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Portugal considering capital gains tax for cryptocurrency

Portugal considering capital gains tax for cryptocurrency

The minister of finance confirmed on Friday during a working session that crypto assets will be subject to taxation in the near future.

The post Portugal considering capital gains tax for cryptocurrency appeared first on The Block.

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Japan’s largest investment bank Nomura to launch crypto arm, FT reports

Nomura plans to have around 100 people working for the new company by the end of 2023.

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Celsius announces plans for an IPO of its bitcoin mining subsidiary

The crypto lending platform has revealed plans to list its mining subsidiary on the stock market.

The post Celsius announces plans for an IPO of its bitcoin mining subsidiary appeared first on The Block.

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Spotify starts trialing NFTs on its platform, Music Ally reports

The streaming giant is trialing NFT promotions but won’t be selling NFTs directly on its platform.

The post Spotify starts trialing NFTs on its platform, Music Ally reports appeared first on The Block.

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Polygon, Juno and Fantom blockchains try to lure Terra’s projects

Other blockchains are advertising themselves to developers closing their shops on Terra after its collapse.

The post Polygon, Juno and Fantom blockchains try to lure Terra’s projects appeared first on The Block.

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DeFi lender left with $35 million bad debt after quoting depegged stablecoins at $1

The DeFi platform Scream has racked up a significant amount of bad debt after hardcoding the price of depegged stablecoins to $1.

The post DeFi lender left with $35 million bad debt after quoting depegged stablecoins at $1 appeared first on The Block.

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Binance’s LUNA investment, which peaked at $1.6 billion, now worth just $3,000

Even though Binance lost nearly all of its initial investment, it still turned a profit from its staking yield.

The post Binance’s LUNA investment, which peaked at $1.6 billion, now worth just $3,000 appeared first on The Block.

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Luna Foundation Guard breaks silence on state of Terra reserves, looks to compensate users

LFG said it would look to compensate users for losses suffered due to the breakdown of its algorithmic stablecoin. 

The post Luna Foundation Guard breaks silence on state of Terra reserves, looks to compensate users appeared first on The Block.

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Grayscale set to roll out first European ETF

It will list on the London Stock Exchange, Borsa Italiana and Deutsche Börse Xetra and be passported for sale across Europe.

The post Grayscale set to roll out first European ETF appeared first on The Block.

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Nayib Bukele says 44 countries to meet in El Salvador to discuss bitcoin

Numerous developing countries are set to meet in El Salvador on Monday to discuss bitcoin, among other things, says President Nayib Bukele.

The post Nayib Bukele says 44 countries to meet in El Salvador to discuss bitcoin appeared first on The Block.

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