Spanish citizens to declare foreign crypto holdings by end of March 2024

Spanish residents holding any crypto assets on non-Spanish platforms will have to declare them by March 31, 2024, under new laws governing the taxation of virtual assets. The Spanish Tax Administration Agency, commonly known as Agencia Tributaria, has published form 721, a tax de ...

Hong Kong’s attitude toward crypto sours after JPEX saga: Survey

Public attitude towards cryptocurrency in Hong Kong has taken a dive following the JPEX crypto exchange scandal, according to the initial findings of a new survey.The survey, conducted by The Hong Kong University of Science and Technology’s business school, was to understand how publ ...

Kakao and Com2uS Downsizing Metaverse Teams Amid First-Half Losses

South Korea's top internet company, Kakao, and leading game developer, Com2uS, are reportedly downsizing their metaverse teams due to significant losses incurred by their virtual world platforms in the first half of 2023. Here are some key points: Com2uS, a major mobile game developer w ...

76% of Vietnamese crypto holders invest based on referrals — Report

Over three-quarters of Vietnamese crypto holders make investment decisions through friends' referrals.That's according to an Aug. 30 report by Vietnamese venture capital firms Kyros Ventures and Coin68, alongside Animoca Brands. In the 3,300-participant survey, 75.5% of participants admitt ...

Blockchain could save financial institutions $10B by 2030: Ripple

Blockchain has the potential to save financial institutions approximately $10 billion in cross-border payment costs by the year 2030, according to a recent report.Published by digital payment network Ripple, in collaboration with the US Faster Payments Council (FPC) on July 29, the report ...

Chinese, Indian investment professionals show strong support for CBDC in new survey

The CFA Institute, the professional association that provides Chartered Financial Analyst credentialing, surveyed its members on their perceptions of central bank digital currency (CBDC), saying it wanted to examine the demand-side outlook on the financial technology. The survey found ...

Crypto survey finds 47% of investors expect Ether to ‘surpass’ Bitcoin

Fidelity Digital Assets released a “Q2 2023 Signals Report” on July 18, which claimed that Ether’s outlook for the next 12 months and the long term is positive. Year-to-date, Ether (ETH) has gained 62%, but while the investment firm might be short-term bullish on Ether ...

Survey Reveals Complexity as Main Obstacle to DeFi Adoption

Popular decentralized exchange Uniswap conducted a survey of 1,860 American citizens. It turned out that the main obstacle to using DeFi was the complexity of the work. The report reports that many users of centralized platforms are interested in decentralized finance (De ...

Coinbase Expands Services in Singapore, Offers USDC Purchases and Staking Rewards

American cryptocurrency exchange Coinbase continues to develop its international presence - the site introduced new services for customers from Singapore. Coinbase Singapore users will be able to buy USDC with the Singapore dollar without commissions. They will also be ...

Goldman Sachs Study Shows One-Third of Family Investment Firms Invested in Cryptocurrencies

Goldman Sachs, a large investment bank, conducted a study of investments of family companies in various assets. It turned out that a third of these firms invested in cryptocurrencies. Interestingly, the main incentive for family investment firms to invest in digital asset ...

Family Offices Show Increased Reluctance to Invest in Cryptocurrencies, Goldman Sachs Study Finds

Such companies invest less in digital money And prefer more stable assets Goldman Sachs conducted a study into which areas family offices invest. It shows how rising interest rates affect asset allocation. Family offices are firms that manage assets. As a rule ...

Survey Reveals Features Wanted by Potential Digital Euro Users

The European Central Bank (ECB), together with the London-based analytical company Kantar Group, conducted a survey among potential users of the digital euro, what features they would like to see in it. The survey involved 321 respondents from Germany, Belgium, Spain, Ire ...

Study Shows Millennials Are the Largest Group of Crypto Enthusiasts

A recent research study by Bitget, a cryptocurrency exchange, revealed that millennials between the ages of 27 to 42 make up almost half (46%) of all cryptocurrency enthusiasts. The study was conducted between July 2022 and January 2023 and surveyed 459,000 cryptocurrency holders from 26 countrie ...

Almost Half of NFT Holders Support Regulation to Mitigate Risks, Survey Shows

A new study by CoinGecko, a digital currency information aggregator, revealed that almost half of NFT holders are in favor of introducing regulations to protect themselves from potential risks. The survey was conducted between December 2022 and January 2023, with 343 non-fungible token (NFT) hold ...

Latin Americans More Confident in Cryptocurrencies as Legal Tender than Americans, Survey Finds

Morning Consult recently conducted a survey among 2,200 US residents and 1,000 citizens from four Latin American countries, including Argentina, Chile, Colombia, and Mexico, to gauge their opinions on the future of cryptocurrencies. The results were surprising, as the majority of Latin Americans ...

Institutional Investors Show Strong Interest in Cryptocurrency ETFs

BBH recently conducted a sentiment survey among institutional investors, revealing a significant interest in cryptocurrencies, despite a temporary slowdown in purchases. BBH analysts surveyed a diverse group of 325 institutional investors, financial advisors, and fund managers from the US, UK, Eu ...

Kaspersky Lab Survey Reveals Over One-Third of American Crypto Owners Scammed

According to a recent survey by Kaspersky Lab, more than one-third of Americans who own cryptocurrencies have fallen victim to scams. The survey, which was conducted between October 20 and 24, 2022, among 2,000 Americans, revealed that many cryptocurrency users fail to take adequate security meas ...

Survey Shows 20% of Americans Own Cryptocurrencies and Believe in the Future of Blockchain and Digital Assets

Based on a study conducted by Coinbase and Morning Consult, it has been found that one-fifth of the American population owns digital currencies. The majority of the participants in the survey believe that blockchain and digital assets hold the key to the future. ...

Survey Finds 20% of Americans Own Cryptocurrencies and Believe in Blockchain’s Future

Based on research by Coinbase and Morning Consult, it was found that approximately one-fifth of the US population owns some form of cryptocurrency. The survey, which involved over 2,000 American citizens, revealed that the majority of respondents believe that the future lies with digital assets and ...