Varga addressed plans for the country's economic recovery, which included the consideration of updated taxation around cryptocurrencies. At the moment, income from cryptocurrency

News  •  Economy  •  May 10, 2021
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Hungary May Cut Cryptocurrency Tax By 50%
Hungary May Cut Cryptocurrency Tax By 50%

Hungary may cut cryptocurrency taxes in half — from 30.5% to 15%. In a Facebook video published today, Hungary's Minister of Finance Mihály Varga addressed plans for the country's economic recovery, which included the consideration of updated taxation around cryptocurrencies. At the moment, income from cryptocurrency

News  •  Economy  •  May 10, 2021
Tokyo Assembly Members Seek 0% Bitcoin Tax in the Japanese Capital
Tokyo Assembly Members Seek 0% Bitcoin Tax in the Japanese Capital

Members of Tomin First no Kai, a ruling party of the Tokyo Metropolitan Assembly, are advocating for a 0% Bitcoin tax in the city as part of their plan to transform Tokyo into a financial hub. As reported by Yahoo last week, assembly member Yu Ito sees Tokyo's

News  •  Politics  •  May 10, 2021
Be the Mosquito That Makes a Difference
Be the Mosquito That Makes a Difference

Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most

Opinion  •  Bitcoin  •  May 10, 2021
Bitcoin Holders Should Be Prepared to Lose All Their Money: Bank of England Governor
Bitcoin Holders Should Be Prepared to Lose All Their Money: Bank of England Governor

Bank of England Governor Andrew Bailey reiterated his views that cryptocurrencies "have no intrinsic value" and their holders should "be prepared to lose all [their] money." At a press conference on Thursday, Bailey was quoted saying, “they have no intrinsic value. That doesn’t mean to

News  •  Economy  •  May 07, 2021
Kazakhstan Plans Central Bank Digital Currency Pilot
Kazakhstan Plans Central Bank Digital Currency Pilot

Kazakhstan's central bank is considering the issuance of a central bank digital currency (CBDC). A report published by the National Bank of Kazakhstan on Wednesday outlines plans to launch a pilot project for a digital tenge. The pilot would see a two-tier structure, with the National Bank as

News  •  Economy  •  May 05, 2021
E-Commerce Giant Mercado Libre Adds Bitcoin to Balance Sheet
E-Commerce Giant Mercado Libre Adds Bitcoin to Balance Sheet

Argentine e-commerce corporation Mercado Libre has bought $7.8 million worth of bitcoin, as revealed in the firm's Q1 earnings results. Mercado Libre is Latin America's most popular e-commerce platform, counting more than 170 million users in 2016. The decision to buy bitcoin was made in

News  •  Business  •  May 05, 2021
All You Need Is Bitcoin
All You Need Is Bitcoin

Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most

Opinion  •  Bitcoin  •  May 03, 2021
Game Publisher Nexon Buys $100M Worth of Bitcoin
Game Publisher Nexon Buys $100M Worth of Bitcoin

South Korean-Japanese game publisher Nexon has become the latest publicly traded company to add Bitcoin to its balance sheet. As the firm announced on Wednesday, it has bought $100 million worth of bitcoin, which represents less than 2% of its total cash and cash equivalents. This makes Nexon the first

News  •  Business  •  Apr 27, 2021
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