Author: Donald Munn
Nordcoin Mining is a company that has been manufacturing mining equipment since 2017. Specifically, it builds and provides high-end cryptocurrency mining infrastructure services for medium and large-sized companies. Nordcoin Mining company’s big news The product made by Nordcoin Mining is the so-called Mobile Mining Containers (MMC), which are containers that are in effect mobile mining facilities, perfect especially for those who want to start a modular and scalable mining business. Cryptocurrency mining requires more and more professional equipment, and Nordcoin Mining’s constantly upgraded containers are ready for the global market. In fact, due to the rapid growth of the cryptocurrency…
Every year in Southeast Asia important kermesses for the crypto world are celebrated. This is the case again this year, in spite of the events that have shaken balances and markets of crypto assets. Crypto Bali Week: the crypto event at the end of August At the turn of the summer, there are events such as the Crypto Expo, which took place in June in Singapore, Coinfest Asia in Bali, Indonesia, Asia Crypto Week – Token2049, which will also take place in Singapore next September, and so on. Among these, one event that looks very interesting and exciting is Crypto…
The Italian Revenue Agency in a circular clarifies doubts regarding the income tax return from cryptocurrency, in case the platform is Italian. The tax return from cryptocurrency income in Italy Taxation on profits from cryptocurrency trading From a regulatory and especially fiscal point of view, there is still some confusion or at least a lack of clarity on what is the methodology for income tax return in regards to cryptocurrency trading. The Revenue Agency with Notice 956-448/2022 seems to have clarified at least one point about the declaration of the Rw form. Regarding investments abroad, it was thought it should…
This week’s guest on the Cardano SPO Column is a stake pool based in Brazil, that supports education and diversity in the Cardano Community: Cardanistas StakePool [CARDS]. Last week’s guest was a stake pool operated by Jochen who is working on several projects in the ecosystem and whose mission is to plant trees. This initiative is a point of reference for everything Cardano and every week or two we will invite a Stake Pool Operator (SPO) to answer some questions and give us an update directly from within the Cardano community. Considering that many of our readers are new to…
Starting in September 2021, crypto regulation around the world has evolved, although there are still plenty of countries without specific cryptocurrency regulation. The latest in crypto regulation The dynamic that is emerging globally the most is not, unlike many fear, a ban or severe restriction, but rather more of a significant elevation in the tools of control. Only China, among the large global financial markets, has actually banned cryptocurrencies, although this ban is actually more than a year old. In India, for example, they seem to have given up trying to ban them, choosing instead to regulate them. The key…
After months of negotiations and rumors, at last the news that so many have been waiting for has arrived, namely that of the agreement between Asics, a Japanese sportswear company, and StepN, a company specializing in fitness gamification on blockchain. Partnership between StepN and Asics confirmed Asics launched a limited-edition NFT sneaker collection in recent weeks with the StepN running app on the Binance NFT Marketplace, which is participating as a partner in the initiative. The new collection has reportedly been more successful than anticipated on the eve of the launch. The StepN x Asics NFT Sneaker Mystery Box collection,…
Nigeria seeks to increase adoption of the eNaira CBDC. Currently, there are 840,000 active users, and the African state has set a goal to increase that number by 10x within the next 12 months. Nigeria is in the second phase of promoting the eNaira CBDC According to reports, it appears that Nigeria is looking to increase the adoption of eNaira, a Central Bank Digital Currency (CBDC). Currently, in fact, it appears that only 840,000 users have downloaded the app to use it. The government’s goal is to reach 10x that number, attracting especially those citizens who do not have bank…
SPONSORED POST* Cryptocurrency exchange WhiteBIT is launching its WBT token. It is yet a further step for the company’s development and expansion, having gone from a small startup to Europe’s largest cryptocurrency exchange in just four years. The launch of its own token introduces new opportunities and makes it a useful and reliable asset not only for loyal users of WhiteBIT, but also for newcomers. In particular, for beginners WhiteBIT has provided rewards for being active on the platform, trading contests, endrops, and listings on other exchanges. In addition, the launch of the WBT token will facilitate the formation of…
In Colombia, the new government of President Gustavo Petro wants to create a national digital currency to prevent tax evasion in the country. Colombia: new government wants to establish a new national digital currency According to reports, the new Colombian government with President Gustavo Petro, wants to create a national digital currency, or CBDC, to prevent tax evasion and all illicit financial activities in the country. This was stated by Luis Carlos Reyes, head of Colombia’s National Tax and Customs Authority, who also said that the national digital currency would also aim to facilitate transactions for citizens. Specifically, the creation…
The Ministry of Economic Development of the Russian Federation has said that the decline in GDP in Russia will be less severe than expected, and inflation will also be lower, compared to estimates for the UK and the rest of Europe. Vladimir Putin, the Russian president, is blaming the US for the effects of their “global economic hegemony”. Russia: GDP and inflation less severe than expected According to reports, it appears that despite the continuing war in Ukraine (as of today there have been 6 months of war), Russia’s GDP and inflation will be less severe than expected. This is…