Slovenia’s Ministry of Finance is reportedly seeking public consultation on a draft bill related to taxing cryptocurrency investments, according to local reports. The ministry’s intent to gauge investor sentiment comes almost a month after the Financial Administration of the Republic of Slovenia proposed a 10% tax on cryptocurrency activities. If signed into law under Slovenia’s Income Tax Act, the proposed bill will impose a 10% tax rate on every fiat-crypto conversion and payments made with cryptocurrencies. However, the threshold for tax liability will be set to15,000 euros ( $17,387) for the calendar year. Investors within the limit will be exempted …

According to regional media reports, the Financial Administration of the Republic of Slovenia, or FURS, is considering imposing a 10% taxable income bill on cryptocurrency asset activity in the near future. Under the current legislation method, the authority analyzes an individual's digital asset activity on a case-by-case basis by trawling through their buy and sell transactions. This can result in a stagnant and tedious crypto administrative process. The introduction of this progressive initiative aims to digitally streamline the process, focusing solely on the purchase of goods and services, or the conversion of crypto assets into fiat currencies. Within these parameters, …

The COVID-19 pandemic has served both as an x-ray onto existing vulnerabilities in the global financial system, and as an accelerator for destabilizing tendencies, including higher sovereign and consumer debt in emerging markets. At an online meeting of the Central Bank Governors' Club, hosted this week by Bank of Russia Governor Elvira Nabiullina, representatives were unanimous in their expectations of the far-reaching consequences of the current crisis. At the meeting, the 26 central bank representatives that convened from Central Asia, the Black Sea region, the Balkan countries and beyond, also noted the pandemic-induced expansion of e-commerce, as well as digital …

A crypto payment infrastructure provider is celebrating after reaching an important milestone: achieving a presence in more than 500 stores across Slovenia and Croatia. GoCrypto, the newly upgraded platform that succeeded Eligma’s Elipay, is now setting its sights on expanding to other parts of Europe: namely Switzerland, the United Kingdom, Turkey, Serbia and Bulgaria. The company says it provides online and offline stores with an easy way of accepting custodial and noncustodial crypto wallets — giving them access to an ever-growing number of consumers who want to pay using digital currencies. According to GoCrypto, payments are processed instantaneously, with merchants …

The team behind a mobile application enabling shoppers to pay with crypto at online and brick-and-mortar stores has unveiled new features and a redesign — enabling consumers to shop as post-New Year sales are in full swing. Eligma, a startup dedicated to smart commerce and blockchain advocacy, says the latest version of its Elipay app has been built with simplicity in mind. As well as offering immediate payments with selected cryptocurrencies, free transfers between users worldwide, balance and transaction history, and loyalty rewards, the app also now enables enhanced store navigation and discovery. More than 240 locations now accept Elipay …

For several years now, the Organization for Economic Co-operation and Development (OECD) has been cautiously enthusiastic about blockchain technology. Beginning with a 2014 working paper titled, "The Bitcoin Question" the intergovernmental organization has been considering the economic possibilities opened up by distributed ledgers and cryptocurrencies — and, on the whole, it has found these possibilities exciting, even if such working papers "do not necessarily reflect the official views of the Organization or of the governments of its member countries." But for the most part, reports on "Blockchain Technology and Competition Policy" and "Corporate Governance" — among other subjects — have …

As Bitcoin awareness grows across the globe, the Cointelegraph Media Group launches its regional publications in a number of key countries. This week marks the launch of our South African and Slovenian publications with the UK and Italy to follow soon. South Africa CT as the leading cryptocurrency media publication is firmly establishing itself on the African continent. “Cointelegraph South Africa wants to be first in, bringing the latest developments to the world as this still largely unknown Bitcoin/ Blockchain technology starts to become more mainstream,” says Jaques Coetsee, co-founder of Bitmagnet and head of CT South Africa. He added: …

Bitcoin ATMs are spreading around the world at an incredible speed. Manufacturers like Robocoin and Lamassu have already sold hundreds of their machines to international companies fond of cryptocurrencies. Brand new locations to place BTMs are being discovered on a daily basis, and believe it or not, local businesses are often more willing than notable corporations to go crypto. CoinOutlet Cracks the BTM Market with Two-Way, Affordable Models Recently launched this past August, CoinOutlet is hoping to crack the BTM market with its affordable machines. Eric Grill, CEO for CoinOutlet talked in an interview about his company and about his …