Russia’s Lower House Outlines Crypto Rules Debut In June, Activation By July ...
Russia is preparing to roll out its long‑awaited regulatory framework for cryptocurrencies, with lawmakers and regulators moving closer to defining how digital assets will be treated within the country. According to Anatoly Aksakov, head of the State Duma Committee on the Financial Market, the relevant legislative package is expected to be finalized by the end […]
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If passed the bill would amend tax laws to recognize digital currencies as a form of property.
With Taproot achieving the 90% critical consensus mark among mining nodes, all is now set for Bitcoin soft fork activation later in November. The Taproot upgrade has achieved the first significant milestone on the road to activation as 90% of the Bitcoin (BTC) mining hash rate signaled for the protocol improvement within the current difficulty epoch.Data from Taproot.watch, a webpage created by Bitcoin developer Hampus Sjöberg, shows the lock-in stage is now completed.All recognized mining pools signaled for the upgrade with Slush Pool being the first to do so. It is perhaps fitting that....
India’s new crypto tax policy is based on its gambling and lottery ticket win tax rules, that is set to come into effect from April 1. The Indian Finance Bill 2022 with new 30% crypto tax rules was approved by the Rajya Sabha, the upper house of the Indian parliament, to make it a law today that will come into effect starting on April 1.The approval of the bill by the upper house of the parliament comes within a week of the lower house (Lok Sabha) approval.The Finance Bill was introduced during the budget session 2022-23 of the parliament in January. The Finance Bill amended tax rules to....
On this episode of "The Van Wirdum Sjorsnado," the hosts discussed the lock-in on timeout (LOT) parameter for potential Taproot activation. The post Taproot Activation And LOT=True Vs. LOT=False appeared first on Bitcoin Magazine.
With Ether sinking below $2,000, the price of graphics cards has seen a further decline from June to July. Graphics processing units (GPUs) have become a little cheaper in July amid a continued downtrend in the price of Ether (ETH).According to a review by TechSpot, GPU prices across popular graphics cards are slightly lower in July than they were in June.The lower prices in July are a continuation of the steady decline in GPU prices since the onset of the current crypto market downturn.Indeed, with ETH tanking from over $4,000 in May to below $2,000, mining profitability has also tapered....