The platform has so far purchased over 7,700 no-longer valuable NFTs that previous owners can count as losses to reduce taxable capital gains. Author: Eli Tan
Archives for December 2022
Crypto Asset Manager Valkyrie Investments Wants to Sponsor, Manage Grayscale Bitcoin Trust
GBTC, the world’s largest bitcoin fund, has been trading at near a record discount relative to the price of bitcoin. Author: Helene Braun
CFIUS Plans to Review Any Deals Made By Bankrupt Crypto Lender Voyager
The review could impact the completion, timing and terms of any such deals, CFIUS said. Author: Nelson Wang
Italian Parliament Approves 26% Crypto-Gains Tax in 2023 Budget
Italian Prime Minister Giorgia Meloni’s new bill also includes an incentive for those declaring crypto for tax purposes. Author: Sandali Handagama
Regulators in the Bahamas Are Holding $3.5 Billion in FTX Customer Assets
Concerns over the security of assets in FTX custody prompted the Bahamian regulator to step in, a statement says. Author: Sam Reynolds
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