Turkey proposes 10% crypto income tax
Turkey’s ruling Justice and Development Party has proposed a 10% tax on cryptocurrency income and gains as part of draft amendments to the country’s tax laws.
Turkey’s ruling Justice and Development Party has proposed a 10% tax on cryptocurrency income and gains as part of draft amendments to the country’s tax laws.
Las Vegas-based Bitmine Immersion Technologies said it now holds 4,473,587 ether, representing 3.71% of the circulating supply, positioning itself as the world’s largest ethereum treasury company.
Ethereum co-founder Vitalik Buterin said native smart accounts could be introduced within a year through the network’s planned Hegota upgrade, marking a major step towards full account abstraction.
An American known as “Dark Bank” has been extradited to France over allegations he laundered hundreds of millions of euros in cryptocurrency tied to drug trafficking and cyberattacks between 2019 and 2023.
Bitcoin climbed to a two-week high near $70,000 on Monday as risk assets rebounded despite President Donald Trump confirming that US military operations in Iran remain ongoing.
Calls are intensifying for the UK government to ban political donations made in cryptocurrency, with Labour MP Rushanara Ali warning they expose British democracy to foreign interference.
Escalating conflict involving Iran is unlikely to significantly disrupt the global Bitcoin mining network, analysts and industry operators said, dismissing social media claims of a looming hashrate collapse and forced BTC sell-offs.
The Commodity Futures Trading Commission has appointed crypto defence lawyer David Miller to lead its shrinking enforcement division as the agency scales back actions under President Donald Trump.
US prosecutors are seeking the forfeiture of $327,829 in Tether’s USDT stablecoin tied to a 2024 crypto romance scam targeting a Massachusetts resident.
European natural gas prices surged on Monday after Qatar halted liquefied natural gas production in response to Iranian drone strikes on major energy sites.
Cardano’s native token ADA is changing hands near $0.27, a steep fall from its September 2021 all-time high of $3.10, marking a decline of roughly 90%.
Strategy Inc. has purchased an additional 3,015 bitcoin for around $204.1 million, further expanding its already dominant corporate position in the crypto market.