The taxes will be lowered to 7% from the current taxation sliding scale of either 19% or 25%. Also, cryptocurrency payments of up to 2400 euros will not be taxed. Slovakia is one of the […]
On June 28, the European Commission announced it had proposed a legislative plan for a digital euro, aiming to make it a widely accepted and easily accessible form of payment. The announcement emphasized that allowing individuals […]
A US judge has said the court cannot wordsmith the SEC and Binance’s press releases. But in denying the crypto exchange’s motion, Judge Amy Berman Jackson said either party has to “adhere to their ethical […]
Hong Kong and Shanghai Banking Corporation (HSBC) — the biggest bank in Hong Kong — has reportedly introduced its first local cryptocurrency services. HSBC has enabled its customers to buy and sell Bitcoin (BTC) and […]
British Hacker Joseph O’Connor, also known online as PlugwalkJoe, has been sentenced to five years in a United States prison for his role in stealing $794,000 worth of cryptocurrency via a SIM swap attack on […]
The US Supreme Court ruled that the district court must stay proceedings in a class action lawsuit when interlocutory appeal is ongoing. Coinbase filed an appeal after its motion to compel arbitration was denied. The […]
The United States Supreme Court decided in favor of cryptocurrency exchange Coinbase on June 23 in a partisan opinion that will halt court proceedings against the company in two California cases. Plaintiffs in the class-action […]
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. Cryptocurrencies seem to […]
As cryptocurrencies and blockchain assets continue to grow in popularity and mainstream adoption, the United States Internal Revenue Service has taken an increasing interest in their taxation. In the U.S., cryptocurrency is subject to crypto […]
Consumer protection groups from the European Union (EU) have urged regulators to conduct investigations on artificial intelligence (AI) models behind popular chatbots. According to a report from the AP on Tuesday, 13 watchdog groups issued […]
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