Profits from cryptocurrency trading are now taxable in Nigeria following the enactment of the 2023 Finance Act on May 28, 2023, signed into law by former President Muhammadu Buhari. Although the law was signed later, it became effective on May 1, 2023. How Much Is Taxable on Crypto Gains in Nigeria? Under the 2023 Finance … Read more
Anonymous cryptocurrency trading is on the verge of death following a unanimous decision by the member states of the European Union Tuesday, May 16, 2023. Finance ministers of member states met in Brussels where they deliberated on the future of crypto assets in EU and the need to protect their citizens and their sovereignty. The European … Read more
Web3 wallets have become an essential part of the rapidly developing blockchain technology ecosystem, completely changing how we interact with decentralized apps (dApps). Web3 wallet is playing a crucial part in determining the future of decentralized finance (DeFi) and beyond by securely storing digital assets, enabling smooth transactions, and giving users complete control over their … Read more
The process of confirming transactions and adding them to the blockchain is known as cryptocurrency mining. In exchange for their efforts in confirming transactions, miners are paid with cryptocurrencies. Mining involves a lot of energy and computation, which has raised questions about how it may affect the environment. The process of crypto mining and its … Read more
Crypto wallets are the gateways to blockchain payments. All the digital currencies are stored in this, and information is shared to make the transactions. This can be used to buy any commodity or service which it has been traded. But, there is a vast scope of expansion for the technology that can be embedded within … Read more
If you own any cryptocurrencies, having a safe crypto wallet is crucial. Selecting the wrong crypto wallet could result in users losing their valuable digital assets. This article focuses on the top reliable crypto wallets in the Philippines since many Filipinos are engaging in cryptocurrencies. A 2021 survey revealed that the Philippines ranks first among … Read more
In recent times, more businesses and individuals are interested in using digital currencies for their transactions in the United Kingdom. A survey by the Financial Conduct Authority (FCA) in 2021 revealed that the awareness of cryptocurrencies among UK consumers increased from 42% in 2019 to 78% in 2021. In this article, we will explore the … Read more
According to a survey by the German retail bank Postbank, 29% of Germans view cryptocurrencies as attractive investment opportunities. The options for trading cryptocurrencies have dramatically expanded from Munich to Hamburg. Finding a trustworthy exchange is more important than ever as interest in the altcoin industry rises. In this chaotic trading environment, you must use … Read more
Canada has become a hotbed for cryptocurrency and blockchain innovation, with a growing number of startups, businesses, and organizations working on blockchain-based projects. As cryptocurrencies increase in popularity in Canada, people need cryptocurrency wallets to properly store their crypto holdings. This article will explore the best crypto wallets in Canada. Bitbuy Bitbuy is a Canadian cryptocurrency … Read more
Australia is liberal about digital assets, making it possible to buy, sell, trade, and accept bitcoin and other assets in the country. That’s why there are many different crypto wallets in the country. This article will explore the best crypto wallets in Australia, including desktop, mobile, hardware, and web wallets. We will evaluate each wallet … Read more
Puerto Rico, a Caribbean island with a rapidly growing crypto market, attracts more investors and traders looking to buy, sell, and trade cryptocurrencies. As a result, the demand for reliable and secure crypto exchanges in Puerto Rico has increased significantly in recent years. Fortunately, several reputable crypto exchanges in Puerto Rico cater to beginners and … Read more
The ideal approach to purchasing Bitcoin and other cryptocurrencies in Portugal is through a licensed exchange. Investors can transfer Euros (EUR) from their Portuguese bank accounts safely using this technique in order to purchase, sell, and stake digital assets. The cryptocurrency industry is developing in Portugal, where there are numerous exchanges providing a variety of … Read more
Singapore is quickly emerging as one of the most innovative and progressive countries regarding cryptocurrency and blockchain technology. The need for secure and reliable crypto wallets has increased along with the popularity of cryptocurrencies. In Singapore, there are a variety of crypto wallets to choose from, so it can be challenging to know which one … Read more
Because there are no regulations against the use of bitcoin in Switzerland, residents of the European country can safely buy and sell crypto assets. Most importantly, there are Initial Coin Offering (ICO) guidelines and a framework for regulating cryptocurrency enterprises released by the Swiss Financial Market Supervisory Authority (FINMA). In this article, we’ll explain the … Read more
Purchasing bitcoin and other cryptocurrencies in El Salvador is easy, and the setup time is typically under 10 minutes. As a crypto trader in El Salvador, you will enjoy the freedom President Nayib Bukele created around digital assets in the North American country. Bukele is a known big fan of bitcoin who bought bitcoins worth millions … Read more