EU Crypto Law, EU Crypto Law, Next 24 Hours Could be Crucial as Officials Debate Emissions, DeFi, NFTs. Lawmakers will make a final call on banning Bitcoin-style validation and consider how to treat decentralized finance. The next 24 hours could prove crucial in determining how the European Union (EU) will regulate cryptocurrencies. As the European Parliament moves towards finalizing its position …
UK tax authorities seize NFTs in fraud probe. Photo London sells 25 per cent stake; dealer launches ivory rescue scheme; is it all over for OVRs? Angela Heisch, ‘Dew at Dusk’ (2022) © Thomas Müller HM Revenue & Customs, the UK tax department, revealed its first seizure of three NFT-backed works this week, bringing the evil side of the non-fungible …
Trademark filing shows plans to offer digital assets Exchange minted its first NFTs last year around IPOs The New York Stock Exchange is stepping into the nonfungible tokens market with plans to do for digital assets what it does for stocks. The NYSE said in a regulatory filing with the U.S. Patent and Trademark Office that it wants to …
What is NFT? NTF (non-fungible token) is a non-interchangeable unit of data stored on a blockchain. a form of digital ledger, that can be sold and traded. Types of NFT data units may be associated with digital files such as photos, videos, and audio. Because each token is uniquely identifiable, NFTs differ from blockchain cryptocurrencies, such as Bitcoin. If you’re still struggling to wrap your …
How much are NFT Gas Fees? People who make things on the Ethereum network know that a transaction called a “NFT” can be very expensive. The high cost of the NFT transactions on Ethereum is because the gas fee keeps going up. A gas fee and how much it costs to make a new NFT might be interesting to you …
Tax on NFT. Taxes will be levied for NFT investors to the tune of billions of dollars. Data from Chainalysis suggests that the NFT market has grown to $44 billion, but the laws governing taxation of the tokens are hazy. As one of crypto‘s trendiest segments, the uncle Sam wants a piece of the action. Beeple on Reddit Chainalysis data …
Tradingcocktail Market Update for Forex, Crypto, and Stocks