Palestinian militant organizations, including a Hamas-linked Islamist group, have been using a Moscow-based crypto exchange to transfer millions, a press report revealed. The U.S.-sanctioned platform, which allows customers to convert Russian cash to crypto and then withdraw fiat abroad, has been also serving criminal gangs and rich Russians, sources claim. Russian Exchange Allegedly Transfers Millions […]
Ferrari has reportedly begun accepting payment in cryptocurrency. The Italian luxury sports car manufacturer cited requests from both the market and dealers as the primary motivation for this decision. “This will help us connect to people who are not necessarily our clients but might afford a Ferrari,” said an executive of the company.
Ferrari Begins […]
Crypto classes organized for Ukrainians have begun on a government-run portal, a minister announced. More than 20,000 people have registered for the educational course in the war-torn country which maintains an objective to become “the best crypto jurisdiction.” Thousands of Ukrainians to Study About Bitcoin, Mining, and Smart Contracts Ukraine’s ‘Дія. Цифрова освіта’ (Diia Digital […]
The Dutch central bank has imposed a fine on crypto exchange Coinbase for providing services in the past without the necessary registration. The trading platform, which has until March to object to the measure, is currently considering an appeal against the move. Dutch Monetary Authority Fines Coinbase for Operating Without Registration De Nederlandsche Bank (DNB) […]
Major Portuguese banks have started closing or refusing to open accounts for cryptocurrency platforms such as exchanges, according to media reports. The move threatens to tarnish the country’s image as one of Europe’s most crypto-friendly destinations, a haven for bitcoin enthusiasts.
Portuguese Crypto Firms Hit by Bank Account Closures
Portugal, a leading European crypto […]
Cryptocurrency is an incredibly distracted microcosm, and if you’re part of the carnival, chances are you’re drowning in a deep backlog of articles, newsletters, Telegram and Discord messages, and more– and it feels like you’re being pulled in dozens of directions simultaneously. And, pardon the assumption here, you have a sneaking suspicion that many of […]
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Two proposals to tax crypto assets have failed to gain support from Portuguese lawmakers who are now discussing the state budget. The bids came from minority left-wing parties, while the ruling majority is yet to put forward its own draft to regulate the matter. Portuguese Lawmakers Stop Motions to Tax Crypto Gains Members of the […]
Portugal, one of the countries considered a crypto tax haven due to its absence of crypto-related taxation, is preparing to change this policy. Fernando Medina, minister of finance of Portugal, stated that the country is working on a framework to allow the taxation of cryptocurrency income gains following the principles of “justice” and “efficiency,” and […]
As bitcoin and a number of crypto assets have dropped in value during the last two weeks, its seems that everyone’s hope for six-digit bitcoin prices has become unattainable. However, year-to-date, bitcoin has risen more than 150% in value and despite the rise, skeptics and critics continue to assume bitcoin is dead. In fact, the […]
The Israeli intelligence service, Mossad, is now looking to hire someone who understands digital currencies. According to the job posting, the role requires extensive expertise in the field of financial technologies. Mossad Recruiting Expert With Fintech Background Israel’s Institute for Intelligence and Special Operations, Mossad, is seeking an expert with a deep understanding of cryptocurrencies […]
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