Tokocrypto, the official Crypto Asset Trader platform in Indonesia, carries out regulations and regulations related to the digital asset industry in Indonesia. One of the regulations that have been implemented is the crypto asset transaction tax. The government has issued Minister of Finance Regulation (PMK) Number 68/PMK.03/2022 concerning Value Added Tax and Income Tax on […]
Known for his penchant for cryptocurrencies, Elon Musk, who is now the CEO of the Twitter app is seen to have applied for a regulatory license in the United States to introduce a payment system that could include Bitcoin (BTC) and other cryptocurrencies, according to a Financial Times report (31/1/ 23). Twitter is working on […]
February remains quite an important month for Shiba Inu [SHIB]. The entire SHIB community is eagerly looking forward to the launch of Shibarium. With its launch, trillions of SHIB tokens are expected to be eliminated/burned in the coming months. Now, all of these factors could boost the price of Shiba Inu. So, the question is, how high can […]
Montenegro’s Prime Minister, Dritran Abazonic, has announced that the country’s central bank is partnering with Ripple to develop a central bank digital currency (CBDC). The country’s Prime Minister had reportedly met with Ripple CEO Brad Garlinghouse and Vice President James Wallis while in Davos, Switzerland for the recent World Economic Forum. The country currently has no national currency of […]
FTX’s demise caused massive disruption and a severe impact on the entire market. Justice was partially served after Sam Bankman-Fried was arrested. Yet, he was granted a whopping $250 million bail and is currently under house arrest. While his parents were part of this bond, the other two guarantors remained under wraps. However, that might change soon going forward. According […]
US federal prosecutors have seized nearly US$700 million in cash, stock and assets related to FTX Founder Sam Bankman-Fried, who is suspected of misappropriating customer funds. Most of the funds seized were in the form of Robinhood shares owned by Sam Bankman-Fried. John Ray, who succeeded Bankman-Fried as CEO to guide FTX’s restructuring, was trying […]
Cryptocurrencies are gaining popularity day by day. The ease of making payments and the sending and receiving of funds has been one of the reasons for this popularity. Every now and then we witness payment merchants collaborating with others to incorporate cryptocurrency payments. In one of the recent announcements, it has come to light that a […]
Huobi Global is currently facing a critical situation, in which the USDD stablecoin price continues to fall and loses its peg (depeg). According to research from data provider Kaiko, Justin Sun, who is the founder of Huobi Global, has lost 18 percent of its volume market share since 2020 and must rack his brains to […]
Banque de France governor Francois Villeroy de Galhau is advocating for stricter regulations for crypto companies in France, according to a Bloomberg report. This will lead to the European Union Law on Crypto Asset Markets (MiCA), which will establish a licensing system for crypto trading and is expected to be made in February for its […]
The Commodity Futures Trading Supervisory Agency (Bappebti) revealed that the transaction value of crypto assets from January to November 2022 reached IDR 296.66 trillion, down compared to 2021 which amounted to IDR 859.4 trillion. “There is a decline of more than 50 percent,” said Acting Head of CoFTRA at the Ministry of Trade Didid Noordiatmoko […]