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US Treasury Unveils Biden’s Proposed Tax Measures — Cryptocurrency Transfers Over $10,000 to Be Reported to IRS

The U.S. Department of the Treasury has announced measures to crack down on tax evasion involving cryptocurrencies as part of President Joe Biden’s proposed tax compliance measures. Among the measures is a requirement for businesses that receive crypto assets with a fair market value of more than $10,000 to report transactions to the IRS. Treasury […] дальше »

2021-5-20 20:32


Indian Govt. Backpedddling Bitcoin Ban? New Panel Planned to Study Crypto Regulations

The government of India may form a new panel of experts to study the regulation around cryptocurrencies in the country, reported the local publication citing sources privy to the discussions. A committee headed by former finance secretary, Subhash Garg in 2019, had recommended a blanket ban on crypto-assets which has now been seen as outdated. дальше »

2021-5-19 15:51


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Citi Sees ‘Very Rapid’ Accumulation of Interest in Bitcoin — Contemplates Launching Crypto Services

Citigroup is reportedly seeing a “very rapid” accumulation of interest in bitcoin across a broad spectrum of clients, including large asset managers. The bank is now considering launching its own crypto services as a growing number of banks are offering bitcoin-related services to their clients, including Goldman Sachs and Morgan Stanley. Citigroup is reported considering […] дальше »

2021-5-9 03:30


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Crypto Exchange OKEx to Integrate Ethereum Layer-2 Scaling Solution Arbitrum

Leading crypto exchange OKEx is ready to integrate Layer-2 Ethereum scaling solution Arbitrum. OKEx to Support Arbitrum Deposits and Withdrawals In an announcement made on May 2, one of the largest cryptocurrency exchanges by reported trading volume, OKEx stated it is collaborating with Arbitrum – a market-leading Optimistic Rollup scaling solution geared toward making theRead More дальше »

2021-5-4 09:00


Americans say cryptocurrencies have a ‘negative’ impact on their relationships

In a recent survey, 60% of US investors reported a decline in the quality of their personal relationships after being involved in the crypto sector, a report on Bloomberg pointed out Sunday. The post Americans say cryptocurrencies have a ‘negative’ impact on their relationships appeared first on CryptoSlate. дальше »

2021-4-27 04:00


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NatWest Bank Refutes Reports of Barring Customers from Dealing in Cryptocurrencies

A commercial bank in the U.K., NatWest, will bar clients who accept crypto payments, the Guardian reported on Apr 21. No Crypto Payment without Background Checks During an online shareholder, Morten Friis—who heads the bank Risk Committee, said cryptocurrencies like Bitcoin were “high risk” and that they were taking a cautious approach. Accordingly, they hadRead More дальше »

2021-4-23 11:01


Blackrock CEO on Crypto: “It Could Become a Great Asset Class” 

Amid growing institutional adoption of cryptocurrencies, it seems as though that Blackrock, the world’s largest asset manager, has now set its eyes on the rapidly expanding crypto space.  Back in January, Bloomberg reported that Blackrock was adding Bitcoin futures as eligible investments in two of its funds — the first time the firm had offered […] дальше »

2021-4-21 05:09


TIME Now Accepts Crypto as Payment for Subscriptions in the US and Canada

TIME, a global media brand with an audience of 100 million around the world, has announced that it has started accepting cryptocurrency as a form of payment for digital subscriptions. As was reported previously, the company would be HODLing any BTC that they receive, much like electric car maker Tesla when it announced that they […] The post TIME Now Accepts Crypto as Payment for Subscriptions in the US and Canada first appeared on BitcoinExchangeGuide. дальше »

2021-4-21 22:17


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Miami-Dade Officials Hope to Launch a Crypto Task Force, Residents Could Pay Taxes in Bitcoin Soon

Back in mid-February, Bitcoin.com News reported on Miami’s Mayor Francis Suarez supporting the idea of the city holding bitcoin in the treasury and allowing tax payments in bitcoin as well. On April 15, 2021, reports show that the city may introduce the tax payments concept soon, as the District 8 county commissioner Danielle Cohen Higgins […] дальше »

2021-4-17 02:30


Bitcoin Nears $60,000 After PayPal Announces Crypto Checkout Service

Bitcoin prices rallied in the early London session after Reuters reported that PayPal would launch its crypto checkout services later on Tuesday. The payment giant, which started offering bitcoin custodial and trading services in October last year, will now allow US customers to use their cryptocurrency holdings to pay to PayPal’s millions of merchants worldwide. […] дальше »

2021-3-30 13:48


‘Too Much’ Bitcoin Supply Is In Search of Yield Reveals True Inherent Yield on Crypto Assets

Decentralized Finance (DeFi) continues to attract not just degens and crypto enthusiasts, but as we have been seeing, government authorities are also getting interested. As we reported recently, the US Federal Reserve published a paper on DeFi, and now the Fed is interested in knowing more about the revolutionary and burgeoning sector that, according to […] The post ‘Too Much’ Bitcoin Supply Is In Search of Yield Reveals True Inherent Yield on Crypto Assets first appeared on BitcoinExchangeGuide. дальше »

2021-3-27 18:34


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Crypto Scams Constitute Two-thirds of Reported Investment Fraud in Austria

Austrian regulators say crypto scams are the most reported forms of investment fraud in the country ahead of the usual suspects like stock or gold schemes. Authorities in the country are trying to firm up virtual currency regulations to combat the menace of such criminal activities while regulated trading in digital assets continues to enjoyRead More дальше »

2021-2-20 22:00