A budget draft proposal submitted to parliament by Portugal’s Finance Minister Fernando Medina calls for taxing capital gains on cryptocurrency assets held by investors for less than a year.
Cryptocurrency exchange Crypto.com has made sizable efforts to downsize its workforce and brand partnerships during the bear market, reported Ad Age on Thursday.
Big Law attorneys are feeling free to buy cryptocurrencies—and some are doing so—as most firms lack policies that restrict investments in digital assets.
The U.S. government’s approach to crypto regulation will determine whether the industry evolves to flourish or flounders into obscurity.
According to CoinMarketCap, Terra Classic (LUNC) was the most profitable cryptocurrency of the week. In the past seven days, the token gained more than 50%, climbing in value from $0.000197 to $0.00035. The rise comes after two weeks of incessant decline, when LUNC lost 55% in value since mid-September.
Crypto Exchange Coinbase Fixes Technical Problem That Temporarily Halted Payments and Withdrawals From US Bank Accounts
Coinbase has fixed a technical problem that caused it to temporarily halt payments and withdrawals involving U.S. bank accounts.
The crypto exchange said on Sunday at 12:41 p.m. New York time (4:41 p.m. UTC) that the “incident has been resolved,” according to its system status page.