Last week, tax authorities in the United Kingdom, Spain, and Brazil made announcements regarding the taxation of cryptocurrency holdings. In the UK, HMRC demanded that hodlers declare any previously unreported crypto holdings and reminded taxpayers of the daily interest charged on late payments. Spanish citizens were reminded of their obligation to declare crypto, even if […]
Last week, tax authorities in the United Kingdom, Spain, and Brazil made announcements regarding the taxation of cryptocurrency holdings. In the UK, HMRC demanded that hodlers declare any previously unreported crypto holdings and reminded taxpayers of the daily interest charged on late payments. Spanish citizens were reminded of their obligation to declare crypto, even if […]
El Salvador’s President, Nayib Bukele, claims that the country’s Bitcoin investment has turned profitable despite data showing losses. Bukele, who is currently on a six-month leave from office for his reelection campaign, stated that if they were to sell their Bitcoin holdings at the current market price, they would not only recover their investment but […]
El Salvador’s President, Nayib Bukele, claims that the country’s Bitcoin investment has turned profitable despite data showing losses. Bukele, who is currently on a six-month leave from office for his reelection campaign, stated that if they were to sell their Bitcoin holdings at the current market price, they would not only recover their investment but […]
The UK Treasury Committee is expressing concerns about the potential introduction of a retail Central Bank Digital Currency (CBDC), or digital pound, due to the risks it may pose to the economy. Lawmakers are worried that allowing people to quickly switch large amounts of bank deposits into digital pounds during market turmoil could lead to […]
The UK Treasury Committee is expressing concerns about the potential introduction of a retail Central Bank Digital Currency (CBDC), or digital pound, due to the risks it may pose to the economy. Lawmakers are worried that allowing people to quickly switch large amounts of bank deposits into digital pounds during market turmoil could lead to […]
Two brothers who were responsible for stealing $8.5 million from decentralized finance (DeFi) protocol Platypus have been allowed to walk free by a French court. The theft occurred on February 16 when hackers exploited a code error and withdrew all assets through an uncollateralized loan. The stolen funds were eventually tracked with the help of […]
Two brothers who were responsible for stealing $8.5 million from decentralized finance (DeFi) protocol Platypus have been allowed to walk free by a French court. The theft occurred on February 16 when hackers exploited a code error and withdrew all assets through an uncollateralized loan. The stolen funds were eventually tracked with the help of […]
Ripple vs. SEC: Latest Updates on the LawsuitThe legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has reached a critical phase in November 2023. Both parties have submitted a joint proposal outlining the next steps in the lawsuit, focusing on the remedies briefing and discovery process.John E. Deaton, a lawyer […]
Ripple vs. SEC: Latest Updates on the LawsuitThe legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has reached a critical phase in November 2023. Both parties have submitted a joint proposal outlining the next steps in the lawsuit, focusing on the remedies briefing and discovery process.John E. Deaton, a lawyer […]
