March 10th

Mar 10, 2023

Good Morning,

For today’s MexicaNFTimes, we’ve got some great articles and news:

‘Vitalik’ NFT Collection Takes Top Spot on OpenSea
Biden Budget Plan Would Close Crypto Tax Loss Harvesting Loophole
Crypto.com Struggles to Maintain Fiat On-Ramps in the Face of Crypto Banking Crisis

The MexicaNFTimes

‘Vitalik’ NFT Collection Takes Top Spot on OpenSea

The Gitcoin Presents non-fungible token (NFT) collection is soaring in value after its open edition mint concluded Wednesday, taking the top spot across leading marketplaces. The collection is rapidly rising in interest and value because of the association of Ethereum co-founder Vitalik Buterin with the project, though his direct involvement in the NFT …

2 years ago · Sofía Ponzanelli

The MexicaNFTimes

Biden Budget Plan Would Close Crypto Tax Loss Harvesting Loophole

U.S. President Joe Biden's proposed budget, set to be unveiled Thursday, will include a provision to close tax loss harvesting on crypto transactions. A White House official confirmed the budget will include a tax provision intended to reduce wash sales trading by crypto investors. At present, investors can sell any cryptocurrencies at a loss, claim the …

2 years ago · Sofía Ponzanelli

The MexicaNFTimes

Crypto.com Struggles to Maintain Fiat On-Ramps in the Face of Crypto Banking Crisis

The digital assets industry is in the middle of a banking crisis with the collapse of crypto-friendly Silvergate Bank, and Crypto.com hasn’t been spared. The Singapore-headquartered exchange is only now able to provide euro-denominated banking services to users in the European Economic Area (EEA), having previously lost the ability to accept U.S. dollar …

2 years ago · Sofía Ponzanelli

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