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The Ministry of Economy of Kyrgyzstan submitted for public discussion amendments to the Tax Code governing the taxation of cryptocurrency mining. The corresponding bill was published on the official website of the government. In particular, it is proposed to establish a tax in the amount of 15% of the volume of electricity costs in the extraction of cryptocurrencies. According to the document, taxpayers are local and foreign organizations operating through a permanent establishment in Kyrgyzstan, and […]

On September 1, new user verification rules on the LocalBitcoins p2p platform came into force. The toughening of KYC / AML measures is connected with the new Finnish legislation, which the operator company must comply with. In the community, the innovations were somewhat wary, as they threatened privacy. So, if the annual trading volume (which is updated every hour) does not exceed 1000 euros, users must provide their full name, country […]

On the night of Wednesday to Thursday, five men brought the dead body of 35-year-old Abdul Shakur to a private hospital in Dehradun, India. He turned out to be the organizer of the cryptocurrency pyramid, the damage from the activities of which is estimated at 4.5 billion Indian rupees, reports Times Of India. So, already on Friday the police managed to arrest the suspects, who spoke about how the torture led to death […]

On September 2, the analytical resource CoinMarketCap will launch a new cryptocurrency rating system. Many assets fell significantly in the list during a test run. You've spoken, we've heard! We will be testing a change in our ranking methodology on Monday, Sept. 2, to represent all cryptoassets more fairly. Please see the full details here: https://t.co/oOFfcliqG5 ? We look forward […]

ForkLog and Waves summed up the results of the joint draw within the framework of the special project “Network Evolution from Web 1.0 to Web 3.0”. The user with the address 3PNwe8HcDXrATjzdHmnVdr8kxyq9hCsDKiv became the owner of the Ledger Nano S crypto wallet and 1000 Waves tokens. If this is your address, contact the Telegram @ConstantineFL admin for prizes. The drawing was held from August 17 to 30 among readers […]

CoinDesk analyst Sebastian Sinclair came to the conclusion that all altcoins from the top ten CoinMarketCap run the risk of a further fall in price. According to his observations, the most capitalized altcoins – Ethereum (ETH), XRP, Bitcoin Cash (BCH), Litecoin (LTC), Binance Coin (BNB), EOS, Bitcoin SV (BSV) and Stellar (XLM) – are trading below the 200-day moving average. Thus, in the market […]

The Telegram blockchain will be compatible with Ethereum thanks to a special compiler. This is reported by CoinDesk, citing developers of tools for the new network. TON Labs technology startup CEO Alexander Filatov said his team, in particular, is working on Solidity. This compiler will allow decentralized applications created for Ethereum to also run on the Telegram Open Network (TON) blockchain. "Maybe, […]

A new report by the European Central Bank (ECB) says that legal uncertainty can adversely affect stablecoins with a clear governance structure. In a document titled, “Looking for stability among crypto assets: are stablecoins a solution?” Fiat-tied assets are described as digital units of value. However, they are not a form of any particular currency, but rely on […]

Despite the continued stagnation of the market for the second month, the hashrate of the first cryptocurrency reached record highs. So, the aggregate computing power of the Bitcoin network reached 83.526 EH / s, updating the historical maximum. An indicator of the difficulty of mining digital gold has also reached new heights: Some analysts and patrons of Twitter are sure that you should not be saddened by the unimpressive dynamics of the BTC price, but look at the situation wider, […]