Puerto Rican Treasury Department Aims to Tax NFT Sales

NFTThe Treasury Department of Puerto Rico has published a working document that amends the current “Sales and Usage Tax” to include NFT sales. While this proposal has yet to be approved, experts believe the inclusion of NFTs in this reform brings validation to the asset class, but also that the application of this regulation presents […]

Rich Dad Poor Dad’s Robert Kiyosaki Says the Fed and Treasury Are Destroying the Dollar, Advises Saving Bitcoin

Rich Dad Poor Dad's Robert Kiyosaki Says Fed and Treasury Are Destroying the dollar, Advises Saving in BitcoinThe famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has warned that the Federal Reserve and the Treasury are destroying the U.S. dollar. Noting that they are sending billions of dollar savers and uninformed investors to “financial hell,” he advised, “Save gold, silver, and bitcoin.” Robert Kiyosaki’s Warning and Advice Robert […]

Fidelity Expects More Countries to Acquire Bitcoin Citing ‘Very High Stakes Game Theory’

Fidelity Expects Sovereign States and Central Banks to Acquire Bitcoin Citing ‘Very High Stakes Game Theory’Fidelity expects more sovereign nation states, or even a central bank, to acquire bitcoin this year. “There is very high stakes game theory at play here, whereby if bitcoin adoption increases, the countries that secure some bitcoin today will be better off competitively than their peers,” the firm explained. Fidelity’s Crypto Predictions Fidelity Digital Assets, […]

Rio De Janeiro to Invest 1% of Its Treasury in Cryptocurrency

rio de janeiroRio de Janeiro, one of the largest cities in Brazil, will invest part of its Treasury in cryptocurrencies. The announcement was made by the mayor of Rio, Eduardo Paes, during Rio Innovation Week. The plan is to turn the city into a cryptocurrency-friendly hub, and there are other tax incentives that will also be put […]