NEW: 🇦🇪 The UAE has introduced new VAT rules for business-related crypto payments.
Companies must convert the value of the digital currency into dirhams for disclosure purposes in their tax return, following a three-step system.
They must also retain records of EVERY exchange rate used.
Approved platforms include Binance, Bybit, Deribit, Bitget and Payward.
@headlines
Companies must convert the value of the digital currency into dirhams for disclosure purposes in their tax return, following a three-step system.
They must also retain records of EVERY exchange rate used.
Approved platforms include Binance, Bybit, Deribit, Bitget and Payward.
@headlines
🚨Leaked Ripple Docs Name Uber and Airbnb as Prime Use Cases for Instant Worker Payouts
➡ Read More
➡ Read More
JUST IN: 4,000 Bitcoin worth $320 million withdrawn following Liquid Network hack.
The hacker is now communicating with network maintainers through on-chain Bitcoin transactions & intends to return the $BTC after the vulnerability is fixed.
@headlines
The hacker is now communicating with network maintainers through on-chain Bitcoin transactions & intends to return the $BTC after the vulnerability is fixed.
@headlines
🚨Vitalik Buterin Rejects Claim That AI Could Crash Bitcoin by 50%
➡ Read More
➡ Read More
🚨HUGE: STH Bitcoin whales have NEVER been this profitable in nearly a decade.
Unrealized profits for Short-term Bitcoin holders just hit a record $9.07 BILLION, the highest level since 2016.
That massive paper gain could become a major source of selling pressure if BTC wobbles, as STH whales have historically been among the fastest to take profits, says Cryptoquant analyst.
@headlines
Unrealized profits for Short-term Bitcoin holders just hit a record $9.07 BILLION, the highest level since 2016.
That massive paper gain could become a major source of selling pressure if BTC wobbles, as STH whales have historically been among the fastest to take profits, says Cryptoquant analyst.
@headlines
⚡️UPGRADE: Ethereum commits to enable users pay gas fees with stablecoins, even without holding ETH.
Under EIP-8141, an app or another wallet could pay the Ethereum gas fee for users and charge them in stablecoins instead.
This means users could send stablecoins even with ZERO ETH in their wallets.
Frame Transactions could also combine approvals and swaps into one transaction and allow users to upgrade their wallet security, including protection against future quantum threats, without moving funds to a new address.
The feature is planned for Ethereum’s 2027 Hegotá upgrade.
@headlines
Under EIP-8141, an app or another wallet could pay the Ethereum gas fee for users and charge them in stablecoins instead.
This means users could send stablecoins even with ZERO ETH in their wallets.
Frame Transactions could also combine approvals and swaps into one transaction and allow users to upgrade their wallet security, including protection against future quantum threats, without moving funds to a new address.
The feature is planned for Ethereum’s 2027 Hegotá upgrade.
@headlines
🚨Ethereum Targets Full Quantum-Resistant Layer 1 (L1) by 2029-Endzz
➡ Read More
➡ Read More
JUST IN: 🇩🇪Germany’s Finance Ministry wants a 25% TAX on crypto profits, which could start as early as 2028.
The ministry expects to collect an extra €160 MILLION in 2028, rising to €350 MILLION a year by 2031.
Currently, private investors can sell crypto tax-free after holding it for more than one year.
Under the proposal, profits would be taxed at 25% no matter how long investors hold their crypto.
Crypto profits would be treated more like stock investment gains, replacing the current system that generally taxes short-term gains at personal income tax rates.
The proposal still needs approval.
Final rules on whether existing holdings would keep their tax benefits remain unclear.
@headlines
The ministry expects to collect an extra €160 MILLION in 2028, rising to €350 MILLION a year by 2031.
Currently, private investors can sell crypto tax-free after holding it for more than one year.
Under the proposal, profits would be taxed at 25% no matter how long investors hold their crypto.
Crypto profits would be treated more like stock investment gains, replacing the current system that generally taxes short-term gains at personal income tax rates.
The proposal still needs approval.
Final rules on whether existing holdings would keep their tax benefits remain unclear.
@headlines
Iran is turning to USDT to beat US sanctions.
Nearly $10 BILLION in crypto reportedly moved through Iran last year.
USDT is becoming a key tool for Iranian cross-border payments with
- Iran easing FX restrictions so businesses can use crypto for cross-border payments
- Iran's largest exchange handling 50%+ of crypto inflows in 2025
Meanwhile:
- US authorities have already frozen nearly $500 MILLION in regime-linked crypto
- Tether alone froze $344 MILLION in USDT linked to Iran's central bank
@headlines
Nearly $10 BILLION in crypto reportedly moved through Iran last year.
USDT is becoming a key tool for Iranian cross-border payments with
- Iran easing FX restrictions so businesses can use crypto for cross-border payments
- Iran's largest exchange handling 50%+ of crypto inflows in 2025
Meanwhile:
- US authorities have already frozen nearly $500 MILLION in regime-linked crypto
- Tether alone froze $344 MILLION in USDT linked to Iran's central bank
@headlines