12 / 29 Relevant items tagged with #DigitalAssets

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Bitcoin Giant Moves 777.91 Bitcoins Worth $52M After 7 Years

[Jul 30, 2024 2:30 AM] Following the activation of a dormant bitcoin address from 2017, which transferred 210 bitcoins at block height 854,501, another inactive wallet created on April 9, 2017, moved 777.91 BTC worth over $52 million roughly 35 blocks later. Notably, the…

Vaneck Predicts Bitcoin Could Reach $2.9 Million by 2050

[Jul 29, 2024 12:30 AM] Asset management firm Vaneck released a report projecting bitcoin could reach $2.9 million per coin by 2050, becoming a global medium of exchange and reserve currency. The report suggests bitcoin could settle 10% of global international trade and…

FINMA Warns Stablecoins Threaten Swiss Financial Reputation

[Jul 27, 2024 8:40 PM] The Swiss regulator, the Financial Market Supervisory Authority (FINMA), recently published guidance on the issuance of stablecoins. The regulator says stablecoins are not only associated with money laundering risks but pose reputational risks for…

India Maintains Crypto Tax Regulations in 2024/25 Budget

[Jul 23, 2024 9:16 AM] Indian Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget keeps the existing cryptocurrency tax regulations unchanged, disappointing local crypto advocates. They argue that reducing the 1% tax deducted at source (TDS) is essential for…

Kamala Harris Urged to Embrace Digital Assets

[Jul 23, 2024 5:17 AM] The Digital Chamber, a crypto advocacy group, has called on U.S. Vice President Kamala Harris to support the digital asset industry with three requests. The group urged her to promote pro-digital asset language in the Democratic Party’s…

Greek gov't to impose crypto taxes starting 2025

[Jul 18, 2024 6:58 AM] Currently gains on crypto profits are going untaxed and unrecognized by the Greek government - but not for long as regulators are seeking new taxes on the industry early next year.

Bitcoin and Ether lead $17.8B crypto inflows

[Jul 15, 2024 3:59 AM] Bitcoin saw its fifth-largest week of inflows on record, helping it recapture the $60,000 mark, while Ether inflows took second place in anticipation of the US Ether ETFs.