UK Enforces Crypto Tax Break for Foreigners Using Local Brokers
The measures now in effect are part of the government’s plans to turn the country into a crypto hub.
Read MoreWhat Will It Take for Bitcoin Mining Companies to Survive in 2023?
Some miners have held onto the bitcoin they mined, opting instead to finance operations with debt and other capital, which works really well – until it doesn’t.
Read MoreTax-Loss Harvesting Platform Unsellable is Building ‘The World’s Largest Collection of Worthless NFTs
The platform has so far purchased over 7,700 no-longer valuable NFTs that previous owners can count as losses to reduce taxable capital gains.
Read MoreItalian Parliament Approves 26% Crypto-Gains Tax in 2023 Budget
Italian Prime Minister Giorgia Meloni’s new bill also includes an incentive for those declaring crypto for tax purposes.
Read MoreFTX’s International Customers Lawyer Up, Ask Judge to Rule That Customer Assets Aren’t Property of FTX Estate
Lawyers representing FTX.com’s non-US customers have joined the bankruptcy fray, filing a motion on Wednesday asking a Delaware judge to rule that customer assets locked in the collapsed exchange are
Read More5 Lessons From 2022 That Changed Crypto Forever
Yes, this is that classic newsroom fallback for staff-depleted holiday periods: the year-in-review listicle. But whereas in other years that might seem a little dull, a cop-out even, this one
Read MoreNFT Market Will Bounce Back With Lower Interest Rates, Digital Artist Says
NFT artist Ovie Faruq, also known as OSF, says the hybrid asset will bounce back in time but the Federal Reserve will need to lower interest rates.
Read MoreBlackRock Gives Bankrupt Bitcoin Miner Core Scientific New $17M Loan
BlackRock, which already was largest shareholder of the miner, also had $37.9 million secured convertible notes with Core.
Read MoreWeb3 Is Being Used to Preserve History Threatened by Wars
Theresa Kennedy, Black History DAO Founder, says using blockchain technology eliminates the need of a centralized storage facility.
Read MoreFTX, Congress, Stablecoins: What 2023 May Bring for Crypto Regulations
Can you believe this year started off with U.S. law enforcement officials arresting two individuals in connection with the 2016 Bitfinex hacked funds? For this week’s newsletter, the 102nd since
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