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Top 10 Countries Where Most People Own Cryptocurrencies Thailand Thailand leads the list with 20.1% of its population owning cryptocurrencies. While the country is crypto-friendly, it has banned NFTs and meme coins. Additionally, a 15% capital gains tax on crypto...

Polygon (MATIC) Polygon, which issues MATIC coins, was created to address Ethereum’s challenges, such as high costs and slow speeds. While Ethereum’s average transaction fee is $25, it increases during network congestion. Polygon enhances Ethereum’s network...

Can You Offset Crypto Losses Against Profits? The new tax rules impose a strict 30% taxation on cryptocurrency income. However, losses from transferring digital assets cannot be deducted from other profits. This approach differs from current tax laws, which allow...

Past Achievements In 2016, CMCC Global was a leading investor in Solana’s blockchain platform. The firm invested $1 million in private tokens in 2018, with shares priced at just 20 cents each. Fast forward a few years, and Solana had become the sixth-largest...

Key Provisions of the Approved Legislation The Committee on Economic and Monetary Affairs (ECON) and the Committee on Civil Liberties (LIBE) voted overwhelmingly in favor of the proposal, with 93 votes to 14 and 14 abstentions. Introduced over a year ago by the...

The FCA has a firm stand on crypto regulation amid the retail investors’ spike for digital assets. There are only 33 firms that have achieved permanent registration with the FCA. Britain’s financial authorities, such as the Bank of England, scrutinize the sector to...