Brazil Tax Authorities Impose New Regulation to Fine Crypto Traders Who Do Not Report Their Transactions

2019-12-8 20:30

Back in August this year, the Department of Federal Revenue rolled out various provisions and stipulations that require all Brazilian citizens to report transactions that involve cryptocurrency. A recent report tabled on December 6th from one of Brazil’s most popular news outlets stated that the new codes for reporting cryptocurrency was introduced to back up […] origin »

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Disclosure of Domestic Cryptocurrency Transactions in Brazil are now Compulsory

Starting from this month, Brazilian citizens have to report cryptocurrency transactions to the competent authority compulsorily or will run into sanctions, according to a press release, August 1, 2019 Declaring Digital Currency Brazil has just made it illegal to not disclose data regarding cryptocurrencies transaction to Tax Authorities.

2019-8-2 17:00


Canada mandates registration of cryptocurrency exchanges by June 2020

The Financial Transactions and Report Analysis Center of Canada(FinTRAC) released a report on 10 July, revealing financial regulations that the Canadian government has planned, for 2020. According to the report, cryptocurrency exchanges will be entailed to register with the Financial Transactions and Report Analysis Center of Canada, in order to restrain money laundering activities in […] The post Canada mandates registration of cryptocurrency exchanges by June 2020 appeared first on AMBCrypto.

2019-7-12 23:30


Ethereum recorded over 1 million transactions owing to smart contract creation, reveals SOOHO report

Technologists including Ethereum’s Vitalik Buterin and Cardano’s Charles Hoskinson have shifted their focus into developing individual ecosystems and improving market adoption. This drive is complimented by these technologists uploading informative videos that trace their company and coins’ future roadmap.

2019-7-2 20:30


Over Three Fourths Of EOS Blockchain dApp Transactions Are Carried Out By Bots: AnChain Report

Over 75% Of Transactions On dApps On Eos (EOS) Blockchain Carried Out By Blockchain Bots – AnChain Report The report released by AnChain, a research company dedicated to the field of blockchain earlier this week shows over 51% of unique accounts and 75% of transactions on the EOS blockchain are owned by blockchain bots. To […]

2019-6-6 21:21


Chainalysis Report: Bitcoin’s Major Use Case is for Speculation

Chainalysis, a U. S. based blockchain intelligence firm’s research revealed that between January and April 2019, only 1. 3 percent of Bitcoin economic transactions were carried out by merchants and as such, speculation remains Bitcoin’s major use case and it has retarded the cryptocurrency’s massive adoption as means of payment, reports Bloomberg on May 31, 2019.

2019-5-31 20:52


Monero and Zcash are ‘privatizing the blockchain,’ claims Nym Technologies’ Harry Halpin

Monero, the privacy coin, and its fundamental features – ring signature, ring confidential transactions, and stealth addresses, have received a lot of attention in the past. However, in a recent edition of the Keiser Report, Nym Technologies’ CEO, Harry Halpin, said that Monero and Zcash were basically “privatizing the blockchain” itself and the sensitive data can be […] The post Monero and Zcash are ‘privatizing the blockchain,’ claims Nym Technologies’ Harry Halpin appeared first on AMBCrypto.

2019-5-22 01:00


Bitcoin Blocks Are Close To Becoming Full Once Again Per Latest Industry Research Report

Bitcoin Blocks Are Close To Becoming Full Once Again Bitcoin (BTC) blocks seem to be reaching a limit, leading to an increase in the fees that miners take for processing transactions. Since April 2018, the number of transactions in the Bitcoin network has been growing, reaching 452,000 transactions in just a single day a few […]

2019-5-7 21:47