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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, 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,
News • Bitcoin • Mar 22, 2022On 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,
News • Bitcoin • Mar 22, 2022
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
News • Bitcoin • Mar 21, 2022
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
News • Bitcoin • Mar 21, 2022
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
News • Bitcoin • Mar 18, 2022
Project Mano, an Ethiopian group lobbying the government to embrace Bitcoin, published an open letter to Samson Mow – and what’s more, Mow responded. The group calls itself a movement started by Bitcoiner Ethiopians looking to orange pill their government. Their initial proposal to the Ethiopian Prime Minister was written
News • Bitcoin • Mar 18, 2022
According to the on-chain data pointed out by an analyst in a CryptoQuant post, Bitcoin reserves in exchanges have lost another 50k Bitcoin over the last week and could be a bullish indicator. The “all exchanges reserve” is an on-chain indicator that aggregates the total amount of Bitcoin stored on
News • Bitcoin • Mar 18, 2022
Ukraine has launched a new donation website, Aid For Ukraine, to support its military and humanitarian efforts as the fight against Russia continues to evolve. The website is now live and is currently reporting close to $60 million in received donations at the time of writing. These numbers continue to
News • Bitcoin • Mar 17, 2022
On March 16th, 2022, Congressman Tom Emmer (R-MN) and seven other Congress Members sent a formal letter to the Securities and Exchange Commission and Gary Gensler (SEC chair) regarding their investigations on Bitcoin and cryptocurrency companies. Emmer tweeted a thread stating that his office received word from a number of
News • Bitcoin • Mar 17, 2022