Spanish crypto exchange Bit2Me recently raised $15 million in a funding round led by Investcorp, with contributions from Telefónica Ventures, Stratminds VC, Cardano, and YGG fund. This investment will boost Bit2Me’s growth in Spain and accelerate its expansion in Latin America, targeting markets like Chile, Colombia, and Uruguay.
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Navigating the Taxing Waters: Spanish Crypto Landscape Amidst Soaring Regulations
“Over 70% of Spanish crypto enthusiasts experienced financial downturns in 2022, rising to 91% for those trading crypto derivatives and futures. The new requirement for crypto investors to declare their earnings may have encouraged intentional losses to reduce tax bills.”
Mastercard’s Crypto Credential: Balancing Security & Compliance with Decentralization Concerns
Mastercard introduces the Crypto Credential, a service ensuring secure, compliant transactions between verified users’ wallets, addressing fraud risks. Using CipherTrace’s technology, it aims to bridge the gap between traditional finance and digital assets while tackling challenges like user verification and compliance.
Mastercard’s Crypto Credential: A Step Towards Web3 Security or Hindrance to Digital Freedom?
Mastercard’s recent announcement of its new Web3 solution, dubbed the “Mastercard Crypto Credential,” has garnered […]