Lugano Introduces Cryptocurrency Payments for Taxes and Fees

Lugano, a city in Switzerland, has expanded its payment options by accepting Bitcoin (BTC) and Tether (USDT) for the payment of tax bills and other municipal fees. This move comes as part of Lugano’s “Plan B” to utilize Bitcoin technology and blockchain for the transformation of the city’s financial system. The payment solution is being […]

Surprising Forecasts for 2024: Saudi Arabia Secures Champions League Rights, US Capitalism Faces an Uncertain Future, and Robert F. Kennedy Jr. Emerges as Presidential Victor

The Danish bank, Saxo Bank, has once again released its “outrageous predictions” for the upcoming year. These predictions, which are not endorsed by the bank, focus on unlikely events that would have a significant impact on the financial markets.According to Saxo Bank’s analysts, Saudi Arabia will acquire the rights to the Champions League, the price […]

Surprising Forecasts for 2024: Saudi Arabia Secures Champions League Rights, US Capitalism Faces an Uncertain Future, and Robert F. Kennedy Jr. Emerges as Presidential Victor

The Danish bank, Saxo Bank, has once again released its “outrageous predictions” for the upcoming year. These predictions, which are not endorsed by the bank, focus on unlikely events that would have a significant impact on the financial markets.According to Saxo Bank’s analysts, Saudi Arabia will acquire the rights to the Champions League, the price […]

Italy and South Korea Collaborate on Central Bank Digital Currencies

Italy and South Korea have recently signed a memorandum of understanding (MoU) to collaborate on the development and deployment of Central Bank Digital Currencies (CBDCs). The focus of this partnership is on sharing knowledge and information related to real-time settlement systems and CBDCs, particularly in the field of information and communication technology (ICT). Both countries […]

Italy and South Korea Collaborate on Central Bank Digital Currencies

Italy and South Korea have recently signed a memorandum of understanding (MoU) to collaborate on the development and deployment of Central Bank Digital Currencies (CBDCs). The focus of this partnership is on sharing knowledge and information related to real-time settlement systems and CBDCs, particularly in the field of information and communication technology (ICT). Both countries […]

Regulator Suggests Binance Settlement Could Shape Future of Crypto Regulation

A senior U.S. regulator has suggested that the recent $4.3 billion settlement with Binance could mark a turning point in the regulation of cryptocurrency firms. The settlement, which was for violating anti-money laundering and sanctions laws, may serve as a model for the industry. CFTC Commissioner Kristin Johnson expressed her hope that this case would […]

Regulator Suggests Binance Settlement Could Shape Future of Crypto Regulation

A senior U.S. regulator has suggested that the recent $4.3 billion settlement with Binance could mark a turning point in the regulation of cryptocurrency firms. The settlement, which was for violating anti-money laundering and sanctions laws, may serve as a model for the industry. CFTC Commissioner Kristin Johnson expressed her hope that this case would […]

Lugano, Switzerland Embraces Bitcoin and Tether for Tax Payments

Lugano, a city in Switzerland, has expanded its payment options for taxes and community fees to include cryptocurrencies such as Bitcoin (BTC) and Tether’s USDT stablecoin. This new initiative allows citizens and institutions to settle invoices issued by the city using these digital currencies. Previously, crypto payments in Lugano were limited to transactions made on […]

Lugano, Switzerland Embraces Bitcoin and Tether for Tax Payments

Lugano, a city in Switzerland, has expanded its payment options for taxes and community fees to include cryptocurrencies such as Bitcoin (BTC) and Tether’s USDT stablecoin. This new initiative allows citizens and institutions to settle invoices issued by the city using these digital currencies. Previously, crypto payments in Lugano were limited to transactions made on […]

Kenyan Parliament Approves Bill to Classify Cryptocurrency as Securities and Tax Capital Gains

A bill that classifies cryptocurrency assets as securities and imposes capital gains tax on them has passed a committee in the Kenyan parliament. The Capital Markets (Amendment) Bill, 2023, has been approved by the National Assembly’s Finance and National Planning Committee. The bill aims to regulate the trading of cryptocurrencies in Kenya and prevent proceeds […]