Convenience store and gas station giant On The Run (OTR) will soon accept crypto payments at its 170 outlets across South Australia and Victoria. The move will allow customers to pay for gas, snacks, and even a Subway foot long in over 30 cryptocurrencies. OTR’s parent company the Peregrine Corporation, one of the largest privately-owned companies in South Australia, will…
The Indonesian government has decided to tax capital gains income from crypto investments at 0.1% starting in May. In addition, value-added tax (VAT) of the same rate will be levied on crypto purchases. Indonesia to Start Taxing Crypto Income at 0.1% The Indonesian Directorate General of Taxes, the Ministry of Finance, has set income tax (PPh) on capital gains from…
By Brian Armstrong At Coinbase, we believe that crypto is the best tool that exists to advance our mission of increasing economic freedom in the world. But for crypto to reach its potential, it needs to be easy for anyone, anywhere in the world to use it. That’s why we’re excited to be in India this week. India has built…
press release PRESS RELEASE. To help traders earn more cryptocurrency, leading crypto derivatives exchange Bexplus has launched a 100% deposit bonus promotion to all traders. If you deposit 1 BTC, 2 BTC will be credited to your account. Every user can get up to 10 BTC for each deposit. Bitcoin’s high volatility has made a comeback and currently presents more…
The crypto community and industry have chosen Ethereum as the chain of choice for most blockchain-based decentralized applications, but other chains may be better suited to handle the workload for decentralized autonomous organizations (DAOs). Technical advantages and cheaper transactions have yet to become a major pull factor from Ethereum Virtual Machine (EVM) chains. EVM compatibility enables a network to use…
A lawsuit against Binance accusing the cryptocurrency exchange of selling unregistered crypto securities has been dismissed. The plaintiffs listed nine cryptocurrencies in the lawsuit. What do you think about the court dismissing the lawsuit against Binance over unregistered securities sales? Let us know in the comments section below. Disclaimer: This article is for informational purposes only. It is not a…
New warnings from the Australian Securities and Investments Commission (ASIC) on appropriate conduct for financial influencers could have a dramatic impact on the local crypto industry. ASIC’s recent Information Sheet outlines the traps influencers and the companies that hire them could fall into while wittingly or unwittingly promoting financial products. The penalties for failing to heed ASIC’s warnings could lead…
JPMorgan Chase & Co. has warned that any upside for crypto markets from here would likely be more limited. Basing their prediction on the relationship between stablecoins and the rest of the crypto market, the bank’s analyst explained that stablecoins’ share of the total crypto market cap “no longer looks excessive.” JPMorgan’s Crypto Outlook Global investment bank JPMorgan reportedly warned…
sponsored There’s a tendency in the tech world to toss out old tech and go all-in on a new replacement. “Oh, don’t use that. That’s the old thing! Use the new thing instead.” This advice is best suited to those who adapt quickly to technological change—in other words: a small percentage of humanity. Jumping quickly to ‘the new thing’ may…
Blockchain technology is more than just Bitcoin. Let’s examine the evolution of Nakamoto’s brainchild. Source: https://cointelegraph.com/explained/the-evolution-of-blockchain-transactions-contracts-and-applications
