Russia set to legalize Bitcoin
While Nigeria continues to ban financial institutions from dealing in cryptocurrency, other countries, like Russia and India have decided to take a different approach. The Bank of Russia has reached…
best cryptocurrencies that are worth investing in 2022
With people like the famous Elon Musk that drive trust and attention to the new ways of trading and with the safety that blockchain protocols offer, “popularity” would be a…
Bitfinex Crypto Hack: US Arrests Couple For Allegedly Laundering $4.5 Billion
Justice Department Says It Seized $3.6 Billion (valued at the time) Stolen in Cryptocurrency Exchange Hack The FBI arrested a husband and wife on Tuesday morning, alleging they conspired to…
Bitcoin hits $44,000, gains for five straight days
Bitcoin rose for a fifth consecutive day, the longest winning streak since September, as investors begin to re-embrace risk assets across global markets. The largest cryptocurrency by market value gained…
Bitcoin Will Reach $200K in Second Half of 2022, FSInsight Says
Ether could reach $12,000, the report said. Bitcoin became increasingly correlated with equities toward the end of the fourth quarter of last year and fell when faced with the prospect…
Russians Mining Crypto to Pay at Least 15% Tax, Companies – No Less Than 6%, Lawmaker Says
Private individuals mining cryptocurrency may expect a higher tax burden than businesses involved in the industry, a high-ranking member of the Russian parliament has indicated. While the extraction of digital…
Venezuelan Government Approves New Tax for Cryptocurrency and Foreign Currency Transactions
The Venezuelan Government has approved a new tax that would affect transactions made in foreign currency and cryptocurrency transactions. Approved by the National Assembly of the country, the tax, called…
Crypto lender Genesis accepts NFTs as collateral for loans
Digital asset trading group Genesis has started accepting non-fungible tokens as collateral for loans and derivatives deals, in a sign that digital art has found its way into the booming…
Cryptocurrency news: IRS announces it won’t tax crypto, but only in these cases
Joshua and Jessica Jarret could set a precedent benefiting crypto owners In May 2021, Joshua and Jessica Jarret requested the IRS a refund of $3,293 of income tax paid in…
Two States Propose Accepting Crypto for Tax Payments, Mark Zuckerberg’s Crypto Project Is Shutting Down, India Plans To Launch a Digital Rupee
Cryptocurrencies are starting to stabilize after falling significantly in January, and some experts expect prices to go back up. The million-dollar question is when. “As for the Bitcoin price drop,…