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Claiming Crypto Losses on Tax and Calculating Capital Gains
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. Republished with full copyright permissions from The Boston News Tribune. The popularity of cryptocurrencies has surged, with a significant number of Australians joining the crypto revolution. As more individuals invest in these digital assets, it becomes imperative to understand the tax implications…
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Key Market Events to Watch in the Upcoming Week in the Bitcoin and Crypto Space
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. By: Zeng Han-Jun, Head of Research, Market Capital Research For the Bitcoin and cryptocurrency market, the upcoming week is poised to be a critical one with several significant events on the horizon. Among them, three events stand out as particularly noteworthy: the…
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OPNX Exchange Extends Lifeline to Hodlnaut, Proposing a New Chapter in Crypto Lending
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. OPNX Exchange has emerged as a potential savior for struggling crypto lender Hodlnaut, as it charts its way through complex bankruptcy proceedings. Recent reports from Bloomberg unveil a proposition that could rejuvenate Hodlnaut’s fortunes, with OPNX Exchange offering to acquire a significant…
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Decline in Cryptocurrency Interest and Adoption in Latvia, According to Latvijas Banka Report
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. In its recent “Financial Stability Report” for 2023, Latvijas Banka has shed light on the declining interest and use of cryptocurrencies among Latvians. The study reveals that only 4% of the population purchased crypto assets, marking a significant drop from the 8%…
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Honduras Central Bank Advances Towards Central Bank Digital Currency
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. The Central Bank of Honduras (BCH) is making headway in its efforts to modernize the country’s financial system and tackle existing challenges in payment methods. With the aim of potentially launching its own central bank digital currency (CBDC), BCH has revealed a…
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Russia Launches Digital Ruble: A New Era in National Currency
The Global Banker Republished with full copyright permissions obtained from Market Capital Research. President Putin’s endorsement of the digital ruble bill on July 24 has paved the way for the Bank of Russia (BoR) to accelerate its plans for the Central Bank Digital Currency (CBDC) launch. With the recent unveiling of the digital ruble’s logo…
The Global Banker 