Alex Christensen
Like Canada, the Australian Taxation Office considers Bitcoin a financial asset with value that can be taxed when specific events occur. For example, if you trade, exchange, sell, gift, convert it to fiat currency, or use Bitcoin for purchases, you trigger a capital gains tax. You're also ...
As a result, access to digital currency is regulated differently across regions for both individuals and businesses. Countries that Advocate For Crypto Use Many countries have embraced cryptocurrencies, each tailoring its approach to fit its unique economic landscape. Let’s analyze how Switzerland and...
The Cardano founder expressed confidence that cryptocurrencies like Bitcoin are the future of money as the younger generation will inevitably trigger mass adoption of crypto. “The majority of people under the age of 25 have a positive view on cryptocurrencies, and a lot of them own them. ...
normalizing the initial effect of the devaluation. The second is that as other countries see this effect at work, they will be incentivized to devalue their own currencies in kind in a so-called “race to the bottom.” This can lead totit-for-tat currency warsand lead to uncheckedinflation...
What are reasons to use a VPN How to start using VPN Unlimited Trade crypto from whatever country you are in with our secure and reliable VPN solution! other platforms Why is Crypto Trading Forbidden in Some Countries Bitcoin and other cryptocurrencies are not favored by some countries as govern...
As people use less physical cash and alternative currencies such as Bitcoin gain ground, many countries are looking at issuing their own central bank digital currencies (CBDC). The surge in contactless payments has served to sharpen the focus on digital currencies and once again, the Nordics are...
Finance North Korean hackers pull off the biggest heist of all time, stealing $1.5 billion in crypto BY Chris Morris February 26, 2025 The Coins Fidelity predicts countries and central banks that once avoided Bitcoin will start buying it in 2025 BY Catherine McGrath January 8, 2025Rank...
Countries that are planning to implement the Blockchain Technology in their Currency Are you excited to know about the curated list of Central Banks that have introduced or have been going through the development phase, or have been experiencing the ongoing research of their CBDC in terms of bloc...
China — a country that has been favoring the “blockchain before Bitcoin” policy since introducing the blanket ban on cryptocurrencies in 2017 — has recognized Libra as a potential threat to traditional forms of money. Consequently, the country might use the concept behind Libra for its own ...