2024-6-23 11:59 |
The Chamber of Digital Commerce proposes adding a field to the form for brokers to indicate if a digital asset has a different tax rate to prevent errors and ensure accurate reporting.
Similar to Notcoin - Blum - Airdrops In 2024
2024-6-23 11:59 |
The Chamber of Digital Commerce proposes adding a field to the form for brokers to indicate if a digital asset has a different tax rate to prevent errors and ensure accurate reporting.
Similar to Notcoin - Blum - Airdrops In 2024
The US Internal Revenue Service (IRS) has unveiled the early draft of a tax form for reporting income from cryptocurrency transactions. The newly released Form 1099-DA, tagged as “Digital Asset Proceeds from Broker Transactions,” is currently open to comments from relevant stakeholders in anticipation of its final version by the IRS. Related Reading: Breathe Easy, […]
2024-4-20 13:00 | |
The pundit highlighted Ripple's focus on cross-border payments and involvement in helping governments form Central Bank digital currencies as key factors contributing to its potential market leadership.
2024-1-4 21:54 | |
At the recent GDEC 2023 conference, Ravi Menon, Managing Director of the Monetary Authority of Singapore (MAS), critiqued Bitcoin and similar digital currencies, questioning their viability as a form of money.
2023-11-28 16:24 | |
Sam Bankman-Fried, currently facing legal repercussions in the aftermath of FTX’s troubles, has transitioned his focus from crypto to a unique form of currency: mackerel. In the grim confines of a prison, where inmates are deprived of both traditional and digital currency, the desperation for substitutes unfolds.
2023-11-24 11:30 | |
Darewise Entertainment and ALTAVA Group form strategic partnership to blend advanced digital fashion with gaming in the Bitcoin Metaverse. The post ALTAVA’s AI-Powered Digital Wearables to Enhance Darewise’s Bitcoin Metaverse appeared first on NFT News Today.
2023-11-21 19:21 | |
Osaka Digital Exchange (ODX) revealed that its Proprietary Trading System (PTS) “START” for security tokens will begin operations by Dec. 25, according to a Nov. 20 statement. A security token is essentially a digital form of traditional securities.
2023-11-20 18:47 | |
Unpacking the IRS’ controversial new crypto tax regulation proposals.
2023-11-18 19:44 | |
The United Kingdom’s National Crime Agency seeks to employ six crypto investigators as part of a new project that will form a specialized digital assets team. “The role will be dedicated to a proactive cryptocurrency remit with the right tools and capabilities to target UK-based subjects along with supporting colleagues with specialist advice and guidance.
2023-11-2 16:45 | |
The European Central Bank (ECB) announced on Oct. 18 that its project to develop a digital form of the euro is progressing to the preparation phase. Christine Lagarde, President of the ECB, said on Twitter/X: “We need to prepare our currency for the future.
2023-10-19 22:40 | |
Russia’s Finance Ministry official hopes that liquidity from the crypto market will help the local business to overcome sanctions pressure. Digital financial assets (DFAs), a tokenized form of traditional financial instruments issued by Russian-only companies, appear to have failed to…
2023-10-18 16:03 | |
The crypto’s technological breakthrough was not as a superior payment method but as a superior form of money, the report said.
2023-10-11 13:35 | |
The Grab Web3 Wallet will be available to users of the ride hailing, food delivery and digital payments app to use vouchers in non-fungible token (NFT) form and earn rewards.
2023-9-14 11:51 | |
Cryptocurrencies took the financial world by storm and changed the way money works. They are essentially digital currencies that don’t have a physical form, bits of value that help people all over the world make transactions.
2023-9-5 17:21 | |
The US Treasury Department recently revealed a proposal outlining new tax rules for the cryptocurrency industry. Among the updates is the introduction of a 1099 form for crypto transactions. The new guidelines also clarify tax obligations for digital asset miners. …
2023-8-26 21:56 | |
The Reserve Bank of Zimbabwe (RBZ) has expressed its desire to establish a new form of digital money known as the Gold-Backed Digital Token (GBDT). This digital currency will be underpinned by gold bullion reserves held by the central bank.
2023-8-16 21:00 | |
Digital currencies hardly need an introduction. Despite being a novel asset class, cryptocurrencies have already become a popular long-term investment option and an increasingly widespread form of payment, being used to purchase an expanding range of products and services.
2023-7-29 13:26 | |
BlackRock, the world’s largest asset manager, has announced a joint venture with Jio Financial Services Limited (JFS) to form Jio BlackRock with the goal of democratizing access to investment solutions for investors in India through a digital-first strategy.
2023-7-27 16:55 | |
As a superior, digital form of wealth storage, bitcoin offers a complementary asset for real estate investors to consider.
2023-7-27 15:00 | |
Russia is progressing with its central bank digital currency (CBDC). President Vladimir Putin has endorsed the digital ruble bill, signing it into law on July 24. As a result of this approval, the digital ruble law is officially set to take effect starting from August 1, 2023.
2023-7-25 23:30 | |
Some argue it would weaken crypto’s payments use case or form a bridge to a digital dollar.
2023-7-20 17:36 | |
Some argue it would weaken crypto’s payments use case or form a bridge to a digital dollar.
2023-7-21 17:36 | |
Mitsubishi UFJ Financial Group Inc. is currently in negotiations with several businesses about issuing stablecoins, a form of digital asset, through its blockchain platform Progmat.
2023-6-23 19:13 | |
Powell testified before the House Financial Services Committee today. He discussed a range of topics around digital assets on Wednesday. Bitcoin surpassed the $30,000 level today for the first in two months.
2023-6-22 22:34 | |
The agencies have worked together for years, but now their joint efforts are official as they plan to ramp up activity.
2023-6-21 00:18 | |
The NFT will give holders access to behind-the-scenes content uploaded by Snoop Dogg while on tour.
2023-6-14 15:30 | |
The digital assets market has recorded bullish signals this year but the recent outlook suggests it may be heading towards the first bad month of 2023. Digital assets continue their week-long poor form with Bitcoin (BTC), Ethereum (, ETH), and other top 10 assets falling below prominent positions. Market leader BTC hit a 30-day low […]
2023-6-10 13:49 | |
In an intriguing blend of the digital and physical realms, renowned French luxury brand Louis Vuitton is set to debut its maiden “phygital” NFT collection named “Via”. The limited-edition series will feature coveted “Treasure Trunks” in physical form and matching non-fungible tokens.
2023-6-7 23:29 | |
What is cryptocurrency investment? Cryptocurrency investment in its most basic form is the process of buying digital currencies and holding them in the hope that the market falls in your favour while your portfolio increases in value.
2023-6-3 18:20 | |
Crypto sports betting has emerged as a popular form of gambling that allows users to engage in betting using digital currencies such as Bitcoin, Ethereum, and many more. But what are the real advantages of using crypto at sportsbooks? And why has it become so popular amongst players? BC.
2023-5-22 16:36 | |
Popular sportswear brand Puma joins forces with digital designer Wagmi-san to release a digital version of sneakers in the form of non-fungible tokens (NFT). A feature of such shoes is the presence of an NFC chip that connects the physical and digital world.
2023-4-26 13:28 | |
Crypto gambling has rapidly become an increasingly popular form of entertainment. Millions of people across the globe enjoy using digital currencies such as Bitcoin, Ethereum and Litecoin when placing bets.
2023-4-10 01:44 | |
A number of banks and other big brands are turning to RWA in the form of digital tokens on the blockchain as they look to bring more efficiency to transactions. Industry watchers say the trend will grow.
2023-4-5 22:03 | |
The ministry’s panel will reportedly focus on developing a framework for a central bank digital currency based on a technical study carried out by the Bank of Japan over the past two years.
2023-3-31 22:03 | |
Introduced in 2021, the European Digital Identity framework aims to enable and protect the digital identity of EU citizens.
2023-3-17 16:48 | |
Staking allows users holding digital assets to generate revenue with their assets. This novel form of passive income will be one of the most potent wealth-creation tools over the next decade. Analysts weigh up whether Lido DAO (LDO) can compete with DigiToads (TOADS) NFT staking.
2023-3-13 08:43 | |
Coinbase acquired One River Digital Asset Management (ORDAM) to form the foundation of its asset management and investment advisory services. The post Coinbase Moves Into More Stable World of Asset Management with Latest Acquisition appeared first on BeInCrypto.
2023-3-3 20:29 | |
Banco do Brasil, the oldest bank in Brazil, is creating a tax payment solution for citizens holding digital assets in Bitfy.
2023-2-12 14:00 | |
Zodia Custody and SBI are aiming to appeal to institutions interested in crypto investment and adoption.
2023-2-3 19:05 | |
Do you want to mine cryptocurrency from the comfort of your own home? With the rise in digital currencies, more and more people are becoming interested in crypto mining. Cryptocurrency mining uses specialized computer hardware to validate transactions on a blockchain, earning rewards in the form of new cryptocurrency.
2023-1-29 13:52 | |
The UK capital’s governing body is partnering with the Digital Pound Association and other trade groups to promote good crypto policy and practice and the UK’s position as a global financial center.
2023-1-12 22:45 | |
The U.K. Forum for Digital Currencies, which includes governing body City of London Corporation, also aims to further the countries crypto hub ambitions.
2023-1-11 16:42 | |
Ethereum will be kicked out of the Paxful marketplace due to the Proof-of-Stake transition. The founder believes that ETH is not decentralized. The post This Marketplace Delisted Ethereum Claiming That It Is a Digital Form of Fiat appeared first on BeInCrypto.
2022-12-22 20:00 | |
Peer-to-peer bitcoin (BTC) marketplace Paxful has removed ether (ETH) from its platform, with CEO Ray Youssef describing it as "essentially a digital form of fiat."
2022-12-21 16:19 | |
Manchester United has introduced its first Tezos-powered digital collectible in form of key that grants access to exclusive features
2022-12-17 18:59 | |
More than 41,000 Brazilian firms conducted some form of operation with crypto assets, according to the local tax authority, Receita Federal.
2022-12-8 19:44 | |
India launched the e-Rupee in four cities, New Delhi, Bengaluru, Mumbai and Bhubaneswar. This Central Bank Digital Currency (CBDC) is a digital form of cash for retail transactions. Bank of India, Yes Bank, ICICI Bank, and IDFC Bank will offer…
2022-12-3 18:51 | |
The newly formed Digital Agency of Japan said that it would form its own decentralized autonomous organization (DAO) in order to better understand its apps before granting them legal status. The Web 3.0 Initiative Is in Charge of the Project…
2022-11-4 23:00 | |
Counterparty risk and “liability” form enduring qualities setting Bitcoin apart, says Fidelity Digital Assets.
2022-10-19 13:30 | |
An early draft of the 2022 IRS tax form sees cryptocurrencies, stablecoins and nonfungible tokens grouped under a new “Digital Asset” category.
2022-10-19 11:05 | |