Friday, March 29, 2024
Banks do not offer the necessary services to serve the population and this drives the growth of cryptocurrencies. With more than 34 million Brazilians still living without access to formal banking services or...
The crash in bitcoin prices worsens the crisis, says BIS report. Inflation is already above 5% in three-quarters of the world economy. Restoring low and stable inflation without inflicting damage is the most...
The bill in Russia would have received approval by the State Duma and explained that issuers of digital assets are exempt from paying value-added tax. Income tax should still get paid, but this payment would get...
“Ultimately, cryptocurrencies can be liquidated if the collateral value falls below a certain threshold, such as 35% of property value,” the report says. Investment banking giant Citigroup has published a study on how...
Some tips on how to keep up to date with cryptocurrency tax declaration in Spain. Despite the recent drop in the price of cryptocurrencies, the crypto asset market continues to attract investors every...
The deputy governor of the Bank of England compared the current crisis with the dotcom crash. According to him, the survivors of this crisis could face the same situation as entities like Amazon and eBay.
The Jamaican financial institution believes that Bitcoin is not a currency for making transactions or payments. The country wants to privilege the use of its CBDC, as they see it as a more stable asset.
Peter Schiff compared what gold has obtained from 2017 to now and what has occurred to Bitcoin. Peter Schiff, chief economist, market analyst, and critic of Bitcoin, takes badmouthing bitcoin as a usual...
According to a survey led by The Bank of America, Consumers are still interested in Bitcoin despite the recent price crash in the market. Investors still have interest in digital assets, even amid...
Central bankers in Kenya and Nigeria attacked digital assets but openly expressed their support for Central Bank digital currencies. Both Nigeria and Kenya have been African regions with a mutating relationship regarding digital...