More Cities to Pilot the Digital Yuan China’s Central Bank States
The People’s Bank of China has expanded its test area for its digital currency. According to the most recent official data, there are more than 261,000,000 users of the digital Yuan.
Coinbase to Create 1,000 Jobs In India as its Focuses On Crypto and Web3 For Asia
Coinbase’s focus is on India’s growing crypto and Web3 community. Brian Armstrong, CEO of Coinbase, stated that “Coupled with India’s top-notch software talent, we believe crypto and Web3 technology can accelerate India’s economic growth and financial inclusion goals.”
Governor Bailey From Bank of England – Crypto is innovative, but is a Haven For Scams
Andrew Bailey, Governor of Bank of England, raised concerns about crypto offering opportunities for criminals and scammers, per .
A New Decentralised Approach to Art Galleries and Exhibitions – ARTIC Brings via Its Meta Exhibitions
The ARTIC group plans to use blockchain technology in order to address current problems such as copyright infringement and counterfeit difficulties. These are long-standing obstacles to expanding the global art market.
Tax Authorities in Colombia Warn There Will be Consequences Not Declaring Crypto Taxes
DIAN, the Colombian tax authority, reminded taxpayers to register cryptocurrencies in their accounts starting in 2018. Lisandro Junco (director of DIAN) reminded cryptocurrency users that this type of asset is subject to the same tax as other assets held by citizens. Already, $1 billion has been collected by Colombia in digital economy-related taxes.
Another Milestone For Bitcoin – 19million Mined, 2 Million Left
Records show that 19,000,000 bitcoin were mined and put into circulation on April 1, 2022. Mining participants have only two million bitcoins remaining after the 21 million limit.
Expectations of Higher Crypto Prices – Mike Novogratz Says
Galaxy Digital is committed to listing in the U.S. Volatility expected to cause 1Q net comprehensive income decline
Kidnappers Demanding Hundreds Of Bitcoin as Ransom Payment Jailed in China
Four Chinese officials have taken four suspects into custody for kidnapping a single person and demanding ransom payments of “hundreds upon bitcoins”. Although the kidnapping was allegedly committed in the Philippines, it is believed that the Chinese authorities eventually facilitated the arrest and sentencing the kidnappers.
Bitcoin Dips Under $45,000 Whilst The EU Cracks Down On Crypto
The European Union legislators supported tighter crypto transaction safeguards on Thursday. The market quickly reacted, with the price Bitcoin falling more than 4% in the last day.
Here Are The Reasons Why Koinly Are The Best Crypto Tax Software
Koinly is a top-rated cryptocurrency portfolio tracker and calculator for investors, traders, and accountants. It has many unique features that set it apart from other software. This article will highlight five reasons why Koinly is the best cryptocurrency tax software available today. You have access to a variety of wallet and exchange integrations, Cardano support and DeFi support, as well as support for liquidity transactions and compatibility with multiple other countries.
