Decentralization

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.

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.

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.

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.

Romanian gangs are becoming responsible for some of the most audacious recent crimes involving injecting malware into victims' computers in order to mine cryptocurrencies.

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.

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.

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."

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.

There is so much that has changed in the world and technology is a major contributor. The world, as we know, has really changed and most activities are now digitized. You may have come across digital currencies and may be wondering how to invest in such trade. Cryptocurrency is no longer a foreign term as it seems to be taking over the financial markets.