As Bitcoin adoption grows more and more, concerns about the need for scalability solutions increase. Lightning Network is the most important layer-two development currently available on the Bitcoin blockchain, and it seems that North Americans are the favorite demographic for this efficiency-focused micropayment solution. The Lightning Network is a layer-two solution currently under development. It […]
Quick Take By now, guidelines for taxation of cryptocurrency activities exist in most EU member countries. However, grey areas remain. Highly favorable tax treatments in some, and lack of taxation in other EU member countries enables regulatory arbitrage. This research piece is available to members of The Block Genesis. You can continue reading this Genesis […]
Peter Schiff may hate Bitcoin for having no value and being the money of criminals. Still, his bank Euro Pacific Capital is not without its sins either. A joint investigation by the tax authorities of Australia, the Netherlands, Canada, the United Kingdom, and the United States has Peter Schiff’s bank targeted for allegedly facilitating tax […]
The Central Bank of Spain published its Strategic Plan for 2020-2024, describing the objectives and strategies it will follow to boost its economy and adapt the country’s finances to the requirements of the modern era, and a CBDC is one of its priorities. The digital world is stealing the attention of the Spaniards. In its […]
Quick Take Some firms and retail investors could migrate offshore, and in particular to crypto-friendly EU jurisdictions. Others are betting that UK-based traders will turn to DeFi instead. This feature story is available to subscribers of The Block Daily. You can continue reading this Daily feature on The Block.
Quick Take Proposed crypto regulations in the EU make the UK, which had emerged as a global leader in crypto-specific policymaking, less attractive to crypto firms. But given that it might take a while to implement the new EU rules, Britain may have time to regain the upper hand. This feature story is available to […]
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