Short cryptonews for this week 6/52 (2023)

Short cryptonews for this week 6/52 (2023)

By Pasucaru | Crypto on fire | 11 Feb 2023


- BTC corrected this week to fall below $22,000. 

- Visa is experimenting with large USDC transfers on the EthereumVisa blockchain.

- Kraken halts ETH staking following SEC accusations.

- Revolut the cryptobank has started offering crypto staking to its European customers. 

- 6 European countries still do not tax crypto capital gains: Malta, Cyprus, Greece, Slovenia, Estonia and Germany. Others apply the following rates: Denmark (37 to 52.06%), Sweden (30%) and Portugal (28%). All in all, the average tax rate for crypto capital gains in the European Union is 15.4%.

- Binance Tax helps prepare tax returns, and the pilot version of the tool is available for users in France and Canada.

- Aave is launching its decentralized stablecoin GHO on the Ethereum testnet.

- The Sandbox crypto project has announced a partnership with Saudi Arabia to launch a metaverse.

- Dubai introduces compulsory license for crypto companies. At the same time Dubai bans anonymous cryptocurrencies like $Zcash and $Monero.

- The President of Kazakhstan, Mr. Tokayev, has signed a law on digital assets requiring miners to obtain a license for their activities.

- The US market authority, the SEC makes cryptocurrencies and blockchain a priority for 2023.

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Pasucaru
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