Don’t Expect Carefully Researched Crypto Regulations
A senior researcher at the American Institute for Economic Research dissects the Biden administration’s executive order on crypto. Source
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Dont
Spanish Treasury Admits That Cryptocurrency Holdings Don’t Need to Be Declared Under Model 720 – Taxes Bitcoin News
Spain’s Ministry of Treasury has admitted that Spanish citizens are not forced by law to declare their cryptocurrency holdings under the disputed Model 720, which involves declaring funds held abroad. While the antifraud law approved last year established this duty, there are still no rules regarding cryptocurrency after Model 720
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Don’t Blame NFT Artists for Mining’s Environmental Cost, Says Researcher Kyle McDonald
Responsibility for Ethereum’s climate impact lies with institutions, not individuals, argues the emissions dashboard creator. Original Source
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We Don’t See That Crypto Could Be Used in Large-Scale Way to Evade Sanctions – Regulation Bitcoin News
The U.S. Department of the Treasury does not see that cryptocurrency could be used in a large-scale way to evade sanctions. “Its share as a medium for illicit finance is not anywhere as large as just using cash,” a senior Treasury official noted. Treasury Department’s View on Crypto Use to Evade
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You don’t need to be angry about NFTs – Cointelegraph Magazine
NFTs are blamed for everything from tacky art to economic inequality and environmental destruction. But, the arguments by critics don‘t add up, writes Something Interesting‘s Knifefight.“For every minute you are angry, you lose sixty seconds of happiness.”— Ralph Waldo EmersonToward the end of January, one of my favorite content producers
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Cardano Whales Devour Dip, Why They Don’t Care About Price Action
Despite the crypto market’s bloodshed, in the past few days, the Cardano (ADA) trading activity has been relentless, and its holders’ balance remains strong with a multi-year high. Into The Block data indicates that the wallet balance held by long-term Cardano holders hit a multi-year high on February 23. “Regardless of the
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Are Crypto Investors Savvy or Suckers? The UK’s Tax and Financial Regulators Don’t Agree
HMRC, on the other hand, assumes these same people are sophisticated investors capable of accurately keeping records of every single taxable event across a myriad of offshore exchanges, decentralized automated market makers, and lending and staking protocols. Source
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3 P2E games that don’t need Ethereum to make waves
The rise of blockchain-based play-to-earn (P2E) gaming was one of the leading stories in 2021 as games such as Axie Infinity exploded in popularity and players realized that they could make life-changing amounts of money while also having fun. Weekly number of games by blockchain. Source: Footprint AnalyticsAccording to data from
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Dave Portnoy Is Now A Bitcoiner, Thinks You’re An Idiot If You Don’t Hold Any
A few days ago, Dave Portnoy returned to Bitcoin with an almost $1.1M buy of 29.5 BTC. Today, he thinks “you are an idiot if it’s not part of your portfolio.” The Barstool Sports owner and main personality might have a point, but the whole situation is still funny. Especially,
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This Super Bowl, Don’t Trust Celebrity Crypto Endorsements (Don’t Trust Yourself, Either)
But there’s no equivalent in crypto, despite some transparency efforts. Everything a project writes about itself, from information about founders to the goals of the project and even some financial data, can be completely made up. The people behind the worst projects actively avoid jurisdictions where they might face consequences
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