Japan set to ease 30% crypto tax on paper profits for token issuers
As it stands, Japanese crypto issuers are required to pay a set 30% corporate tax rate on their holdings, even if they haven’t realized a profit through a sale.
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New House Financial Services Committee chair wants to delay crypto tax changes
U.S. Republican Representative Patrick McHenry called for clarification on a “poorly” written digital asset tax provision in a letter to the Treasury.
CryptoQuant verifies Binance's reserves, reports no ‘FTX-like’ behavior
Binance has faced a FUD-storm this week but a new CryptoQuant audit has verified its proof of reserves.
FTX wants permission to sell FTX Japan and FTX Europe as well as LedgerX
The four businesses FTX wants to sell had only recently been acquired, and lawyers argue this simplifies the sale process.
Community baffled by Trump's bizarre ‘SimpDAO’ NFT collection
Even conservatives and MAGA supporters are not pleased with Trump, as they were hanging on for a more serious announcement from the former president.
SBF reportedly files new bail application in the Bahamas Supreme Court
Bahamas media reports that Sam Bankman-Fried lodged a new bid for bail just two days after a judge denied his previous application and called the FTX founder a flight risk.
Finder.com sued by Australian regulator over its crypto yield product
ASIC claims a crypto yield-bearing product from Finder’s registered exchange was unlicensed; the firm disagrees but has declined to say if it will fight the suit.
Stock price for troubled Bitcoin miner Core Scientific surges 200%
After a flurry of bad news throughout 2022, the miner has been offered a lifeline which could enable it to see out the current Crypto Winter.
Stellar partners with UNHCR to give Ukrainian refugees cash via USDC
One new project attempts to help bankless Ukrainian refugees, while another hopes to streamline international Red Cross projects.
Crypto.com continues its worldwide registration push with Brazilian EMI license
The cryptocurrency exchange has offered a crypto/fiat Visa card in Brazil since last year and is expanding rapidly on international markets.
Researchers use zero-knowledge to address privacy, AML concerns in stablecoins
Organizations led by German fintech etonec designed a system that takes advantage of zk-SNARK to provide untraceable transactions within regulatory limits.
The VC-dominated crypto funding model needs a reboot
Venture capital firms have a tendency to dump tokens and collapse prices. Community-based funding models could fix the problem.
Aztec Network secures $100 million in Series B funding led by a16z
With the funds, Aztec Network plans to hire more engineers and build a new encrypted blockchain.
SBF's legal battle still has "a lot to play out," according to legal commentators
Sam Bankman-Fried faces eight accusations and could get 115 years in jail, but a final sentence could take months or even years.
'Big Time' and other Web3 games take home the gold at the inaugural GAM3 awards
The 16 prize winners will share over $1M worth of prizes sponsored by companies such as Immutable X, Blockchain Game Alliance, Machinations, and many more.
Jewel Bank, Polygon to launch Bermuda's first USD-backed stablecoin
The JUSD stablecoin will allow real-time settlements for institutional investors in the territory.
Bitcoin Santa Claus rally unlikely, according to on-chain and derivatives data
Data suggests that BTC’s rally to $18,300 is the only Santa Claus rally Bitcoin will see before the year ends.
New York State issues guidance for banks seeking to engage in activities with crypto
The state, a notoriously demanding regulator of the industry, has released detailed guidelines for banks’ applications; some licensed banks may have to play catchup.
Amber Group acquires cryptocurrency platform Sparrow exchange: report
The news comes after Amber Group reportedly pulled back expansion plans due to financial exposure in the FTX collapse.
US Trustee names Wintermute on creditor committee in FTX bankruptcy case
The committee would play a role in representing creditors who lost funds or were otherwise affected by the downfall of FTX, reported to be one million people.
How hard has this bear market been for Bitcoin mining? Watch Market Talks on Cointelegraph
Join us as we discuss the current state of the crypto market, particularly in terms of the current bear market and Bitcoin mining. Hosting the show will be Ray Salmond, head of markets at Cointelegraph, and our special guest this week is Drew Vosk.
Family-friendly NFTs bring the next generation of youth into Web3
As Web3 tools and features become integrated into many known Web2 communities, creating NFTs that are family-friendly becomes a need in the space.
Coinbase launches tool to recover 'mistakenly sent' ERC-20 tokens
“Our recovery tool is able to move unsupported assets directly from your inbound address to your self-custodial wallet without exposing private keys at any point,” said Coinbase.
Project alleges unreturned listing deposit as Binance announces delistings
Users initially panned Mithril’s return-of-deposit allegation until an original Binance listing document came to light that raised further questions.
NFTs and Soulbound tokens define Web3 filmmaking, says director
As various mainstream industries adopt Web3 tools, the world of filmmaking can take a lesson from the offerings of NFTs and the newly appeared soulbound tokens to define a new age of cinema.
BTC price levels to watch as Bitcoin dives below $17.5K post-FOMC
Bitcoin is rapidly taking out near-term support levels as an FOMC comedown sees BTC price grab liquidity.
Blockchain indexer The Graph says adoption is still strong 2 years after mainnet launch
More than 10,000 delegators have since joined the blockchain indexing network.
Hong Kong crypto futures ETFs raise over $70M ahead of debut
The CSOP Bitcoin Futures ETF has raked in $53.8 million while the CSOP Ether Futures ETF has collected $19.7 million in initial investments.
Microsoft bans cryptocurrency mining on cloud services
Microsoft now requires users to obtain a written pre-approval from the firm in order to use Microsoft Azure for mining cryptocurrencies like Bitcoin.