Tag: Token

Japan set to ease 30% crypto tax on paper profits for token issuers

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The Japanese government is set to ease tax requirements for local crypto firms, as it pushes to stimulate growth in the domestic finance and tech sectors. At present, Japanese firms that issue crypto are required to pay a set 30% corporate tax rate on their holdings, even if they haven’t realized a profit through a sale. As such, a number of domestically founded crypto/blockchain firms and talent have reportedly chosen to set up shop elsewhere over the past few years. Japan’s ruling party, the Liberal Democratic Party’s (LDP) tax committee…

‘Move to Earn’ Token STEPN (GMT) Can’t Move Up in Price, Investors Ditch for Orbeon Protocol (ORBN)

Place/Date: – December 15th, 2022 at 7:47 am UTC · 3 min read Source: Orbeon Protocol It seems the move-to-earn token STEPN (GMT) can’t move up in price anymore, as it has dropped from its all-time high of nearly $0,38 to a mere $0,07. On the other hand, savvy cryptocurrency investors are ditching the token and investing in Orbeon Protocol (ORBN) instead. But what actually is Orbeon Protocol, a token that is still in the 3rd phase of its pre-sale, of which analysts expect it will surge by over 6,000%…

This Is the Story of Big Eyes Coin – the Cat Who Is Taking Over Huobi Token and Chiliz

Place/Date: – December 14th, 2022 at 12:13 pm UTC · 4 min read Source: Big Eyes Coin Photo: Big Eyes Coin Could Big Eyes Coin (BIG) Make Up to 100x Return? In the year 2022, Big Eyes Coin (BIG), a meme coin, has been getting a lot of good attention. The cryptocurrency community has backed it, and it has generated a lot of discussion on the major social media networks. It has been nicknamed the “next big thing” in cryptocurrency by fans, and so far, it has lived up to…

Australian ‘token mapping’ consultation paper to release in early 2023: Treasurer

Australian Treasurer Jim Chalmers has revealed that the government will release a consultation paper in early 2023 as part of its token mapping initiative. The crypto sector has received greater attention from Australian regulatory and enforcement agencies since the FTX implosion, with the government emphasizing the importance of providing greater consumer protection laws as soon as possible. In a Dec. 14 statement, Treasurer Chalmers noted that the Anthony Albanese-led government is “taking action to improve the regulation of crypto service providers and ensure additional safeguards for Australians.” As part of…

Amid Speculation and Rumors Surrounding Binance, Exchange Token BNB Suffers Losses From the Alleged FUD – Market Updates Bitcoin News

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Following the FTX collapse, the largest cryptocurrency exchange by trade volume, Binance, has been surrounded by rumors and speculation in recent times. On Dec. 12, 2022, Reuters reported that U.S. Department of Justice prosecutors have been investigating Binance, according to four people familiar with the matter. Moreover, while a number of crypto assets have risen in value this past week, Binance’s exchange token has slid roughly 6.9% against the U.S. dollar over the last seven days. Binance’s BNB Takes a Hit from the Speculation Surrounding the World’s Largest Crypto Exchange…

MetaMask Institutional, Cobo and Gnosis DAO team up for soulbound token project

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Soulbound tokens (SBTs) are becoming a mainstay in the Web3 space for users and projects to define themselves in digital reality.  A Dec. 13 announcement from Cobo, a digital asset custodian and blockchain technology developer, revealed a new SBT project which unites crypto industry giants to cater to users’ developing digital identities. Cobo, MetaMask Institutional and Gnosis DAO teamed up to create “Evolution,” an SBT project, a tool to help users define themselves in digital reality and stay up to date on industry trends. A spokesperson for Cobo told Cointelegraph…

Dogeliens: A Meme Token That Plans to Take Over The Metaverse Like The Sandbox and Chiliz

Place/Date: – December 11th, 2022 at 11:55 am UTC · 4 min read Source: Dogeliens Canine tokens such as Babydoge, Shiba Inu, and Dogecoin are popular meme tokens. These cryptocurrencies have a network of members commonly known as communities. The community consists of thousands of enthusiasts and token holders responsible for the growth of those crypto projects. Dogeliens (DOGET) is a memecoin that aims to establish itself among other canine tokens. Besides functioning as a memecoin, Dogeliens will build DeFi protocols in its ecosystem. Also, the project team plans to…

Axie Infinity and The Sandbox Revolutionized The Metaverse, But Rocketize Token Will Change The Way Investors View Meme Coins

Place/Date: – December 11th, 2022 at 11:38 am UTC · 4 min read Source: Rocketize Token Play-to-Earn (P2E) games like Axie Infinity (AXS) and The Sandbox (SAND) offer healthy returns for both players and investors. Anyone can earn extra income while playing their favourite games on either platform. However, could investors gain even more profit with a coin like Rocketize Token (JATO)? Although Rocketize Token (JATO) is a new meme coin, it does offer high prospects. The token would be doing to meme coins what Axie Infinity (AXS) and The…

Abnormal token price movements on Binance not hack-related, confirms CZ

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Crypto exchange Binance began investigating suspicious behavior on its platform after noticing abnormal price movements for certain trading pairs involving Sun Token (SUN), Ardor (ARDR), Osmosis (OSMO), FUNToken (FUN) and Golem (GLM) tokens. Nearly 40 minutes into the investigation, Binance CEO Changpeng ‘CZ’ Zhao revealed that the price movements “appears to be just market behavior.” On Dec. 11 at 3:10 am ET, Binance issued a notice about abnormal price movements for some trading pairs. The exchange began an investigation to narrow down suspicious accounts responsible for the issue. To investors’…

Talks of Issuing a New FTT Token Fuel Coin’s Price Despite FTT’s Broken Tokenomics Scheme – Bitcoin News

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Roughly 29 days ago FTX filed for bankruptcy, and the crypto ecosystem has been dealing with a rollercoaster ride of market fluctuations and community drama ever since then. Moreover, the now-bankrupt crypto trading platform’s exchange token FTT is still trading above $1 per unit, and it managed to climb 23.4% higher against the U.S. dollar during the past seven days. FTT Coin Pumps After Crypto Community Members and Sam Bankman-Fried Discuss a New FTT Token Idea For some odd reason, the digital asset ftx token (FTT) is still holding value…