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Spain sets new rules for influencers who promote cryptocurrency
Spain is establishing rules related to how influencers, their sponsors and others promote cryptocurrencies. Influencers and other advertisers with more than 100,000 followers in the country must notify the National Securities Market Commission (CNMV) at least 10 days before plugging crypto assets. They’ll face fines of up to €300,000 (around $342,000) for breaching the rules, […]
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No Legal Backing, Frowned Upon By The RBI
Representative image Nowadays, there is a new frontier of risks emerging in investments – that of Bitcoin and other cryptocurrencies. Reportedly, there are more than 10 crore crypto investors in India, far higher than in any other country in the world. As a percentage of population though, there are many countries ahead of India. The […]
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Passive Income for Dropshipping in Amazon Business Marketing Reviews on Affiliate
Having a business and then able to bring money from it with fewer efforts sounds very appealing. No doubt! In today’s world, passive income is something that everyone wishes to achieve in a short period of time, but people don’t know the way from where to start. One of the most considered business for passive […]
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Chevron CEO says company is investing in a lower carbon energy system
Chevron has taken steps to lessen the oil and gas giant’s dependence on fossil fuels, laying a path to an energy system with a reduced carbon footprint, CEO Mike Wirth told CNBC’s Jim Cramer Wednesday. “We embrace a lower carbon future. We expect a lower carbon energy system,” Wirth said in a “Mad Money” interview. […]
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OKCoin to Airdrop Up to $1 Million of Free STX Cryptocurrency
In brief OKCoin is airdropping Stacks (STX) tokens. That’s after they list Blockstack’s coin on January 14. It’ll start with a $100,000 airdrop. If things go well, the exchange plans to give away much more. Listen up, kids! A cryptocurrency exchange called OKCoin will next month pour $100,000 of free STX tokens from the skies. […]
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The Treasury Department Releases Final and Proposed PFIC Regulations | Weil, Gotshal & Manges LLP
[co-author: Kerri Gallagher] On December 4, 2020, the IRS released final regulations (T.D. 9936) and proposed regulations (REG-111950-20) relating to the modification of the passive foreign investment company (PFIC) rules. These regulations contain rules for determining when a foreign corporation is classified as a PFIC and whether a U.S. person indirectly holding stock in a […]
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France Eyes Strict Rules For Crypto Transactions
Share Tweet Share Share Share Print Email France could propose stricter regulations on cryptocurrency firms, according to The Block. Simon Polrot, president of French crypto association ADAN, told The Block that the country’s Finance Ministry is planning to require full know-your-customer (KYC) measures for all crypto transactions, regardless of the size of the transaction, and […]
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Here is how to earn passive income every day by staking Ethereum
The Ethereum Beacon Chain has finally sailed after reaching the minimum required 524,288 ETH threshold. There are several steps investors need to follow to earn passive income by staking their ETH. The long-awaited update of the Ethereum consensus mechanism from Proof-of-Work (PoW) to Proof-of-Stake has presented holders with enough tokens the opportunity to contribute to […]
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Simplex Launches Global Onramp For Crypto’s Online Bankers
Fintech company Simplex has released an online B2B crypto banking solution that could allow far-flung global customers the same regulated security as consumer banks. Known as Simplex Banking, the new product allows Simplex partners to offer their clients the chance to purchase and trade cryptocurrency by granting them a unique IBAN (International Bank Account Number), […]
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I’d follow Warren Buffett’s tips to retire on a growing passive income
Mirroring Warren Buffett’s insistence on purchasing high-quality companies could allow an investor to generate a larger passive income in retirement. Such companies may offer more impressive profit growth and higher returns than their peers in the long run. Furthermore, adopting his long-term focus may mean that compounding has a longer timeframe through which to positively […]