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IRS sheds light on reporting requirements for fiat-purchased crypto

The United States Internal Revenue Authority (IRS) has updated the FAQ section on cryptocurrencies. A report unveiled this news on March 3, noting that the update exempts individuals that purchased crypto using fiat currencies and had no other crypto transactions in 2020 from reporting such transactions under the virtual currency question. дальше »

2021-3-4 17:20


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An Iranian Think Tank Recommends the Use of Cryptocurrencies to Circumvent Sanctions

A think tank affiliated with the Iranian Presidency has unveiled a study report that encourages the use of cryptocurrencies in circumventing sanctions against the country. In addition, the report also claims the government could potentially “generate US$2 million a day and $700 million a year in direct revenue from cryptocurrencies. дальше »

2021-3-4 06:00


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Ethereum Is Trending For All The Wrong Reasons, Here’s Why

Ethereum has been making rounds in the cryptocurrency ecosystem, but not for the right reasons at all. The discussion about Ethereum’s high fee charges gained traction when network users raised concerns about the booming revenue of network miners, which on the flip side continues to soil users’ pockets by the second.  Even as developers on […] дальше »

2021-3-2 12:56