Another crypto week culminates and in this edition, we bring you the most outstanding news. Probably, the most important information of this crypto summary, is about: “Portugal objects to cryptocurrency tax proposal”.
As usual, for this crypto summary, the 5 most important news of the week are selected. These are the headlines:
- Portugal refutes cryptocurrency tax proposal.
- Binance obtains registration in Italy.
- Is Terra (Moon) coming back to life?
- Rapper Drake gave away 35 Bitcoins.
- Banco de Panama creates accounts for bitcoiners.
Portugal objects to cryptocurrency tax proposal
To start with the crypto summary, the Assembly of the Republic of Portugal, rejected in a session the controversial proposal that taxes and imposes the payment of taxes on the use and trade of cryptocurrencies.
As a curious fact, the rejection of the tax proposal is considered by many to be a victory for the crypto ecosystem.
Binance obtains registration in Italy
Next, the entry of Binance in the Register of Virtual Currency Operators managed by OAM (Agents and Brokers) is a fact. Thus fully complying with the provisions of Italy with the legislation regulating activities related to cryptocurrencies.
«Since day one, Binance has always put its users first. And, thanks to interventions such as the establishment of the registry, they will be able to have even more confidence in a leading and reliable platform like Binance».
Is Terra (Moon) coming back to life?
Indeed, the LUNA cryptocurrency has returned to the headlines in its version 2.0. In particular, Do Kwon, the co-founder and CEO of Terraform Labs, confirmed the relaunch of the new Terra chain, Terra 2.0. Which aims to revive the fallen ecosystem of Terra (LUNA) and TerraUSD (UST).
Rapper Drake gave away 35 Bitcoins
Now, rapper and prominent cryptocurrency fan Drake felt generous when he gave away 35 Bitcoins during a live broadcast.
Viewers were randomly selected to receive gifts of up to 2.6 Bitcoin (BTC). While Drake was video calling the winners from all over the world, sharing the love with his fellow Canadians and from as far away as Argentina, India, Mexico, Brazil and Jordan.
Banco de Panama creates accounts for bitcoiners
Certainly, the representatives of Towerbank in Panama, are invite bitcoiners to open their accounts in the entity. They assure that, by doing so, they will not suffer blockages, closures or other setbacks that Panamanian citizens usually report from banking when they carry out operations with cryptocurrencies.
So, Gabriel Campa, vice president of product at Towerbank, indicated: “The bank is launching its Crypto Friendly account to have an approach with cryptocurrency users».
He further added: “We want to work with you and find out what we can create to help you be part of this new world, that of cryptocurrencies».
By way of closing, so that you don’t miss any details about what is happening in the world, check out these and other crypto news, through our main page.
I take my leave with this quote from Michael Saylor: “Bitcoin is the safest thing in an uncertain world».
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