Behind Money📰 @BehindMoney
A free, honest financial newsletter; to help keep track of the economy, cryptocurrencies and market news. Created by @GigantorCrypto Joined March 2022-
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Stablecoins to be regulated and viewed as a form of payment, with further enhancement of tax system to bring development to the UK. Chancellor, Rishi Sunak, hopes to make the UK a global cryptoasset hub. $BTC $UST $USDC $USDT $FRAX $DAI
Find out more about our plans to make the UK a global cryptoasset hub: gov.uk/government/new…
FTSE rises as UK #economy growth beats expectations. UK gross domestic product (GDP) expanded 1.3% in the last three months compared to the previous quarter, according to the ONS. - Yahoo Finance
beincrypto.com/future-of-fina… $BTC $APE $SHIB $ETH $RUNE $VRA $ADA $LUNA $ASTRO $ANC $BNB
A poll done by Onepoll, commissioned by Starkware. More than half of Americans are convinced that cryptocurrency is the future of finance. 53% of people surveyed subscribed to this view of the future. The 25 to 34 age, however, were very convinced, at 68%. Among 35 to 44, 61%.
Proposal for #crypto tax policy in India will go to parliament on March 24, this will include amendments to the income tax code to have “virtual digital assets” as taxable events.
New developments in Russia: With recent sanctions from the west and being removed from the SWIFT system, Russia has been more enthusiastic about crypto with the potential to boost their economy without utilising traditional finance.
NEW 💥 Russia Prime Minister: The time is now to integrate #Bitcoin and crypto into our economy 🇷🇺
This had a staggering effect on the citizens, prices on nearly everything from baby food to pharmaceuticals rose sharply; with prices for sugar and onions rising by more than 13%, Rosstat data showed.
Inflation in Russia spikes above 14.5%, highest since late 2015. With weekly inflation between being 1.93% in the week of March 18, down from the previous week of 2.09%.
They went on to state they would be providing liquified natural gas until at least 2030.
“The United States will work to supply 15 billion cubic metres (bcm) of liquefied natural gas (LNG) to European Union markets this year.” - REUTERS
This could mean a lot for the Western economy to provide further sales to EU nations and usurp the vast amount of market space that was formally head by Russia. More to come soon.
Joe Biden has arrived in EU to discuss sales of LNG (Liquified Natural Gas). - Yahoo Finance
01/11/21 - Singapore is seeking to cement itself as a key player for cryptocurrency-related businesses 20/12/21 - DWTC announced plans to become a hub and regulator for virtual assets 14/01/22 - Spain making a case to become a cryptocurrency hub in Europe, with 100 $BTC ATMs.
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CZ 🔶 BNB @cz_binance
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Bloomberg Technology @technology
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Reuters Business @ReutersBiz
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WSJ Markets @WSJmarkets
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