Author: MNK News
US lawmakers debated crypto tax policy at Wednesday’s Senate Committee on Finance hearing, including possible tax exemptions for crypto transactions below a certain threshold and how income from staking services should be classified.Lawrence Zlatkin, the vice president of tax at crypto exchange Coinbase, urged the Senate committee to consider a de minimis tax exemption for cryptocurrency transactions under $300 to encourage commercial use in payments and ensure innovation occurs inside the US. Zlatkin said:“The guiding principle is simple parity with traditional finance. The same tax rules should apply to the same economic activity, whether it involves commodities, stocks, or tokens…
US lawmakers debated crypto tax policy at Wednesday’s Senate Committee on Finance hearing, including possible tax exemptions for crypto transactions below a certain threshold and how income from staking services should be classified.Lawrence Zlatkin, the vice president of tax at crypto exchange Coinbase, urged the Senate committee to consider a de minimis tax exemption for cryptocurrency transactions under $300 to encourage commercial use in payments and ensure innovation occurs inside the US. Zlatkin said:“The guiding principle is simple parity with traditional finance. The same tax rules should apply to the same economic activity, whether it involves commodities, stocks, or tokens…
US lawmakers debated crypto tax policy at Wednesday’s Senate Committee on Finance hearing, including possible tax exemptions for crypto transactions below a certain threshold and how income from staking services should be classified.Lawrence Zlatkin, the vice president of tax at crypto exchange Coinbase, urged the Senate committee to consider a de minimis tax exemption for cryptocurrency transactions under $300 to encourage commercial use in payments and ensure innovation occurs inside the US. Zlatkin said:“The guiding principle is simple parity with traditional finance. The same tax rules should apply to the same economic activity, whether it involves commodities, stocks, or tokens…
US lawmakers debated crypto tax policy at Wednesday’s Senate Committee on Finance hearing, including possible tax exemptions for crypto transactions below a certain threshold and how income from staking services should be classified.Lawrence Zlatkin, the vice president of tax at crypto exchange Coinbase, urged the Senate committee to consider a de minimis tax exemption for cryptocurrency transactions under $300 to encourage commercial use in payments and ensure innovation occurs inside the US. Zlatkin said:“The guiding principle is simple parity with traditional finance. The same tax rules should apply to the same economic activity, whether it involves commodities, stocks, or tokens…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…
A day after Amazon updated its security cameras, Google followed suit with its competing suite. A trio of new Nest security cams is available starting today. The latest Nest Doorbell and Nest Cams have higher-resolution (2K HDR) video and a wider field of view. That not only makes for better images, but it also opens the door to new (paid) AI features.Google’s new additions include the Nest Cam Indoor (3rd gen), Nest Cam Outdoor (2nd gen) and Nest Doorbell (3rd gen). The company says the devices were designed to “provide the rich, detailed data our multimodal AI uses to understand.”…
The crypto market seems ready for another leg up, as Bitcoin and other top altcoins seem to have started to surge in value once again. After a major correction from its all-time high, the total crypto market valuation is now on an uptrend again. However, the days when 20x or 50x pumps were common are likely over for the top altcoins that have reached the large-cap status. While these hold major growth potential, their valuation being in hundreds of millions or even billions of dollars may put a strain on such targets. For the investors seeking such a level of…
Oura’s fourth-generation smart ring has been on the market for around a year, but the company is still looking to broaden its appeal. Today, Oura is launching a version of the Ring 4 clad in Zirconia Ceramic, offering a combination of durability and eye-catching color. The Ring 4 Ceramic comes in four colors: Cloud (white), Midnight (dark blue), Petal (pink) or Tide (pale green), all of which are priced at $499.The company is talking up the various benefits of these new rings, explaining how durable the new ceramic coating is. For a start, since the color is embedded into the…
Is Oura going after hardcore fitness enthusiasts? The wearable maker’s new ceramic ring is built for high performance. The Finnish brand is also launching a new blood-testing service and other rollouts Oura is entering a new era. The Finnish smart ring maker, which has sold more than 5.5 million devices since 2015 and is on track to hit $1 billion in revenue this year, is unveiling its broadest product expansion yet. Leading the announcements is the Oura Ring 4 Ceramic, a high-performance zirconia edition of the brand’s flagship titanium smart ring that brings both durability and design innovation. Available worldwide…
Pakistan Cricket Board (PCB) and Asia Cricket Council (ACC) Chairman Mohsin Naqvi on Wednesday refuted claims by Indian media that he had apologised to the Board of Control for Cricket in India (BCCI) over the trophy handover issue at Sunday’s Asia Cup final. The closing ceremony of the men’s Asia Cup descended into farce on Sunday as the Indian cricket team refused to collect the winners’ trophy from the ACC chief, marking a historic low in cricketing relations between the two countries. Subsequently, Indian skipper Suryakumar Yadav complained his side were denied the trophy after winning the Asia Cup. Later,…