El Salvador’s Bitcoin, AI plans could boost GDP tenfold by 2029: Cathie Wood
The ARK Invest CEO praised the Central American country for being an “oasis” for Bitcoin and AI adoption. Go to Source
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Crypto VC funding hits 2-year low, US firms still favorite: Galaxy Research
Despite macroeconomic headwinds, a Galaxy Research report says activity could rebound in the second quarter of 2023 following recent crypto price increases. Go to Source Powered by WPeMatico
UK Treasury Budget Discusses Separate Reporting of Crypto Assets in Tax Documents
Taxpayers in the United Kingdom will have to report cryptocurrency assets separately in their tax documents for the tax year 2024-25, according to the Exchequer’s recently published spring 2023 budget. New Criminal Offenses Planned by U.K. Government to Combat Tax Avoidance Amid the chaos in the banking sector following the collapse of Silicon Valley Bank’s … Read more
