I need to see real growth in metrics like customer acquisition and trading volume before making a deeper commitment. From what I can tell, the news about EDXM will only be positive for Coinbase if it helps to expand the pie for the crypto industry as a whole. That's right -- they think these 10 stocks are even better buys. Independent nature of EDXM would also restrain the firm from the possibility of conflicts of interest. EDXM needed to prove its utility to stay relevant within the crypto space though. For now, I'm taking a wait-and-see backed crypto exchange with Coinbase. Meanwhile, the EDX exchange would work to accommodate both private and institutional investors.
On the other hand, the government is unclear with the status of tax yield farming and staking. There really is no specific law for this. This is in response to a disparity or a misunderstanding with the Portuguese tax authority saying that only investments or businesses linked to crypto are to be taxed. At this time, many corporations and individual businesses are looking for clarifications on the recent tax changes. And many crypto investors and traders should prepare for this tax ruling.
Lawmakers on Friday explained that Portugal is still business-friendly yet has always wanted to regulate crypto transactions. In fact, they are observing how other countries do crypto regulations to gain helpful insights on crafting their own policy decisions. Many countries are looking at profits from crypto as capital gains and making it taxable. Regulations are set in place to benefit the country in all aspects and not go against the tide. Featured image from Smart Citizenship, chart from TradingView.
For updates and exclusive offers enter your email. Jump to comments section Print this page The international manhunt for Do Kwon, co-founder of collapsed cryptocurrency operator Terraform Labs, has put the spotlight on Singapore, whose reputation has taken a hit following the failure of several digital asset funds with links to the city-state.
Singapore police have said Kwon is not in the city-state. Three Arrows Capital, a crypto hedge fund that collapsed in June , started as a registered fund management company in Singapore. It added that it was assessing whether further regulatory breaches occurred. Hodlnaut, a Singaporean crypto lender that received in-principle licensing approval from the Monetary Authority of Singapore, halted withdrawals and cut the majority of its employees earlier this year.
In August, Hodlnaut was placed under interim judicial management. Singapore police did not investigate the terraUSD collapse despite a complaint being filed, according to local media.
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There's also a "digital safe deposit box" for secure online storage. Like most secure online communication tools, both parties must have active CryptoHeaven accounts, and each must be in the other's contact list, to send or receive protected e-mail, instant messages, or file transfers.
However, with more and more business being done online and with a growing threat from cybercrime, it's a wise precaution that's well worth the effort to set up and use. The premium version offers expanded online storage and multiple user capabilities at various prices for advanced and enterprise users. Full Specifications What's new in version 3.
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