Federico
Sat Jun 08 2024
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0 answers
0
How do I start crypto and make money?
I'm really interested in the cryptocurrency space, but I'm a bit overwhelmed with where to start. Could you please explain to me in simple terms how I can get into crypto and potentially make some money from it? What are the first steps I should take? Do I need to invest a large amount of money to start? Are there any risks I should be aware of? I've heard about mining and trading, but how do they work? Is there a specific type of cryptocurrency that's more profitable than others? Any advice or resources you could recommend to help me navigate this new territory would be greatly appreciated.
CryptoLegend
Sat Jun 08 2024
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7 answers
1518
What is the EU decision on crypto?｜, along with an initiative to introduce identity checks for offline wallets accepting funds. That is, crypto exchanges in the EU will require KYC for their clients to complete any transaction.The provision that regulates the €1,000 limit for businesses using their own crypto wallets for transactions was removed
Could you please elaborate on the recent EU decision regarding cryptocurrency? I've heard there's an initiative to introduce identity checks for offline wallets receiving funds. Does this mean that crypto exchanges in the EU will now mandate KYC procedures for their clients to complete any transactions ? Also, I've noticed the removal of the €1,000 limit for businesses utilizing their own crypto wallets for transactions. Could you explain the rationale behind these decisions and their potential impacts on the crypto industry?
Alessandro
Sat Jun 08 2024
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7 answers
1193
Is crypto allowed in Brazil?｜Companies operating in the crypto segment, such as exchanges, now need a license to operate in the country, as is required for financial institutions. They must also obtain the legal entity registration number in Brazil (CNPJ).
Hello there, could you possibly enlighten me on the current regulations regarding cryptocurrency in Brazil? I've been hearing conflicting reports on whether or not it's allowed there. And also, if it is allowed, I'm interested in understanding the legal framework for businesses operating in the crypto space. Do companies like crypto exchanges now require a license to function within Brazil? Is there any additional registration or permit needed, akin to what financial institutions are mandated to have? For instance, is there a specific legal entity registration number they need to obtain in Brazil? It would be greatly appreciated if you could provide some clarity on these matters. Thank you in advance for your assistance.
CryptoDynastyLord
Sat Jun 08 2024
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7 answers
1378
What country owns most crypto?｜It's challenging to accurately determine which country owns the most Bitcoin due to the cryptocurrency's decentralized and anonymous nature. However, the United States dominates with 69,640 BTC, accounting for 90.3% of the world's government-held Bitcoin.
Could you please clarify for me? In terms of cryptocurrency ownership, which nation holds the lion's share? I've heard rumors about the anonymity and decentralization of cryptocurrencies, making it difficult to pinpoint exact figures. Nevertheless, I've come across a statistic stating that the United States holds a significant amount of Bitcoin, specifically 69,640 BTC, which purportedly comprises nearly 90.3% of the world's government-held Bitcoin. Is this information accurate, and if so, what factors contribute to the United States' dominance in this realm?
Stefano
Sat Jun 08 2024
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6 answers
932
Is crypto gains taxable in Dubai?
Could you please clarify whether profits derived from cryptocurrency transactions are subject to taxation in Dubai? I'm interested in understanding the tax implications for investors in the region, as I'm considering investing in cryptocurrencies but want to ensure I comply with all applicable tax regulations. Could you also provide any insights into how Dubai's tax laws might differ from other jurisdictions in this regard? Thank you for your assistance in this matter.
