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A study by European cryptocurrency tax calculator Divly estimated that just 0.53% of cryptocurrency investors declared their cryptocurrency activity to their local tax authorities in 2022. However, „tax payment rates varied significantly by country, with Finland boasting the highest rate at 4.09% and the Philippines registering the lowest at 0.03%” – according to the press release. The subject of the crypto tax payments will be discussed at Banking 4.0 international conference.

On April 6th, National Bank of Romania held a conference with a subject never discussed before: cryptocurrencies. The theme proposed by the organizer was „Bitcoin versus Central Bank Digital Currency: The most important economic decision nations have ever faced”.

Today, Revolut enables the investment in Crypto Collections, for the UK and EEA customers, a new way to experience and trade tokens. Crypto Collections make cryptocurrency exploration, understanding, and tracking easier, and allow multiple currencies trade with a single tap.

All that means evidence on paper is a thing of the past. This industry decreases by about 10% every year. Someone has to take the place. Let the NFT take it!” says Valentin Stefan, General Manager of Posta Roman

By launching the “Hood Heroes” collection, the foundations of an ecosystem are laid where fans become partners of artists, by distributing royalties to NFT holders.

The European Banking Federation (EBF) has published a vision paper on a Digital Euro Ecosystem. The EBF sets forth its perspective on the digital money ecosystem of the future, where a retail digital euro, a wholesale CBDC and bank-issued money tokens could all play a role in enabling innovation, supporting customer needs and ensuring that Europe stays at the forefront of digital finance and the digital economy.

European savings and retail banks have questioned the business case for a digital euro, raising concerns about the unintended consequences for balance sheet deposits and the roll out of competing instant payments products. The subject of the digital euro will be analyzed at Banking 4.0 international conference.

To restrict transactions in cash and crypto assets, MEPs want to cap payments that can be accepted by persons providing goods or services. They set limits up to €7000 for cash payments and €1000 for crypto-asset transfers, where the customer cannot be identified.

With the MiCA vote rapidly approaching and significant movements happening in the traditional financial sector, it is essential to highlight the potential impacts that MiCA could have on the industry.

Integrating FIDO passkey technology will improve the speed and security of Binance users when logging into the platform. Binance announced that it has officially joined the FIDO Alliance, one of the most influential and largest associations focused on developing passwordless authentication standards. „We are committed to providing our users with the highest level of security and convenience as a member of this prestigious alliance.” – according to the press release.