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 […]
The city of Lugano in Switzerland has announced that it will now accept Bitcoin and Tether as a means of payment for taxes and other community fees. This move is part of Lugano’s Plan B, a collaborative effort with Tether to transform the city’s financial system using Bitcoin technology. Lugano residents can pay their invoices […]
The city of Lugano in Switzerland has announced that it will now accept Bitcoin and Tether as a means of payment for taxes and other community fees. This move is part of Lugano’s Plan B, a collaborative effort with Tether to transform the city’s financial system using Bitcoin technology. Lugano residents can pay their invoices […]
A bill has been approved by the National Assembly’s Finance and National Planning Committee in Kenya, which defines crypto assets as securities and imposes capital gains tax on them. The bill aims to regulate the trading of cryptocurrencies in the country and prevent proceeds of crime and terrorism financing. If passed, Kenyans will be required […]
A bill has been approved by the National Assembly’s Finance and National Planning Committee in Kenya, which defines crypto assets as securities and imposes capital gains tax on them. The bill aims to regulate the trading of cryptocurrencies in the country and prevent proceeds of crime and terrorism financing. If passed, Kenyans will be required […]
The city of Lugano in Switzerland is expanding its payment options for all municipal bills by accepting Bitcoin (BTC) and Tether (USDT) as legal tender. This move solidifies Bitcoin’s status as a recognized form of payment in the city. The goal of introducing these new payment methods is to promote innovative developments in the payment […]
The city of Lugano in Switzerland is expanding its payment options for all municipal bills by accepting Bitcoin (BTC) and Tether (USDT) as legal tender. This move solidifies Bitcoin’s status as a recognized form of payment in the city. The goal of introducing these new payment methods is to promote innovative developments in the payment […]
Last week, tax authorities in the United Kingdom, Spain, and Brazil made announcements regarding the taxation of cryptocurrency holdings. In the UK, HMRC demanded that hodlers declare any previously unreported crypto holdings and reminded taxpayers of the daily interest charged on late payments. Spanish citizens were reminded of their obligation to declare crypto, even if […]
Last week, tax authorities in the United Kingdom, Spain, and Brazil made announcements regarding the taxation of cryptocurrency holdings. In the UK, HMRC demanded that hodlers declare any previously unreported crypto holdings and reminded taxpayers of the daily interest charged on late payments. Spanish citizens were reminded of their obligation to declare crypto, even if […]
El Salvador’s Bitcoin wallet has defied expectations by not only recovering from previous losses but also experiencing significant gains. President Nayib Bukele has called out critics, urging them to retract their disparaging remarks and acknowledge the success of the nation’s crypto strategy. Bitcoin’s journey has been volatile, with its value initially rising before a decline […]
