Austria to Treat Crypto like Stock for Taxation Purpose to “Reduce Prejudice Toward New Technologies”

Austria is going to tax crypto assets like mainstream stock and bond investments to boost confidence in them. Starting in March of next year, Austria will impose a 27.5% capital gain on digital currencies, including Bitcoin and Ether. Austria’s Federal Ministry of Finance called this model the first of its kind and said this makes […]

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PayPal’s Market Cap Reaches $269 Billion After Strategy Pivot

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. In its Q3 earnings file, FinTech firm PayPal reported a 13% increase in year-over-year revenue, falling short of Wall Street’s expectations. This was arguably a result of the company announcing a new deal with […]

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Elon Musk Trolls Twitter Yet Again — He Always Planned To Sell Tesla Stock

Neither the author, Kingsley Alo, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The world’s richest man and Tesla CEO, Elon Musk, has stated his willingness to sell 10% of his shares in Tesla if Twitter “supports” it. Through a Twitter survey posted on November 6th, Elon […]

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58% of GenZs Considering Quitting Work To “Go Crypto” Full Time

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. People’s perception of what makes a job a good job is steadily shifting. From hyperinflation concerns to work stress, over half of GenZs are increasingly seeing cryptocurrency as an escape route out of a […]

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