Latest news about cryptocurrency in The Nomad Today

22/12/2021. Finance Minister María Jesús Montero speaks at the lower house of Parliamente (Congreso de los Diputados). Photo: Eva Ercolanese/PSOE.

Economy & Business

TAX FRAUD

Spanish Tax Agency focuses new anti-fraud plan on cryptocurrencies

The Nomad Today 2/2/22

The objective of the Treasury is to tax the capital gains derived from this type of operations with virtual currencies

Video

Operacion Troya Sevilla

The Nomad Today 1/31/22

Spain

CRYPTOCURRENCY

Spanish cops searching for drugs find illegal cryptocurrency farm

The Nomad Today 1/31/22

The illegal connection to the electricity network could generate a monthly electricity fraud of 2,000 euros

Economy & Business

CRYPTOCURRENCY

Bitcoin hits lowest level in half a year as crypto downturn continues

The Nomad Today/dpa 1/26/22

Rising interest rates are toxic for particularly risky investments such as digital currencies because they tend to increase the attractiveness of investments perceived as safe

FILED - Illustration - A bitcoin is pictured on a table. The International Monetary Fund (IMF) has urged El Salvador to abandon Bitcoin as a means of payment. Photo: Ina Fassbender/dpa.

Economy & Business

CRYPTOCURRENCY

IMF urges El Salvador to abandon Bitcoin as a means of payment

The Nomad Today/dpa 1/26/22

About 70% of El Salvador's approximately 6 million residents have no access to traditional financial services. Many depend on remittances from relatives in the United States

Economy & Business

CRYPTOCURRENCY

Bitcoin falls below 40,000 dollars for the first time since September

The Nomad Today/dpa 1/10/22

Other important digital currencies also came under pressure

07 March 2021, India, Kolkata: Indian Prime Minster Narendra Modi addresses supporters of the Bharatiya Janata Party (BJP) during a mass rally ahead of the state legislative assembly elections at the Brigade Parade ground in Kolkata. Photo: Avishek Das/SOPA Images via ZUMA Wire/dpa

Economy & Business

MONEY

India seeks to ban most cryptocurrencies, causing prices to tank

The Nomad Today/dpa 11/24/21

The bill seeks to prohibit all private cryptocurrencies in India, however, it allows for certain exceptions

FILED - "No to Bitcoin," reads a sticker on a street stall selling lollipops and other sweets. Many street vendors have opposed the digital currency. The Central American state is nevertheless the first country in the world to take this step. A law to this effect had been passed three months ago and will now come into force on 07.09.2021. It stipulates that every merchant who is technically capable of accepting Bitcoin as a means of payment must do so. Photo: Víctor Peña/dpa

World

CRYPTOCURRENCY

Bitcoin becomes legal tender in El Salvador

The Nomad Today/dpa 9/7/21

The law means every merchant must accept Bitcoin as a payment if they have the technical capacity to do so

Releases

CRYPTOCURRENCY

The story behind Doge: The crypto giant that started off as a joke

The Nomad Today 7/9/21

Dogecoin immediately was successful and its price rose by 300% within the first week

Releases

Will Bitcoin Emerge as the New Standard After the COVID Pandemic?

The Nomad Today 10/27/20

Though it may still take time before digital currency becomes mainstream, the prevalence of online transactions because of the current circumstances will lead to an increase in the adoption of…