7 Strategies to Reduce Your Crypto Taxes
- 8 months 5 days ago
- Cryptocurrencies
Nobody likes paying too much in taxes, including cryptocurrency investors. Different crypto transactions produce different tax consequences, and how long you own a digital currency usually matters. Traders, investors, and crypto users alike can benefit from strategies to minimize their crypto taxes. Keep reading to explore seven ways to do just that.
Singapore Red Cross Partners with Triple-A to Accept Cryptocurrency Donations
- 8 months 2 weeks ago
- Cryptocurrencies
Homegrown humanitarian organisation, Singapore Red Cross, has included cryptocurrency as a newly-accepted form of donation, partnering with Triple-A, the first crypto payment gateway licensed by the Monetary Authority of Singapore (MAS), ahead of Singapore’s National Day.
Worldpay Hosts Expert Panel Exploring Crypto Wallets Emerge as Gateway to Digital Assets, Crypto, and Web3
- 8 months 2 weeks ago
- Cryptocurrencies
A distinguished panel of experts gathered at the Tate Modern Museum recently to dissect the evolving landscape of digital wallets, crypto and Web3. The panel included John McNaught (Worldpay), Daniel Fogg (IOV Labs), Michael Coscetta (Paxos), Gut Hadar (Fireblocks) and Peter Stilwell (Coinbase).
UK and Singapore Agree on Collaboration Pact on FinTech and Digital Currencies
- 8 months 3 weeks ago
- Cryptocurrencies
UK and Singapore officials have agreed on a pact for collaboration on FinTech and sustainable finance, emphasising the development of digital assets and currencies as well as sustainable finance, at a meeting in London. Representatives from HM Treasury and the Monetary Authority of Singapore agreed on global regulatory standards for digital assets and crypto under the Financial Stability Board as well as international standard setters including... more
Ledgible Joins Security Token Advisors, Furthers Support of Tokenization Industry
- 8 months 3 weeks ago
- Cryptocurrencies
Ledgible, the prominent digital asset data, tax, accounting, and tokenization platform, is excited to announce its partnership with Security Token Advisors, a leading advisory firm in the security token industry. The collaboration between these two industry leaders will enhance the capabilities and offerings in the rapidly evolving field of tokenized accounting & data.
Crypto Oasis Ventures Opens New Venture Studio Office at DIFC Innovation Hub and Signs Memorandum of Understanding (MoU)
- 9 months 3 days ago
- Cryptocurrencies
Crypto Oasis Ventures the inceptor of the fastest growing Blockchain ecosystem in the world, the Crypto Oasis, has signed a Memorandum of Understanding (MoU) with Dubai International Financial Centre (DIFC), the leading financial hub in Dubai.
TaxNodes Initiative on Polygon Announces Free NFTs for Indian Taxpayers
- 9 months 5 days ago
- Cryptocurrencies
TaxNodes, a crypto tax computation and expert-assisted ITR filing platform today announced complimentary Non-Fungible Tokens (NFTs) for all eligible customers filing Income Tax Return through their platform. This announcement is an effort by TaxNodes to bring more users into the realm of Web3.0, and show gratitude to Indian taxpayers for staying compliant and filing their taxes on time using the platform.
El Salvador's Crypto Cash-in: Is the Adoption of Crypto as a National Currency on the Horizon?
- 9 months 6 days ago
- Cryptocurrencies
The case for countries adopting their own digital currencies continues to grow as cryptocurrencies surges in popularity. While regulation and integration of alternative and digital currencies are at the top of the agenda for policymakers, some countries are already making the move – the first being El Salvador.
What You Need To Know About Accounting For Non-Fungible Tokens (NFTs)
- 9 months 6 days ago
- Cryptocurrencies
Have you considered owning an NFT or adding NFTs to your inventory, but aren’t sure about the accounting? Procuring a non-fungible token (NFT) may feel daunting enough, and nobody likes complicated taxes. Getting the right guidance on accounting for NFTs is crucial before owning any of these digital assets.
Bitcoin and Ether: Cryptocurrency Derivative Sentiment on the Rise
- 9 months 1 week ago
- Cryptocurrencies
Spectrum Markets (“Spectrum”), the pan-European trading venue for securitised derivatives, has published its SERIX sentiment data for European retail investors for June, revealing retail investor sentiment towards cryptocurrencies Bitcoin and Ether has risen consistently since the index hit its lowest point in January 2023.
Bitso and Mobile Streams Come Together to Offer Sports NFTs
- 9 months 1 week ago
- Cryptocurrencies
Bitso, the leading financial services company powered by crypto in Latin America with more than 7 million customers, announced its exclusive business partnership with Mobile Streams Plc.
Crypto Investors Don’t Always Prioritize Key Metrics, New Broadridge Study Finds
- 9 months 1 week ago
- Cryptocurrencies
Despite a persistent interest in crypto assets, a majority of investors don’t prioritize the metrics experienced crypto traders tout when assessing the viability and attractiveness of crypto assets, according to a new Digital Disclosure Survey from global Fintech leader, Broadridge Financial Solutions.
Blofin Exchange Eases Access to Vietnamese Market
- 9 months 3 weeks ago
- Cryptocurrencies
Blofin, the emerging crypto exchange, is thrilled to announce its expansion into the Vietnamese market, catering to the local language and requirements. Collaborating with affiliates, start-ups, and customers, Blofin aims to enhance cryptocurrency adoption in the Vietnamese region through its advanced trading system.
Digital Asset Research Recommends Crypto Asset Vetting In Response To Heightened Regulatory Activity Globally
- 10 months 1 week ago
- Cryptocurrencies
Digital Asset Research (DAR), a specialized provider of ‘clean’ crypto data and research, today recommends asset vetting diligence as a result of increased U.S. cryptocurrency regulatory activity and the growing number of digital assets classified as a security. As institutional market participants explore digital assets, a rigorous vetting process is essential to assess asset strength and legitimacy.
