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
Tax-Loss Harvesting Platform Unsellable is Building ‘The World’s Largest Collection of Worthless NFTs
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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