Italy scales back plans to hike crypto tax rate: Report

Update April 9, 1:38 pm UTC: This article has been updated to include the latest developments on US import tariffs. The global trade war may be a silver lining for Bitcoin’s growing recognition as a safe-haven asset next to gold, thanks to its liquidity and accessibility advantages compared with precious metals. Financial markets have been

It's a question of "if," not "when" for Bitcoin to see a supply shock which squeeze price action upwards, one analyst forecasts. 2100 Total views 25 Total shares Bitcoin (BTC) preserved a higher low overnight on Sept. 14 in what one analyst believes may lead to sustained recovery.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst: Time…

The European Commission’s selection of Iota’s Web3 ID solution highlights the solution’s potential to revolutionize KYC processes using distributed ledger technology and tokenization on a mass scale.

Racing league Formula One is positioning its brand in Web3 as it files trademark applications for "F1" covering crypto and NFTs. 267 Total views 9 Total shares

The new blockchain-based system will replace the existing CHESS system The Australian Securities Exchange will delay its blockchain-based CHESS replacement after huge trading volumes due to the pandemic required a massive expansion of capacity. The DLT- based system had been scheduled for official trials in December, with a planned launch window of early 2022.At its…

The company behind The Sandbox continues to attract sizable investments as it eyes new acquisitions in the play-to-earn and metaverse sectors. 60 Total views 1 Total shares Blockchain gaming and venture studio Animoca Brands has closed another strategic funding round, giving the company additional resources to expand its acquisition targets in the metaverse sector. The company…

The decentralized finance (DeFi) landscape is rapidly changing day after day. On Sept. 1, UMA overtook yearn.finance as the biggest “DeFi” protocol on Ethereum with a $1.3 billion market cap.Data from CoinMarketCap shows six DeFi projects are now above $500 million in valuation. The six projects are UMA, yearn.finance, Aave, Maker, Synthetix and Compound.DeFi tokens…

Cryptocurrency exchanges have an important role in driving adoption around the world, but even the biggest operations face significant challenges when trying to expand their services. The advent of Bitcoin (BTC) and the subsequent development and launch of numerous other cryptocurrencies have changed the way people look at transacting across the world. Dependency on traditional…