BTC $79,662.59 +1.97%
ETH $2,392.14 +3.40%
BNB $710.52 +1.57%
XRP $1.31 +2.20%
SOL $95.43 +2.82%
TRX $0.3184 -0.05%
DOGE $0.0760 +1.75%
ADA $0.1953 +2.81%
BCH $287.77 +5.25%
LINK $11.43 +2.93%
HYPE $81.76 -3.78%
AAVE $131.09 -0.12%
SUI $0.9103 +0.73%
XLM $0.1644 +1.10%
ZEC $1,298.33 +0.94%
AAPL $352.37 +4.68%
AMZN $270.20 +3.96%
GOOGL $292.19 +3.27%
MSFT $555.22 +4.36%
META $636.79 +1.29%
NVDA $197.41 -4.74%
TSLA $377.35 -0.01%
SNDK $979.40 -11.72%
INTC $56.89 -4.55%
SPCX $132.88 -0.11%
MU $763.26 -9.32%
AMD $469.20 -3.92%
BTC $79,662.59 +1.97%
ETH $2,392.14 +3.40%
BNB $710.52 +1.57%
XRP $1.31 +2.20%
SOL $95.43 +2.82%
TRX $0.3184 -0.05%
DOGE $0.0760 +1.75%
ADA $0.1953 +2.81%
BCH $287.77 +5.25%
LINK $11.43 +2.93%
HYPE $81.76 -3.78%
AAVE $131.09 -0.12%
SUI $0.9103 +0.73%
XLM $0.1644 +1.10%
ZEC $1,298.33 +0.94%
AAPL $352.37 +4.68%
AMZN $270.20 +3.96%
GOOGL $292.19 +3.27%
MSFT $555.22 +4.36%
META $636.79 +1.29%
NVDA $197.41 -4.74%
TSLA $377.35 -0.01%
SNDK $979.40 -11.72%
INTC $56.89 -4.55%
SPCX $132.88 -0.11%
MU $763.26 -9.32%
AMD $469.20 -3.92%

euro

All
Article
Flash

first_img The French National Assembly passed an amendment requiring the declaration of self-custodied crypto assets exceeding 100,000 euros

According to Cointelegraph, the French National Assembly passed Amendment I-2701 with 150 votes in favor, 44 against, and 8 abstentions, requiring taxpayers to report self-custodied crypto assets totaling no less than 100,000 euros (approximately 112,000 USD) to the tax authorities, with the reporting threshold calculated based on the holdings as of December 31 of the relevant tax year.In the same session, the National Assembly rejected another amendment with 69 votes against and 14 in favor, which originally aimed to exempt from tax the income from crypto payments for goods and services not exceeding 1,000 euros (approximately 1,120 USD) within the tax year. The aforementioned reporting requirement has been included in the 2027 Finance Bill and must be retained in the final legislation to take effect. The National Assembly is required to complete the first reading of the bill by November 17, and the Senate is scheduled to begin discussions on November 20.The National Assembly also postponed the vote on the revenue portion of the budget for the second time, which was originally scheduled for October 20. Faustine Fleuret, the global public affairs head of the lending protocol Morpho, stated that the revenue portion "is likely to be rejected," which could lead to the entire bill being rejected in the National Assembly, including the provisions incorporated through the passed amendments.Previously, the assembly rejected two proposals to impose an exit tax on unrealized crypto gains for taxpayers moving abroad and passed an amendment on October 16 to tax the income from converting crypto assets into stablecoins classified as electronic money tokens under EU rules.

Kraken froze accounts related to $133 million suspected stolen funds involving a certain European institution and is cooperating with law enforcement agencies in the investigation

According to Cointelegraph, Kraken has restricted accounts related to a suspected theft of over $133 million in cryptocurrency assets involving an unnamed institution in Europe, and is cooperating with law enforcement to recover the funds. Kraken stated that this incident did not originate from its platform, its security systems were not breached, and customer accounts were not compromised.Previously, on-chain investigator ZachXBT discovered that the suspected stolen amount increased by an additional $27 million from the previously disclosed $106 million. Bitquery data shows that approximately $62.98 million in stablecoins was exchanged for 27,553 ETH within about 4 hours. Kraken, Crypto.com, and OKX have all been reported to be involved in the related fund flows, with Crypto.com taking measures to prevent the related funds from being transferred through its platform, while OKX stated that it is investigating.As of the reporting time, approximately $78.3 million remains in wallets associated with the attackers, while about $30.5 million has been transferred out. The identity of the victims and ZachXBT's speculation about a large financial institution in Western Europe being attacked and attempting to cover up the incident have not been confirmed.
app_icon
ChainCatcher Building the Web3 world with innovations.