Ohio to consider accepting crypto for tax payments and fees

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekHawkish Fed comments push Bitcoin price and stocks lower againThe crypto markets…

Traders tuck their tails as this week’s CPI print approaches and BTC and ETH price fall back into range to test underlying support. 1181 Total views 8 Total shares Crypto and equities markets took a bit of a tumble on Aug. 9 as traders grew a bit skittish ahead of tomorrow’s Consumer Price Index (CPI)…

The 26% capital gains tax will be imposed on cryptocurrency trading profits larger than 2000 euros ($2,062.3). Own this piece of crypto history Collect this article as NFTItaly is planning to tighten regulations on digital currencies by expanding its tax laws to include cryptocurrency trading in 2023, according to budget documentation released on Dec. 1.Included in…

Following the successful Ethereum Istanbul hard fork update, several popular exchanges have announced their official support for the network upgrade.Yesterday, on Dec. 7, the Ethereum’s network saw ample collaboration between node operators and miners to update the software to support the Istanbul hard fork.Some crypto exchanges even sounded their willingness to update a few days…

The act aims to explicitly forbid U.S. government officials from engaging in transactions with iFinex, the parent company of USDT issuer Tether. 862 Total views 3 Total shares United States Representatives Zach Nunn and Abigail Spanberger have jointly introduced the Creating Legal Accountability for Rogue Innovators and Technology Act of 2023, or the CLARITY Act

Decentralized finance “may prove difficult to subject to regulatory requirements,” a regulatory adviser says. The European Commission’s newly proposed cryptocurrency regulations pose a specific risk for the decentralized finance (DeFi) industry, according to industry regulatory adviser XReg Consulting.Adopted by the European Commission on Sept. 24, the proposed Markets in Crypto-Assets (MiCA) regulations aim to strengthen consumer…

“There is not good evidence that unhosted wallets present a disproportionate risk of being used in illicit finance,” said the Treasury update. 587 Total views 6 Total shares The government of the United Kingdom said it intends to modify a proposal that would have required crypto firms to collect personal data from individuals holding unhosted…

Bitcoin (BTC) continues to lose ground in December, a signal that traders may be locking in their gains before the end of the year. The lack of a Santa rally in the U.S. equity markets indicates that the risk-off sentiment prevails due to the uncertainty regarding the spread of the COVID-19 Omicron variant in several…