Saving 30% tax on crypto can be achieved through long-term capital gains. If you hold your cryptocurrencies for more than two years, you may qualify for the long-term capital gains tax rate, which is generally lower than the short-term capital gains tax rate. Consult with a tax professiona...
In Germany, law enforcement agencies confiscated 50 thousandbitcoinsworth approximately $2.17 billion (at the exchange rate as of the specified date). The case involves the work of a pirate site that violated the Copyright Act in 2013. The profit illegally received by this resource was converted ...
In March 2020, India’s Supreme Court declined to give the Central Bank powers stopping banks from handling digital currencies. This prompted investors to rush into the cryptocurrency space. ALSO READ:Bitcoin Bounces Above $50,000 for the first time in six days...
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Bybit Suspends Crypto Trading Services in India Amid Regulatory Changes By polina Increasing Bitcoin Hashrate Indicates Confidence in BTC Value By polina Kenya Prepares to Legalize Cryptocurrencies: Report By polina German Watchdog Orders Worldcoin to Delete Non-Compliant Data, Citing GDPR Violations ...
Fed Chair Jerome Powell's comments on Bitcoin and rate cuts have rattled cryptocurrency investors. News and Trends A New Dawn For Crypto: Upwards and Onwards of $100,000 Bitcoin (BTC) has overtaken silver and Saudi Aramco to become the seventh-largest asset in the world. On December 17...
How much will the global cryptocurrency market be worth in 2028? According to Fortune Business Insights, the global market is expected to reach USD 1,902.5 million by 2028. What was the global cryptocurrency market size in 2020? At what Compound Annual Growth Rate (CAGR) will the cryptocurrency...
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year. Just last month, Nigeria launched its Central Bank Digital Currency(CBDC), dubbedthe eNaira. The new eNaira will be issued by the CBN as legal tender like the current naira currency and will operate on the Hyperledger Fabric Blockchain. It will also follow the official exchange rate...
The first reason for the popularity of cryptocurrencies is the prevailing economic conditions in the country. Even though it is a prosperous one, the South Korean economy suffers from a youth unemployment problem. However, the key issue behind the youth unemployment rate is that there are more se...