Cryptocurrency Market

  • Market Cap: $2,644,183,729,024.55
  • 24h Vol: $72,850,577,511.66
  • BTC Dominance: 58.28%

crypto assets

income-tax-applies-to-crypto-trading-in-bosnia,-tax-administration-says

Income Tax Applies to Crypto Trading in Bosnia, Tax Administration Says

Individuals are expected to pay income tax on gains from cryptocurrency trading, the tax authority of Bosnia has determined. In the absence of dedicated regulations, the federal government in Sarajevo has set up a working group to assess various risks associated with digital assets. Income Tax Is Due on Profits From Crypto Trades, Bosnia Tax […]

Income Tax Applies to Crypto Trading in Bosnia, Tax Administration Says Read More »

imf-report-on-el-salvador’s-bitcoin-adoption:-risks-averted,-but-transparency-needed

IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency Needed

According to a recent mission statement published by the International Monetary Fund (IMF), El Salvador has adopted bitcoin as legal tender and has avoided risks so far. The IMF states that the risks have not materialized due to the limited use of bitcoin. However, the United Nations financial agency warns that if its legal tender

IMF Report on El Salvador’s Bitcoin Adoption: Risks Averted, but Transparency Needed Read More »

privacy-coin-interest-stays-tepid-as-leading-coins-report-modest-gains-in-2023

Privacy Coin Interest Stays Tepid as Leading Coins Report Modest Gains in 2023

Over the past 90 days, the top privacy coins by market capitalization have seen an increase of just over $2 billion, rising from $4.65 billion on Nov. 9, 2022 to $6.69 billion today. However, while crypto assets such as bitcoin and ethereum saw gains of 30% or more in 30 days, privacy tokens like monero

Privacy Coin Interest Stays Tepid as Leading Coins Report Modest Gains in 2023 Read More »

north-korea-stole-record-amount-of-crypto-assets-in-2022,-un-report-unveils

North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils

The regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. report. Despite the difference between quoted estimates, the authors conclude that 2022 was a record-breaking year for crypto theft, to be blamed on the hermit state. Cybercrime Groups Linked to North Korea Get

North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils Read More »

kazakhstan-launches-consultation-on-proposals-to-improve-crypto-trading

Kazakhstan Launches Consultation on Proposals to Improve Crypto Trading

Financial authorities in Kazakhstan are starting a public consultation on draft changes to the country’s framework for digital-asset trading. The proposals include measures to reduce risks in the crypto market and improvements to the structure of exchange platforms. Kazakhstan’s Financial Hub Seeks to Amend Its Concept for Trading Digital Assets The Astana Financial Services Authority,

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nft-sales-soar:-january-2023-reaches-nearly-$1-billion-in-30-days-with-41%-increase

NFT Sales Soar: January 2023 Reaches Nearly $1 Billion in 30 Days With 41% Increase

Non-fungible token (NFT) sales increased 41.96% from the previous month, according to data recorded on Feb. 1, 2023. NFT sales reached nearly $1 billion in 30 days, with an approximate total of $997.53 million. Additionally, the number of digital collectible transactions rose more than 22% in the past month. Bored Ape Yacht Club Dominates, Ethereum

NFT Sales Soar: January 2023 Reaches Nearly $1 Billion in 30 Days With 41% Increase Read More »

london-crowned-world’s-leading-cryptocurrency-hub,-according-to-study

London Crowned World’s Leading Cryptocurrency Hub, According to Study

According to research from Recap, a cryptocurrency tax software company, London has become the world’s leading hub for cryptocurrencies. The researchers analyzed eight indicators, including the number of cryptocurrency businesses and the quantity of cryptocurrency ATMs in each country. Key Findings of Recap’s Study on Global Cryptocurrency Hubs Crypto tax firm Recap released a research

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alameda-research-seeks-$446-million-over-alleged-‘preferential-transfers’-to-voyager-digital

Alameda Research Seeks $446 Million Over Alleged ‘Preferential Transfers’ to Voyager Digital

On Monday, Alameda Research Ltd. filed a legal complaint against Voyager Digital LLC and HTC Trading Inc. in the U.S. bankruptcy court. The complaint alleges the defendants received preferential transfers of property from Alameda Research and the plaintiffs are seeking to recover approximately $445.8 million from Voyager and HTC. Legal Battle Erupts Over Crypto Asset

Alameda Research Seeks $446 Million Over Alleged ‘Preferential Transfers’ to Voyager Digital Read More »

‘prohibitive’-capital-rules-for-banks-holding-crypto-win-support-in-eu-parliament

‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU Parliament

Lawmakers in the European Union have backed legislation imposing new capital requirements for financial institutions, including strict rules meant to cover crypto-related risks. The latter concern banks keeping digital assets and are expected to enter into force in January, 2025. EU Legislators Approve Draft Law Implementing the Basel III Capital Regulations for Banks Members of

‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU Parliament Read More »