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Bipartisan bill proposes tax exemption for small cryptocurrency transactions

  • General
February 4 2022, 9:04 VasiliyKoshkin

Four members of Congress — two Democrats and two Republicans — have proposed a bill designed to make the everyday use of digital assets more practical. Currently, consumers are required …

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Cardano (ADA) ecosystem growth shows no signs of slowing, marks biggest step yet in 2022

  • Altcoins
  • Cardano
  • General
February 3 2022, 9:39 VasiliyKoshkin

IOHK, the organization behind Cardano’s software development announced its latest plan to roll out a script that will see the network’s capacity enhanced in a bid to meet the demands …

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Metaverse church is now how the faithful roll during a pandemic

  • General
  • Metaverse
February 3 2022, 9:38 VasiliyKoshkin

Religious organizations in the United States have surrendered to the metaverse and virtual reality. This is so they can still carry out masses, services and even baptisms while their flock …

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Thailand has just axed the 15% tax on cryptocurrency

  • General
February 3 2022, 9:37 VasiliyKoshkin

Thailand’s revenue department has decided to drop the 15% tax levied on cryptocurrency. This is a piece of positive news for the cryptocurrency industry that’s progressing by the minute. The decision …

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Shiba Inu (SHIB)-branded fast food is now available in Italy

  • Altcoins
  • General
  • Shiba Inu
February 3 2022, 9:34 VasiliyKoshkin

In a new blog post, Shiba Inu developer Shytoshi Kusama has announced a partnership with an Italian fast-food restaurant called Welly’s. Welly’s has already conducted a full rebrand, making the Shiba Inu dog …

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IRS is not going to tax unsold staked cryptocurrency as income

  • General
February 3 2022, 9:32 VasiliyKoshkin

For individuals hoping to earn new tokens by providing security to large blockchains that use proof-of-stake, there may be good news ahead. IRS will not tax your unstaked crypto. A …

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Customers spent $2.5 Billion with Visa crypto debit cards in the last 3 months

  • General
February 3 2022, 9:30 VasiliyKoshkin

Payments giant Visa has revealed in its recent earnings call that customers made $2.5 billion in payments using its cryptocurrency-linked cards in its fiscal first quarter of the year. The …

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Cardano (ADA) developer Input Output has announced the latest performance enhancements

  • Altcoins
  • Cardano
  • General
February 2 2022, 7:52 VasiliyKoshkin

Cardano developer Input Output has announced that the blockchain’s block size is on track to increase by 11% as part of its network optimization efforts. The total block size will grow to …

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El Salvador has relaunched its in-house Chivo wallet & plans to deploy 1,500 Bitcoin ATMs

  • Bitcoin
  • General
February 2 2022, 7:50 VasiliyKoshkin

El Salvador, the first country to adopt Bitcoin as a legal tender, has relaunched its in-house Chivo wallet to address the existing challenges of BTC transfers locally. With AlphaPoint integration, …

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Twitter founder Jack Dorsey: “Diem was a waste of time, Meta should’ve focused on Bitcoin (BTC)”

  • Bitcoin
  • General
  • Metaverse
February 2 2022, 7:47 VasiliyKoshkin

Twitter founder Jack Dorsey said that Meta’s failed cryptocurrency project Diem was “wasted effort and time,” and it should have focused its efforts on “making Bitcoin more accessible for everyone.” …

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