Business

Italy to introduce 26% capital gains tax on digital asset profits
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5 December, 2022

Italy to introduce 26% capital gains tax on digital asset profits

Taxpayers can be subject to a lesser 14% rate if they declare the value of their digital assets as of...
Not cool: Salvadorans scammed millions via ‘Chivo’ BTC wallet
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5 December, 2022

Not cool: Salvadorans scammed millions via ‘Chivo’ BTC wallet

El Salvador accumulated losses of up to $24 million of taxpayers' monies tied to the failure of the BTC digital...
South Korea: Arrest warrant for former Terraform Labs employees dismissed
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5 December, 2022

South Korea: Arrest warrant for former Terraform Labs employees dismissed

A court in South Korea dismissed the arrest warrants against former Terraform Labs workers, comprising four engineers and three early-stage...
We support digital assets, not ‘crypto,’ Nigeria’s SEC says
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5 December, 2022

We support digital assets, not ‘crypto,’ Nigeria’s SEC says

The securities regulator says it will not include ‘crypto’ in its regulatory framework until it’s better regulated, despite Nigeria being...
Australia: Scammers luring digital asset owners with fake paper wallets
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4 December, 2022

Australia: Scammers luring digital asset owners with fake paper wallets

The paper wallets show they have up to $10,000 in digital assets, but require the “lucky recipient” to first send...
Reserve Bank of India launches country’s first retail CBDC pilot
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4 December, 2022

Reserve Bank of India launches country’s first retail CBDC pilot

Thirteen cities will be covered during the pilot, but at the start date, only Mumbai, New Delhi, Bengaluru, and Bhubaneswar...
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