The Australian Taxation Office (ATO) has announced that people involved in wrapping or unwrapping cryptocurrency tokens will face capital gains tax (CGT). This tax will be imposed regardless of the tokens’ market value during the wrapping or unwrapping. Essentially, any gains or losses arising from these transactions will now be subject to taxation by the ATO.Continue Reading
A surge of 12% in XRP followed a misleading BlackRock filing that hinted at the asset manager establishing an XRP exchange-traded product. Continue Reading
The Bitcoin mining sector achieved its highest annual earnings on November 12, surpassing $44 million in combined block rewards and transaction fees.Continue Reading
Bitcoin and altcoins have experienced significant inflows this year, with the issue of a potential Bitcoin supply shortage still under consideration, as the ETF approvals and halving beckons. Continue Reading
The introduction of this new trading feature coincides with a notable increase in interest in cryptocurrency financial products in the United States.Continue Reading
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