Taxes will be calculated based on the average cost of the electricity used to make coins. PIT rate on dividends was raised from 5% to 10% under the new Tax Code. A bill extending Kazakhstan’s Tax Code to impose higher tax rates on cryptocurrency miners has been enacted by the
Over 67 million individuals in Mexico still do not have access to a bank account. Indira Kempis proposed a bill to accept BTC as legal tender in Mexico. Mexican senator Indira Kempis proposed a bill to accept Bitcoin (BTC) as legal tender in Mexico and claims the second-largest market that
Bitcoin withdrawn from exchanges can be deposited in the bank accounts. As of now, the bank does not provide any direct crypto-based services. Towerbank, one of the top banks in Panama, has now joined the list of “crypto-friendly banks” that have voiced their support for Bitcoin adoption. Initially, this information
The Paraguayan Chamber of Deputies passed a cryptocurrency regulation bill. Deputies voted 40 to 12 to enact the revised bill draught in a special session. Several countries, including Paraguay, have followed El Salvador and the Central African Republic in approving Bitcoin as a form of legal money. In Latin America,
The long-awaited moment comes true, US Senator Cynthia Lummis planned to introduce a broad cryptocurrency bill along with New York Democrat Kristin Gillibrand. On June 7th, Senator Lummis will launch a bipartisan Bitcoin policy framework. Also, Lummis hints an upcoming crypto bill won’t include NFTs. JUST IN 💥 Senator Lummis
