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CATEGORY: gift


Mar 14, 2025 05:50

DigiFT unveils new Invesco private credit token on Arbitrum platform

In a recent development, DiGiFT, a digital fund specializing in decentralized finance, has announced a strategic investment in Invesco’s Private Credit Token on the Arbitrum blockchain. This move marks a significant step in the integration of traditional financial instruments into the rapidly evolving world of decentralized finance. The partnership between DiGiFT and Invesco represents a [...]

The post DigiFT unveils new Invesco private credit token on Arbitrum platform appeared first on Crypto Breaking News.

Mar 30, 2023 05:50

FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense

According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave “at least $10 million” from the now-defunct quantitative trading firm Alameda Research to his [...]

The post FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense appeared first on Crypto Breaking News.

Feb 16, 2023 06:30

Gifto (GFT) Price Prediction: Gifto in Consolidation Phase as Curve Dao and BNX Continue the Surge in Value

Gifto (GFT) currently has a market capitalization of $115,463,053 based on its circulating supply of 1 billion GFT tokens. At the time of writing GFT [...]

Under the Christmas tree: The best crypto gifts this holiday season

Author: Cointelegraph By Elena Perez
United States
Dec 21, 2022 04:40

Under the Christmas tree: The best crypto gifts this holiday season

What to put under the Christmas tree for the cryptocurrency enthusiast in the family.

How can UK-based businesses accept Bitcoin?

Author: Cointelegraph By Jagjit Singh
United States
Dec 05, 2022 04:45

How can UK-based businesses accept Bitcoin?

Through Bitcoin payment processors like BitPay, businesses in the UK can offer BTC as a payment method during checkout.

South Korea mulls gift tax on airdrops, staking rewards, and hard-forked tokens

Author: noreply@blogger.com (Unknown)
United States
Aug 22, 2022 02:50

South Korea mulls gift tax on airdrops, staking rewards, and hard-forked tokens

Despite postponing crypto gains tax to 2025, the South Korean Ministry of Strategy and Finance has today declared that virtual asset airdrops, hard forked tokens, and staking rewards will be subject to a gift tax under the Inheritance and Gift Tax Act.

South Korea has on several occasions postponed crypto gains tax citing a lack of regulatory guidelines and investor protection measures concerning cryptocurrencies which are officially referred to as virtual assets under South Korean law.

Crypto gift tax in South Korea

Today’s declaration by the South Korean tax authority is in response to an inquiry about transfers of virtual asset airdrops by crypto exchanges.

In its response, the tax authority directed that any virtual asset transfers made by crypto exchanges in form of staking rewards, airdrops, and hard forked tokens will attract a gift tax.

According to a local publication, the gift tax will be charged to the third party to whom the virtual asset is being transferred too freely.

Despite the postponement of the crypto gains tax, virtual asset transfers will attract a 10% to 15% tax under the Inheritance and Gift Tax Act. According to the law, the recipient of the “gift” (i.e. staking reward, hard-forked tokens, or airdrops) is required to file a gift tax within three months of receiving the gift.

However, due to a lack of regulations, the ministry clarified that the actual taxation of such transfers shall be considered on a “case-to-case basis.” A statement from the ministry read:

“Whether a specific virtual asset transaction is subject to gift tax or not is a matter to be determined in consideration of the transaction situation, such as whether it is a consideration or whether actual property and profits are transferred.”

The post South Korea mulls gift tax on airdrops, staking rewards, and hard-forked tokens appeared first on Invezz.



from Cryptocurrency – Invezz

Jun 23, 2022 11:05

The Father’s Day Gift Guide For Bitcoiners

Dad’s don’t necessarily need special or fancy gifts, but Bitcoiners want to make sure our dads have the Bitcoin tools and gadgets they need.

Mar 29, 2022 05:10

CryptoBuxx Announces First NFT Collection Tied Directly to Price of Crypto

CryptoBuxx Announces First NFT Collection Tied Directly to Price of Crypto Asset-Backed NFTs Are Redeemable For Cryptocurrency BOSTON, MA Mon Mar 28 2022 18:05:00 GMT-0400 (EDT) (Blockchain Wire)  Cara Harbor AMP PR 925-285-0789 Source link

Mar 26, 2022 01:35

Venezuela’s Sunacrip Launches Petro-Based Gift Card Market and Exchange – Emerging Markets Bitcoin News

Sunacrip, the Venezuelan cryptocurrency watchdog, has announced a set of improvements to its Petroapp wallet, allowing Venezuelans to use the petro (PTR) for new functions. The app now has an embedded cryptocurrency exchange that allows users to exchange petros for other currencies, and a series of gift card and payment options to increase adoption. […]

Jan 17, 2022 10:45

Pope Francis’s Pontifex Carpet Gift Sold as NFT for Charity Purpose in Afghanistan


A Pontifex carpet gifted to Pope Francis by Sheikh Mohamad Bin Zayed Al Nahyan during his visit to the Vatican in Sept 2016 was sold as an NFT for 25 Ether, approximately $81,886. (Read More)

Jan 16, 2022 01:35

Gift to Pope Francis Sold as NFT Raises $80,000 for Afghanistan – Bitcoin News

A carpet presented by the United Arab Emirates as a gift to the head of the Catholic Church a few years ago has been sold in the form of NFT. While the original remains in the Vatican, its digital representation has been successfully used to collect funds for the people of Afghanistan. NFT of Historic […]

Dec 25, 2021 01:35

Bitcoin battles bears ‘on offense’ as Christmas delivers a $50K BTC gift

Bitcoin (BTC) held $50,000 into Dec. 25 as BTC bulls avoided an unwelcome Christmas Day surprise. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “Bears become bulls” short term? Data from Cointelegraph Markets Pro and TradingView showed BTC/USD maintaining $50,000 support into the weekend, having ranged after local highs above $51,500. The pair was calm as the […]

Dec 23, 2021 11:25

Gift Cards Exchange BuySellVouchers Has Switched to a New Design

BuySellVouchers is widely known for being one of the best places in the world where you can buy and sell gift cards with e-currencies and even crypto as well. The company has been a part of the industry since 2012 and they’ve continued to grow and expand ever since that point. Nowadays, BuySellVouchers continues to […]

The post Gift Cards Exchange BuySellVouchers Has Switched to a New Design appeared first on NullTX.

Dec 17, 2021 05:20

Robinhood Launches Cryptocurrency Gifts Program – Featured Bitcoin News

Trading platform Robinhood is launching a cryptocurrency gifts program, allowing users to gift several cryptocurrencies, including bitcoin, dogecoin, ether, bitcoin cash, and litecoin. As with crypto trading, gifts are commission free and users can gift as little as $1 in cryptocurrency. Robinhood’s Crypto Gifts Program Robinhood announced Thursday the upcoming launch of Robinhood Crypto’s “Cryptocurrency […]

Dec 17, 2021 12:11

New Robinhood Feature Allows Users To Gift Crypto To Family And Friends

Trading app Robinhood has announced a new feature that would allow users to gift cryptocurrencies to their friends and family. This comes as the holiday season is in full bloom and people are scrambling to get the perfect gifts for their family and friends this Christmas. This new feature will allow for the seamless transfer of crypto from one user to another inside the Robinhood app. Crypto Gifting Made Easy Robinhood announced via a blog post on Thursday that it was rolling out a new feature on its platform. The gifting feature would allow users to share crypto with their friends and family through the app. The push behind the feature was encouraging holiday shoppers to instead skip the long lines and pressures of last-minute shopping for gifts that end up worthless after the holidays in favor of something that appreciates in value like cryptocurrencies. Related Reading | Crypto Market Bloodbath Creates Largest Stretch Of Fear Since April Peak Robinhood has made its name as one of the leading trading apps in the United States, with 22 million users in the country. A large demographic is Millenials who are more likely to gift crypto to their friends and family. Users can choose from a list of seven cryptocurrencies that they want to gift to family and friends and then send the crypto gift to them inside the app. In addition, users are able to send a unique design and personal message with their crypto gift to make it even more meaningful. How To Gift With Robinhood Inside the Robinhood app, users can click the “Gift” button and then choose from a list of seven cryptocurrencies that they want to gift. These include Bitcoin (BTC), Ethereum (ETH), and investor favorite Dogecoin (Doge). Next is to choose the method of delivery for the users. This could either be by text or by email and the recipient will get a link to redeem the gift. Related Reading | FED’s Powell Doesn’t Think Crypto Risks Financial Stability Once a crypto gift is sent, the recipient will have a total of 14 days to redeem it. If they are already a Robinhood user, they are able to redeem the gift inside of the app. However, if they are not a user, they will need to sign up to claim the gift. If 14 days elapse and the recipient does not redeem the gift, then the crypto is sent back to the sender at no cost. Robinhood users can send as little as $1 to their recipient of choice and pay 0% in commission when they do so. Featured image from 9to5Mac, chart from TradingView.com

Survey says crypto popular holiday gift for Americans — NFTs not so much

Author: Cointelegraph By Erhan Kahraman
United States
Dec 07, 2021 04:50

Survey says crypto popular holiday gift for Americans — NFTs not so much

Bitcoin, Dogecoin and Ether lead the list as the most popular cryptocurrencies Americans plan to gift during the holiday season.

Nov 19, 2021 12:40

Gifto Price Prediction 2021 – Will GTO Hit $1 Soon?

Bullish Gifto price prediction ranges from $0.05 to $0.14 Gifto price might also reach $1 soon. Gifto bearish market price

The post has appeared first on thenewscrypto.com

Oct 06, 2021 07:05

AMC Theatres Accepts Crypto Payments to Purchase Electronic Gift Cards


AMC Theatres, America’s top theater, first launched an electronic gift card that can be purchased with cryptocurrency. (Read More)

Sep 30, 2021 10:45

Missouri Mayor to Airdrop $1,000 in Bitcoin to Cool Valley Residents


Missouri Mayor Jayson Stewart plans to give out $1,000 cash gifts in Bitcoin (BTC) to residents of Cool Valley. (Read More)

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