2019-12-11 16:49 |
Crypto accounting automation startup Lukka partnered with accounting advisor CPA.com to launch a crypto tax estimation tool
Similar to Notcoin - Blum - Airdrops In 2024
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In crypto developments this week state witnesses revealed questionable accounting practices at FTX, how Bitcoin miners may capitulate after the halving, and Binance's role in funding criminal activity under the spotlight.
2023-10-13 17:00 | |
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The level of commitment that several accounting bodies are showing to the crypto space and blockchain is increasing. Many wonder what could be the reasons behind it? History has shown that most establishments exist so as to make gain irrespective of the market or sector that they operate from.
2018-10-30 17:47 | |
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First hinting at his project in a reply to a BitPay tweet on August 2017, Nicolas Dorier boldly claimed that BTCPay would make one of crypto’s most popular payment processors obsolete.
2018-10-24 22:00 | |
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Glassdoor Economic Research is delivering much needed good news to the crypto community saying that despite extreme price volatility and regulatory uncertainty, the number of crypto jobs in the blockchain and cryptocurrency sector has risen by 300 percent since the same time last year.
2018-10-19 21:27 | |
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Crypto-to-USD lender BlockFi has announced that it will support loans backed by both Litecoin and Gemini’s recent stablecoin token GUSD. This is the first time the company is expanding to accept collateral in one of the crypto industry’s top-10 assets besides bitcoin and ether.
2018-10-16 16:07 | |
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Blockvest is being sued the Securities and Exchange Commission for making false claims that the regulator’s approval for its planned ICO. The regulator is looking for an injunction against the defendant in return for all the financial gains of its ICO activities.
2018-10-15 18:00 | |
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Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.
2018-10-8 21:30 | |
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Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.
2018-10-10 21:30 | |
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Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply.
2018-10-3 19:05 | |
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Part of building the leading crypto finance company and reimagining the global economic system requires having a deep bench of financial experts, which is why Circle is excited to welcome John Barnett as VP and Global Controller.
2018-10-5 15:38 | |
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Seattle-based ZenLedger, which provides tax ledger software for CPAs and cryptocurrency investors, secured a massive, $1. 5 million round of venture capital funding from VC firm Vestigo Ventures to further develop its blockchain-based tax accounting software.
2018-9-19 19:00 | |
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Two crypto companies, Gemini Trust and Paxos, got a green light from a New York state regulator to launch their own stablecoins pegged 1:1 to the U. S. dollar. New York Department of Financial Services (NYDFS) gave an okay to Gemini Trust, the crypto exchange founded by the Winklevoss twins, to launch Gemini Dollar (GUSD).
2018-9-11 01:58 | |
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A new study among 1,202 adults revealed that around half of the American millennials are interested in converting to cryptocurrency primarily, as opposed to the U. S. dollar. Bitcoin Dominance The largest cryptocurrency dominates the markets, currently accounting for 54.
2018-9-8 16:00 | |
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Global accounting behemoth Ernst & Young (EY) has announced its acquisition of CAAT, a Silicon Valley-based cryptocurrency startup. The purchase represents another example of the increased rate of crypto and blockchain adoption by mainstream financial juggernauts.
2018-8-24 09:49 | |
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UK’s Action Fraud Finds Over $2 Million in Losses, Accounting for 203 Instances Of Crypto Fraud One of the biggest issues that arises with the cryptocurrency and blockchain industry is the potential for theft, as hackers find new ways to infiltrate it.
2018-8-17 16:39 | |
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SEC Expands Inquiry About Riot Blockchain According to Reports It looks like the investigations about Riot Blockchain, the biotech company turned into crypto miner, are continuing. The latest news comes from a 10-Q quarterly report filed by the U.
2018-8-16 00:15 | |
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Traditional venture capital investors seem to think that the field of crypto reporting apps is appealing. Cryptocurrency tax and accounting software development startup Libra has raised an extra $15 million in its Series B funding round.
2018-8-9 20:06 | |
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According to reports from a Korean accounting firm, the biggest South Korean crypto exchange UPbit is cleared of charges from the allegations that were made against it last May. The exchange was blamed to have manipulated its balance sheet which resulted in a rise in its trading values. Soon after unknown sources claimed that the firm […]
2018-8-8 02:57 | |
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The slow trickle of traditional investment into the crypto market may turn into a flood if a new platform launched by blockchain services provider AxiomLevel Technologies makes its desired impact.
2018-8-6 18:55 | |
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South Korean crypto exchange UPbit released data from an audit it has ordered to independent accounting company, proving all required funds are in place.
2018-8-6 15:52 | |
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A new report from a Korean accounting firm has found the South Korean crypto exchange giant to be 100% solvent in light of recent worries about misconduct. A May raid on the company’s headquarters worried investors, who are now letting out sighs of relief as audits reinforce the company’s integrity.
2018-8-6 11:00 | |
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Japanese Companies Reunite To Launch Corporate Crypto Accounting Tool Two Japanese companies, Cryptolinc Co and Miroku Information Service Co, have joined forces to create a new product for the crypto market.
2018-8-3 09:33 | |
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The crypto industry has received another boost with the entry of financial services giant Northern Trust in a quiet but significant move. The firm, which manages over $10.
2018-8-3 23:41 | |
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Cryptolinc Co. Ltd, which develops and provides cryptocurrency management and calculation systems, and Miroku Information Service Co. Ltd, a financial and accounting system management and information service, have jointly created a crypto corporate accounting tool for corporate cryptocurrency accounting.
2018-8-3 18:05 | |
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The IRS recently warned that virtual currency transactions are taxable by law and that people who fail to report their cryptocurrency income, file cryptocurrency late, or file crypto taxes improperly may incur penalties and interest.
2018-7-29 22:59 | |
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“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized.
2018-7-26 18:55 | |
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For many, the complex nature of crypto investing is an unsolvable enigma. Despite the potential for great returns, many are hesitant to jump in and navigate the complexities and uncertainties inherent in this space.
2018-7-25 17:09 | |
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The big four accounting firm has announced the acquisition of tech assets and patents from a little known San Francisco based startup called Elevated Consciousness, Inc. EY says: “The Andy Crypto-Asset Accounting.
2018-7-25 13:54 | |
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Global professional services group Ernst & Young (EY) has announced on July 19, 2018, its acquisition of Andy Crypto-Asset Accounting and Tax (CAAT), a cryptocurrency accounting and regulatory compliance technology solution from Elevated Consciousness, a San Francisco startup that specializes in developing crypto asset solutions.
2018-7-25 01:00 | |
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The purchase, which is part of EY’s blockchain strategy, includes a methodology for facilitating virtual exchange transactions.
2018-7-25 22:31 | |
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Malta-based tokenization platform STASIS has launched EURS, a stablecoin backed by the Euro. EURS, aiming to be the biggest "fully verified and collateralized stablecoin" in the world, launched with a $100 million pre-launch order book which is expected to hit $500 million by year’s end.
2018-7-16 19:46 | |
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Many of the world’s regulators are racking their brains on how to come up with relevant rules that could curb crypto’s dark uses without hampering the industry’s growth. However, the Bank of Finland released a report that has been described as a scathing attack on these digital currencies.
2018-7-13 16:04 | |
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Former consulting giant exec has become the CEO of exchange bitcoin.com.au, plans to bring crypto investment products into areas like company pension plans
2018-7-12 12:42 | |
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The Central Bank of China is calling the country’s crypto ban a huge success as recent data shows that the Chinese Yuan is currently being used in less than 1% of crypto-trades. Chinese Crypto Ban Huge Success The Chinese crypto market once dominated the space, accounting for 90% of all global trades according to a.
2018-7-9 14:00 | |
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However, the country’s Deputy Prime Minister, Taro Aso, wants to change how crypto transactions are taxed, from a progressive rate to a uniform rate. Accounting software company Freee described, “Miscellaneous income is subject to comprehensive taxation, and the tax rate is decided according to the amount combined with other income such as salary income.” The
2018-6-26 11:42 | |
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This market is not as liquid as other more established markets such as the FX markets which trade over $3-$5 Trillion per day with the spot market accounting for a third of that volume. The illiquidity and price decline within the Crypto Markets is a result of the recent uncertainty surrounding last year’s price manipulation […]
2018-6-15 09:57 | |
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Lithuania’s Ministry of Finance has published comprehensive guidelines for cryptocurrency and initial coin offerings, covering four areas including regulations, accounting, and taxation. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Ministry of Finance’s Guidelines The Ministry of Finance of the Republic of Lithuania has published guidelines for cryptocurrency and initial coin offerings (ICOs).
2018-6-12 09:14 | |
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Lithuania’s Ministry of Finance has published comprehensive guidelines for cryptocurrency and initial coin offerings, covering four areas including regulations, accounting, and taxation. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Ministry of Finance’s Guidelines The Ministry of Finance of the Republic of Lithuania has published guidelines for cryptocurrency and initial coin offerings (ICOs).
2018-6-12 09:10 | |
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Аналог Notcoin - Blum - Играй и зарабатывай Монеты
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Полиция Флориды задержала человека, известного в криптосообществе под псевдонимом BitСoin Rodney. Он обвиняется в продвижении проекта HyperVerse среди граждан США и хищении средств вкладчиков с помощью фиктивной инвестиционной схемы.
Под занавес 2023 года Налоговое управление США (IRS, Internal Revenue Service) опубликовало отчет, где рассказало о десяти крупнейших раскрытых случаях скама, раскрытых за уходящий год. Четыре оказались связаны с криптовалютами.
The Internal Revenue Service Criminal Investigation unit (IRS-CI) reported involvement in a greater proportion of crypto investigations on Dec 4. In a statement to Bloomberg, IRS-CI chief Jim Lee said that about half of all active investigations into digital assets over the past year have involved tax issues.
Some sectors of the crypto industry were excited (and/or confused) by an apparent BlackRock XRP Trust filing in the state of Delaware, suggesting the massive asset manager may try to launch an XRP exchange-traded fund (ETF) after applying to launch bitcoin and ether ETFs. But, this filing was "false."
Coinbase's tax leader has requested the IRS to reconsider its proposed cryptocurrency tax guidelines.
The crypto advocacy group’s suggestions included a de minimis exemption for crypto transactions and having the IRS provide guidance on block rewards, airdrops and hard forks.
The Internal Revenue Service (IRS) has recently issued a ruling stating that United States cryptocurrency investors who receive rewards from staking services are required to include the value of those rewards in their gross income.