President Vladimir Putin has signed a new law aimed at regulating cryptocurrency mining and transactions in Russia. This law acknowledges digital currencies as property and amends the country’s Tax Code. While cryptocurrency mining and sales will not incur value-added tax, operators must report their activities or face fines. Cryptocurrency trading will attract a 13% income ...
BiyaPay, a leading FinTech platform, has announced a significant reduction in cross-border payment fees, benefiting international users. This move highlights BiyaPay’s dedication to creating cost-effective global payment solutions as the financial landscape evolves with advancements in FinTech and cryptocurrencies. By leveraging innovative technologies, BiyaPay is transforming the cryptocurrency cross-border payment sector, enabling seamless and low-cost ...
The UK is set to introduce a comprehensive cryptocurrency regulation framework by early 2025, targeting stablecoins and clarifying the legal status of staking services. The Treasury has confirmed that stablecoins will not fall under UK payments regulation, aiming to foster innovation while ensuring safety through oversight by the Financial Conduct Authority (FCA). This framework also ...
The UK government plans to introduce a new framework for cryptocurrency regulation in early 2025, which will cover stablecoins and clarify the legal status of staking services. The Treasury has decided that stablecoins will not fall under UK payment regulations, focusing instead on promoting innovation and overseeing risks through the Financial Conduct Authority. This regulation ...
As cryptocurrency gains traction, the question arises: could it eventually replace credit and debit cards? While Bitcoin recently hit a record high, widespread adoption remains uncertain. However, businesses like Trump Media & Technology are exploring crypto payment options, reflecting a growing interest among consumers during the holiday season. Instant crypto payments can simplify transactions, particularly ...
As cryptocurrency continues to rise, its impact on traditional payment methods, like credit and debit cards, is becoming a hot topic. With Bitcoin reaching record highs and businesses like Trump Media & Technology showing interest in crypto payments, more consumers are eager to use digital currencies for their purchases. The holiday season is also sparking ...
Bitcoin is experiencing a significant surge in exchange net outflows as the recent price rebound strengthens bullish investor sentiment. With Bitcoin’s price recovering to around $96,000, many investors are withdrawing their tokens from exchanges, marking a 270% increase in net outflows in a single day. This shift comes after a period of profit-taking from long-term ...
Join us on December 12, 2024, at 4:30 PM EAT for an insightful webinar on “Exploring Blockchain Intelligence and Cryptocurrency Investigation.” Led by Dr. Bright G. Mawudor, a renowned expert in cybersecurity and blockchain, this session will delve into the revolutionary aspects of blockchain technology and the security challenges it poses. Participants will learn about ...
Bitcoin is recovering and getting close to the $100,000 mark, following a slight drop earlier this week. Ethereum has broken through its weekly resistance level, hinting at a possible rally towards $4,000. Meanwhile, Ripple has found support at $1.40 and is showing signs of a potential increase as well. Currently, Bitcoin trades around $96,200, while ...
Bitcoin price is showing strong signs of recovery, currently trading above $95,000. After breaking the $95,500 resistance, BTC aims for further gains, seeking to surpass the critical $98,000 level. The price is supported by the 100 hourly Simple Moving Average, indicating bullish momentum. If Bitcoin clears the $97,000 resistance, it may push towards $100,000 and ...
