The Financial Stability Board and the International Monetary Fund are preparing to release a document urging worldwide cooperation on cryptocurrency policies during the upcoming G20 summit scheduled for this weekend.
The report noted that the news of SpaceX, led by Elon Musk, writing off a portion of its Bitcoin holdings in the previous quarter, played an added role in fueling the correction within the cryptocurrency markets in August.
The authorization establishes Coinbase as the pioneering crypto-centric platform to provide regulated and leveraged cryptocurrency futures in conjunction with conventional spot trading.
The Polis administration has said Colorado is the first state in the country that has started accepting cryptocurrency to pay taxes. Department of Revenue spokesman Daniel Carr said the state of Ohio had a pilot program a few years ago, but didn’t proceed with accepting the digital currency.
REUTERS/Dado Ruvic/File Photo WASHINGTON, Jan 18 (Reuters) - The U.S. Justice Department will "announce a major, international cryptocurrency enforcement action" on Wednesday, it said in a statement, without offering further details. U.S. officials will announce the action at 12 p.m. (1700 GMT), the department said in a statement.
Cryptocurrency and NFTs are discussed by their enthusiastic disciples with the complex, dissecting care of Talmudic scholars, which often leaves the rest of us profoundly confused. But ETHDenver may provide more coherent conversation of the subjects.
Coloradans can use digital currency to pay taxes of all kinds: personal and business income, withholding, sales and use, severance and excise fuel taxes. “The state will operate our own ledgers in dollars. Taxpayers who pay with crypto will see their transactions converted to dollars,” Polis said.
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