The new laws ban crypto as a payment method in Thailand. However, the ban doesn’t apply to crypto used for investing; on the contrary, investing with crypto allows access to relaxed tax rules, including an exemption from a 7% value-added tax.
In a statement, Thailand’s Security and Exchange
The Lightning Network is a layer 2 solution which provides instant peer-to-peer payments for almost no cost on top of the Bitcoin network. When comparing the Bitcoin network to the current banking network, one may think of Bitcoin as SWIFT or Western Union while Lightning is more akin to Visa
The Japanese Virtual Currency Exchange Association (JVCEA), a self-regulatory body for the Japanese crypto sector, is working to release a “green list” of 18 widely accepted cryptocurrencies and digital assets by the end of the month, according to a local Japanese news agency, Nikkei Asia.
Efforts to Simplify Processes and
The Japanese Virtual Currency Exchange Association (JVCEA), a self-regulatory body for the Japanese crypto sector, is working to release a “green list” of 18 widely accepted cryptocurrencies and digital assets by the end of the month, according to a local Japanese news agency, Nikkei Asia.
Efforts to Simplify Processes and
The new laws ban crypto as a payment method in Thailand. However, the ban doesn’t apply to crypto used for investing; on the contrary, investing with crypto allows access to relaxed tax rules, including an exemption from a 7% value-added tax.
In a statement, Thailand’s Security and Exchange
The Lightning Network is a layer 2 solution which provides instant peer-to-peer payments for almost no cost on top of the Bitcoin network. When comparing the Bitcoin network to the current banking network, one may think of Bitcoin as SWIFT or Western Union while Lightning is more akin to Visa
Senator Andrew Bragg will be working closely with the Treasurer to implement changes around cryptocurrency and digital assets. Bragg, who chaired the Senate Select Committee on Australia as a Technology and Finance Center, addressed Blockchain Week 2022, quoting the Treasurer in calling these changes “the most significant reforms to [Australia’
On March 17th, the U.S. Senate Banking Committee held a hearing titled “Understanding the Role of Digital Assets in Illicit Finance,” which covered a broad range of topics. Issues such as how Russia could use digital assets to avoid sanctions and whether or not they should be allowed to,
A complicated, new crypto tax policy has recently been introduced in India. These new tax policies regarding virtual digital assets will prevent traders from offsetting their losses from trading one digital asset against the profits made with another.
The new policy will likely incentivize traders to pick one virtual asset
Malaysian Government officials are currently discussing the next steps for adopting Bitcoin as legal tender for the country. Deputy Minister of Communications and Multimedia, Zahidi Zainul Abidin, hopes that the government can allow Bitcoin and cryptocurrencies to be adopted as legal tender could provide stronger commerce connections between citizens and
On March 17th, 2022 Senator Elizabeth Warren (D-MA) and a number of her other colleagues introduced the Digital Asset Sanctions Compliance Enhancement Act of 2022. This bill is meant to prevent Russian persons (wealthy oligarchs and banks) from maneuvering around established sanctions with Bitcoin and other cryptocurrencies.
While presenting the
