Blockchain News

El Salvador To Reduce Income Tax For Foreign Investments And Remittances

December 9, 2024 CryptoExpert

The Legislative Assembly of El Salvador has approved a measure to reduce the income tax on foreign investments and remittances from 30% to 0% with no effective limits on the amount. The first country to adopt Bitcoin as legal tender has made another radical change to its tax code. The Legislative Assembly of El Salvador […]

TON Blockchain Daily Transaction Volume Hits $10b, Gaining Public Attention

December 9, 2024 CryptoExpert

TON blockchain’s on-chain data shows an increase in daily transactions processed, hitting the $10B mark. The TON blockchain’s increased appeal and TON token contribute significantly to this rise. Its integration with Telegram is supposedly going to have a positive impact on crypto adoption, leveraging the messaging app’s user base. According to data from on-chain analytics […]

Turkey’s Law On Amendments Published in the Official Gazette! Here are the Details

December 9, 2024 CryptoExpert

Turkey published the Law on Amendments to the Capital Markets Law, which includes regulations regarding crypto assets, in the Official Gazette. Cryptocurrency law studies in Turkey have come to an end and the Law on Amendments to the Capital Markets Law, which includes regulations regarding crypto assets, was published in the Official Gazette and entered […]

Coinbase Bags $32 Million Contract From DOJ For Handling Confiscated Crypto

December 9, 2024 CryptoExpert

In a significant development, the asset forfeiture division of the US Department of Justice (DOJ), the US Marshal Service, has chosen Coinbase as its custody provider for large-cap digital assets. Coinbase announced the partnership in a recent blog post, highlighting the agency’s selection of Coinbase Prime to offer custody and advanced trading services for its […]

Toyota To Use Ethereum Blockchain To Secure Car Accounts

December 9, 2024 CryptoExpert

Toyota is using Ethereum’s blockchain to create digital accounts for cars, making them more programmable and secure. These digital car accounts will allow cars to function more like service entities, potentially enabling fully autonomous driving. The project is part of Toyota’s Mobility 3.0 concept, planning to integrate cars with public infrastructure. Toyota is jumping further […]