ElaInveste
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Government is expected to propose a 17.5% income tax on cryptocurrencies and is assessing IOF on stablecoins, says newspaper
The provisional measure is expected to bring a fixed rate of 17.5% also on gains with cryptocurrencies, which today varies from 15% to 22.5%, but the collection of IOF on operations with stablecoins depends on the approval of the Central Bank, according to Folha de S.Paulo.
The Ministry of Finance is also expected to include cryptocurrencies in the Provisional Measure (MP) that aims to change the taxation of financial investments, with a standardized rate of 17.5%, but is still waiting for the Central Bank's definition, the sector regulator, to implement the possible application of the Financial Operations Tax (IOF) on transactions that characterize foreign exchange, using so-called stablecoins. This information comes from the newspaper Folha de S.Paulo.
The Ministry of Finance is also expected to include cryptocurrencies in the Provisional Measure (MP) that aims to change the taxation of financial investments, with a standardized rate of 17.5%, but is still waiting for the Central Bank's definition, the sector regulator, to implement the possible application of the Financial Operations Tax (IOF) on transactions that characterize foreign exchange, using so-called stablecoins. This information comes from the newspaper Folha de S.Paulo.
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For 12 years, he searched for his hard drive with 770 million euros in Bitcoin in a landfill; today
In the relentless search, James Howells even offered to buy the landfill.
In 2013, James Howells, then a simple IT technician in Newport, Wales, made a mistake that would change his life. While cleaning his office, he inadvertently threw away a hard drive containing the private key to his Bitcoin wallet. At the time, the cryptocurrency was still not very well known and was worth only a few hundred dollars each. But fate would turn this simple accident into one of the greatest financial tragedies of the digital age.
In 2013, James Howells, then a simple IT technician in Newport, Wales, made a mistake that would change his life. While cleaning his office, he inadvertently threw away a hard drive containing the private key to his Bitcoin wallet. At the time, the cryptocurrency was still not very well known and was worth only a few hundred dollars each. But fate would turn this simple accident into one of the greatest financial tragedies of the digital age.
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Mihailo Bjelic, the co-founder of Polygon, leaves his roles
Exits are accumulating in the crypto universe. Here, no one clings to their chair forever. Some make way to innovate elsewhere, others exit in style. Each separation is a turning point. The one Polygon is going through right now is no exception: one of its historic pillars, Mihailo Bjelic, turns the page. It is not a conflict, nor a collapse. Just a page that turns, but not without repercussions.
Since 2019, he has contributed to advancements in ZK technologies and partnerships with giants like Starbucks and Reddit. In January, Polygon had also closed a key deal with Jio Platforms, owned by billionaire Mukesh Ambani, to integrate Web3 in India.
Since 2019, he has contributed to advancements in ZK technologies and partnerships with giants like Starbucks and Reddit. In January, Polygon had also closed a key deal with Jio Platforms, owned by billionaire Mukesh Ambani, to integrate Web3 in India.
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Bitcoin: Jack Dorsey proposes the end of 'sats', the smallest unit of BTC
Bitcoin moves forward, sometimes stumbles, but never fails to intrigue. Today, Jack Dorsey, co-founder of Block, challenges a belief carved in stone for 15 years: the place of satoshis. Supported by the controversial BIP 177, he wants to rename the smallest unit of bitcoin and abolish the endless decimal places forever. Goal: to make crypto payments as instinctive as a tap on a smartphone.
The satoshis: Achilles' heel or immutable tradition?
The pioneers saw the 'sat' as the highest tribute to Satoshi Nakamoto. However, in the day-to-day of a merchant, dealing with 0.00004321 BTC feels more like a chemistry exercise than a cash sum. Beginners give up; sellers sigh. The promise of a simple bitcoin dissolves in the commas.
The satoshis: Achilles' heel or immutable tradition?
The pioneers saw the 'sat' as the highest tribute to Satoshi Nakamoto. However, in the day-to-day of a merchant, dealing with 0.00004321 BTC feels more like a chemistry exercise than a cash sum. Beginners give up; sellers sigh. The promise of a simple bitcoin dissolves in the commas.
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word of the day
what is the 7 letter one?
what is the 7 letter one?
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$SYRUP ours, it was 1 dollar in the first minute. Those who managed to take advantage are happy.
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