Decentralization
Statue honoring Bitcoin founder unveiled in Budapest
Hungarian bitcoin enthusiasts unveiled a statue in Budapest which they say is the first in the world to honor Satoshi Nakamoto, the enigmatic inventor of the virtual currency.
The bronze bust is of a hooded figure, in an allusion to the fact that the true identity of Nakamoto, a pseudonym, is unknown.
Proposal on cryptocurrency tax amended
Ljubljana – Only a day after putting out a proposal on taxation of trading in cryptocurrencies, the Financial Administration (FURS) said it will amend the proposal amid a strong response from stakeholders to give taxpayers the option to chose between paying tax either on the profits they make or as a percentage of the cryptocurrency they cash in.
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Finance finds cryptocurrency tax proposal unreasonable
Ljubljana – The newspaper Finance approves of imposing a tax on earnings from cryptocurrencies in Tuesday’s commentary, but lambastes the Financial Administration’s proposal for a 10% tax on the sale value of cryptocurrencies as being unreasonable.
FURS proposes special tax on cryptocurrencies
Ljubljana – The Financial Administration (FURS) has proposed changing how income from cryptocurrencies is being taxed so that a 10% tax rate would be imposed when the cryptocurrency is spent or turned into cash.
The administration proposes the tax, at a rate of 10%, be paid on the amount of cryptocurrency turned into another currency or spent for goods or services.
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Reasons Why You Shouldn’t Hesitate Investing in Bitcoin
Indeed, Bitcoin has suffered several crashes since its introduction by Satoshi Nakamoto in 2009. However, this virtual currency has exhibited greater resilience, with its rising value over the years. Even with its high volatility, Bitcoin remains an excellent digital asset to buy.
Romania’s Hackers Extend Their Reach to Cryptojacking
Romanian gangs are becoming responsible for some of the most audacious recent crimes involving injecting malware into victims' computers in order to mine cryptocurrencies.
ITN Achieve Understanding on Number of Cabinet Members in Talks with Democratic Bulgaria and Rise Up BG
There Is Such a People (ITN) achieved complete understanding and substantial similarity on a number of sectors in their talks with Democratic Bulgaria, Rise Up BG!Here We Come! and BSP for Bulgaria. This transpired from a declaration of the TISP Parliamentary Group that its Deputy Floor Leader Filip Stanev read, addressing a plenary sitting of Bulgaria's Parliament on Wednesday.
How Bitcoin Can Promote Financial Services
In most countries, governments are indecisive about their stance on Bitcoin and other cryptocurrencies. While some countries have banned Bitcoin, others have allowed their citizens to use it freely. Many governments are yet to declare their stance on Bitcoin, while some are preparing for their official adoption. Countries like El Salvador are ready to use Bitcoin as a legal tender.
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Investors to be offered ‘shares’ in Picasso painting
A Picasso painting is to be sold in tokenized form, allowing investors to buy "shares" in the work, Swiss digital asset bank Sygnum announced July 15.
Sygnum joined forces with Artemundi, a fund specializing in art investments, to offer the shares in Picasso's 1964 work "Fillette au Beret."
Blockchain in Technology Set to Transform the Gaming Industry
Have you been wondering if there is any connection between cryptocurrencies and the gaming industry? We want to take the time to explore all the open possibilities on how blockchain technology may transform the gaming industry. We all agree that the gaming industry has been redefined by technology in recent years. Virtual reality has become a common trend to gaming enthusiasts.