The Biden administration recently unveiled its proposed budget for 2025, containing significant provisions aimed at regulating digital assets. These regulations are projected to result in an increase of nearly $10 billion in tax revenue by 2025. The primary objective of these measures is to address a loophole that has allowed affluent crypto investors to exploit
Taxes
Binance, a popular cryptocurrency exchange platform, has found itself in the midst of controversy in Nigeria following its settlement with the U.S. Department of Justice. The House of Representatives Committee on Financial Crimes in Nigeria has issued an ultimatum to Binance CEO Richard Teng to appear before the committee by March 4. The committee, led
In a recent strategic move ahead of the upcoming general elections, South Korea’s ruling party, the People Power Party (PPP), has announced plans to push for a further two-year delay in the implementation of crypto taxation. This decision, revealed during a press conference on Feb. 19, aims to explore the possibility of postponing the commencement
As the cryptocurrency market continues to evolve, investors are constantly on the lookout for quick near-term gains. While blue-chip cryptocurrencies like Bitcoin may offer stability, micro-cap markets present an opportunity for exponential growth in a short period of time. These markets are often characterized by tokens with small market capitalizations and limited liquidity, making them