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Bitcoin
Colombian Tax Authority Tightens Control Over Cryptocurrency Usage
The DIAN, the Colombian tax authority, has announced it is taking special measures to tighten controls on taxpayers currently using cryptocurrencies to transact. With these actions, the organization seeks to detect any taxpayers that have…
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India Announces Upcoming Launch of Central Bank Digital Currency, Digital Rupee, to Be Issued by RBI
The Indian government has announced the upcoming launch of the country’s central bank digital currency. The digital rupee will be issued by the Reserve Bank of India (RBI) in the financial year 2022-23, Indian Finance Minister…
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Bitcoin Market Dominance Hit Highest Since November 2021, No Alt Season in Sight
After reaching its biggest market capitalization dominance since November 2021 last week, Bitcoin is regaining market share from altcoins.
The pioneer momentarily accounted for almost 42% of the global crypto market cap in late January,…
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El Salvador Rejects IMF Call to Abandon Bitcoin as Legal Tender
El Salvador has rejected the recommendation by the International Monetary Fund (IMF) to drop bitcoin as legal tender. The country’s finance minister reportedly “angrily” said, “No international organization is…
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Microstrategy Buys 660 More Bitcoins —Total Holdings Rise to 125,051 BTC
Nasdaq-listed Microstrategy has bought 660 more bitcoins at an average price of $37,865 per coin, bringing the total crypto holdings of the company to 125,051 bitcoins. “Our strategy with bitcoin has been to buy and hold, so to the…
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US Congressman Would Take a Portion of His Salary in Bitcoin
Minnesota Representative, a longstanding crypto supporter, might become the first U.S. Congressman to take his salary in Bitcoin.
Rep Emmer to Be Paid in BTC?
In a recent podcast interview with popular BTC bull Anthony Pompliano, Rep. Tom…
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Crypto Asset Manager Wisdomtree Reveals ‘Direct-to-Retail’ Digital Wallet
The crypto asset and exchange-traded fund (ETF) manager Wisdomtree has revealed the company is launching a new digital wallet called Wisdomtree Prime, which will allow users to hold crypto assets, blockchain-enabled funds, tokenized…
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New Balance ‘Virtual Goods’ Trademarks Hint of Upcoming Metaverse and NFT Venture
Following Adidas and Nike getting into the metaverse, the sneaker manufacturer New Balance seems to be prepping to launch virtual items tied to its products. The firm filed three trademark applications with the United States Patent and…
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Bitcoin Concluded January With a 17% Price Drop: The Third-Worst January in History
History shows that January tends to be a rather negative month for bitcoin in terms of price performance. The 2022 edition didn’t go well either, as it became the third-worst January in the past decade with a near 17% decline.
January 2022…
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India Proposes 30% Tax on Crypto Income — Finance Minister Cites ‘Phenomenal Increase’ in Crypto…
The Indian government has proposed taxing income from cryptocurrencies and other digital assets at 30%. India’s finance minister, Nirmala Sitharaman, said: “There’s been a phenomenal increase in transaction in virtual…
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