Authorities in Slovenia have prepared new legislation tailored to determine how crypto holdings and transactions are taxed in the country. The proposal, aimed at clarifying the matter, has been submitted for public consultations this week, local media reports revealed. Slovenia to Amend Tax Rules for Cryptocurrencies The Finance Ministry in Ljubljana has opened public consultations on a draft law regulating…
The wolf of nonfungible streets Erstwhile crypto skeptic Jordan Belfort has bravely outed himself as an NFT proponent amid the booming growth of the sector in 2021. Belfort is known for his dodgy antics while working as a stockbroker on Wall Street, with his story being captured in The Wolf of Wall Street film starring Leonardo DiCaprio. The 59-year-old has…
A group of high-level U.S. government attorneys has oulined their priorities for the enforcement and prosecution of individuals and companies that have committed crypto-related crimes. Enforcement officials from the U.S. Department of Justice (DoJ), Securities and Exchange Commission (SEC), and Commodity Futures Trading Commission (CFTC) spoke about the direction their agencies will take at a panel discussion at the American…
Reports are emerging that the U.S. Securities and Exchange Commission has rejected one, or possibly two, recent Bitcoin exchange-traded fund applications signaling that the regulator is not quite ready for more exotic futures products just yet. Just a day or so after Valkyrie filed for a leveraged Bitcoin futures ETF and Direxion applied for an inverse fund for bears, the…
The President of El Salvador, Nayib Bukele tweeted earlier today that his government has taken advantage of the recent Bitcoin price drop and added 420 additional BTC to the nations stash. It was a long wait, but worth it, he tweeted, We just bought the dip! Shortly after he tweeted: Were already making a profit off the #Bitcoin we just…
An address with the foresight to purchase $3,400 worth of Shiba Inu (SHIB) last August has seen the value of the coins grow to a whopping $1.55 billion today. In total the unknown person has bought SHIB 44 times since August 2020 with $3200 the largest purchase at any one time and their total holding of 70,200,003,107,594 SHIB is now…
Operation Dark Huntor, a coordinated international effort on three continents to disrupt opioid trafficking on the darknet, has led to the arrests of 150 people. According to the Federal Bureau of Investigation (FBI), the operation has also resulted in the seizure of over $31.6 million in cash and cryptocurrencies. Operation Dark Huntor: 150 Arrests, Crypto and Cash Seized The U.S.…
After reaching new all-time highs it’s customary for Bitcoin (BTC)price see a bit of cooling off in the form of profit taking, consolidation and uncertainty from traders who are cautious about opening new positions at record highs. This appears to be exactly what is occuring this week as Bitcoin price struggles to hold the $60,000 level as support. BTC/USDT 4-hour…
The International Monetary Fund (IMF), along with a string of other financial institutions, really does not like Bitcoin. So, let’s do the usual, thinking through what the IMF is and why it even matters. What Is The IMF? The IMF and the World Bank are like the parallel universe versions of Shaggy and Scooby-Doo. They have no idea what they…
Watch This Episode on YouTube Listen To This Episode: [00:00:07] CK: Svetski has put out some incredible work, some incredible thinking. The article prior to this one was Bitcoiners are the Remnant. We don’t need the masses. I think, I messed that title up. Long story short is you should read that one, as well as ASIC. I’m going to go…
