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Op Ed: Answering 10 Common Questions About Cryptocurrency and Taxes
Depending on what country you live in, your cryptocurrency will be subject to different tax rules. The questions below address implications within the United States, specifically, but similar issues arise around the world. дальше »
2019-3-29 18:20 | |
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Europol Launches Global Campaign Against Dark Web Vendors, Buyers
The European Union Agency for Law Enforcement Cooperation, better known as Europol, announced on March 26, 2019, that it has made an ongoing partnership with law enforcement from Canada, the United States and the member states of the European Union to target buyers and sellers of illegal items on the dark web. дальше »
2019-3-28 20:24 | |
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LocalBitcoins, Once a Go-To for Anonymous Bitcoin Transactions, Adds KYC
The Finland-based, peer-to-peer cryptocurrency trading platform LocalBitcoins released a statement on March 25, 2019, responding to a new act approved by the Finnish Parliament that will require users to verify their identities. дальше »
2019-3-28 18:00 | |
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Venezuela Hit With Fresh New Economic Sanctions by Trump and United States Government
As per an all new circular issued by the US Government earlier today, Venezuelan banks will now be faced with an all-new set of sanctions that will make it even harder for their clients to “mobilize their assets for everyday purposes”. дальше »
2019-3-23 18:46 | |
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Switzerland Moves Forward to Fit Cryptocurrency Into Traditional Regulations
The Federal Assembly of Switzerland has voted in favor of putting cryptocurrency on equal footing as traditional assets. A Hesitant Vote 99 members of the National Council, Switzerland’s lower house of the Federal Assembly, have supported a motion to put forward proposed regulations by liberal public representative Giovanni Merlini. дальше »
2019-3-21 20:00 | |
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Mississippi Ranks Dead Last in US Scientific Innovation Rankings
A new report ranking all 50 U. S. states and Washington, D. C. in order of their innovativeness has ranked Mississippi as the least innovative state in the country, underlining the yawning cultural and economic chasm between the poorest and wealthiest areas of the country. дальше »
2019-3-20 18:09 | |
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New ERC-20 Stablecoin Generates up to 45% Profit to Crypto Investors
USDDEX, a Japan-based blockchain project, has announced that the token sale event for its USDDEX decentralized ERC-20 standard stablecoin reportedly pegged at 1:1 with the United States dollar will begin on March 19, 2019, and there’s a 45 percent bonus for all contributors, according to a press release shared with BTCManager on March 18, 2019. дальше »
2019-3-19 20:00 | |
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Ethereum insiders deny there’s only one computer keeping a copy of its blockchain
Ethereum‘s most recent fork was (eventually) successful, but it came with unintended consequence: the greater cryptocurrency community learned of its special “big, scary nodes,” and immediately freaked out. дальше »
2019-3-13 19:50 | |
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Donald Trump’s $4.75 Trillion Budget Should Terrify Fiscal Hawks
Here we go again. Donald Trump’s new $4. 75 trillion budget proposal is wild even by his lofty standards. We shouldn’t be surprised, as overspending has been the hallmark of the president’s professional business career, but you are forgiven for thinking he might take a different approach to his handling of the United States’ finances. дальше »
2019-3-12 02:30 | |
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Proposed Texas Bill Would Require ID Verification for Crypto Use
A bill proposed by the Texas legislature will require that all receivers of cryptocurrency in regular transactions verify the identity of the cryptocurrency sender before accepting any payment. дальше »
2019-3-12 01:04 | |
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OneCoin Ponzi Scam Ringleaders Charged in United States
Following his arrest by authorities at LAX airport, Konstantin Ignatov, leader of the OneCoin ponzi scam, now faces charges. His sister, Ruja, who founded OneCoin, also faces multiple charges of fraud and money laundering — although currently remains at large. дальше »
2019-3-9 20:00 | |
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US Trade Deficit Widens Despite Tariffs. Don’t Blame Trump, Blame Yourselves
According to newly released data, which was delayed by the government shutdown, it will be concluded that Donald Trump has so far failed to reduce the trade deficit he promised to cut. All this amid a ballooning debt after tax cuts. дальше »
2019-3-7 23:42 | |
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Dow Drops 200 Points: Is Stock Market Immune to Trade War Progress?
There has been practically one story which has been driving headlines over the last few weeks, at least so far as the US stock market is concerned. A razor-sharp focus on incremental progress between the United States and China on trade has been a bullish fundamental for the Dow Jones and its sister indices. дальше »
2019-3-5 00:19 | |
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Major US Retailer Ditches Visa – Now Considering Bitcoin’s Lightning Network
US retail giant, Kroger, is no longer accepting Visa credit cards at its chain of Smith’s food and drug stores. So Anthony Pompliano tweeted an offer to hook them up with Bitcoin’s Lightning Network nationwide. дальше »
2019-3-3 19:00 | |
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Y Combinator’s President Says Cryptocurrency Should be the Basic Money Structure for the Unbanked
The president of the biggest seed accelerator in the United States has expressed his optimism and showered compliments on cryptocurrency and all its possible uses and effects on society. The president, Sam Altman, has also said that the fundamental framework of cryptocurrency is the most stable and recommended financial pedestal for the financially challenged people. […] дальше »
2019-3-3 18:53 | |
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US’ Biggest Landowner John Malone Loses $680 Million in 24 Hours
John C. Malone, the single largest owner of land in the United States, sustained a devastating portfolio hit portfolio Thursday. As the largest shareholder of Qurate Retail (NASDAQ:QRTEB), Malone had the most on the line when the company announced paltry fourth-quarter earnings. дальше »
2019-3-1 09:00 | |
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U.S. Hosts More than 50 Percent of all Bitcoin Nodes
As of February 24, 2019, the United States has the largest amount of Bitcoin nodes, according to research by DataLight. Bitcoin Nodes and Their Importance Simply stated, Bitcoin nodes are the computer programs which perform the validation of Bitcoin transactions. дальше »
2019-3-1 06:00 | |
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Blockchain Advocacy Coalition Sponsors Bill to Allow Crypto for Legal Cannabis Tax
Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency. дальше »
2019-3-1 20:16 | |
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“Clear and Robust Strategy” Nets 0.023% Recovery of Bitfinex’s Hacked Funds (So Far)
According to an official statement published on February 25, 2019, Bitfinex has revealed that the United States government returned 27. 7 BTC (worth about $105,000 USD) to the exchange, as part of restitution for a hack that was effected on the exchange back in 2016. дальше »
2019-2-26 02:39 | |
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Why online service providers shouldn’t partner with big tech
Hosting providers like GoDaddy, 1&1 Ionos, and even Wix and Squarespace, started out offering a single service to business owners. Most of them developed parts, or even all of their service technology in house, that resulted in a range of unique and differentiated services. дальше »
2019-2-24 10:30 | |
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Dow at 26,000? Not So Fast – US Stock Market Tumbles as VIX Bounces
The Dow and U. S. stock market traded lower on Thursday after lackluster data offset renewed optimism that China and the United States were making strides on a new trade agreement. US Stock Market Eyes Biggest Drop in Two Weeks All of Wall Street’s major benchmarks reported declines midday, with the Dow Jones Industrial Average sliding 72 points, or 0. дальше »
2019-2-22 21:12 | |
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Wyoming Passes New Friendly Regulations for Crypto Assets
The Wyoming state government has been expanding its status as a hub for crypto and blockchain technology by passing several new bills this February. According to Wyoming-based blockchain advocate Caitlin Long, the state of Wyoming has recently passed resolution SF0125 on February 14, 2019, claiming that Wyoming “law recognizes property rights in the direct ownership of digital assets. дальше »
2019-2-15 22:18 | |
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CFTC Commissioner Criticizes SEC For Barring Bitcoin ETFs
Bitcoin Exchange-Traded Funds (ETFs)–The debate surrounding the approval of Bitcoin ETFs appears to be heating up. On the same week that an interview leaked all but confirming the future approval of a BTC Exchange-Traded Fund by the United States Securities & Exchange Commission, an official for CFTC has weighed in with his two cents. дальше »
2019-2-15 06:04 | |
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Top 3 Worst US States for Bitcoin Regulation
Delayed Bitcoin ETFs, subpoenas, and blockchain businesses forced to close, Bitcoin regulation in the U. S. is hardly encouraging innovation. If you’re looking for friendly pastures for your cryptocurrency company, avoid these three states at all costs. дальше »
2019-2-14 00:00 | |
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Blockstream Open Sources Development of Its Proof of Reserves Tool
On February 4, 2019, blockchain tech company Blockstream announced the development of a “proof of reserves” tool to standardize the authenticity of exchanges’ crypto reserves. дальше »
2019-2-7 01:01 | |
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Chainalysis Report: Two Groups Responsible for Most Publicly Reported Hacks
Two “prominent professional hacking groups” are responsible for the majority of publicly reported hacks of cryptocurrency exchanges and other cryptocurrency organizations, concludes a report published by blockchain data analytics firm Chainalysis this week. дальше »
2019-2-2 01:45 | |
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Wrap Your Head Around This: BTC Is Now Featured as a Token on Ethereum
It happened: Bitcoin is now an Ethereum token. Wrapped Bitcoin (WBTC), an ERC-20 token with a 1-1 peg to bitcoin, went live on the Ethereum network on the final day of January, “the first token that makes Bitcoin compatible with the Ethereum chain,” its architects say. дальше »
2019-2-2 00:04 | |
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Intuit’s Turbo Tax Adds a New Option if Transacting or Selling Cryptocurrencies for IRS Tax Returns
In the United States, the Internal Revenue Service (IRS) will be knocking cryptocurrency users’ doors explaining that it is mandatory to inform crypto trades and pay the related taxes on them. Investors, holders, and other individuals must be compliant with this issue. дальше »
2019-1-30 20:59 | |
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US Government Makes Online Interstate Gambling Illegal As Augur (REP) Crypto Betting Platform Could Feel Effects
U. S. Government Makes Illegal Online Gambling The Government of the United States has made illegal all forms of online gambling that involve interstate transactions. The information was released by Bloomberg on January 16. дальше »
2019-1-23 20:39 | |
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Elections Canada Consults With Political Parties on Crypto Donations
According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act. дальше »
2019-1-24 20:28 | |
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Know Your Customer Obstacles from Coinstar Are Causing Mixed Reviews from Coinme Users
Coinstar has recently decided to team up with Coinme, a prominent Bitcoin ATM operator in the United States, in order to let users buy Bitcoin from the company using the ATMs all over the country. Bitcoin at @coinstar from @CoinmeATM https://t. дальше »
2019-1-22 05:14 | |
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Brian Kelly Predicts Bitcoin has “No Shot” at ETF in 2019
Bitcoin (BTC), Cryptocurrency, Exchange-Traded Fund (ETF)–It appears not all crypto analysts are bullish on Bitcoin’s chances of obtaining ETF approval in the new calendar year. While investors, both bearish and bullish alike, hung on the decision by the United States Securities & Exchange Commission (SEC) to delay a Bitcoin-based ETF ruling into 2019, the prospect […] The post Brian Kelly Predicts Bitcoin has “No Shot” at ETF in 2019 appeared first on Ethereum World News. дальше »
2019-1-19 19:34 | |
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Thanks to BitWage, Companies Can now Pay Their Workers and Taxes in Bitcoin
On January 16, 2019, BitWage announced their partnership with Simply Efficient HR, a Texas-based payroll and human resources company to enable the payment of W2 employee and payroll taxes in bitcoin or ether. дальше »
2019-1-19 19:00 | |
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American Companies Can Now Settle Payroll Taxes In Cryptocurrency via Bitwage
International cryptocurrency payroll service provider Bitwage has announced that it has partnered with Texas-based Simply Efficient HR. The move will allow companies to pay W2 employee and payroll taxes in all 50 U. дальше »
2019-1-17 18:57 | |
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Bitwage Service Adds Payroll Tax Payment Funding Options for U.S. Businesses
Cryptocurrency payroll service Bitwage has partnered with Texas-based payroll and Human Relations firm Simply Efficient HR to help companies fund W2 Employees and payroll tax payments using crypto. дальше »
2019-1-16 05:22 | |
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Cricket South Africa’s Twitter Account Hacked by Bitcoin Scammers
A report from The Indian Express, published on January 14, 2019, states that the Twitter handle of Cricket South Africa (CSA) fell victim to hackers who were selling fake bitcoin lottery tickets. However, the account has now been retrieved and all the erroneous Tweets deleted. дальше »
2019-1-14 18:01 | |
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What can the “laughable” lawsuit against Nano cryptocurrency do to its future?
Silver Miller and securities law firm Levi & Korsinsky from United States have filed a lawsuit against the developers of altcoin Nano (NANO) as well as Italian cryptocurrency exchange BitGrail, according to a notice published Jan. дальше »
2019-1-11 13:16 | |
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National Institute for Cannabis Investors’ American Cannabis Summit by Mike Ward and John Boehner
There is a lot of buzz surrounding cannabis because the United States government is looking to legalize the plant in all 50 states. When cannabis goes public, there are going to be tons of people looking to buy into the stocks if they haven't already. Right now, you have the opportunity to get in on […] дальше »
2019-1-11 00:41 | |
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Thailand’s NECTEC Testing Blockchain-Based Voting Mechanism for Elections
According to a report from Bangkok Post, published on January 3, 2019, Thailand is contemplating the use of blockchain technology for elections. The voting model would combine traditional voting mechanism and e-voting. дальше »
2019-1-5 22:00 | |
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Ten Years Later, a Reflection on Bitcoin’s Genesis and Satoshi’s Timing
October 31, 2008, and January 3, 2009. The two dates have cemented themselves with Promethean significance into Bitcoin’s lore. On the October 31, Satoshi Nakamoto published the Bitcoin white paper, a constitution of sorts for his revolutionary monetary system and its intrinsic currency. дальше »
2019-1-3 07:14 | |
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Why Ohio’s State Treasurer Backs Decision to Accept BTC For Tax Payments
As tax season is rapidly approaching, some states, like Ohio, have decided to set a new standard for the rest of the country to follow. Back in November, Ohio became the first state in the U. дальше »
2019-1-3 20:53 | |
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PR: ZPool Launches ZCash Mining Pool
2019. 1. 1, one of the world’s largest ZCash mines—ZPool officially opened up its ZCash mining pool, and started recruiting miners from all over the world free of service charges. KIENG KESSARA, the founder of ZPool, noted that, ZPool was formerly known as Megabigpower Bitcoin mine, which was built in September 2017 in Idaho, the United States. дальше »
2019-1-1 13:30 | |
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Why we will probably never have a perfect clock
Every year, the time comes again when many of us switch our clocks from summer or daylight-saving time back to winter time. And the usual confusion sets in, is it an hour forwards or back? Why do we need to change the time at all? Indeed, EU member states have been asked if they would like to simply skip daylight saving time. дальше »
2018-12-28 04:00 | |
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United States Working On a Law to Prevent Iran From Creating a Cryptocurrency
The U. S. government seems determined to avoid at all costs that countries with which it does not have the best diplomatic relations, can develop a cryptocurrency, or at least fail in their attempts to innovate in the development of blockchain technologies to improve their financial infrastructure. дальше »
2018-12-23 05:38 | |
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British Revenue and Customs Agency Clarifies Law on Crypto Taxes
The British government has recently released a policy paper clarifying the tax laws on crypto assets. This fairly straightforward document was released on Her Majesty’s Revenue and Customs’ (HRMC) website, holding a sundry list of important crypto space terms, the relevant tax codes and points of intersection between the two. дальше »
2018-12-21 23:09 | |
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University of Washington Receives Email Bomb Threats Demanding Bitcoin in Ransom Payments
Bomb Threats At Schools And Business All Over The U. S. , Criminals Demand Bitcoin As Ransom As Police Affirms Threats Are Not Credible A series of bomb threats has shocked the United States and the crypto community today. дальше »
2018-12-14 23:49 | |
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