[ad_1] In the last few months, the standoff between the Central Bank of Russia (CBR) and the country’s Ministry of Finance over crypto regulation has become the key regulatory plot for the Russian crypto community to follow. Simultaneously, however, another important legislative development has been unfolding somewhat under the radar: negotiations around tax code amendments that would make cryptocurrencies a taxable asset class. Here’s how it went down so far.13%
[ad_1] Reading Time: 4 minutes Bitcoin XT was a planned hard fork, pushed in 2014 by Mike Hearn and Gavin Andresen The hard fork launched in August 2015 with an 8mb block size After finding initial success, Bitcoin XT lost user interest and was abandoned When Bitcoin split into Bitcoin and Bitcoin Cash in 2017, the cryptocurrency world was on the edge of its seat wondering what would happen. Would
[ad_1] Requests for comments on a proposal urging the Wikimedia Foundation to stop accepting donations in cryptocurrency have closed, with the majority of users voting in favor.According to a Tuesday update on the proposal, roughly 71%, or 232 out of 326, of Wikimedia contributors who responded requested that the Wikimedia Foundation — the nonprofit that hosts Wikipedia — stop accepting cryptocurrency donations. The arguments in favor of the proposition included
[ad_1] The Honduran Special Economic Zone has adopted bitcoin and other cryptocurrencies as legal tender for the Honduras Prospera. The Honduras Prospera is an economic zone established in 2020 as a means to encourage investment. Honduras Prospera has autonomy on fiscal, budgetary, and administrative issues for the economic zones. This autonomy gives it the ability to approve the use of cryptocurrencies by residents, governments, and businesses. Local, municipal, and international
[ad_1] Last week, the European Parliament’s Committee on Economic and Monetary Affairs (ECON) and the Committee on Civil Liberties, Justice and Home Affairs (LIBE) voted in favor of a regulatory update that could compromise the exchange platforms’ ability to deal with noncustodial crypto wallets. Should the regulatory project make it to the legislation phase in the upcoming months, it would place severe disclosure requirements on transactions between noncustodial wallets and
[ad_1] Whenever Elon Musk does something on Twitter, the crypto market moves in response. Publishing a tweet, changing his profile picture or adding “#Bitcoin” on his bio affects the markets — the latter even more so, sending Bitcoin (BTC) price up by 20%. This is why the community lies in anticipation of what Musk‘s Twitter investment could mean for the crypto industry.Recent filings show that Tesla CEO Elon Musk purchased
