The government is still reportedly considering how to implement crypto taxes, but legislation passed in response to the pandemic laid the groundwork. The Indonesian government is reportedly planning to charge a 0.1% capital gains tax on crypto investments as well as a value-added tax, or VAT, on digital asset transactions starting from May 1. According...Continue Reading
The 19 millionth Bitcoin was mined, leaving just 2 million BTC to be mined over the next 100 years. The 19th millionth Bitcoin (BTC) was mined on Friday, a landmark occasion for the number one cryptocurrency. Nineteen million Bitcoin are now in circulation, with just 2 million Bitcoin yet to be minted (or mined) until...Continue Reading
Sheila Warren and Jerry Brito joined security expert Juan Zarate to address ways to use cryptocurrency in the national interest. The George Mason University Antonin Scalia Law School National Security Institute hosted a webinar on Wednesday, March 30, titled “Crypto and National Security: How to Validate American Innovation and Verify U.S. National Security.” Journalist Laura...Continue Reading
Infrastructure firms will now have to report within 24 hours if they make a ransomware payment. “This surely will be a game changer.” 2020 was a record year for ransomware payments ($692 million), and 2021 will probably be higher when all the data is in, Chainalysis recently reported. Moreover, with the outbreak of the Ukraine-Russia...Continue Reading
Cointelegraph Magazine talks to some of the leading Metaverse founders to discover their secret sauce for Web3. Featuring co-founder of The Sandbox Sebastien Borget, co-founder of Upland Idan Zuckerman, head of metaverse growth of Unique Network Irina Karagyuar, chief marketing officer of Univers Peter Nguyen, co-founder of Alien Worlds Sarojini McKenna, co-founder of Immersys Daniel...Continue Reading
Inflation risks grapple the newly-launched ApeCoin as it paints a classic bearish reversal pattern. A euphoric price rally by ApeCoin (APE) seen in mid-March appears to be exhausted already thanks to the coin’s 70% drop in valuation in the past two weeks — and it may fall further in April. At the core of this...Continue Reading
BTC price breaking out of its established trading range is proving harder than expected. Bitcoin (BTC) showed signs of recovery from an overnight rout on April 1 after the Ides of March caught up with bulls at the last minute. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin faces “pivotal” moment Data from Cointelegraph Markets...Continue Reading
While Senator Warren’s new bill officially targets Russia, could this just be an excuse to tighten crypto regulation? In a July 2021 interview, Massachusetts Senator Elizabeth Warren likened crypto regulation to the drug regulation initiatives of a century ago, which she claimed put an end to the sale of “snake oil” and laid the basis...Continue Reading
Web3 is bringing “endless” opportunities to Indonesia, changing lives in Nigeria, breaking qualification barriers in India, changing skeptics’ minds in the Philippines and is making its way to Uruguay. Delegates at the Binance Blockchain Week talked about their Web3 stories and the growth of Web3 opportunities within their local communities. The recent conference brought crypto...Continue Reading
The acquisition is scheduled to follow Galaxy’s domestication in Delaware, which is expected to become effective between Q2 and Q4 of 2022. Cryptocurrency investment firm Galaxy Digital has not managed to finalize the acquisition of the digital asset custodian BitGo in the first quarter of 2022 as the firm originally planned. Galaxy Digital has made...Continue Reading
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