Author: e_cash_top
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Japan’s token issuers are now exempt from corporate tax on unrealized gains
[ad_1] Japan’s National Tax Agency revised the corporate tax rules for cryptocurrency issuers earlier this week. The revised rules exempt crypto token issuers from paying corporate tax on unrealized gains for their holdings. The exemptions are applicable under two conditions, according to a local news report. Firstly, the tokens must be issued by the firm…
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Media giants appeal to overturn court decision to keep FTX user names redacted
[ad_1] A cohort of media houses filed an appeal on June 23 to overturn a bankruptcy court’s decision to redact the names of FTX users permanently. The publishing giants include Dow Jones & Company, Bloomberg, The New York Times, and the Financial Times. On-going issue FTX filed for bankruptcy in November 2022. Since then, FTX…
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The yield convergence and its implications for Bitcoin
[ad_1] The post The yield convergence and its implications for Bitcoin appeared first on CryptoSlate. [ad_2] Source link
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Potential consequences of implementing universal basic income
[ad_1] Universal Basic Income (UBI) is often touted as the panacea for freedom and happiness – more so in modern times since advancements in Artificial Intelligence (AI) demonstrate a credible threat to jobs. U.K. anti-poverty charity the Joesph Rowntree Foundation stated that regular cash payment, regardless of income, existing wealth, or other conditions, could help…
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Celsius investors allege Wintermute took part in wash trading, price manipulation
[ad_1] Plaintiffs in a class action lawsuit have accused one of Celsius’s market makers of market manipulation, Bloomberg reported on June 23. Wintermute accused of wash trading Former Celsius investors said that Wintermute engaged in wash trading to make it appear that Celsius had higher trading volumes than it did in reality. The case text…
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VeChain pumps 11% on being added to Coinbase’s listing roadmap
[ad_1] On June 23, the price of VeChain (VET) spiked to a high of $0.01899, marking a 16-day high. Coinbase tweeted on June 22 that it had added VeChain, and its gas token, VeThor, to its new asset listing roadmap. However, the platform has not yet provided details on when they will be available for…
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Coinbase adds support for USDC on Stellar
[ad_1] Coinbase has added support for USD Coin (USDC) on Stellar, the Stellar Development Foundation (SDF) said on June 23. That announcement indicates that Coinbase will allow both withdrawals and deposits of Circle’s stablecoin via the Stellar network. SDF said that Coinbase’s support for USDC on Stellar will allow for faster and less expensive transactions.…
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Belgium’s chief financial regulator orders Binance to cease Belgian services
[ad_1] Belgium’s Financial Services and Markets Authority (FSMA) has demanded an immediate halt of all cryptocurrency services offered by Binance, the global cryptocurrency exchange and blockchain platform. According to a statement released by the FSMA on June 23, the order comes after the FSMA raised concerns over Binance’s offerings of exchange services between virtual and…
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JP Morgan starts offering euro transfers with JPM Coin payment system
[ad_1] What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…
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Senator Cynthia Lummis criticizes SEC’s action against Coinbase, says lawmakers are working on crypto regulation bill
[ad_1] U.S. Senator Cynthia Lummis said the SEC’s recent action against cryptocurrency exchange Coinbase despite its attempts to comply with regulators, “is not the right way to do business in America.” The Wyoming senator made the statement during an interview with Yahoo Finance on June 22. She said: “I’m scratching my head about why they…