Thai government excludes cryptocurrency transfers from VAT
Thai government excludes cryptocurrency transfers from VAT until year-end 2023 Thailand’s government has exempted cryptocurrency transfers from value-added tax (“VAT”) until the end of 2023, according to a report from the Bangkok Post on Thursday. Specifically, a VAT of 7% on crypto or digital asset…
This Week’s Top Bitcoin and Crypto News
This Week’s Top Bitcoin and Crypto News Terra is launching a new blockchain with a new luna token. Seth Green’s animated show starring his stolen NFT is up in the air. The largest stablecoin issuer in the world launched a token for the Mexican peso….
The Largest Stablecoin
The Largest Stablecoin USDT, the largest stablecoin by market cap at $73.2B, having emerged from the recent fiasco involving the collapse of Terra (UST) with some bruises, briefly touching the $0.95 mark, is now set to obtain a Mexican counterpart. MXNT, a new stablecoin issued…
Amid the cryptocurrency debacle, it’s time to give the dollar its due
Amid the cryptocurrency debacle, it’s time to give the dollar its due The collapse of the TerraUSD stablecoin this month is reverberating throughout the cryptocurrency world at a time when the market capitalization of Bitcoin and other digital currencies has fallen by about 65 percent…
WHY PEOPLE WILL CONTINUE TO PURCHASE CRYPTOCURRENCY
WHY PEOPLE WILL CONTINUE TO PURCHASE CRYPTOCURRENCY Here’s why people will continue to purchase and maintain their cryptocurrency assets Decentralized digital currencies have had their fair share of criticism from policing institutes to average investors alike. The former believe the platforms allow for fraud and…
Nvidia Shares Tumble At The End Of Q1
Nvidia Shares Tumble At The End Of Q1 Cryptocurrency Mining Chip Producer Nvidia Reports Significant Profits After Decline The American Chip developing company Nvidia attests to its dip in shares due to the CMP (Cryptocurrency Mining Process) sales decline. The company stated that its 52%…
Crypto Applications — a Useful Tool for a Cryptocurrency Trader
Crypto Applications — a Useful Tool for a Cryptocurrency Trader People who have decided to try themselves in investing pursue one main goal — to increase their income. Trading requires constant analysis and monitoring, and that’s why stock market players need to track all their…
UNDERSTANDING THE VALUE OF A CRYPTOCURRENCY
UNDERSTANDING THE VALUE OF A CRYPTOCURRENCY Cryptocurrency is currently one of the most important debates in the global financial markets Given how volatile cryptocurrency is, you might be wondering what makes it valuable. It’s not uncommon for Bitcoin’s price to fluctuate by 5% or even…
Colorado’s summer experiment
Colorado’s summer experiment and the race to be the most crypto-friendly state DENVER — Even for the skeptics, cryptocurrency has become hard to ignore, especially in Colorado. It’s total transaction volume grew to 15.8 trillion in 2021, which is more than 500 percent from totals…