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The 3 most common US crypto tax questions

With another US tax season in full swing, many crypto users are wondering:Do I need to pay taxes on my crypto?What tax rates...

Sanctions Against Russia Prompt New Crypto Regulations In US And EU

Lawmakers and regulators on both sides of the Atlantic discuss how to enforce financial sanctions against Russia in the age of decentralized currencies. Cryptocurrencies risk undermining sanctions against Russia, allowing Putin and his cronies to evade economic pain. U.S. financial regulators need to take this threat seriously and increase their scrutiny of digital assets. https://t.co/4lCUNcUC29 […]

The post Sanctions Against Russia Prompt New Crypto Regulations In US And EU appeared first on CryptoCoin.News.

EU Removes Proof-of-Work Ban on Crypto Regulation

Top Crypto Futures and Derivatives Platforms For Investors

The proposed legislation aiming to regulate the European crypto space to prevent cryptocurrencies that rely on proof-of-work (PoW) mining has been scrapped by the European Union lawmakers. The move comes after the decision sparked objection from the crypto community.  Rumors of banning cryptocurrencies with PoW mining, such as Bitcoin are missing in the latest framework published by the EU’s Market in Crypto Assets (MiCA). The proposed bill sought to enforce oversight of the crypto industry, including the introduction of a licensing scheme for service providers and regulations for stablecoins.  The EU Parliament was expected to approve the proposed legislation on February 28 and had also decided to ban the network from January 2025, however, the vote had to be postponed to address concerns raised by the representatives of crypto space.  Stefan Burger has confirmed that the bill has been completely removed, although, the vote has been rescheduled. Additionally, climatic concerns have been weighing on Europe. In 2021, Sweden’s financial regulator had proposed a recommendation to ban Bitcoin mining and other PoW coins, arguing about the energy expenditure. 

The post EU Removes Proof-of-Work Ban on Crypto Regulation appeared first on Cryptoknowmics-Crypto News and Media Platform.

Japanese Financial Giant Nomura to Launch New Digital Asset Division

Japanese Financial Giant Nomura to Launch New Digital Asset Division

Japanese financial giant Nomura has announced its plans to launch a new digital asset division to look into the potential opportunities in the crypto sector. Nomura to Explore Crypto, NFTs With New Unit According to an official announcement, Nomura Holdings will be restructuring its Future Innovation Company into a new Digital Company, which will begin operations starting next month. With the new unit, the company will explore the possibilities of cryptocurrency, NFTs, security tokens, alongside technologies such as distributed ledgers to expand its private markets businesses. With a whopping value of almost $432 billion in total assets from the past year, Nomura might become one of the largest investors in blockchain technologies from the Asian region, alongside Animoca Brands. Commenting on the development, Nomura President and Group CEO, Kentaro Okuda, said: “Digital technology is a critical part of our strategic drive to expand our operations in private markets. The new Digital Company will lead deeper collaboration among internal and external stakeholders, accelerate our uptake of digital technologies, and enhance our client services.” Japan’s Budding Crypto and the NFT Market NFTs are becoming increasingly popular in Japan, despite the country having the most rigorous crypto regulations. For instance, Nomura Holdings recently became the latest Japanese financial company to explore NFTs. Similarly, Rakuten, a Japanese e-commerce company, announced the launch of its own NFT trading platform, Rakuten NFT, last week. Earlier last month, Japan’s largest bank Mitsubishi UFJ Financial Group (MUFG), announced it would terminate its three-year-old blockchain payment project to focus on issuing a Yen-backed stablecoin.

The post Japanese Financial Giant Nomura to Launch New Digital Asset Division appeared first on Cryptoknowmics-Crypto News and Media Platform.

Crypto at War

A horrendous conflict offers us insights into the best and worst parts of cryptocurrency.

Let’s not mince words here: what’s happening in Ukraine is absolutely awful. A completely unnecessary war that’s killing thousands, wounding tens of thousands and displacing millions. All at the whim

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Its Investigation of Ericsson (ERIC) on Behalf of Investors

LOS ANGELES–(BUSINESS WIRE)–Glancy Prongay & Murray LLP (“GPM”), a leading national shareholder rights law firm, continues its investigation on behalf of Telefonaktiebolaget LM Ericsson (“Ericsson” or the “Company”) (NASDAQ: ERIC) investors concerning the Company’s possible violations of the federal securities laws. If you suffered a loss on your Ericsson investments or would like to inquire […]

The post Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Its Investigation of Ericsson (ERIC) on Behalf of Investors appeared first on Fintech News.

Is It Time to Rethink How AI Technology Is Applied to Data…

In this free webinar, learn how a human-computer team uses artificial intelligence (AI) technology along with the clinical expertise and complex problem-solving ability of humans. The result of this...

(PRWeb March 03, 2022)

Read the full story at https://www.prweb.com/releases/is_it_time_to_rethink_how_ai_technology_is_applied_to_data_abstraction_upcoming_webinar_hosted_by_xtalks/prweb18531952.htm

Retail Banking Technology Trends: What Does the Future Hold?

With AI, machine learning, and big data initiatives driving change, financial institutions look to these technologies to optimize processes and improve customer experience.  But what are the technologies used in banking today? And which ones should financial institutions prioritize moving forward? In this article, we explore key retail banking trends that every financial expert should […]

The post Retail Banking Technology Trends: What Does the Future Hold? appeared first on SDK.finance - White-Label Digital Core Banking Software.

Crypto Investing Myths Debunked | Bitcoin IRA

Bitcoin, Ethereum, Cryptocurrency, Investing Myths Debunked What started as an underground asset class for the computer savvy has turned into a household name. Interest in cryptocurrencies has exploded, and with it, some myths and misconceptions about the space. If you have ventured beyond Yahoo News or the Wall Street Journal to learn how to invest […]

The post Crypto Investing Myths Debunked | Bitcoin IRA appeared first on Bitcoin IRA | Official Bitcoin Retirement Account Investment.

Leading Japanese wealth managers sets up crypto unit

Nomura Holdings, one of the biggest wealth managers in Japan, is setting up a…

The post Leading Japanese wealth managers sets up crypto unit appeared first on Coin Journal.

Is Crypto Lending Safe? 4 Key Rules to Follow

Crypto lending has been popularized following the massive adoption of cryptocurrencies over the past few years. As a result, crypto lending platforms such as CoinRabbit have sprung up to offer several crypto loans to crypto investors. The entire concept of crypto lending allows both veterans and beginners to access financial services within the cryptocurrency world. This […]

The post Is Crypto Lending Safe? 4 Key Rules to Follow first appeared on CoinRabbit.

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