Tuesday, June 28, 2022

Austria to Tax Crypto Like Stocks and Bonds: Report

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Austria’s Federal Ministry of Finance hopes to boost confidence in cryptocurrencies by taxing them like mainstream stock and bond investments, according to a Bloomberg story.Starting next March, Austria is planning to apply a...

OpenSea Exec Who Quit After ‘Insider Trading’ Scandal Is Back With NFT Platform

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Two pitch decks seen by CoinDesk show that OpenSea’s former head of product, Nate Chastain, is building a platform to simplify the NFT discovery process. Source link

Hungary’s Central Bank Head Calls on EU to Ban Crypto Mining and Trading

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The governor of the Hungarian National Bank said he agreed with the Russian central bank’s earlier proposal to ban crypto activities. Source link

Sweden Casts Around for Potential E-Krona Suppliers

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The country's central bank says it wants to understand the technical options before it takes the plunge to issue any new CBDC. Source link

Bit Digital Migrates All of Its Bitcoin Mining Out of China Amid Ban

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Bit Digital said that it owned 27,744 mining rigs with a total hash rate of 1.6 exahash per second (EH/S), as of Sept. 30. This was a decline from 32,500 miners and 1.915...

Bitcoin Decouples from Stocks Ahead of Seasonally Weak March

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Historically, March tends to be a difficult month for bitcoin and equities. Analysts expect macroeconomic and geopolitical risks to linger, which could cause short-term volatility. At a later point, price action could stabilize...

Monero’s XMR, Zcash’s ZEC Jump as Privacy Coins Gain Favor

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Crypto exchanges blocking known addresses might be spurring demand for privacy-oriented cryptocurrencies, one analyst said. Source link

S. Korea’s SK Square Will Spend $1.6B on Semiconductors, Blockchain

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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set...

Coinbase to Label Some Assets as ‘Experimental’ In Bid to Boost Transparency

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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set...

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