Financial technology

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.

How to Safely Invest in Cryptocurrency

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.

How to Find a Good Crypto Exchange

Cryptocurrency is all over the internet and there are certain related terms that you will see associated with this type of trade. If you have seen words like Binance, Gemini, Coinbase, and Kraken, these are known as crypto exchanges. They are digital platforms that allow users to buy and sell cryptocurrencies.

Basis Of Price Fluctuations In The World Of Cryptocurrency

Right from the dawn of time, there has almost never been a more volatile system than the operations of cryptocurrency. After being launched in 2009 officially, the world of cryptocurrency has been gliding up and down the charts of prices. At one point or the other, control of these fluctuations has been the dream of every investor or at least crossed their mind.

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Turkey adds crypto firms to terror financing rules

Turkey has added cryptocurrency trading platforms to the list of firms covered by anti-money laundering and terrorism financing regulation, it said in a presidential decree published early May 1.

The move came after a ban on using cryptocurrencies for making payments introduced in response to claims that such transactions are too risky took effect in Turkey on April 30.

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