Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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IMF chief economist calls for global policy on cryptocurrency
The economist's remarks come as nations around the world consider how to control cryptocurrencies. 546 Total views 28 Total shares Gita Gopinath, the chief economist of the International Monetary Fund (IMF), has called for a global policy to be put in place that will regulate cryptocurrency, instead of banning it.Pitching for a global policy, Gopinath,…
India to reduce GST paid on cryptocurrency exchanges from 18% to 1% through regulatory reclassification
Despite the growing popularity of cryptocurrencies in India, lawmakers remain deeply divided on implementing a proper regulatory framework. 661 Total views 12 Total shares According to a report from CNBC TV18 India, the nation's government plans to reclassify cryptocurrency exchanges as e-commerce platforms, which will reduce the Goods and Services Taxes (GST) users must pay…
Australia’s confusing new crypto tax guidance is ‘toilet paper,’ says law firm
“I am actively telling people they are best ignoring it,” Cadena Legal’s founder tells Cointelegraph after controversial new tax guidance on DeFi was released in November. 129 Total views 3 Total shares Australia's controversial new guidelines for cryptocurrency taxation should be ignored for being unclear and should probably be seen as “toilet paper,” according to
Industry experts weigh in on SEC hiring more crypto cops
The United States Securities and Exchange Commission (SEC) is seeking to hire more people to focus on digital assets, raising the number of personnel charged with safeguarding investors in cryptocurrency markets almost twofold.The SEC's Cyber Unit, which comprises the Crypto Assets and Cyber team, is expected to hire 20 new people to increase the overall…
Hyperbitcoinization coming, says Bitcoin OG as ‘wholecoiners’ hit 1 million
Bitcoin (BTC) has crossed a significant threshold this month — and while it does not involve price, it does involve “millions.”Data from on-chain analytics firm Glassnode confirms that as of May 18, there are over one million addresses which hold at least 1 BTC.Back: Adoption trend lays path to "hyperbitcoinization"It was a long time coming…
Mike Novogratz Says That Investors Have Lost Confidence in Bitcoin
As after any major Bitcoin (BTC) crash, analysts are now arguing over what could potentially have been the cause. But this time, the answer is simple, at least according to noted Bitcoin bull and Galaxy Digital CEO Mike Novogratz. In a tweet on March 13, Novogratz said:“[Bitcoin] was always a confidence game. All crypto is. And…
Germany has 9K Bitcoin left just 3 weeks after it started selling
Germany’s Bitcoin stack briefly dipped below 5,000 BTC after sending a mass of funds to Coinbase, Bitstamp, and Kraken but has since moved some back.
OSCE Sponsors Cryptocurrency Course for Central Asia Law Enforcement
The Organization for Security and Cooperation in Europe (OSCE) conducted a training course on combating darkweb-facilitated crime. Law enforcement representatives from Central Asian countries were taught how the darkweb and cryptocurrencies function, in order to better combat drug-related crime.The training was held in the span of five days that ended on Feb. 21, an official…