#crypto staking tax uk

[cryptofinancial]

UK Crypto Yield Farming: HMRC Tax Guide [2024]

Cryptocurrency has taken the financial world by storm, especially in the United Kingdom, where 4.97 million enthusiasts, a remarkable 10% of the population, are actively engaged in decentralized finance (DeFi) strategies. Each month, crypto investors in the UK embark on a path to achieve financial freedom, staking their digital assets and reaping extraordinary rewards. 

[mmbaaccountants]

What investors need to look in a crypto tax advisor

Taxes, and crypto taxes, are complex to understand. They are considered confusing aspects to get into blockchain and crypto assets. With the huge demand, crypto are also arose in mainstream financial conversation.

As the virtual platform of every mobile trading, not to mention trading brokerages, it permits crypto trading and transactions to ease investors to gain exposure to crypto that is increased dramatically.

There are many things investors need to consider while choosing Tax assist London.

Active crypto experience

Based on important things, the important question must ask by investors to ask in conversation with a tax professional, on which how much experience they have. The experience of the Uk Crypto tax advisor and other relevant question that is crucial to ask early in conversation on how much experience they have.

Many of the pitfalls and issues that will trip up taxpayers are understandable truly if everyone is a role for handling their own. The private key management, security, and minting of NFT (Non-fungible tokens) are at stake, and crypto assets mining can understand fully if an individual has a question about participating in past activities.  

Comfortable with ambiguity

Tax preparation and related thoughts are going in a straightforward and transparent way and need some deftness and ambiguity comfort. The tax code is written with various exceptions,  so you must be aware of and comfortable dealing with it.  

[abitokenkripto]

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Abi Money adalah token kripto yang berjalan di tiga blok chain TRC 20, ERC 20, dan BEP 20 yang dikembangkan oleh Abitekhno INC sebuah perusahaan IT yang berbasis di Delaware, USA. didukung dengan 11 utilitas bertujuan membangun ekosistem dimana pemegang token abi money dapat melakukan transaksi dengan aman, cepat dan nyaman.

Dalam ekosistem abi money anda dapat menghasilkan income, saling terhubung diantara komunitas, dan menggunakan abi money dalam transaksi sehari-hari.

Salah satu utilitas abi money yang sangat menguntungkan bagi pemegang token adalah flatform abi staking, dimana pengguna dapat menghasilkan 200% investasi dalam 38 bulan. Simak informasi mengenai abi staking di https://indonesia.abi.money. Untuk mendaptarkan abi money silakan gunakan link berikut, pendaftaran 100% free.

Manfaatkan pula Airpods asbi staking sebesar 10 USD selama kuota masih tersedia.

Mutilitas lain yang dapat digunakan adalah abi live yang merupakan aplikasi vidio conference yang dapat digunakan secara gratis sebanyak 70 pengguna, silakan donwloadd di appstore dan playstore.

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[kriptoabi]

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Abi Money adalah token kripto yang berjalan di tiga blok chain TRC 20, ERC 20, dan BEP 20 yang dikembangkan oleh Abitekhno INC sebuah perusahaan IT yang berbasis di Delaware, USA. didukung dengan 11 utilitas bertujuan membangun ekosistem dimana pemegang token abi money dapat melakukan transaksi dengan aman, cepat dan nyaman.

Dalam ekosistem abi money anda dapat menghasilkan income, saling terhubung diantara komunitas, dan menggunakan abi money dalam transaksi sehari-hari.

Salah satu utilitas abi money yang sangat menguntungkan bagi pemegang token adalah flatform abi staking, dimana pengguna dapat menghasilkan 200% investasi dalam 38 bulan. Simak informasi mengenai abi staking di https://indonesia.abi.money. Untuk mendaptarkan abi money silakan gunakan link berikut, pendaftaran 100% free.

Manfaatkan pula Airpods asbi staking sebesar 10 USD selama kuota masih tersedia.

Mutilitas lain yang dapat digunakan adalah abi live yang merupakan aplikasi vidio conference yang dapat digunakan secara gratis sebanyak 70 pengguna, silakan donwloadd di appstore dan playstore.

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[cryptonewsgap]

Crypto news, Why Ethereum (ETH) Merge Spell Tax Trouble for UK Crypto Stakers

Crypto news, Why Ethereum (ETH) Merge Spell Tax Trouble for UK Crypto Stakers

Ethereum (ETH) holders in the United Kingdom looking to stake their crypto following the Merge earlier this month could face paying much more in tax  Following the upgrade, Ethereum converted from a proof-of-work system to proof-of-stake one, in which holders are encouraged to “stake their crypto in order to secure the blockchain.  With yields hitting 5.2% by one estimate, this news is expected…

[bitcofun]

Vitalik Buterin. Source: a video screenshot, Grand Amphi Théatre/ YouTube Get your day-to-day, bite-sized absorb of cryptoasset and blockchain-related news-- examining the stories flying under the radar these days's crypto news. __________ Ethereum news Ethereum (ETH) co-founder Vitalik Buterin stated that: "After the Merge, Ethereum will be 55% total, there's a lot to be performed in the coming years which's where chance for Web3 home builders & & lovers can be found in." Buterin made this remark in a news release shown Cryptonews.com, ahead of the inaugural ETHWarsaw conference, which will last for 2 days, followed by 2 days of hackathon, from September 1 up until September 4. Heading speakers at the occasion consist of Stani Kulechov, creator and CEO of Aave, Sam McPherson, Protocol Engineering at MakerDAO, Julien Bouteloup, Founder of Stake Capital and StakeDAO, Sumit Kishore, Product Lead at Consensys, and more. DeFi news The Singapore-based crypto lending institution Hodlnaut has a USD 193 m monetary deficiency, a file submitted as part of continuous legal procedures in Singapore reveals, according to a report from The Block. The business froze withdrawals previously this month and has actually applied for financial institution security. Investment news United States movie theater chain AMC's shares toppled almost 40% in premarket trading on Monday after UK-based Cineworld's caution of a possible insolvency scared financiers ahead of AMC's favored stock listing, Reuters reported AMC's favored stock will start trading on the New York Stock Exchange on Monday under the ticker "APE". Cineworld, which owns Regal movie theaters in the United States, stated that it was taking a look at a possible insolvency filing as it has a hard time to cut financial obligations that leapt throughout the pandemic WisdomTree, the exchange-traded fund ( ETF) and exchange-traded item (ETP) sponsor, has actually included Polygon (MATIC) and Avalanche (AVAX) to the indices tracked by the physically-backed crypto basket ETPs, WisdomTree Crypto Market (BLOC) and WisdomTree Crypto Altcoins (WALT), stated a statement. BLOC and WALT are noted on Börse Xetra and Euronext exchanges in Paris and Amsterdam and SIX, the Swiss stock market. The ETPs are passported for sale in a variety of nations in the European Union. Security news A hacker has actually taken funds from clients who made deposits at a bitcoin ATM run by General Bytes, a report released by the business recently programs. The enemy had the ability to produce an admin user from another location and get the device to send out bitcoin to the hacker's own wallet, the report stated. The hackers behind the big attack on the play-to-earn video game Axie Infinity's Ronin bridge have actually moved all of their funds to bitcoin (BTC), according to pseudonymous on-chain private investigator liteZero. They included that the majority of the funds have actually been transferred on the coin blending services ChipMixer and Blender The North Korean cybercrime group Lazarus Group is extensively thought to be behind the attack. Exchange news Crypto exchange FTX grew its earnings by 1,000% in 2021, assisted by a boom in crypto costs and a series of acquisitions, FTX CEO Sam Bankman-Fried validated on Twitter this weekend after CNBC initially reported it. Regulatory news South Korea will enforce a 10 to 50% "present tax" on crypto airdrops, a federal government authorities has actually stated, according to regional outlet Yonhap News. Regulators in Australia are "all set to begin assessment with stakeholders" for a regulative structure for crypto, a press release from the Australian Treasury Ministry has actually stated. It included that the structure will permit customers to "take part in the marketplace while likewise much better securing them." NFT news American singer-songwriter Miley Cyrus made an application for a number of metaverse and non-fungible token ( NFT)- associated hallmarks.

Cyrus appears to have actually strategies associated with "virtual currency", "digital possessions", "virtual products", and so on. The hallmarks are signed up under identification numbers 97551201 and 97551195 Sport news Crypto sports business and owner of Crawley Town FC, WAGMI United, revealed today that Crawley Town Football Club has actually accepted a brand-new t-shirt sleeve sponsorship with the fan token and NFT platform XCAD Network The offer will see Red Devils gamers using a spot including the XCAD logo design on their left sleeve throughout the club's upcoming Carabao Cup match versus going to Premier League side Fulham Read More

[coinwealth]

A Defi Protocol with the Highest APY in

London, UK, April 07, 2022 (NEWSCALL) — YieldZard, the highest rewarding DeFi protocol is launching. The journey to the launch of the project that will offer the investors the highest reward ever, 918,757% fixed APY begins with the upcoming presale. The presale will be on PinkSale and will offer an equal chance for the participants to acquire the project’s native token. Members will use the Binance coin (BNB) to buy the asset during the presale period. The soft cap for the presale is set at 4,000 BNB and the hard cap stands at 8,000 BNB. The funds raised during the presale will be used to finish the final stage of the project including the final launch and the creation of their first ever generation of YieldZard Wizard NFTs.

Participants will acquire the $YLZ token, which they can stake with the YieldZard YAP protocol to earn decent interest. The platform offers 918,757% APY, the highest ever in the crypto industry. The protocol uses an auto-compounding mechanism that rewards $YLZ token holders 0.00868% interest every five minutes. The reward is automatically directed to the user’s wallet and auto-staked for the next compounding period.

According to the CEO, the project’s Huge APY is sustainable due to the unique mechanisms they have adopted to ensure that the total number of tokens remains efficient even when the demand soars. “The Yieldzard protocol has an entirely different and more comprehensive mechanism than Titano, Libero, or other competitors. Our token supply is far less at only 325,000. We have total auto burn per transaction (including buying and selling) at 6%, smart LP every 48 hours, and the factor of rebasing at 5min intervals which provides a more linear progression of sustainability,” said the CEO and founder Paul. He added, “Market volume will enter revenue into the Treasury as a 2.5-4.5% tax, an additional 5% into the YieldZard Coverage Fund for insurance purposes, which more than offsets the daily interest being awarded. APY will be 100% sustained.”

About YieldZard Protocol’s Ecosystem

YieldZard is a DeFi platform built on the Binance Smart Chain. The protocol is launching in 2022 to empower cryptocurrency investors by offering them the highest ever APY in the crypto industry while maintaining high security and sustainability.

Other sustainability features of the platform are as follows:

Rebase Token – The native token, the $YZL token, is designed as a rebase token, meaning its circulating supply can contract or expand depending on the token price. The token uses a positive formula, which automatically increases the token supply to allow the holders to continue growing their tokens. This mechanism works to nullify the imbalance in the demand and supply of the token due to the price.

Token burning – The protocol also has a unique token burning feature called Lava Lake, which eliminates, from the total supply, a combined fee of 6% for all the transactions on the platforms. This feature maintains a sustainable number of tokens in the ecosystem. Therefore, it prevents inflation, which leads to a drop in value.

Wizard’s Chest – In the event of an extreme price drop in the $YLZ token, YieldZard has a treasury Chest, which provides stability to the entire ecosystem. The project also uses this feature to fund investments, new project extensions, the development and marketing of the project.

Insurance – YieldZard also has an insurance fund, YCF, which helps in price stability and the long-term sustainability of the entire protocol. 

YieldZard farming is getting into the business when the interest in cryptocurrency, especially the DeFi, is on the rise globally. The project CEO, Paul, believes YieldZard will empower crypto enthusiasts with high interest and sustainable investment opportunities to grow their portfolio quickly. 

Contacts:

Website: https://yieldzard.com/

Twitter: https://twitter.com/yieldzard

Discord: https://ift.tt/BxWMUra

Telegram: https://t.me/yieldzard

Reddit: https://ift.tt/KTpiCWw

Disclaimer:

The information provided in this release is not investment advice, financial advice or trading advice. It is recommended that you practice due diligence (including consultation with a professional financial advisor before investing or trading securities and cryptocurrency.

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source https://usapangbitcoin.org/a-defi-protocol-with-the-highest-apy-in/

source https://usapangbitcoin.wordpress.com/2022/04/08/a-defi-protocol-with-the-highest-apy-in/

[cryptofinancial]

Crypto Liquidity Pools: A Comprehensive UK Tax Guide 2024

Did you know? In the United Kingdom, a remarkable 10% of the population (4.97 million enthusiasts), actively participate in decentralised finance (DeFi) strategies. Every month, crypto investors in the UK embark on a journey towards financial freedom, strategically staking their digital assets to pile up their money bags.

[nftcryptonews]

UK tax agency cracks down on rules around DeFi lending and staking

“HMRC treats crypto assets as property for tax purposes. However, this is inconsistent with the approach currently being adopted by Government and other regulatory bodies in the UK," said the executive director of CryptoUK Ian Taylor

from Cointelegraph.com News https://ift.tt/mhyaNgjxE

[abitokenkripto]

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Abi Money adalah token kripto yang berjalan di tiga blok chain TRC 20, ERC 20, dan BEP 20 yang dikembangkan oleh Abitekhno INC sebuah perusahaan IT yang berbasis di Delaware, USA. didukung dengan 11 utilitas bertujuan membangun ekosistem dimana pemegang token abi money dapat melakukan transaksi dengan aman, cepat dan nyaman.

Dalam ekosistem abi money anda dapat menghasilkan income, saling terhubung diantara komunitas, dan menggunakan abi money dalam transaksi sehari-hari.

Salah satu utilitas abi money yang sangat menguntungkan bagi pemegang token adalah flatform abi staking, dimana pengguna dapat menghasilkan 200% investasi dalam 38 bulan. Simak informasi mengenai abi staking di https://indonesia.abi.money. Untuk mendaptarkan abi money silakan gunakan link berikut, pendaftaran 100% free.

Manfaatkan pula Airpods asbi staking sebesar 10 USD selama kuota masih tersedia.

Mutilitas lain yang dapat digunakan adalah abi live yang merupakan aplikasi vidio conference yang dapat digunakan secara gratis sebanyak 70 pengguna, silakan donwloadd di appstore dan playstore.

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[number-supportsd---blockchain]

Blockchain.com🧛‍♀️Phone 🧛‍♀️ 1[833-(504)-7855 #P

Blockchain is one of the largest cryptocurrency exchanges in the world, responsible for $7.7 trillion crypto exchange volume in 2022. It was founded in 2017 by Changpeng Zhao, who previously worked for Blockchain.info and as CTO of OKCoin.

Launched in Hong Kong, it quickly became one of the leading exchanges, but from the get-go faced increasingly restrictive regulations which forced it to migrate servers and headquarters to Malta.

Blockchain has one of the widest selections of alt-coins available on its exchange and even launched its own coin, Blockchain Coin, which is currently the fifth most valuable coin by market cap behind Blockchain, Ethereum, USD Tether and Cardano.

It has also launched several security tools aimed at improving trust in crypto, these include Blockchain Smart Chain, which utilises a proof of staked authority to ensure that a transaction is validated.

Blockchain has suffered somewhat due to investigations in the US and UK into money laundering and tax offenses. Several banks have banned its customers from sending money to Blockchain. Similar bans are in effect in China, Japan and Thailand.

Even so, Blockchain continues to be the largest cryptocurrency exchange by volume, even surpassing Blockchain which has more active users.

We have collected data and statistics on Blockchain. Read on below to find out more.

[number-supportsd---binance]

Binance.com🧛‍♀️Phone 🧛‍♀️ 1[833-(504)-7855 #P

Binance is one of the largest cryptocurrency exchanges in the world, responsible for $7.7 trillion crypto exchange volume in 2022. It was founded in 2017 by Changpeng Zhao, who previously worked for Blockchain.info and as CTO of OKCoin.

Launched in Hong Kong, it quickly became one of the leading exchanges, but from the get-go faced increasingly restrictive regulations which forced it to migrate servers and headquarters to Malta.

Binance has one of the widest selections of alt-coins available on its exchange and even launched its own coin, Binance Coin, which is currently the fifth most valuable coin by market cap behind Binance, Ethereum, USD Tether and Cardano.

It has also launched several security tools aimed at improving trust in crypto, these include Binance Smart Chain, which utilises a proof of staked authority to ensure that a transaction is validated.

Binance has suffered somewhat due to investigations in the US and UK into money laundering and tax offenses. Several banks have banned its customers from sending money to Binance. Similar bans are in effect in China, Japan and Thailand.

Even so, Binance continues to be the largest cryptocurrency exchange by volume, even surpassing Binance which has more active users.

We have collected data and statistics on Binance. Read on below to find out more.

[bitcofun]

Get your everyday, bite-sized absorb of cryptoasset and blockchain-related news-- examining the stories flying under the radar these days's crypto news. __________ NFTs news The Austrian Post, the nation's postal service, introduced a brand-new item classification called Crypto stamp art (CSA) which concentrates on digital gathering, however the potential owners need to initially acquire a physical stamp to get its NFT twin on the Ethereum (ETH) blockchain, according to Post & & Parcel. The digital collection boxes are set to release on July 22. Vincenzo Sospiri Racing, multi-Championship winning GT group, stated that with assistance from Lamborghini Squadra Corse, and in collaboration with business NFT platform, Go2NFT, they are piloting a brand-new plan that will allow the group to trial Go2NFT innovation to accredit racing cars and truck parts for authentication and auditability. Taxes news The UK federal government is looking for views on the tax of cryptoasset loans and staking within the context of DeFi They stated that they are especially thinking about determining whether administrative problems and expenses might be decreased for taxpayers and whether the tax treatment can be much better lined up with the hidden economics of the deals included. Legal news The Court of Justice of São Paulo -- among Brazil's greatest courts-- has actually frozen some USD 85 m worth of crypto and fiat in the client accounts of Capitual, a domestic neobank and the previous partner of the crypto exchange Binance Capitual and Binance have actually been secured a significantly bitter legal battle considering that the middle of last month. The Brazilian company had actually formerly served as a bridge in between the Binance platform, however legal wrangling in between the celebrations has actually left consumers not able to access their coins for numerous weeks. Globo reported that Binance has actually ensured customers in Brazil that its brand-new partner, LATM Gateway, is presently being incorporated-- which withdrawals and deposits will be resumed quickly. Regulation news The Bank of England(BoE) alerted in their monetary stability report for July 2022 that "unless attended to, systemic dangers would emerge if cryptoasset activity, and its interconnectedness with the larger monetary system, continued to establish." They included that this shows the requirement for "boosted regulative and police structures to resolve advancements in these markets and activities." Crime news Maastricht University revealed that an examination by the Netherlands Public Prosecution Service into a 2019 cyberattack on the university has actually succeeded, which around EUR 500,000(USD 512,610) worth of crypto was taken. Career news Ted Lin, primary development officer at crypto platform Binance, has left the business in order to "invest more time with [his] young household and be more versatile with [his] time." He included that he will "continue to remain immersed in crypto and Web 3, 4, 5", along with "continue to assist advance the community through angel investing and mentorship". Samir Shah, previously banking giant JPMorgan's head of property management sales, has left the bank to use up the position of the chief running officer at crypto-focused financial investment company Pantera Capital The UK Financial Conduct Authority(FCA) stated it has actually selected Matthew Long as Director of Payments and Digital Assets, a brand-new function supervising the e-money, payment and cryptoasset markets and leading associated policy advancement. Matthew is presently a Director within the National Economic Crime Command within the National Crime Agency, which has a tactical management function for financial criminal activity and illegal financing. He likewise led the UK Financial Intelligence Unit He will sign up with the FCA in October, per the statement. Lending news Payments platform Wirex introduced Wirex Credit, which provides rate of interest and no origination cost for crypto-backed loans.

Users can obtain approximately USD 100,000 in stablecoins, with a loan to worth (LTV) of as much as 80% within the Wirex app, they stated. Investments news GFI Securities, a subsidiary of international brokerage BGC Partners, revealed that it has actually organized an intermediated block trade of CME Group Bitcoin (BTC) alternatives agreements in between crypto market maker Cumberland and banking giant Goldman Sachs qiibee, a blockchain-based B2B benefits market, stated it has actually raised USD 4.8 m following the close of a seed financing round led by Z5 Capital qiibee included that it has actually allocated funds protected throughout this round for the development of its international group, consisting of in North America. Read More

[number-supportsd---bitcoin]

Bitcoin.com🧛‍♀️Phone 🧛‍♀️ 1[833-(504)-7855 #P

Bitcoin is one of the largest cryptocurrency exchanges in the world, responsible for $7.7 trillion crypto exchange volume in 2022. It was founded in 2017 by Changpeng Zhao, who previously worked for Blockchain.info and as CTO of OKCoin.

Launched in Hong Kong, it quickly became one of the leading exchanges, but from the get-go faced increasingly restrictive regulations which forced it to migrate servers and headquarters to Malta.

Bitcoin has one of the widest selections of alt-coins available on its exchange and even launched its own coin, Bitcoin Coin, which is currently the fifth most valuable coin by market cap behind Bitcoin, Ethereum, USD Tether and Cardano.

It has also launched several security tools aimed at improving trust in crypto, these include Bitcoin Smart Chain, which utilises a proof of staked authority to ensure that a transaction is validated.

Bitcoin has suffered somewhat due to investigations in the US and UK into money laundering and tax offenses. Several banks have banned its customers from sending money to Bitcoin. Similar bans are in effect in China, Japan and Thailand.

Even so, Bitcoin continues to be the largest cryptocurrency exchange by volume, even surpassing Bitcoin which has more active users.

We have collected data and statistics on Bitcoin. Read on below to find out more.

[coinwealth]

Top Crypto Concern of Institutional Investors, Ray Dalio on Bitcoin Allocation + More News

Ray Dalio. Source: A video screenshot, Youtube/ Principles by Ray Dalio

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.

__________

Investments news

The security concern is what holds institutional investors back from investing in crypto and digital assets, found a survey, as Bloomberg reported. 79% of the respondents see asset custody as the key consideration whether to invest in this space. The report was commissioned by Nickel Digital Asset Management, and involved interviews with 50 wealth managers and 50 institutional investors – who collectively manage around USD 108.4bn – across the US, the UK, Germany, France, and the United Arab Emirates.

Legendary hedge fund manager Ray Dalio stated in an interview with The Investors Podcast that he agrees with fellow billionaire Bill Miller’s suggestion that 1%–2% is the right allocation for bitcoin (BTC). Miller had suggested that “1% to 2% of your portfolio [should go to bitcoin], then if it goes to hell, you’ll be okay. If it does really well, as I believe it will over the next 10 years, then you’ll be glad you owned it.”

Cash transfer company MoneyGram International (MGI) made a strategic minority investment in crypto cash exchange company Coinme, giving it a 4% ownership stake. The deal will close Coinme’s Series A funding round, and help support international expansion along with other growth plans.

Bank of America (BofA) analyst Jason Kupferberg downgraded The Western Union to Underperform from Buy due to structural concerns related to competition from pure-play digital remittance providers and possible disruptive threats from newer technologies, Benzinga reported.

CryptoSlam, an NFT industry data aggregator, closed an USD 9m funding round led by venture capital firm Animoca Brands. The new funding will be used for an “aggressive” hiring plan, platform expansion to support new and existing blockchains, and the launch of several new products, they said.

Digital asset bank and trading platform Sygnum raised USD 90m in a funding round that valued it at USD 800m. The company plans to use the proceeds to develop new offerings, including yield-generating products and asset management solutions for institutional clients.

Infrastructure middleware protocol Pocket Network has closed a strategic round of USD 10m led by Republic Capital, RockTree Capital, Arrington Capital, and C² Ventures.

CryptoWire, a special business unit (SBU) of crypto stats provider TickerPlant, launched the first Indian cryptocurrency index called IC15 that will monitor the world’s top 15 cryptocurrencies listed on global exchanges, per India Today.

Tribal, a B2B payment and financing platform for emerging markets, said it raised a new debt round of USD 40m. “This is one of the first hybrid debt rounds combining both fiat and stablecoins,” said Amr Shady, CEO of Tribal. The round is financed by Partners for Growth and Stellar Development Foundation to help Tribal expand its financing and payment services for small and medium-sized businesses (SMBs) to new countries in Latin America, the company added.

Taxes news

An official from the Thai Finance Ministry stated that profits from crypto trading are now subject to a 15% capital gains tax, Bangkok Post reported. The ministry recommends investors identify their income from cryptocurrencies when filing tax this year to avoid legal penalties.

Adoption news

The Central Bank of Bahrain announced the completion of a test with Onyx by banking giant’s JPMorgan’s JPM Coin System, which allowed aluminum smelter Aluminium Bahrain (ALBA) to initiate real-time payments to their US-based counterparties.

The top request users made of Airbnb CEO Brian Chesky was to enable cryptocurrency payments on the platform. While he did not explicitly state that the platform would be integrating crypto, he did say that they are “already working on some” of the products that were requested and “will look into others now.”

NFTs news

The Australian Open is releasing a collection of 6,776 non-fungible tokens (NFTs) that correspond to minuscule plots on the tennis tournament court’s surface, along with a virtual event for the competition on the metaverse platform Decentraland. Every winning shot from the tournament’s 600 matches will correspond to one of the collection’s NFTs.

DeFi news

Web browser Opera announced a partnership with the decentralized internet company dWeb Foundation over the integration of the decentralized blockchain domain name system, Handshake (HNS). The integration should go live in the first half of 2022.

Gaming news

Esports organization Team Vitality and blockchain project Tezos (XTZ) announced a partnership where Team Vitality rosters will represent the Tezos brand in esports and gaming. On the other hand, Tezos will educate fans on the benefits of blockchain as part of the gaming experience and showcase the advancements of these technologies.

Mining news 

Hut 8 Mining stated they mined BTC 276 in December 2021, and that their total BTC balance held in reserve is 5,518 as of December 31, 2021, a 97% increase from the prior year-end. Additionally, they have increased their total hash rate by 125% compared to December 2020.

Core Scientific announced it mined BTC 1,044 in December, BTC 2,498 in the fourth quarter, and BTC 5,769 in the full year, representing year-over-year increases of 313%, 235%, and 350%, respectively. At year-end 2021, it operated a fleet of approximately 67,000 miners for its own account, which represented 6.6 Exahash (EH/s), and 100,000 more ASICs are contracted for delivery in 2022.

Scams news

Arbix Finance, an audited yield farming platform, has been flagged as a “rugpull” by crypto security company CertiK as it reportedly deleted its site, Twitter, and Telegram channel and transferred USD 10m worth of deposited crypto.

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source https://usapangbitcoin.org/top-crypto-concern-of-institutional-investors-ray-dalio-on-bitcoin-allocation-more-news/

source https://usapangbitcoin.wordpress.com/2022/01/07/top-crypto-concern-of-institutional-investors-ray-dalio-on-bitcoin-allocation-more-news/

[number-supportsd---coinbase-blog]

Coinbase.com🧛‍♀️Phone 🧛‍♀️ 1[833-(504)-7855 #P

Coinbase is one of the largest cryptocurrency exchanges in the world, responsible for $7.7 trillion crypto exchange volume in 2022. It was founded in 2017 by Changpeng Zhao, who previously worked for Blockchain.info and as CTO of OKCoin.

Launched in Hong Kong, it quickly became one of the leading exchanges, but from the get-go faced increasingly restrictive regulations which forced it to migrate servers and headquarters to Malta.

Coinbase has one of the widest selections of alt-coins available on its exchange and even launched its own coin, Coinbase Coin, which is currently the fifth most valuable coin by market cap behind Bitcoin, Ethereum, USD Tether and Cardano.

It has also launched several security tools aimed at improving trust in crypto, these include Coinbase Smart Chain, which utilises a proof of staked authority to ensure that a transaction is validated.

Coinbase has suffered somewhat due to investigations in the US and UK into money laundering and tax offenses. Several banks have banned its customers from sending money to Coinbase. Similar bans are in effect in China, Japan and Thailand.

Even so, Coinbase continues to be the largest cryptocurrency exchange by volume, even surpassing Coinbase which has more active users.

We have collected data and statistics on Coinbase. Read on below to find out more.