Spain’s finance ministry is set to expand its controls over domestic cryptocurrencies to allow it to seize digital assets to settle tax debts. A proposed legislative reform to general tax law would give the Spanish National Tax Service the power to identify and take over cryptocurrency assets owned by taxpayers with overdue debt. The move follows a royal decree that came into effect on February 1 expanding the agencies authorized to collect taxes on behalf of the government. The Treasury also plans to combat tax evasion by requiring banks and electronic money institutions to report all card transactions. Spanish residents…
Author: Crypto Flexs
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Welcome to the ultimate guide to LibertyCoin, the revolutionary cryptocurrency that is changing the way we think about money and finance. In this guide, we’ll take a look at LibertyCoin’s origins, key features, and how it is changing the world of digital currencies. Origin of Liberty Coin LibertyCoin was created in 2017 by a team of blockchain and cryptocurrency experts who are passionate about creating a truly decentralized and secure digital currency. The goal was to provide a payment system independent of traditional banking systems and government controls, allowing users to transact freely and safely. Main features of Liberty Coin…
In the evolving contemporary art landscape, few artists capture the essence of change and permanence as powerfully as Ryan Koopmans and Alice Wexell. Their artwork bridges the gap between the natural world and urban decay. They delve into the heart of abandoned places and transform them into digital masterpieces that question the boundaries between reality and digital artificiality. Together, they explore the concepts of heritage and preservation in the digital age by recording their work on Bitcoin’s immutable ledger. Their latest work ‘The Origin’ demonstrates their innovative approach to digital art. Combining photography, digital manipulation, and Bitcoin ordinal technology to…
Technology • February 5, 2024, 10:48 AM EST Posted 1 minute ago In ~ Crypto mobile payments company Oobit has secured $25 million in Series A funding in a round led by Tether, Solana co-founder Anatoly Yakovenko, CMCC Global and 468 Capital, the company said in a statement.Founded in 2017, Oobit seeks to eliminate “merchant friction” and provide functionality similar to Apple Pay, allowing consumers to utilize the app to pay for goods and services with cryptocurrency.“Tether’s strategic investment in Orbit highlights our unwavering commitment to welcoming new users to the cryptocurrency ecosystem,” Tether CEO Paolo Ardoino said in a…
SOHOTRN (SOHOT), a cryptocurrency operating on the Ethereum platform, has been making waves in the cryptocurrency market since its launch in January 2024. With a total token supply of 1 billion and a self-reported circulating supply of 800 million, SOHOTRN has shown remarkable performance, especially considering its recent price surge. SOHOTRN Market Statistics As of last update, SOHOTRN is trading at $0.0011328866103326478 and has registered an impressive 49.92% increase in the last 24 hours. This surge is part of a broader trend, with the coin rising 17.69% over the past 60 and 90 days and 15.66% over the past week.…
Ethereum (ETH)The second-largest cryptocurrency asset, several prominent analysts in the cryptocurrency industry are predicting that the market will see a price surge in the coming months as it shows bullish momentum. Ethereum is likely to go parabolic in the coming months. Altcoin Daily cryptocurrency analysts have revealed three key factors that could push Ethereum prices higher in the coming months. Analysts have recently shared some bullish insights on ETH. illustration – On YouTube “Ethereum price is still ready to explode.” According to analysts at Altcoin Daily, Ethereum is expected to reach $4,000 in the next three to six months. One…
In the cryptocurrency market, there have been significant price movements for the Ronin Network’s RON token over the past day, sparked by major exchange Binance’s announcement that it will list the token. Following this news, RON initially surged more than 30%, close to an all-time high, but then plunged nearly 20% due to profit-taking. TLDR Binance announced that it will list the Ronin Network’s RON token on February 5th. The price of RON surged more than 30% on the news, nearing an all-time high of $3.51. Hybrid cryptocurrency exchange Pullix (PLX) continues to make progress toward its beta launch and…
The Financial Supervisory Service (FSS), the head of Korea’s Financial Supervisory Service, plans to meet with U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler to discuss spot Bitcoin ETFs. According to local publications HankyungLee Bok-hyeon, head of the Financial Supervisory Service, announced this year’s business plan on the 5th, including visiting ‘advanced financial markets’ such as New York. Lee also revealed plans to meet with SEC Chairman Gensler with topics including “important” topics on virtual assets and spot Bitcoin ETFs. South Korean regulators have taken a cautious approach toward Bitcoin ETFs. In January, the Financial Services Commission reiterated that…
The chief executive of a cryptocurrency asset management firm said the financial hardships experienced by most Americans have led them to seek greater risk in altcoins for a chance to profit. Ikigai CIO Travis Kling said on social media platform According to Kling, the American dream is no longer as easy to achieve as it once was. pushing Younger Americans are investing in riskier cryptocurrency assets such as memecoins. “The idea that the cost of living is suffocating most Americans; More and more people are being denied opportunities for upward mobility. Median home price divided by median income is completely…
Legal • February 5, 2024 7:43 AM EST Posted 1 minute ago In ~ Han Chang-jun, former chief financial officer (CFO) of Terraform Labs, a cryptocurrency company who worked with co-founder Do Kwon, was extradited from Montenegro to Korea following a decision by the Balkan Ministry of Justice.The Montenegrin Ministry of Justice said on this day, “Today, we took action in accordance with Korea’s request, and in accordance with the Ministry of Justice’s decision, we handed over Han Chang-jun to the competent authorities of his home country.” Today is account X. Repatriation of Han Chang-jun. Image: Ministry of Justice of…