Japan removes corporate tax on unrealized crypto profit
Japan has scrapped corporate tax on unrealized profits Companies holding unrealized gains on their crypto assets will not pay tax on them as from April 1, 2024. Japan is reportedly doing away with corporate tax on unrealized profits from cryptocurrency…
Coinbase Responds to Senator Warren: A Call for Balanced Cryptocurrency Regulation to Protect National Interests
The post Coinbase Responds to Senator Warren: A Call for Balanced Cryptocurrency Regulation to Protect National Interests appeared first on Coinpedia Fintech News In a recent and highly publicized exchange, the cryptocurrency industry, represented by Coinbase, has responded forcefully to…
Bitcoin Millionaire Boom: Over 90,000 Wallets Now Worth $1M Or More As Apex Crypto Surges 150% In 2023
Bitcoin (CRYPTO: BTC) shattered the key $40,000 resistance level in 2023, boasting a remarkable 150% surge and minting numerous cryptocurrency millionaires in its wake. What Happened: According to Bitinfo data, the tally of Bitcoin addresses holding a minimum value of…
Cryptocurrency Internet Computer Decreases More Than 6% Within 24 hours
Over the past 24 hours, Internet Computer’s (CRYPTO: ICP) price has fallen 6.66% to $9.48. This continues its negative trend over the past week where it has experienced a 5.0% loss, moving from $9.95 to its current price. The chart…
Bitcoin ETF Watch: SEC Reportedly Meets With Big Players, Demands Final Touches By This Deadline
Officials from the Securities and Exchange Commission reportedly engaged in meetings on Thursday with delegates from seven firms, all vying to introduce Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs). What Happened: The SEC convened a meeting on Thursday with representatives from…
2023: A key turning point in the stablecoin market | CoinDesk JAPAN
For the global stablecoin market, 2023 has been a year of unprecedented developments that will shape the future of digital currencies. In addition to technological advances and innovations, there have also been significant changes in the regulations governing digital assets….
China’s Foreign Exchange Administration warns against foreign currency exchange using virtual currencies
Warning against illegal foreign currency exchange using virtual currency China’s State Administration of Foreign Exchange warned on the 24th that “purchasing crypto assets (virtual currencies) and exchanging them for foreign fiat currencies is illegal.†The bureau appears to be citing…
Central Bank of Nigeria lifts virtual currency ban
Lifting of virtual currency ban The Central Bank of Nigeria has lifted the ban on the provision of crypto-asset (virtual currency) related services in a circular issued on the 18th. Nigeria has the largest population and gross domestic product (GDP)…
Bitcoin is struggling in the high price range, and there is a sense of caution about “fact selling†if the ETF is approved
Macroeconomics and financial markets On the US New York stock market on the 22nd of last week, the Dow Jones Industrial Average fell 18.3 points from the previous day, and the Nasdaq index closed flat, rising 29.1 points (0.19%). Among…
SEC settles with Barnbridge for $1.7 million, slamming “false decentralized†DAOs | CoinDesk JAPAN
Crypto investment issuer BarnBridge DAO and its founders settle charges from the U.S. Securities and Exchange Commission (SEC) that they offered illegal crypto securities to American investors The company agreed to pay a total of $1.7 million (approximately 238 million…