Japan’s finance regulator calls for lower crypto taxes in 2025
Japan’s Financial Services Agency has released plans to overhaul the nation’s tax code, which could lower the tax rate on crypto assets in 2025.
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Do Kwon could serve prison in both US and South Korea, prosecutor says
Terraform Labs co-founder and CEO Do Kwon may be subject to multiple sentences in the United States and South Korea, according to a senior South Korean prosecutor heading the investigation.It is understood that Kwon is currently serving house bail in Montenegro, after having his bail proposal granted by a Montenegro court on June 5. Both Kwon and Terraform…
Ethereum still not ready for DeFi, say some critics
Ethereum needs to fix its problems. 581 Total views 15 Total shares As DeFi projects flock to Ethereum, experts warn the network is not yet ready to support the frenzy.Martin Froehler, a mathematician, former hedge fund manager, and founder of Austrian crypto trading platform Morpher, told Cointelegraph that although Ethereum is the “best thing [the…
Bancor releases no-liquidation lending with Vortex as AMMs continue diversification
Automated market maker exchange Bancor has rolled out a new mechanism that allows users to increase their capital efficiency while providing liquidity in its pools.Called Vortex, the solution allows users providing liquidity in BNT, Bancor’s utility token, to borrow funds while continuing to obtain yield from swap fees.The Vortex mechanism reworks the existing mechanism of…
Approach with caution: US banking regulator’s crypto warning
The Office of the Comptroller of the Currency (OCC) said the digital asset industry was maturing but was “not yet robust” in its risk management. 547 Total views 2 Total shares Own this piece of crypto history Collect this article as NFTA United States banking industry regulator warned banks of the “emerging risks” of cryptocurrencies…
Major Austrian Bank Raiffeisen Joins R3 Corda-Powered Global Trade Finance Network
Austria’s Raiffeisen Bank International (RBI) has announced it will pilot R3’s Marco Polo blockchain network for trade finance, according to a press release shared with Cointelegraph on May 8.As previously reported, Marco Polo — which is powered by R3’s Corda enterprise blockchain platform — counts major international banks such as BNP Paribas, ING and Sumitomo…
Bitcoin reaches $30K — Is this the start of the next bull run?
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses Bitcoin’s rise to $30,000. 976 Total views 2 Total shares Own this piece of history Collect this article as an NFTThis week on The Market Report, Cointelegraph analyst and writer Marcel Pechman discusses Bitcoin (BTC) breaking through the $30,000 mark, setting a new…
How to use credit cards wisely to avoid debt
Credit cards may be excellent financial instruments if used responsibly. However, many individuals fall into the trap of collecting excessive debt due to careless credit card usage. This article will cover numerous tactics and best practices to help you use credit cards sensibly, avoid debt and maintain a healthy financial lifestyle.Understanding credit cards Credit cards operate…
Bitwise launches NFT index fund for accredited investors
Accredited investors can now invest in some of the world's most valuable nonfungible tokens and art collections through the Bitwise Blue-Chip NFT Index Fund. 504 Total views 15 Total shares In an effort to democratize access to nonfungible tokens, art collections and other digital assets of value for the masses, Bitwise Asset Management launched its new…