Jernej Vrtovec, the representative of the New Slovenia opposition party, has slammed the proposal over fears it will stifle crypto growth in the countr.
📊 The bill proposes to tax traders when they sell their cryptocurrency for fiat or pay for goods and services, but crypto-to-crypto and transfers between wallets owned by the same user will be exempt, Slovenia’s Finance Ministry said in an April 17 statement.
Under the proposed legislation, crypto tax will be aligned with existing tax laws. Slovenia taxpayers will be required to keep a record of all their transactions for annual tax returns.
😤 The tax base would be calculated on profits by subtracting the purchase price from the sale price.
The proposal is open to public consultation until May 5. If Slovenian lawmakers pass the bill, it will go into effect on Jan. 1, 2026.
Slovenia introduced a 10% tax on crypto withdrawals and payments in 2023, but capital gains from occasional crypto trading are not taxed, according to the crypto tax platform Token Tax.
👀 The number of crypto users in Slovenia is projected to reach roughly 98,000 in 2025, according to online data platform Statista, with a penetration rate of 4.6% among its population of 2.12 million people.
While the projected revenue for the country's crypto market is slated to hit $2.8 million. 🤑🤑
Digital Currency Group CEO Barry Silbert says he should have just held BTC The executive added that most of the millions of cryptocurrencies in circulation today lack any real monetary value 👇🎁👇 clik MORE GIFTS 🥰👈✅
Tiny Sentry Key 2.0: Let more people experience the fun of the chain
After the launch of Tiny Sentry Key 2.0, it opened the door to more ordinary players. Compared with the original node authorization, the price and threshold of this version are further reduced, but the corresponding game airdrop and pledge rights are still retained. Many novices who have never been exposed to blockchain can also easily embark on the Xai adventure with the help of Tiny Key 2.0. With the development of more and more community activities, Tiny Key 2.0 holders have the opportunity to get extra gift packs or customized skins, and even team up with other players to challenge high-difficulty dungeons. Xai hopes that through this move, everyone can feel the pleasure of making money while playing, and make "10,000 people's nodes" an inevitable trend in the future mainstream ecology.
Binance's latest TGE event is coming, get ready with $BNB to participate in the new token launch. This time, each person can invest a maximum of 3 BNB. ⚠️⚠️ However, there are additional requirements: you must have successfully purchased Alpha project tokens through the Binance wallet or the spot/fund account within 30 days prior to the token generation event. Please check if you meet the requirements before participating. If you don't want to miss out on Binance's money-making activities, please join Simey闪电币安王牌KOL聊天室, and it will remind you to participate in various Binance events on time.
After many years in the cryptocurrency market, I have summarized several short-term trading methods and techniques to share with everyone! 1. Skillfully use technical analysis to grasp buying and selling opportunities Technical analysis is an important tool for short-term trading in the cryptocurrency market. By analyzing historical price and trading volume data, one can predict future price trends. Common indicators include: ① Moving Averages: Such as the 5-day moving average and the 10-day moving average. When a short-term moving average crosses above a long-term moving average, it may signal a buying opportunity; conversely, crossing below may signal a selling opportunity. ② Relative Strength Index (RSI): When the RSI exceeds 70, it indicates that the market is overbought, and prices may decline, consider selling; when it is below 30, the market is oversold, prices may rise, consider buying. ③ Bollinger Bands: Bollinger Bands consist of three lines; the middle line is the moving average, and the upper and lower lines represent the price fluctuation range. When the price touches the upper band, it may face resistance, signaling a selling opportunity; touching the lower band may provide support, signaling a buying opportunity. 2. Closely monitor trading volume to confirm trend signals Trading volume is a key indicator of market activity and capital flow. When prices rise and trading volume increases simultaneously, it indicates a strong upward trend, and one can continue to hold or buy; if prices rise but trading volume shrinks, the upward trend may be difficult to sustain, be cautious. Similarly, when prices fall and trading volume increases, the downward trend may continue; if trading volume is low, the downward trend may weaken. A significant increase in trading volume when breaking key resistance or support levels is an important signal for trend confirmation. 3. Strictly implement risk control to protect principal safety Risk control is the core of short-term trading and is crucial to investment success. Suggestions include: ① Diversify investments: Do not concentrate all funds in one cryptocurrency; diversify investments across multiple mainstream and potential cryptocurrencies to reduce risks associated with the volatility of a single cryptocurrency. ② Set stop-losses: Establish stop-loss points before each trade; for example, if losses reach 5%-10%, decisively sell to avoid further losses. ③ Control position size: The position size of a single trade should not exceed 20% of total funds to prevent significant losses due to individual trading mistakes. 4. Accurately capture short-term hotspots and profit by following trends The cryptocurrency market has fast-changing hotspots. Pay attention to popular projects or newly listed cryptocurrencies to seize opportunities for short-term price fluctuations. 5. Reasonably use arbitrage trading to earn price difference profits Utilize price differences between different exchanges for arbitrage. #BTC
If you made 20 million by trading cryptocurrencies and now you want to sell it on the exchange to convert it to RMB
Many people say that for safety, they go to Hong Kong to cash out USDT, but there is not a single tutorial on the entire internet teaching you how to convert USDT from your wallet through Hong Kong into RMB that can normally be transferred back to mainland China.
Why is that? Why is such a simple tutorial impossible to write? It is basically impossible; what does basically impossible mean? It means retail investors and novices cannot do it.
Those who say it is possible generally just teach you how to apply for a Hong Kong bank card and then tell you to go to Hong Kong to cash out USDT. Because they simply want you to obtain a Hong Kong bank card, after all, it is quite nice to charge you a 3,500 fee for the service.
Once you have obtained the payment card, what’s the next step? That would be to apply for a Hong Kong phone number and register with a Hong Kong exchange?
You will find that obtaining a Hong Kong phone number requires address verification, and registering on the exchange requires a phone number and overseas KYC identity verification. You have nothing, so others will tell you to register on an HKD exchange.
There are only two compliant exchanges in Hong Kong that can operate normally: one is OSL and the other is HashKey. If you have been to Hong Kong and physically inspected the locations in those promotional photos, you will find they are unreliable. Of course, those so-called BTC ATM machines have long since ceased to exist or their functions are incomplete.
On the other hand, for some HKD exchanges, you will find either no one is buying on OTC listings. When you try to withdraw, customer service will tell you it is black USDT and cannot be withdrawn, always getting stuck, and even there is no way to resolve it.
How to avoid bank risk control when making large withdrawals? 🏦
First, we need to clarify that in many countries abroad, trading cryptocurrencies is a legal investment activity. This means that the money you earn in the crypto space is not illegal income.
If you want to withdraw your funds without worries, first you can transfer USDT from the exchange to the electronic wallet #biyapay , and then exchange it 1:1 into US dollars or other fiat currencies within #biyapay , and finally withdraw it to banks like Wise or OCBC, and directly remit it back to your mainland bank card or Alipay/WeChat.
By completing these actions, our costs are just paying some handling fees and exchange losses, which can legalize the funds and safely secure your cryptocurrency trading profits.
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Yesterday, a fan asked me if I could take a contract order. It's not that I can't take it; it's just that I have a good understanding of long-term trends, while short-term predictions can only be accurate for a certain period. So if you want to play contracts with me, you need to know how to pick the right timing. If we don't do well, we'll end up like turtle jelly together, and meet on the rooftop. If we do well, then we'll be gods of currency. To prevent myself and everyone else from not doing well, I simply won't take contracts. I'll leave professional matters to professionals; I can just play with spot trading. 92081479220
Stable profits are the way to go Congratulations to those who kept up 🎉🎉🎉 The market is not good But There are still opportunities It just depends on whether you can seize them $BTC