Source: Adobe/Quatrox Production The head of the Ukrainian cyberpolice has called for crypto to be legalized – claiming that “most criminal activity” is now conducted using crypto. In an interview with RBC’s Ukrainian service, the cyberpolice chief, Oleksandr Grinchak, stated that “legalizing” and “moving cryptocurrency into the legal sector would help the police “monitor illegal […]
Source: Adobe/pkstock A USA-based tax expert has hinted that the ball may be in the Internal Revenue Service (IRS)’s court when it comes to taxing crypto – and suggested that most crypto investors are not tax dodgers, but simply require a non-“forensic” solution to filing taxes on their earnings. The comments were made by Roger […]
Source: A screenshot, Instagram/potus Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ____ Investments news Fold, a bitcoin (BTC) rewards app, announced a USD 13m series A round to fuel its growth. The round was led by Craft Ventures with participation […]
Source: Adobe/THANANIT Consumer understanding of cryptocurrencies appears to be trending higher, as 29% of respondents to a recent survey, conducted by payments platform Paysafe‘s digital wallet Skrill, declared they now knew more about cryptocurrencies than they had the same time a year ago. Moreover, some 26% said they were more likely to invest in cryptocurrencies […]
Source: iStock/Pgiam Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. ____ Tax news The US Treasury said the Biden administration’s proposal to strengthen tax compliance includes a requirement for transfers of at least USD 10,000 of crypto to be reported to […]