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Australian Tax Office says it can't rely on crypto users' own records
“Our main concern is that many taxpayers believe their cryptocurrency gains are tax-free or only taxable when the holdings are cashed back into Australian dollars,” said the ATO commissioner.
Bitcoin overtakes Paypal on value transferred, sets sights on Mastercard: Report
Blockdata’s report suggests that the Bitcoin network could potentially match the dollar value transferred on Mastercard’s network as early as 2026, or as late as 2060.
The future is Bitcoin according to South Park creators
“It’s the future — we’ve all decided centralized banking is rigged so we trust more in fly-by-night Ponzi schemes,” said the motel clerk accepting Bitcoin as payment.
UK Law Commission affirms English and Welsh laws apply to smart contracts
“The Law Commission’s analysis demonstrates the flexibility of the common law to accommodate technological developments, particularly in the context of smart legal contracts,” said the announcement.
Axie Infinity virtual land slot sells out for 550 ETH
According to the game's developers, it's the largest sum ever paid for virtual real estate.
Has Bitcoin solidified support at $58K and what’s going on with the Metaverse boom? | Find out now on The Market Report w/ Michaël van de Poppe.
“The Market Report” with Cointelegraph is live right now with special guest Michaël van de Poppe, founder and CEO of Eight Global.
Ethereum bulls likely to profit $130 million on ETH options despite two-week slump
$1.25 billion in ETH options expire on Nov. 26 and bulls are better positioned above $4,200.
Russians transact $5B in crypto each year, Bank of Russia says
Though Russia has become a global leader in the crypto market, the Bank of Russia is still skeptical about Bitcoin.
Bitcoin bulls risk losing $365 million upon Friday’s BTC options expiry
Nearly $3 billion in BTC options expire on Nov. 26, and bears are better positioned below $58,000.
DeFi privacy project Panther raises $22M in 1.5-hour public sale
Panther's public sale involved 5% of the total ZKP supply, with 15% being sold via seed, pre-seed and private funding.