Our third episode of Weekly Digest, where we look at the interesting crypto events that will shape the future of the market. Enjoy.

News used for this episode:
1 – https://www.theguardian.com/technology/2021/feb/26/art-amulets-cryptokitties-new-frontier-cryptocurrency-non-fungible-tokens-nft
2 – https://krcrtv.com/news/local/car-dealership-becomes-northstates-first-to-accept-cryptocurrency-as-payment
3 – https://www.indiatoday.in/news-analysis/story/don-t-miss-the-cryptocurrency-boat-experts-say-on-india-s-proposed-regulations-1773435-2021-02-26
4 – https://www.coindesk.com/cardanos-ada-is-now-the-third-largest-cryptocurrency-by-market-cap
5 – https://www.ft.com/content/536db489-d607-411f-ae71-8ef072b2d4bb

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Bitcoin is getting mass exposure from influencers, marketing, and Billionaires on TV. The World Economic Forum released a document titled “Crypto, What Is It Good For? An Overview of Cryptocurrency Use Cases”. Coinbase has tapped Goldman Sachs to lead its upcoming initial public offering (IPO). PayPal’s foray into bitcoin could become a “game changer” for both the payments company and its users, said Mizuho Securities analyst Dan Dolev. Nigeria is now the No.2 bitcoin market on this fast-growing global marketplace. US Treasury said to weigh new crypto transaction reporting rule aimed at self-hosted wallets. The Financial Crimes Enforcement Network (FinCEN), the top financial crimes watchdog within the U.S. Treasury Department, is hiring two policy officers to help draft regulations for the cryptocurrency space.

Brian Brooks went on CNBC today and said “”People may not realize this but there is leadership in Congress who’s urging the incoming Biden administration to roll back some of those protections in the name of politics, not in the name of investors,”

Watch the interview with Securitize co-founder – https://www.youtube.com/watch?v=mWKTW70ZSOI

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Must Watch Interviews!
– Interview with CZ Binance CEO – https://youtu.be/mF-iCOlnL_8
– Interview with Cameron & Tyler Winklevoss – https://youtu.be/jZ5YNxLfBuw
– Full Must Watch Interviews Playlist – https://www.youtube.com/playlist?list=PL5rDfH3ofGEdqEaSrjC3UHOQdw1eyeYRU
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#Bitcoin #Crypto #Cryptocurrency #CryptoRegulations #BTC
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Disclaimer – Thinking Crypto and Tony are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice.

The South Korean government said that it is conditionally prepared to carry out a review of crypto tax regulations – a year ahead of the promulgation of the country’s first crypto-specific tax law. Per news agency Yonhap, Hong Namk-ki, the Deputy Prime Minister and the nation’s finance minister, stated that Seoul was willing to change the way it classifies crypto-related earnings in tax declarations – a factor that could possibly lead individuals and companies to pay less tax on their cryptoasset holdings. As previously reported, from October next year, individuals who earn more than USD 2,100 per year from crypto-related activities will be obliged to pay 20% tax on their “excess” earnings (anything they earn above the USD 2,100 mark). Non-residents or overseas corporations will be obliged to submit tax data to crypto exchanges, where they could be taxed at source. But critics of the new law claim that it is unfair that crypto has been classified as “other income,” rather than “financial assets.” The latter classification, used for stocks and other conventional assets, has a sliding tax rate and a much higher threshold. Indeed, individuals do not need to pay tax on the first USD 42,000 they earn from investments in KOSDAQ stock market-listed companies. Hong suggested that a move to the “financial assets” class was a distinct possibility – but added a caveat, saying,The Deputy Prime Minister was speaking to the National Assembly’s Planning and Finance Committee, where he was challenged on the matter of tax by an MP for the largest opposition party, the People Power Party, Seo Il-jun. Seo stated that the “other income” category was usually reserved for slot machine winnings and lottery winnings. He said that lumping crypto into this tax category was a “hostile” move and added,Learn more: Crypto ‘Is Now Finally Being Taken Seriously’ By Taxman – PwCDeclare Your Bitcoin or We’ll Take 30% of it – Draft Russian LawResidents of Europe’s Crypto Valley Can Pay Tax Bills in Bitcoin, Ethereum

All data is taken from the source: http://cryptonews.com
Article Link: https://cryptonews.com/news/south-korea-may-review-crypto-tax-law-ahead-of-2021-regulati-7938.htm

#tax #newsweek #newstodayupdate #newstodaybbc #newstodayfox #newsworldwide #

This is not financial advice. I am just exposing my view on the matter. Please do your own research. I am just learning and riding the crypto wave as I go.
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Ripple’s Dewitt On Central Banks and CDBCs
https://eng.ambcrypto.com/ripples-dewitt-central-banks-can-launch-cbdcs-within-a-day/

Brad Garlinghouse (Ripple CEO) on Regulations:
https://twitter.com/bgarlinghouse/status/1315617667626094592

Christine Lagarde on Digital Euro:
https://twitter.com/kinglenXRP28/status/1315747849569742851
https://twitter.com/stedas/status/1315663453445652481

Ripple/XRP News: Interesting Responses Regarding Regulations & DeFi | Not A Top Secret Document

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Newses fake and real difference
First of all you need to learn proper knowledge about cryptocurrencies
And Blockchain and Education about blockchain and current regulations about updates of cryptocurrencies and Blockchain.

Jason Williams is a successful entrepreneur, co-founder and partner at Morgan Creek Digital along with Mark Yusko and Anthony Pompliano. https://twitter.com/JWilliamsFstmed
Jason and Pomp will be hosting a Virtual Bitcoin Halving Party https://www.eventbrite.com/e/pizza-beer-and-the-bitcoin-halving-tickets-104260628346
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Must Watch Videos!
– Interview with CZ Binance CEO – https://youtu.be/mF-iCOlnL_8
– Interview with Rain Crypto Exchange Co-founder – Rain is the first regulated Crypto Exchange in the Middle East – https://youtu.be/Bdz0YTTipJE
– $100 Million Bitcoin Mining IPO on NYSE or Nasdaq – https://youtu.be/5TStZ_LnKDk
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#Bitcoin #BitcoinHalving #Crypto
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Disclaimer – Thinking Crypto and Tony are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice.

In persistent wait and watch strategy between regulators and cryptocurrency developers, the regulators are adding some severe thrust in the form of an intergovernmental global alliance called Financial Action Task Force – FATF. Let’s listen in to what global law and policy expert Hemant K Batra has to say. Credit: YouTube Channel UPTROXX

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#Bitcoin #Bakkt #Crypto
– Former Bakkt CEO and Georgia’s new Senator Kelly Loeffler will help oversee major financial regulator, the Commodity Futures Trading Commission (CFTC).
– Mike Blandina The Google and PayPal veteran will lead the firm as CEO beyond bitcoin futures in 2020 following the departure of Kelly Loeffler to take up a U.S. Senate seat; COO Adam White becomes president
– HEX origin address emptied out, almost $7 million withdrawn – exit scam
=================================================
Disclaimer – Thinking Crypto and Tony are not financial or investment experts. You should do your own research on each cryptocurrency and make your own conclusions and decisions for investment. Invest at your own risk, only invest what you are willing to lose. This channel and its videos are just for educational purposes and NOT investment or financial advice.

We are happy to announce WCM #5!
This time we will host representatives of one of the biggest global crypto exchange – bitFlyer. They will tell you about the exchange expansion, trading & investing in cryptocurrencies and crypto regulations in Asia, Europe and globally. We also invited a polish cryptocurrency tax specialist, Marcelina Szwed-Ziemichód, to answer all your questions regarding the recent cryptocurrency tax regulation in Poland.

***Speakers***

Rikiya Masuda (CFO)
Rikiya Masuda graduated from Waseda University School of Political Economics in 2007. Starting in 2007, he has worked for seven years in the corporate sales department of Sumitomo Mitsui Banking Corporation and a local subsidiary in China. Rikiya received his MBA from Hong Kong University of Science and Technology in 2016.

Andy Bryant (COO)
Andy Bryant graduated from the University of Bath in 2008 and he also studied at the Tokyo Institute of Technology. Starting in 2008, he worked in various positions in finance and technology, including being the global COO for an M&A advisory firm, BDA Partners, and as the CEO of his own technology startup. Andy has received multiple awards from prestigious
institutions including Daiwa Securities and the Royal Academy of Engineering.

Marcelina Szwed-Ziemichód (Cryptocurrency tax specialist)
Given the current cryptocurrency tax situation in Poland, we asked Marcelina to participate in the Q&A section after bitFlyer’s presentation and answer all your questions regarding the taxation of cryptocurrencies in Poland.

***Agenda***
1. Japan / bitFlyer
2. Regulation
3. ICO/Blockchain
4. Trading
5. Q&A with bitFlyer
6. Q&A with Marcelina Szwed-Ziemichód

***Media***

KryptoRaport
https://kryptoraport.pl/page/2/
https://www.youtube.com/channel/UCKy4pRGNqVvpI6HrO9lo3XA

BitHub.pl
https://bithub.pl/typ/

Cryptonews
https://cryptonews.pl/

Cryptogogle.pl
http://cryptogogle.com/

Mike Satoshi
https://www.youtube.com/channel/UCEX4iDKLfxtIJY6IVgMSqCQ

Today we had a great conversation with John & Janice McAfee.
We talked about their DEX, the McAfeeDex! We talked about regulations, today’s markets, John’s one million Bitcoin prediction, a “new” Crypto Starter pack and a lot more!

Make sure you take part in our $600 give-away!
We will give three times 0,5 Ethereum away for McAfeeDex users and another three times 2000 Soul (Phantasma’s staking coin) randomly.

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Timestamps:

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Disclaimer
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SHOW TOPICS:

Craig Wright caught lying in court AGAIN
https://bitcoinist.com/bitmessage-creator-testifies-against-craig-wright/
Craig on Cheddar
https://twitter.com/cheddar/status/1161669701270773762

2 month countdown to Bitcoin ETF decisions
https://bitcoinist.com/bitcoin-etfs-will-either-launch-or-die-this-october-sec-confirms/

Nevada Bitcoin ATMs require money transmitter license
https://www.coindesk.com/nevada-cryptocurrency-kiosks-now-require-money-transmission-licenses

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Sila’s latest webinar explores blockchain regulations with CLO Angela Angelovska-Wilson & CEO Shamir Karkal.

In this video, we talk about the latest developments in blockchain technology and cryptocurrencies, such as, Robinhood Launches its Crypto Trading App in Ohio, Cryptocurrencies Pose No Risk to Global Financial Stability: International Watchdog, Legal Expert Says Crypto Regulations for UK Could Take Two Years, Crypto Defender Spars with Famed Critic During US Senate Hearing, Millennial Males Dominant Among Crypto Investors in the US

For complete news visit:

News 01:

Halfway Milestone: Crypto Trading App Robinhood Launches in U.S. State #25, Ohio

News 02:

Cryptocurrencies Pose No Risk to Global Financial Stability: International Watchdog

News 03:

https://cointelegraph.com/news/crypto-regulations-for-uk-could-take-two-years-says-legal-expert

News 04:

https://www.coindesk.com/crypto-defender-spars-with-famed-critic-during-us-senate-hearing/

News 05:

The Young and the Restless: Millennial Males Dominant Among Crypto Investors in the US

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