The United Kingdom’s tax collection body, Her Majesty’s Revenue and Customs (HMRC) has issued a new document that explains taxation guidelines for cryptocurrency. UK Crypto Regulations The Cryptoassets Manual defines the tax rates for crypto transactions that involve businesses and companies. They specifically deal with cryptocurrencies like bitcoin. The detailed document goes over which taxes…
Posts published by “Rahul N.”
Dapper Labs, the company behind the highly successful CryptoKitties and NBA Top Shot, has received $305 million in funding. Investors include Michael Jordan and Kevin Durant, with the entire round being led by investment firm Coatue. The new funding puts the company’s valuation at a staggering $2.6 billion — an incredible feat for a team…