"If a Physical or Legal Person who is tax resident in Cyprus trades Cryptocurrencies on a regular basis then profits will be taxed as any other trading activity for Companies (12.5% Corporation Tax and Dividend or Deemed Dividends will apply accordingly) and for Physical Persons at the income...
Keep in mind that all these centralized exchanges will soon implement the travel rule, DAC8 for EU and many others things that will seriously affect privacy.
Yes reading BTC and ETH charts is becoming harder and harder. For some other alts it's a no brainer that there's a lot of upside ahead. And since so far everything in crypto still moves in locksteps, I guess BTC and ETH will still go up (or sideways in the worst case scenario).
Don't worry Jay...
Yes just fear tactics and psyops to try to scare the weak minded. They will make an example here and there to try to spread terror. Pretty much a Covid repeat with a crypto flavor.
Exactly. Nothing wrong about being fearful, just don't go into the privacy business in the first place. And don't be grandiloquent about your fight for humans rights when you know you will surrender by anticipation.
Yes Credit Suisse was very solid financially...
And UBS bitching about capital requirements is surely a sign of strong financial solidity too...
https://www.reuters.com/business/fi...out-new-capital-requirements-talk-2024-04-24/
There was a good essay of Arthur Hayes, ex CEO of Bitmex exchange, on why a liquidity air pocket could be expected in April. A bit long and technical but worth a read:
https://cryptohayes.substack.com/p/heatwave?utm_source=profile&utm_medium=reader2
Any reasons for Dubai and not some tax free Caribbean islands?
From the outside it does look like Canada is going bonkers. Exiting while it's still possible would be a good idea.
Yes for sure some would really enjoy to see them fail . Being the first mover in this case is not really an advantage, you make all the mistakes and take all the beatings that those coming after you will make sure to avoid.
And I also forgot the part where El Salvador did let its entire population get doxxed via the incentivized registration to the custodial Bitcoin Chivo wallet, or how to do crypto completely wrong...:
https://atlas21.com/hacker-publishes-data-of-almost-the-entire-population-of-el-salvador/
The only logical explanation is that they are leasing their gold and earn revenues for that. Back to the usual shenanigans with multiple claims on the same gold bars.
We won't come to an agreement on that so let's talk about facts instead.
So El Salvador in a couple of months went from selling citizenships for 1 million US dollars to give them away for free like hot potatoes.
El Salvador zealots tout on social medias how great the country is doing while in...
Why would you want to move to a dictatorship anyway? Oh right I forgot it's run by a benevolent dictator, such a clear cut concept:
https://philosophyterms.com/paradox-of-the-benevolent-dictator/
Because the current institutions are becoming more and more irrelevant every day and must be entirely rethought from the ground up. But most don't seem to want to let go of the past and cling to the hope that miraculously things will turn around.
That's why there's probably still a long way to...