US lawmakers propose adding digital assets to ‘wash sale’ rule and raising capital gains tax

The Federal Customs Service of the Russian Federation stopped the illegal import of four crypto mining devices from Mongolia into Russia.Crypto mining equipment confiscatedOn Oct. 1 Coinspot reported that a Mongolian citizen was trying to smuggle the mining devices with fans and connected microcircuits across the Russia-Mongolia border into Russian territory.The custom services explained that the…

Latin America’s biggest investment bank, BTG Pactual, plans to shift its security token offerings (STOs), a pipeline of over $1 billion in sales, onto the Tezos blockchain. The announcement appeared in a joint press release published on Tezos Foundation’s website on July 3.The new initiative is a collaboration between BTG Pactual and Dubai-based asset manager…

As payment methods continue to evolve, new innovations are improving financial infrastructures that have been in use for years. Currently, central bank digital currencies (CBDCs) are a topic that has grabbed the attention of many nations worldwide including the Islamic Republic of Iran.The Middle Eastern nation has faced considerable economic and financial hardships due to…

The new integration enables the direct conversion of UAE dirhams into Bitcoin and Ether using M2’s spot market.

Bitcoin (BTC) is reverting to its historical 90%+ market dominance at altcoins’ expense, one of the industry’s best-known figures has declared.Back: Bitcoin will hit 90% dominance againIn a Twitter debate with Primitive Fund co-founder Dovey Wan on Sept. 9, Blockstream CEO Adam Back said altcoins’ previous supremacy was a temporary feature of the cryptocurrency space. Wan…

ETH price has declined 10% since the approval of spot Ethereum ETFs, with open interest depreciating by over $250 million over the past 24 hours.

The Google-backed AI developer Anthropic raised $100 million in funding from South Korean telecommunications giant SK Telecom to bolster industry. 208 Total views 2 Total shares Artificial intelligence (AI) developer Anthropic announced on Aug. 13 that it is receiving an additional $100 million in investment from the South Korean telecommunications giant SK Telecom. According to the…