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The IRS Is Looking To Seize Billions Of Dollars Worth Of Cryptocurrency In 2022

Cryptocurrencies were this year a major method of avoiding taxation in the United States according to an annual report published by the Internal Revenue Service. The IRS said it has confiscated $3.5 billion worth of cryptocurrencies linked to tax fraud, and the amount makes up 93% of all assets confiscated this year so far. “I […] дальше »

2021-11-21 19:43


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America’s First-Ever Bitcoin ETF Sees $570 Million Success on Debut

ProShares’ BITO bitcoin futures exchange-traded fund has generated massive gains on its first day of trading, attracting a total of $570 million in assets, according to reports on October 20, 2021. ProShares Bitcoin ETF Hits the Ground Running After several years of rejection and pushback from financial regulators in the United States, the country finallyRead More дальше »

2021-10-20 17:00


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Former US Treasurer Lauds XRP As The Only Cryptocurrency With Real Intrinsic Value

Rosie Rios has critiqued other cryptocurrencies, equating them to only speculative assets whose value is only dependent upon suppositious grounds as opposed to XRP. According to a tweet posted on Sunday, the former treasurer of the United States lauded XRP, positing that it was the only cryptocurrency with real use-case as opposed to other cryptocurrencies, […] дальше »

2021-9-27 16:41


Denied: Ripple's request for documents on SEC's 'trading policies governing digital assets'

In what seemed like an apparent win for the United States Securities and Exchange Commission [SEC], Ripple's request for documents detailing the watchdogs' "trading policies governing digital assets" The post Denied: Ripple's request for documents on SEC's 'trading policies governing digital assets' appeared first on AMBCrypto. дальше »

2021-9-22 18:00


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Turn Trading Fees Into Assets With VDollar

VDollar is a cryptocurrency exchange registered in Colorado as ‘VDollar Exchange LTD’. it is fully regulated under the jurisdiction of the United States, with the registration of MSB. The company is bringing new features into crypto trading with a three-part business model, namely digital currency Exchange, ultra-circular digital currency wallet, and new trading n’ mining […] дальше »

2021-7-13 13:35


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Parliament of West Africa Economic Block Cautions Against Use of Cryptocurrencies

The parliament of the Economic Community of West African States (ECOWAS) has joined the list of African organizations that have cautioned against the use of cryptocurrencies. In its warning to West Africa crypto users, the legislative body insists these digital assets are too volatile and as such “their use on the African continent is not […] дальше »

2021-7-11 09:30


Blockchain Caucus Co-Chair: Government Needs The Ability To Reverse Transactions

As blockchain technology becomes more applicable to business and its uses continue to grow, investors are curious as to how the US will regulate crypto. Influential figures at the highest levels of the United States government are finally beginning to discuss cryptocurrencies, blockchain tech, digital assets, and how to regulate and tax those assets. On […] дальше »

2021-6-30 19:37


U.S. Government Announces Auction of Partial Bitcoin

The United States General Services Administration (GSA) website “offers the general public the opportunity to bid electronically on a wide array of assets no longer needed by the federal government ranging from office equipment and furniture to more select products like scientific equipment, heavy machinery, airplanes, vessels, and vehicles. дальше »

2021-3-9 00:02


Gen X Investors Overtake Millennials in Crypto Adoption: Wirex & Stellar Report

Nearly 75% of consumers view digital assets and stablecoins as an alternative to traditional money transfer services. High fees, slower transaction times, and hectic cross-border transfers are some of the reasons leading consumers to digital asset payment systems, joint research from Wirex and Stellar Development Foundation (SDF) states. дальше »

2021-1-22 21:03


Venezuela’s Bolivarian Army Embarks on Bitcoin Mining for Income and Sanction Evasion

Venezuela is further expanding its crypto foothold in what seems to be a tact towards salvaging the country’s economy while evading imposed sanctions, especially by the United States. Through one of its engineering brigades, the Venezuelan army recently revealed a Bitcoin mining center dubbed ‘Digital Assets Production Center of the Bolivarian Army of Venezuela. дальше »

2020-12-2 00:26


French Finance Minister Criticizes Crypto But Praises The Underlying “Transparency” of Blockchain Technology

French Finance minister accepts blockchain technology's brilliance but dismisses cryptocurrency assets as a facilitator of illicit activities and terrorist financing. Earlier in the year, the French Economy, Finance and Recovery minister, Bruno Le Maire, suggested that European Union member states, need to come up with rules and regulations that can be used in the zone […] The post French Finance Minister Criticizes Crypto But Praises The Underlying “Transparency” of Blockchain Technology first appeared on BitcoinExchangeGuide. дальше »

2020-10-21 23:25