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” Germany outlines favorable tax guidelines, gains on BTC and ETH sold after a year tax-free “ The Federal Ministry of Finance (BaFin) published a 24-page document on Tuesday outlining clear income tax rules for cryptocurrency and virtual assets. Tax practitioners, businesses and individual taxpayers now have clear direction on the tax requirements for acquiring, trading…
” Madonna’s nude NFT launch triggers a mix of emotions from the community “ The queen of pop has collaborated with record-setting artist Beeple to create a series called Mother of Creation, which includes three nonfungible tokens (NFTs) titled Mother of Technology, Mother of Nature and Mother of Evolution. The NFTs show a 3D likeness…
” Industry experts weigh in on SEC hiring more crypto cops “ The United States Securities and Exchange Commission (SEC) is seeking to hire more people to focus on digital assets, raising the number of personnel charged with safeguarding investors in cryptocurrency markets almost twofold. The SEC’s Cyber Unit, which comprises the Crypto Assets and…
” Michael Saylor assuages investors after market slumps hurts MSTR, BTC “ MicroStrategy’s CEO and Bitcoin proponent Michael Saylor is confident his firm’s BTC holdings will more than cover a potential margin call on Bitcoin-backed loans. The American business intelligence and software giant made headlines in 2021 with a number of major investments into Bitcoin….
“Apple is officially discontinuing the iPod” The iPod touch will be available “while supplies last.” Kanye West with an iPod in 2005. Photo by Bryan Bedder/Getty Images The iPod is dead, long live the iPod. Apple has announced that the company will no longer produce the foundational portable music device more than 20 years…
” Royal Museum of Fine Arts Antwerp tokenizes million-euro classic masterpiece “ According to blockchain digitization provider Tokeny, on Monday, the Royal Museum of Fine Arts Antwerp (KMSKA) became the first European museum to tokenize investment in fine art, starting with Belgian painter James Ensor’s (1860–1949) painting, “Carnaval de Binche.” Investors can obtain fractional ownership of…
” Compound Treasury receives B- credit rating from S&P Global Ratings “ On Monday, decentralized finance, or DeFi, protocol Compound Treasury announced that it received a credit rating of B- from S&P Global Ratings. As told by the team at Compound, this represents the first time a major credit agency has issued a rating for…
” Plain talk about NFTs: What they have been and what they are becoming “ There’s been a tremendous amount of hype and misinformation about nonfungible tokens (NFTs) since they appeared on the scene in 2014, particularly since the total market for them passed $24 billion. You can’t open a news feed without an article…
” The United States turns its attention to stablecoin regulation “ The United States continues to be a global leader in embracing the cryptocurrency industry thanks to the work of Sen. Patrick Toomey, with the White House being at the forefront of crypto regulation. Last year, President Joe Biden signed a $1.2 trillion bipartisan infrastructure…
” How to avoid front runners on decentralized crypto exchanges “ Decentralized exchanges (DEXs) nip in the bud several issues concerning their centralized counterparts such as concentration of liquidity in the hands of a few players, compromise of funds in case of a security breach, closed control structure and more. One issue, however, that has…