Search results for "KARMA"
02:10

ETHGlobal Prague announced the list of finalists, covering various fields such as blockchain games and cross-chain.

Gate News bot message, ETHGlobal Prague has announced the list of finalists for the competition. The shortlisted projects include the on-chain game project Yetris, the cross-chain token cleaner DUST OPS, the travel verification project Wrld Map, the on-chain proof project Karma Proof, the LP yield project Detox-Hook, the credit loan project 0xCollateral, the payment layer MCPay fun, the virtual pet project Pomodoki, the AI conversation work project conduct chat, and the on-chain garbage cleaning project Decycle. Source: Wu Shuo
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06:17

Indonesia intends to reassess the income tax and VAT levied on crypto transactions

Executives at Indonesia's commodity futures trading regulator, also known as Bappebti, specifically requested a reassessment of the government's 0.11% VAT on each Crypto Assets transaction, as well as a 0.1% income tax, according to local media reports. Tirta Karma Senjaya, Director General of the Bappebti Market Development Bureau, explained that the reason behind this is that Crypto Assets are expected to become an integral part of Indonesia's overall economy in the near future. The report further states that in January 2024, the total government revenue from Indonesia's Crypto Assets tax reached $2.49 million. Although these crypto taxes have been in effect in Indonesia for almost two years, Senjaya said they should be reviewed annually like other tax laws. "The assessment is necessary because this provision has been in place for a year Long," the report states. Usually, taxes are assessed every year. In addition, the number of Crypto Assets holders increased by more than 11%, from 11.2 million in 2021 to 12.4 million.
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21:58
PANews news on July 4th, according to CoinDesk, Kyle Davies, co-founder of Three Arrows Capital (3AC), said on Twitter Spaces hosted by Mario Nafwal on Monday that the two founders of Three Arrows Capital will repay the losses due to the bankruptcy of the fund last year. of creditors donate "future proceeds". Davies said the co-founders believed in "karma" and that the additional donations would complement creditors' compensation through the formal liquidation process. In fact, some early creditors have been compensated, he said.
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15:07
Odaily Planet Daily News Venture capital firm QED Investors’ two funds have completed a fundraising of US$925 million, one of which is an early-stage fund with a fundraising scale of US$650 million, and the other early-stage growth fund is raising a scale of US$275 million. The Fund will support QED's continued investments in payments, lending and cryptocurrencies globally. It is reported that QED has invested in financial technology companies such as Credit Karma, Klarna, Nubank, and Remitly. Investments in the cryptocurrency field include encrypted trading platform Shakepay, encrypted financial company Meow, blockchain development platform QuickNode, and financial technology payment company Tribal Credit.
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