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Slovakia to Lower Tax on Income From Crypto Holdings
1.7.2023
Lawmakers in Slovakia have adopted legislation that will reduce the tax burden for cryptocurrency holders in the country. Income derived from long-term investments in digital assets will also be relieved from healthcare taxes, the parliamentarians decided. Investors in Slovakia to Pay 7% Tax...
US Court Orders Operator of Digital Asset Trading Scam to Pay $54 Million
30.6.2023
According to the Commodity Futures Trading Commission (CFTC), Michael Ackerman, the operator of an alleged fraudulent digital asset trading scheme, has been issued with an injunction order which bars him from trading in any CFTC-regulated markets or registering with the CFTC. The injunction also...
Chinese Firms Using Digital Yuan to Pay Electricity Bills
30.6.2023
Energy providers in China are adding digital yuan payment options, allowing companies and individuals to settle their bills in the nation’s central bank digital currency (CBDC).
Per the news outlet Dizo, the city of Suzhou’s Xiangcheng District’s drainage and sanitation companies recently used...
Ex-Trader Ackerman Ordered to Pay $54 Million Fine for Crypto Fraud
29.6.2023
The former New York Stock Exchange broker Micahel Ackerman has been ordered to pay $54 million in penalties by a federal court for running a crypto fraud, as per a release from the Commodity Futures Trading Commission (CFTC).
A judge at the Southern District of New York court has banned Ackerman...
Bitcoin-Friendly App Damus Avoids Apple Deplatforming After Two-Week Battle Over 'Zaps' Tipping
28.6.2023
Apple had threatened to eject the bitcoin-friendly social media app from its App Store by June 27 unless Damus removed the ability to receive bitcoin tips via “zaps” on content posts
Billionaire Jack Dorsey Challenges Tim Cook Over Apple Pay's Lack of Bitcoin Support Amid Damus Controversy
28.6.2023
Former Twitter CEO Jack Dorsey has questioned Apple CEO Tim Cook about the lack of Bitcoin (BTC) support on Apple Pay, the firm's mobile payment service.
This comes after Apple threatened to remove the Bitcoin-friendly social media app Damus from the App Store for violating its terms...
Former NYSE Broker to Pay $54M to Settle CFTC Crypto Fraud Charges
28.6.2023
Michael Ackerman pleaded guilty in 2021 to charges of defrauding around 150 investors for $33 million in a digital asset trading scheme
Voyager to pay $1.1 million in legal fees incurred in April
28.6.2023
Certain members holding high positions within the firm bill an hourly rate exceeding $2,000 for their professional services
Dubai Regulator Unveils Schedule of Fees for Virtual Asset-Related Activities
28.6.2023
The Dubai Virtual Asset Regulatory Authority (VARA) recently announced the schedule of fees “covering the issuance of no-objection certificates to proprietary traders, amendments or withdrawal of licence applications, and the submission of whitepapers for VARA review.” According...
Voyager to Pay $1.1M Legal Fees for April
28.6.2023
Some of the firm’s attorneys billed Voyager upwards of $150,000 for their work during the month
Yuan Usage Soars in Argentina: Over 500 Companies Request to Pay for Imports in Chinese Currency, Report
27.6.2023
Over 500 companies in Argentina have reportedly requested to pay for imports using Chinese yuan as the U.S. dollar shortage worsens. “The central bank doesn’t have dollars so it needs the emergency aid China is offering,” a trade economist in Buenos Aires explained. Chinese Yuan Usage Hits Record...
Japanese Crypto Issuers Won't Pay Taxes on Unrealized Gains, Govt. Clarifies
26.6.2023
Token issuers in the country were subject to a 30% corporate tax for unrealized gains on their own tokens
Brazilian Hospital Will Accept Crypto Pay in National First
26.6.2023
A hospital in the Brazilian state of Rio Grande do Sul has become the first in the nation to accept crypto pay.
Per the Brazilian media outlet Livecoins, the hospital in question is the Rolante Hospital Foundation (FHR), a large general hospital in the municipality of Rolante.
FHR is the oldest...
Right to Pay With Cash Enshrined in Constitution of Slovakia Amid Digital Euro Fears
21.6.2023
A member of the eurozone is amending its constitution in order to guarantee citizens the right to cash payments. The move comes amid growing fears that a digital version of the common European currency may eventually become the only means of payment in the eurozone, despite currently being touted...
French Real Estate Firm Signs Crypto Pay Deal – Is Adoption on the Rise?
21.6.2023
A French real estate firm has signed a partnership deal with domestic crypto pay provider, an indication that the European nation may be the next to embrace crypto-powered commerce.
Per Boursier, Apsys will allow customers to pay using crypto at all of its shopping malls.
The firm operates...
Coinex Settles With NY Attorney General, Pays $1.7M in Penalties; Announces Exit from US Market
16.6.2023
According to a press release issued on June 15 by the Office of the New York State Attorney General, the cryptocurrency exchange Coinex has reached a settlement with Letitia James, the chief law enforcement officer. The attorney general stated that Coinex will pay $1.7 million in penalties...
Belgium: Burger Chain to Accept Crypto Pay – Is Adoption on the Rise?
14.6.2023
The Belgian arm of the French fast food chain Black & White Burger has announced that all its stores in the nation will accept crypto payments.
Per the media outlets L’Echo and L’Avenir, the chain also says it has created a “mystery burger,” which will only be made available to customers paying...
Asset Freeze to Halt Binance US Operations, Exchange Says, Seeks Rejection of SEC Request
13.6.2023
Crypto exchange Binance US has urged a federal judge to reject a request by the U.S. securities regulator to freeze its assets. The company won’t be able to maintain the trading platform or pay employees and vendors, defense attorneys said in a court filing. ‘No Need for the Draconian Relief Sought...
Latam Insights — Volcano Energy Bitcoin Mining Project Rises in El Salvador, Venezuelan Miners Leaving Amidst Crypto Corruption Probe
12.6.2023
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue, Volcano Energy rises in El Salvador, Venezuelan bitcoin miners flee amidst nationwide mining ban, and Argentina deepens usage of the Chinese yuan to...
PORADNA: Je bezpečné přidávat novou kartu do Peněženky Google na veřejné Wi-Fi?
10.6.2023