After a two-month-long period of pushing and shoving, Congress has eventually passed the hotly contested $1.2 Trillion Infrastructure Bill by 228-206, opening doors for taxation requirements on cryptocurrencies in the U.S. If assented by the POTUS, crypto service providers such as Coinbase will now be required to…
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The bill will require the US-based cryptocurrency business to report to the IRS every transaction above the $10,000 threshold.
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As part of their broader Women in Crypto campaign, payments platform Wirex has brought back their Rising Women in Crypto Power List for a second year to find and award the top ten most inspirational women in the crypto industry.  The long list of women will be…
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An executive from The Australia and New Zealand Banking Group commented on the growing crypto industry at the “State of Play” forum held by Blockchain Australia noting that there will be a “major protocol shift for financial market infrastructure”. The comments from ANZ bank executive Nigel Dobson…
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An unclear regulatory framework creates confusion among taxpayers  The post Cryptocurrencies and the RW framework: unresolved issues in the Italian tax system appeared first on The Cryptonomist.
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New York Mayor-Elect Eric Adams has revealed that he plans to collect his first three paychecks as Mayor in Bitcoin. The mayor-elect is leaning towards the largest and most popular crypto as part of his commitment to make New York City the hub of cryptocurrencies and digital…
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Since its launch in 2018, Kava has grown from a single-application blockchain to a thriving DeFi platform with over $2 billion in on-chain assets. As the project embarks on its next phase of growth with the launch of the Kava Ecosystem, we explore Kava’s past, present, and…
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The Bitcoin exchange-traded fund (ETF) is a big deal — many believe that it can unlock the floodgates to large investments by institutional investors. The Winklevoss brothers first filed for a Bitcoin exchange-traded fund around eight years back, which was turned down by the Securities and Exchange Commission (SEC)…
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Enjin has announced the creation of a $100 million fund to boost the development of its planned metaverse. The post Enjin floats $100M Efinity Metaverse Fund to boost NFT marketplace appeared first on The Block.
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The further institutionalization of bitcoin has made it less attractive to more opportunistic traders, according to Genesis' most recent quarterly report.  The post Bitcoin demand trends ‘downwards’ as institutions move into DeFi and ‘blue chip’ alts, says Genesis appeared first on The Block.
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