Australia to Focus on Crypto Taxation This Year
The Australian Taxation Office (ATO) announced Monday that it will focus on digital assets this year as it expects to see more Aussies report capital gains or losses in their…
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Portugal to Begin Taxing Cryptocurrencies, says Finance Minister
Portugal’s Finance Minister Fernando Medina has confirmed plans to apply capital gains taxes on cryptocurrency profits. Though he has not committed to a specific date, he stressed that there can…
El Salvador Invites Over 40 Central Banks for International Event on Bitcoin
After buying the dip and adding 500 BTCs to the state coffer, El Salvador President Nayib Bukele has another surprise up his sleeves. The country is organizing an international conference…
Indian Regulator Makes it Harder for Celebrities to Endorse Crypto
Indian regulators are making the rulebook tough for celebrity endorsement of crypto products. The Securities and Exchange Board of India (SEBI) has advised prominent public personalities, including celebrities and sportsmen,…
Grayscale to List a Crypto ETF in Europe (Report)
The world’s largest digital asset manager – Grayscale – will reportedly launch an exchange-traded fund in Europe. The product, tracking the “Bloomberg Grayscale Future of Finance Index,” will go live…
Luna Foundation Guard Breaks the Silence and Reveals How Much Was Spent to Defend UST’s Peg
The Luna Foundation Guard (LFG) finally broke the silence and revealed exactly how much they spent to defend the UST peg throughout the events of last week. As CryptoPotato reported, UST –…
FTX CEO Thinks Bitcoin Has No Future as a Payment System
Sam Bankman-Fried – Chief Executive Officer of the crypto exchange FTX – argued that bitcoin will not emerge as a global payment network. He labeled it inefficient and harmful to…
British Crypto Investors Can Now Offset Losses With Future Gains for Tax: Report
Though Bitcoin touched the 30,000 level after days of violent dumps befalling the crypto market, a large portion of investors have since then remained underwater. The recent market selloff led…
DeFi Lending Sector Sees Investor Exodus Amid Market Meltdown
Industry analytics firm DappRadar has just released a report on the situation, and it doesn’t look pretty. On May 13, the firm reported that DeFi’s total value locked (TVL) is…
Polkadex Locks in Polkadot Parachain Slot by Allocating Nearly 1 Million DOT
Since the 21st of November 2021, the team at Polkadot has conducted regular DOT-based auctions for one of the coveted slots in their parachain network. There are plans for 100…
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