In our “National Cryptocurrencies” section, we cover government-backed digital currencies and state initiatives related to blockchain technology. Here you will find news about central bank digital currencies (CBDCs), national crypto projects, and the role of digital money in modern economies. Read the “National Cryptocurrencies” section on ForkNews to stay informed about how countries are developing their own digital currencies.
At the ASEAN Blockchain Summit, it became known that Cambodia is preparing to issue a national cryptocurrency. This is not surprising considering the fact that the Cambodian crypto community is constantly growing. The possibility of introducing a digital currency in Cambodia was announced after the launch of the Venezuelan ElPetro.
The country's Special Tax Inspectorate (STI) has opened three cases of non-payment of taxes by citizens. Under Belgian law, citizens are required to pay a 33% tax on profits from cryptocurrency activities, and said profits must be declared as “other income” on their tax return.
Based on trading volumes provided by CoinMarketCap and data from trading platforms, the agency concluded that the top 10 cryptocurrency exchanges earn at least $3 million per day, and therefore $1 billion per year.
Trading Company Virtu Financial believes that the developers of the digital coin Virtcoin tried to attract potential investors by illegally using a designation that is associated with the Virtu company.
Representatives of the network published a press release stating that it will soon begin lending secured by digital currency.
Despite the small profit margin, LTC prices are rising above the triangle, we just have to wait for a surge above $225. Then we'll start buying
Today, after the rollback is completed, Bitcoin growth will resume to the target level of 12,000.00 USD
Canada has become a popular destination for bitcoin miners thanks to its combination of cheap, renewable hydroelectricity and hospitable cold weather. One of these miners is going to attract additional funds to increase the scale of production, strengthen its position in the region and increase competitiveness.
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