DIGITAL ASSETS

Nov 09 2024FINANCE

Bitcoin and NFTs: EU's VAT Challenge in the Digital Era

Did you know that trading Bitcoins in the EU doesn't involve VAT? The EU Court set this rule back in 2015 with the "Skatteverket v. David Hedqvist" case. The decision sparked from a Swedish citizen, David Hedqvist, who queried the Swedish Tax Authority about Bitcoin trades. The ruling considers such

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Nov 06 2024CRYPTO

Passing On Crypto: A New Approach

Have you ever thought about what happens to your crypto when you're gone? It’s a tricky subject because you can’t just take someone’s digital assets without confirmation that they’ve passed away. This is where the Tales From the Crypt Protocol comes in. It keeps things secure by ensuring privacy unt

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Oct 07 2024FINANCE

Crypto Taxes: The US Treasury Tightens Rules for Traders

Are you a crypto trader? The US government is about to make your life a little different. The Treasury Department and IRS have rolled out new rules that will change how cryptocurrency exchanges operate, especially when it comes to taxes. From now on, if you use a centralized exchange like Coinbase,

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Oct 07 2024FINANCE

Crypto Tax Rules Are Here: What Investors Need to Know

The IRS has finally released their long-awaited tax reporting guidelines for digital assets. This means crypto investors need to get ready, as changes are coming soon. Starting in 2026, brokers will have to report gross proceeds from sales made in 2025 using a new form called 1099-DA. A year later,

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Sep 16 2024FINANCE

Will the Crypto Market Survive a Recession?

Recession Fears Sink Crypto Market, But Is It Just a Blip on the Radar? The crypto market has taken a tumble, with Bitcoin and US cryptocurrency-related shares plummeting in value. But is this a sign of impending doom or just a normal correction in an otherwise volatile market? To answer this quest

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Sep 16 2024BUSINESS

Crypto-Backed Super PACs Make a Big Splash in Politics

The world of cryptocurrency has made a significant impact on the political scene, with crypto-backed super political action committees (PACs) making their first battleground Senate endorsements in the general election. These PACs, led by Fairshake, Defend American Jobs, and Protect Progress, have ra

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Sep 16 2024FINANCE

Russia's Cryptocurrency U-Turn: A Potential Lifeline Amid Sanctions?

Russia's relationship with cryptocurrency has been tumultuous, to say the least. Just a few years ago, the country was considering a blanket ban on digital assets. But, as a result of Western sanctions and payment difficulties, Russia is now looking to cryptocurrency as a potential solution. As Sept

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Sep 16 2024FINANCE

The Crypto President strikes again: Trump's NFTs are a glimpse into his delusional world of cryptocurrency and status symbols

The art of NFTs (non-fungible tokens) has always been a way for people to showcase their status, uniqueness, and exclusivity. Donald Trump, the 45th President of the United States, has been jumping into this market, releasing his fourth line of NFTs, featuring a collection of unique digital assets t

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