Giuseppe
Fri Jun 07 2024
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5 answers
1114
Is crypto banned in Hong Kong?｜, in the first step towards granting the first virtual asset trading platform (VATP) licenses since 2022.The Hong Kong Securities and Futures Commission has granted initial approval to 11 cryptocurrency exchanges to continue operating in the city
Could you please clarify if cryptocurrencies are banned in Hong Kong? I've read that the Hong Kong Securities and Futures Commission has granted initial approval to 11 cryptocurrency exchanges to continue operating in the city, marking the first step towards granting the first virtual asset trading platform (VATP) licences since 2022. This suggests that cryptocurrencies are not banned, but rather regulated. Is this correct?
ShintoBlessing
Fri Jun 07 2024
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6 answers
1231
What app is legit to earn money?
I'm curious, could you recommend an app that's genuinely legitimate for earning money? I've heard about various platforms, but I'm not sure which ones are trustworthy. Is there a specific app you would suggest, based on your expertise in the field of finance and cryptocurrencies? It would be great if it offers a secure and reliable way to generate income. Could you please elaborate on this matter?
KatanaSwordsmanship
Fri Jun 07 2024
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7 answers
1243
Do rich people invest in crypto?｜. The billionaire started aggressively buying Bitcoin back in mid-2020, and has been continually ramping up his company's Bitcoin holdings since then. Any talk of billionaires buying Bitcoin has to start with Michael Saylor, executive chairman and co-founder of MicroStrategy (MSTR -3.65%)
Does wealthy individuals invest in cryptocurrency? Take the case of billionaires, for instance. Have they shown any inclination towards investing in crypto? It seems that one particular billionaire has taken a rather aggressive approach to Bitcoin acquisition. Since mid-2020, this billionaire has been actively purchasing Bitcoin, and his company's holdings have been steadily increasing since then. When discussing billionaires' investments in Bitcoin, Michael Saylor's name often comes to the forefront. As the executive chairman and co-founder of MicroStrategy, has he played a pivotal role in this trend? Could his actions be indicative of a broader trend among the wealthy towards crypto investments?
Caterina
Fri Jun 07 2024
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7 answers
1710
What countries are most friendly to cryptocurrency?｜Which Countries are Considered the Most Crypto-friendly? Countries like are often cited as crypto-friendly due to their favorable regulations, vibrant crypto communities, and supportive government policies.Singapore, Switzerland, Malta, Estonia, and Portugal
Could you elaborate on which countries are generally regarded as the most welcoming towards cryptocurrency? I've heard mentions of Singapore, Switzerland, Malta, Estonia, and Portugal as being crypto-friendly. Could you explain why these countries are often cited as such? Are their regulatory frameworks particularly favorable for cryptocurrency? Do they have active crypto communities? And what kind of supportive government policies do they have towards the crypto space?
RubyGlider
Fri Jun 07 2024
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6 answers
1460
Does Australia tax Bitcoin?｜. In crypto investors' ideal world, taxes wouldn't apply to digital currency; however, as the federal government considers your crypto s to be assets, they fall under the Capital Gains Tax (CGT) umbrella.Yes , you must pay tax on your crypto if you hold it as an
Does Australia levy taxes on Bitcoin transactions? In the utopian vision of many crypto investors, taxes shouldn't encumber digital currencies. But in reality, since the Australian federal government treats cryptocurrencies as assets, they're subject to Capital Gains Tax (CGT) regulations. Therefore, am I correct in assuming that if I hold Bitcoin as an investment, I'm obligated to pay taxes on it?
