Crypto tax services in 2022: How to use them
Crypto tax is levied by the government on transactions done using cryptocurrencies be it digital assets or not. Crypto tax gives owners a headache when they realize they have to document their virtual transactions along with their regular ones. That’s where the use of Crypto tax services comes in, to find out exactly what you’re […]
Bitcoin Mining Pools: What are they and how do they work?
Mining Bitcoin can be done individually as a solo miner or collectively in the form of a mining pool. This article gives a detailed explanation of what Bitcoin mining pools are, how they work, and their benefits. Bitcoin mining pools are networks of distributed Bitcoin miners who cooperate to mine blocks together and distribute the […]
Prominent Crypto Figure Leaving Department of Justice
Nicholas Quaid, who was in charge of the Criminal Division’s second-in-command position, spent his almost two years at the DOJ developing the system for enforcing and passing laws about crypto crimes. According to a report from Bloomberg Law on Tuesday, a key figure in the process of making laws and prosecuting crypto crimes is leaving […]
Regulator in Abu Dhabi outlines its “guiding principles” for crypto
The FSRA, the financial regulator of Abu Dhabi Global Market free economic zone (ADGM) promises to abide by global safety standards. The Financial Services Regulatory Authority (FSRA), which oversees the financial sector in the free economic zone of Abu Dhabi Global Market (ADGM), released its “Guiding Principles” on how it approaches the regulation and supervision […]
Russia plans to implement cross-border crypto payment rules
According to a fintech specialist in the Russian State Duma, Russia may be the first nation in the world to permit cross-border cryptocurrency transfers while outlawing domestic cryptocurrency payments. On Tuesday, Russian Prime Minister Mikhail Mishustin gave the cabinet the official order to reach an agreement on crypto legislation in Russia by December 19, 2022. […]