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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
El Salvador has postponed the issuance of the world's first Bitcoin backed bond because the government decided to wait for favorable conditions in the market, as originally clarified by Finance Minister Alejandro Zelaya on Tuesday. The Central American government had originally scheduled the launch of the $1 billion
News • Bitcoin • Mar 23, 2022
El Salvador has postponed the issuance of the world's first Bitcoin backed bond because the government decided to wait for favorable conditions in the market, as originally clarified by Finance Minister Alejandro Zelaya on Tuesday. The Central American government had originally scheduled the launch of the $1 billion
News • Bitcoin • Mar 23, 2022
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
News • Politics • Mar 23, 2022
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
News • Politics • Mar 23, 2022
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
News • Bitcoin • Mar 22, 2022
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’
News • Politics • 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