Will Biden’s plan to tax crypto mining reduce emissions? Critics say no

2023-5-6 18:14

The tax is intended to reduce greenhouse gas emissions, electricity costs and local environmental pollution, but has not been kindly received by the crypto community.

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Emerald Crypto (EMD) на Currencies.ru

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crypto reduce tax emissions pollution local environmental

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Источник: cointelegraph.com

crypto reduce → Результатов: 126

EU banking regulator suggests the following to reduce risk in crypto sector

The European Banking Authority Chair emphasized the diversification of stablecoin reserves for robust risk management. He also stated that while the EU's MiCA regulations would take effect in 2The post EU banking regulator suggests the following to reduce risk in crypto sector appeared first on AMBCrypto.

2023-4-27 18:00	News
risk banking suggests sector regulator crypto following

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Utilising Crypto Losses to Reduce Your Tax Liability

Making losses on your crypto trading is never fun - but the upside is that crypto losses are tax deductible in many jurisdictions worldwide. In this article, accountants Alexander & Co explain how the process works in the UK.

2023-4-29 15:00	BNC insights
losses crypto tax your many jurisdictions accountants

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The world’s first comprehensive framework for crypto regulation has been approved by lawmakers in the EU.

The European Parliament has passed a comprehensive set of regulations aimed at the cryptocurrency industry, making it the first of its kind in the world. The legislation, known as the Markets in Crypto Act or MiCA, aims to reduce risks for consumers purchasing crypto assets by holding providers liable for any loss of investors’ crypto-assets.

2023-4-22 13:45	HOT
crypto world comprehensive risks consumers reduce markets

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Crypto Trading Firm Wintermute Plugs Into CoinRoutes Smart-Order Routing System

CoinRoutes won a patent in February for a “cryptocurrency smart-order router” designed to help trading firms reduce the costs of storing large reams of historical data.

2023-4-20 16:00	Markets
coinroutes smart-order trading reduce firms help costs

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NFT Market Slumps as Crypto Investors Cut Back on Spending

The luxury market is facing a downturn, affecting art and NFT sales as younger consumers and crypto enthusiasts reduce spending. With China's market showing promise, it could be the key to reinvigorating the luxury and art sectors.

2023-4-7 13:20	NFT News
market luxury nft spending art crypto promise

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Texas Senate committee moves forward on bill removing incentives for crypto miners

Under the proposed legislation, certain crypto mining firms participating in a program to reduce the load on Texas’ energy grid would not receive an abatement on state taxes.

2023-4-5 22:30	Government
texas crypto load energy program reduce grid

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Crypto Exchange Aggregator 1inch Proposes Diluting Some Insiders' Voting Power

A proposed governance shakeup would greatly reduce the amount of voting power accumulated by core contributors, investors and other insiders.

2023-4-1 23:18
insiders power voting accumulated amount investors contributors

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Nickel Digital calls for increased use of off-exchange settlements in crypto

Nickel Digital is advocating for increased integration of off-exchange settlements in crypto, noting that OES solutions can dramatically reduce fraud and bankruptcy risks Analysis shows 63% of crypto daily trading volume is currently on 7 of the largest crypto exchanges that integrate OES solutions.

2023-3-30 00:13	Exchanges
crypto oes nickel solutions settlements increased digital

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What Is Base? Coinbase’s L2 Network Explained

Coinbase’s Layer 2 Network: A Complete Guide Cryptocurrency exchange giant Coinbase has been making waves in the crypto industry with the launch of its Layer 2 network. This network is designed to enhance transaction speeds and reduce costs on blockchains like Bitcoin and Ethereum, making it an attractive proposition for developers and crypto enthusiasts alike.

2023-3-23 23:38	Journal
network coinbase crypto making layer transaction blockchains

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Biden budget proposal aims to reduce deficit by $74M in 2024 via energy tax on crypto miners

The Biden administration has proposed a new tax on crypto mining, as seen in a 2024 budget plan published by the White House on March 9. The post Biden budget proposal aims to reduce deficit by $74M in 2024 via energy tax on crypto miners appeared first on CryptoSlate.

2023-3-10 01:19	Taxes
tax 2024 budget crypto biden via energy

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Biden Budget Plan proposes taxes to reduce crypto wash trades

U.S. President Joe Biden's proposed budget will be released on March 9, including a stipulation to tax loss loopholes on crypto transactions.

2023-3-9 17:16	Joe Biden
crypto biden budget march released tax transactions

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Marinade Finance’s Brandon Tucker says key updates will cut future Solana outages

Solana blockchain went offline for 20 hours last weekend. Marinade Finance’s Brandon Tucker says upcoming updates will significantly reduce futures outages. But technical and human errors remain a concern for crypto and users need to have this outlook “hard-wired into any risk profile.

2023-3-1 19:38	Cryptocurrency News
solana outages marinade updates tucker finance says

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Bitcoin Depot converts BTC ATMs software to reduce operating costs

The software conversion of the crypto ATMs, which vertically integrates Bitcoin Depot’s hardware and software, eliminates annual software licensing fees.

2023-2-28 10:53
software atms bitcoin depot integrates vertically hardware

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5 Ideas on How to Earn on Crypto Portfolio When High Volatile

Coinspeaker 5 Ideas on How to Earn on Crypto Portfolio When High Volatile A single tool for monitoring market changes with the ability to analyze all your assets quickly will allow you to reduce anxiety and make correct investment decisions.

2023-2-1 17:28
volatile high ideas portfolio when earn crypto

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Shiba Inu Will Take 1,157,174 Years To Reach 100 Billion Tokens, Analyst Says

On Monday, 30 January, crypto YouTuber Jeff at OnTheChain. io revealed on Twitter the number of years it might take Shiba Inu to reduce its supply to 100 billion tokens. The crypto analyst identified that Shiba Inu has a quadrillion tokens.

2023-1-31 23:00	SHIB
shiba tokens inu billion 100 analyst crypto

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Fidelity-backed OSL cuts staff amid crypto winter

Hong Kong-based Fidelity Investments-backed crypto exchange OSL has joined the list of exchanges cutting down workforce to reduce overhead costs and stay afloat.

2023-1-18 20:35
crypto osl down workforce exchanges cutting overhead

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Cronos (CRO) price up as Crypto.com announces layoffs

The price of Cronos (CRO) token has maintained its bullish trajectory even as Crypto. com announces 20% layoffs. In the company’s announcement, the CEO and co-founder of Crypto. com, Kris Marszalek, the company “made the difficult decision to reduce our global workforce by approximately 20%.

2023-1-15 13:20	Cryptocurrency
crypto company cronos layoffs price cro announces

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Coinbase lays off 950 employees, CEO says the exchange is well capitalized

The exchange wants to reduce operating costs by 25%. It is the second crypto exchange after Huobi to confirm layoffs in 2023. Coinbase CEO has however confirmed that the exchange is well capitalized.

2023-1-11 20:48	Huobi
exchange coinbase well capitalized ceo confirm huobi

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Coinbase Cuts Around 20% of Workforce as Crypto Winter Rages

Crypto exchange Coinbase has said it is planning to reduce its headcount by around 950 employees as part of a restructuring which it expects to be complete by the end of Q2 2023.

2023-1-11 14:58	Business
crypto coinbase around restructuring part employees expects

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Crypto Lending Platform Maple Finance Unveils Major Overhaul, Stops Lending on Solana

The improvements attempt to solve Maple’s design shortcomings highlighted during a recent debt crisis, but they may reduce incentives for holding the protocol’s native MPL token in its new form, an analyst said.

2022-12-15 22:14	Markets
maple lending holding protocol incentives may native

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Uniswap Foundation Proposes Changes to Crypto DEX's Governance, Voting Processes

The proposal, which will be brought to a vote next week, aims to reduce friction in governance by reframing the steps that bring proposals to votes.

2022-12-9 20:01	Business
governance friction reduce aims week votes proposals

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Hedge Fund Presidio Trading to Spin Out Crypto Market Tail Risk Strategy

Tail risk investment strategies look to reduce overall portfolio risk by outperforming during an unexpected downturn, but do so at the cost of lower returns in a bull market.

2022-12-9 18:47	Business
risk market tail downturn unexpected lower cost

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Compound DeFi platform announces Borrow caps for V2 assets.

Compound, in a recent statement, announced that at the end of November, the firm will implement loan limitations on 10 version 2 protocol crypto tokens. The implementation is aimed to reduce high- risk attack vectors.

2022-11-29 19:26
compound version crypto protocol loan limitations tokens

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Post-FTX Meltdown, Regulation-Abiding Companies Can Restore Trust

Crypto companies that adhere to stringent guidelines are less flashy, but will ensure safety and reduce risk.

2022-11-17 16:45	Business
companies flashy less safety risk reduce guidelines

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Coinbase transaction revenues plummet 44% as users activity declines in Q3

While poor market conditions have resulted in revenues falling for the crypto exchange in Q3, its effort to reduce expenses has led to some streamlining.

2022-11-4 05:53
revenues exchange crypto effort streamlining expenses reduce

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Ethereum’s Layer 2 Rollups Reduce Costs, but the Risks Are Underappreciated

Ethereum’s incumbent rollup networks cannot currently claim that they “borrow” Ethereum’s security. Valid Points is CoinDesk’s weekly newsletter that breaks down Ethereum’s evolution and its impact on crypto markets.

2022-10-26 14:15	Tech
ethereum weekly newsletter coindesk points valid breaks

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Austrian Police Chief Says Investigations By Indian Agencies Reduced Crypto Scams

Investigations by Indian law enforcement agencies helped reduce cryptocurrency scams in Austria and other European countries. Austria’s Federal Police and Director of Criminal Intelligence Service, General Mag Andreas Holzer, told this and complimented the representatives of India’s Central Bureau of Investigation (CBI) on the sidelines of the Interpol general assembly held during October 18-21 in […]

2022-10-23 19:38	Ethereum News
austria scams general indian police investigations agencies

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Crypto Mining Firm BitNile to Start Bitcoin-Based Marketplace Next Year

Bitcoin mining firm BitNile (NILE) plans to set up a bitcoin-based marketplace in the first half of next year to reduce the complexity of transacting in bitcoin.

2022-10-14 14:19	Business
bitcoin year marketplace firm bitnile mining bitcoin-based

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“Rich Dad, Poor Dad” Author Says It’s Time for BTC, SHIB Finally Listed on BitMex, This Could Reduce Ripple’s Chance to Win SEC: Crypto News Digest by U.Today

Keep an eye on the latest updates in the crypto industry with U.Today’s news digest!

2022-10-11 17:51
digest crypto today dad win sec industry

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Can You Borrow Against Crypto To Avoid Taxes?

How are crypto traders avoiding taxes with a lending loophole? Yes, you can use this loophole to reduce your tax amount. But, there are some caveats which we discuss further below. Emerging crypto-based lending companies have created a stupid but rather useful tax loophole by taking advantage of the tax rule that any crypto-to-crypto transfer […] The post Can You Borrow Against Crypto To Avoid Taxes? appeared first on CaptainAltcoin.

2022-10-5 14:08	Tax Tools
tax loophole taxes crypto borrow lending avoid

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Crypto Lender Maker Turns to Staked Ether to Reduce USDC Influence

The development is part of a move away from centralized crypto products such as stablecoins.

2022-9-14 17:09	Markets
crypto away move products stablecoins such part

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Bitcoin and altcoins pop to the upside, but upcoming macro events could cap the rally

The FOMC's decision on Sept. 21 could cause traders to reduce their risk exposure, limiting the recent gains seen across the crypto market.

2022-9-13 23:30	Regulation
could risk cause traders exposure reduce recent

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Crypto Terra Luna Classic Surges as Traders Speculate on New Supply Burn Rule

In an attempt to revive the failed Terra blockchain’s LUNC token, the approved proposal will tax and destroy 1.2% of every transaction to reduce supply.

2022-9-8 19:56	Markets
supply terra approved proposal token lunc failed

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Crypto & Stock Markets React to Fed Chair Powell’s Speech on Upcoming Measures to Fight Inflation

Fed Chairman Jerome Powell addressed inflation and the steps that will be taken to reduce it in today’s speech in his annual speech at Jackson Hole. The post Crypto & Stock Markets React to Fed Chair Powell’s Speech on Upcoming Measures to Fight Inflation appeared first on BeInCrypto.

2022-8-27 23:00
speech powell fed inflation crypto measures fight

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Canadian Regulator Issues New Rules on Exposure to Cryptocurrencies for Entities Under Its Supervision

The public affairs office of the Superintendent of Financial Institutions has announced an interim approach for crypto assets held by federally regulated financial institutions and will reduce the contact with cryptocurrencies.

2022-8-21 12:52	cryptocurrency trading
financial institutions cryptocurrencies crypto assets held approach

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Voyager Customers Say No to 'Retention' Bonuses for Employees of Bankrupt Crypto Lender

A group of Voyager's creditors have formally objected to the beleaguered crypto lender's bid to pay "retention awards" to its current employees, saying Voyager has done nothing to reduce personnel costs.

2022-8-20 06:06	policy
voyager crypto lender employees retention costs current

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Voyager Customers Say No to Employee 'Retention' Bonus Bid

2022-8-20 06:06	policy
voyager retention bid current awards costs pay

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Crypto Tax Loss Harvesting – How to Reduce Your US Crypto Taxes

People are assessed for tax individually in the US, making every case unique. However, the process of tax-loss harvesting applies to most people who hold moderate amounts of crypto and pay tax. Disclaimer: This is not tax advice, nor am I a tax lawyer, but tax-loss harvesting is certainly worth considering.

2022-8-15 02:07	Tax Tools
tax crypto harvesting people tax-loss moderate hold

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Binance And Mastercard Partner To Launch Card To Users In Argentina

Crypto exchange Binance has partnered with Mastercard to launch a cryptocurrency power card for customers in Argentina. The card will be useful to spend digital assets in everyday purchases, a press release says, and reduce the gap between crypto and fiat payment rails.

2022-8-5 20:46
card argentina crypto binance launch mastercard press

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India’s finance minister says punitive crypto taxes will remain in force

Local media outlet Financial Express reported that the Indian government has no plans to reduce taxation on crypto transactions. The post India’s finance minister says punitive crypto taxes will remain in force appeared first on CryptoSlate.

2022-7-22 23:00	Taxes
crypto force india remain minister finance punitive

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Ethereum Mining After The Transition To PoS: what’s next?

One of the world’s leading crypto, Ethereum, is about to switch to a Proof of Stake (PoS) protocol. It should happen “in the coming months”. The development team expects this transition to reduce the network’s energy consumption by 99.

2022-7-22 21:07	Mining
ethereum pos transition development team months coming

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KuCoin CEO Refutes Massive Layoff Rumors Instead Plans To Hire More Staff

It’s not surprising that lots of crypto-related services and firms are making some adjustments to weather the bearish market and KuCoin was among the listed firms that were rumored to reduce staff due to the prevailing crypto winter.

2022-7-14 23:00	KuCoin
firms kucoin staff adjustments weather due prevailing

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Argo Blockchain Hires Derivatives Trader to Navigate Market Rout, Sells BTC to Reduce Loan

The crypto miner recorded gains in production in June, but higher electricity costs and falling bitcoin prices narrowed its margins.

2022-7-8 12:10	Business
higher electricity june production costs falling margins

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Fancy An Early Retirement? Let’s Look At Gnox (GNOX), Ethereum (ETH), And DogeCoin (DOGE)

FIRE. Financial Independence Retire Early. This growing movement is attracting scores of young investors seeking to reduce the length of their working life, and one popular investment vehicle is crypto.

2022-7-5 15:49	Press Release
gnox early reduce seeking young crypto investors

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Crypto Winter Makes Celsius To Cut Its Workforce By 25%

Current downtrends in crypto prices have forced many digital asset service providers to reduce their staff to survive in a time when low trading volumes have reduced revenue. Despite the market currently facing significant lows, industry leaders are speculating there is no light ahead, and the market will remain low for the whole of next […]

2022-7-5 23:00	Cryptocurrency
market crypto low leaders industry speculating lows

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Crypto Lender Celsius Network Exploring Options to ‘Preserve and Protect’ Assets

Celsius Network is consulting with experts to try to reduce the fallout from its mid-June swoon.

2022-7-1 01:19	Business
network celsius reduce experts fallout try mid-june

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Reduce Your Crypto Tax Bill With Koinly’s Tax-Loss Harvesting Guide

Tax-loss harvesting allows you to claim capital losses by recognising and selling your assets at a loss. These capital losses may also be carried forward against...

2022-6-30 20:30	legal
harvesting losses tax-loss capital your loss assets

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Australian Crypto Exchange Banxa Cuts 70 Staff

The publicly traded crypto exchange said the "crypto winter" drove the decision to reduce headcount by about 30%.

2022-6-27 12:35	Business
crypto exchange reduce decision drove headcount traded

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Why This Bitcoin Miner Giant Sold 3,000 BTC Over The Past Week

The Bitcoin mining sector has been impacted by BTC’s price downside price action. This has forced BTC miners to reduce their inventories, which could lead to constant selling pressure on the crypto market and reduce their leverage positions.

2022-6-22 21:00	btcusd
btc price bitcoin reduce could lead inventories

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Research: Bitcoin mining could help slow climate change

The dominant media narrative surrounding Bitcoin has been one of an energy-guzzling digital asset used for speculation. The post Research: Bitcoin mining could help slow climate change appeared first on CryptoSlate.

BTC energy use jumps 41% in 12 months, increasing regulatory risks

Despite the European Union rejecting a proposal banning crypto mining earlier this year, more regulations could soon be implemented to mitigate the environmental impacts of crypto mining.

Algorand will automatically offset carbon emissions with smart contracts

Algorand has officially implemented the first smart contract that will automate the offsetting of carbon emissions. The post Algorand will automatically offset carbon emissions with smart contracts appeared first on CryptoSlate.

2023-5-6 18:14

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