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US: IRS Declares Crypto Earned via Microtasking is Taxable Income
The U. S. Internal Revenue Service (IRS) continues to keep a keen eye on crypto-transactions. IRS to Tax Crypto Earned via Microtasks According to a report by The Block, the U. S. tax watchdog is set to tax cryptocurrencies earned via microtasking jobs. дальше »
2020-9-1 00:07 | |
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Why Unifying Payments Infrastructure Will Boost Financial Inclusion
The latest episode of Block Stars is the conclusion of current Ripple CTO David Schwartz’s two-part conversation with former Ripple CTO, Stefan Thomas. Stefan is now the founder and CEO of Coil, a Web Monetization service that streams payments to publishers and creators based on the amount of time Coil members around the world spend … Continued The post Why Unifying Payments Infrastructure Will Boost Financial Inclusion appeared first on Ripple. дальше »
2020-9-1 21:00 | |
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UK’s financial regulator expands AML regulations to all cryptocurrency firms
According to the consultation paper published by the UK’s financial regulator, cryptocurrency firms need to submit an annual report on their problem dealing method. The consultation paper reveals the plan to broaden the annual crime reporting requirements that involves cryptocurrency exchanges and other custodian wallet service providers. дальше »
2020-8-31 01:49 | |
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Japanese Fin Giant SBI Announces Crypto Derivatives Trading
SBI Group has announced it will be offering contracts for difference (CFD) trading for six cryptocurrency pairs. The service will go live at the end of this month. The giant of Japanese finance will become the first foreign exchange (Forex) company to offer such a derivative product for digital currencies in Japan. дальше »
2020-8-29 18:52 | |
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South Korea’s ICONLOOP launches blockchain KYC certification service
ICONLOOP, the South Korean-based blockchain platform, today announced a partnership with Shinhan Bank, Korea’s second-largest commercial bank, to issue KYC compliance certificates through its mobile app Zzeung, which uses ICONLOOP’s blockchain-based decentralized identity (DID) technology. дальше »
2020-8-27 23:33 | |
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IRS Sends Fresh Round of Tax Warning Letters to Cryptocurrency Owners
The U. S. Internal Revenue Service (IRS) has begun sending new warning letters to cryptocurrency owners. This followed the tax agency prioritizing cryptocurrency on its tax forms. “The IRS is getting very serious about cryptocurrency tax compliance,” a tax expert told news. дальше »
2020-8-27 23:30 | |
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Cryptocurrency News Roundup for August 26, 2020
It looks like the U. S. Internal Revenue Service (IRS) has resumed its controversial campaign of sending letters to cryptocurrency holders. Just as seen in 2019, the purpose of these letters is to warn crypto investors against dodging taxes on their digital asset holdings. дальше »
2020-8-27 22:43 | |
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The Internal Revenue Service (IRS) Sends Out ‘Crypto Tax Compliance’ Letters To Investors
The U.S. Internal Revenue Service (IRS) is once again sending out letters to cryptocurrency investors notifying them to pay their taxes and those that haven’t filed their taxes correctly. The taxman is increasing its efforts in collecting crypto transaction taxes, and those yet to file could be subject to “future civil and criminal enforcement activity. […] дальше »
2020-8-26 16:21 | |
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JAY-Z’s Music Streaming Service TIDAL Purchased $7 Million Worth of SENSO Tokens
TIDAL, high-fidelity music and video streaming service owned by JAY-Z, Lil Wayne, Rihanna, Calvin Harris, Daft Punk, and Chris Martin, has purchased $7 million worth of SENSO. This ERC-20 token functions as the in-platform token of Sensorium Galaxy — a social VR platform that allows users to communicate in a new way, attend concerts, dance […] дальше »
2020-8-26 16:00 | |
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Celebrity Owned TIDAL Purchased $7 Million Worth of Sensorium Social VR Platform Tokens
SENSO, the in-platform token of Sensorium Galaxy, is suddenly in the spotlight following a $7 million purchase from TIDAL — global music and video streaming service co-owned by JAY-Z, Rihanna, Daft Punk, Lil Wayne, Chris Martin, and Calvin Harris. дальше »
2020-8-26 15:14 | |
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Huawei and Beijing Municipal Government Collaborate to a Build Blockchain-Governed Smart City
Huawei, the Chinese tech giant, has partnered with Beijing Municipal government to develop a blockchain-governed smart city to improve service delivery and data-sharing. This initiative comes as China intensifies its tokenomics dominance with the DC/EP set to be rolled out in major cities such as Beijing. дальше »
2020-8-26 20:20 | |
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US-based Online Crypto Tax Service Compromised; Hacker Accesses Data From Over 1000 Users
Cryptotrader. Tax was compromised by a hacker who managed to access the data of over 1,000 users of this online tax calculation and filing service. Coindesk reported yesterday that the hacker was able to break into the Cryptotrader. дальше »
2020-8-26 19:07 | |
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Sberbank and S7 Airlines to start selling tickets through blockchain platform
S7 Airlines, in partnership with Sberbank, is implementing a ticket purchase system using a blockchain-based platform, smart contracts and tokens. The service will be available to ticket agents who have corporate accounts in Sberbank. дальше »
2020-9-3 14:30 | |
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Future FinTech Enters into Letter of Intent with Asen Tech Group Limited
Future FinTech Group Inc. a leading blockchain e-commerce company and a service provider for financial technology, today announced it entered into a SHARE EXCHANGE Letter of... дальше »
2020-8-25 09:04 | |
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FamaCash Announces Partnership with Stably
FamaCash, one of the fastest growing digital financial service (DFS) networks in the world, today announced that it has partnered with the blockchain technology experts at... дальше »
2020-8-25 08:24 | |
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Remitano Extends Its Escrow Service to Venezuela, Adds Fiat (VE) Wallet with Instant Trade Feature
With more Venezuelans looking to join the crypto space, leading peer-to-peer (P2P) crypto exchange Remitano has announced the launch of a new Venezuelan Bolivar (VE) fiat wallet and an instant trade feature. дальше »
2020-8-24 18:05 | |
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Блокчейн-платформа Китая добавит поддержку стейблкоинов в 2021 году
Национальная блокчейн-платформа Китая (Blockchain Service Network, BSN) добавит поддержку стейблкоинов в 2021 году. Об этом в комментарии для Cointelegraph сообщил Ифань Хэ, генеральный директор компании Red Date Technology, которая участвует в разработке BSN. дальше »
2020-8-24 12:06 | |
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New IRS Form Puts Cryptocurrency Front and Center
They’re on to you, and they want their cut. The new Internal Revenue Service (IRS) tax return 1040 for U. S. citizens has been released. For cryptocurrency holders and traders, there’s something new on the front page: Virtual Currency. дальше »
2020-8-24 20:12 | |
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IRS Prioritizes Cryptocurrency, Now First Question on 1040 Tax Form
The new U. S. tax form is out and the cryptocurrency question is the first one on the main 1040 tax form used by about 150 million people to file their taxes. The Internal Revenue Service (IRS) requires all tax filers to declare whether they have received, sold, exchanged, or acquired any cryptocurrencies. дальше »
2020-8-22 19:30 | |
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Winter Is Coming: Examining the Economy’s Eight-Body Problem
From the devastation of the service industry to never-ending central bank intervention, these factors make predicting the future of the economy nearly impossible. дальше »
2020-8-22 22:00 | |
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Digital Asset and Exberry launch new exchange infrastructure-as-a service solution
Exberry, the exchange technology pioneer, and Digital Asset, the creators of the open source DAML smart contract language, today launched an end-to-end exchange infrastructure. With the new partnership, any business developing a new digital asset marketplace can launch in a matter of days with a fully-compliant, end-to-end exchange platform and a near risk-free post-trade settlement […] CryptoNinjas » Digital Asset and Exberry launch new exchange infrastructure-as-a service solution дальше »
2020-8-20 19:04 | |
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Binance Launches DeFi Staking Promising ‘Generous Rewards’ Starting with DAI
The leading spot cryptocurrency exchange Binance has now launched Decentralized Finance (DeFi) staking. The first DeFi product available for this service is the stablecoin DAI, and DAI staking is already live on the platform with annualized earnings of 12%. дальше »
2020-8-20 18:10 | |
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Gemini Exchange Approved by the UK’s Financial Watchdog; Sets the Stage for European Expansion
U. K’s Financial Conduct Authority (FCA) has approved Gemini’s Europe subsidiary, setting up the U. S based crypto exchange to scale its businesses while being compliant. Gemini joins Archax, which is also a digital asset service provider operating in the U. дальше »
2020-8-20 16:27 | |
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TD Holdings, Inc. Announced to Enter into Digital Cloud Storage Business
TD Holdings, Inc. a commodities trading service provider in China announced to establish a wholly-owned subsidiary Tongdow (Hainan) Data Technology Co., Ltd. in Hainan Province, China, officially launching the... дальше »
2020-8-20 06:12 | |
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SIMBA Chain Announces Connectivity to Over-260 Applications on Microsoft AppSource
Blockchain innovator SIMBA Chain today announced the availability of its Smart Contract as a Service (SCaaS) platform on Microsoft AppSource, an online cloud marketplace providing... дальше »
2020-8-20 06:07 | |
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Comptroller of the Currency: Crypto phenomenon cannot be ignored
Cryptocurrency phenomenon is growing around the world, and while the US resisted for much longer than anyone would have expected, it started joining the trend, as well. The biggest evidence of this was the recent decision to allow US banks to offer crypto custody service. дальше »
2020-8-20 16:11 | |
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VeChain (VET) Inks Strategic Partnership Deal with Grant Thornton Cyprus
VeChain (VET) has announced the signing of a strategic partnership deal with Grant Thornton Cyprus. The alliance will enable the professional services network to take advantage of VeChain’s blockchain solutions to service the needs of its clients in various industries, according to a blog post on August 17, 2020. дальше »
2020-8-18 19:00 | |
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Amid US Postal Service ‘Crisis’ USPS Files Patent for Blockchain Mail-in Voting Scheme
The United States Postal Service (USPS) is falling apart at the seams and many Americans are blaming the Trump administration. The USPS may have to deal with the U. S. election ballot process, as mail-in votes may be the dominant practice thanks to the coronavirus. дальше »
2020-8-18 05:00 | |
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New code of practice to improve Singaporean crypto firms
ACCESS code of practice to ensure crypto service providers abide by strict regulations to... The post New code of practice to improve Singaporean crypto firms appeared first on Coin Journal. дальше »
2020-8-17 11:47 | |
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US Post Office could turn to blockchain tech after Trump threatens “shutdown”
A patent filed by the US Postal Service (USPS) describing a blockchain-based tool was made public earlier this week after news of President Donald Trump trying to shut down the organization, reported Forbes. дальше »
2020-8-16 08:47 | |
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China: Digital Yuan to Be Piloted in More Cities, Policy Design Will Be Completed by End of 2020
The latest official statement from China’s Commerce Ministry seeking to comprehensively deepen pilot tasks, highlight specific measures, and specify the division of responsibilities for the innovative development of service trade reveals that more cities in the second-largest economy will pilot the digital yuan. дальше »
2020-8-15 01:00 | |
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Elliptic Partners with Fireblocks for Enterprise Grade KYC/AML Crypto Compliance Automation
Elliptic, a blockchain analytics firm, has partnered with institutional crypto storage and transaction service provider, Fireblocks; a move that is set to enhance the KYC/AML effectiveness of both companies. дальше »
2020-8-15 21:40 | |
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US Postal Service Files Blockchain Voting Patent Following Trump Cuts
Is it enough to meaningfully resist election fraud?
дальше »2020-8-15 21:39 | |
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USPS Patents A Blockchain-Based Mail-In Voting System Despite President Trump’s Critics
The United States Postal Service (USPS) might have a blockchain-based plan for the U.S mail-in voting suggestion. According to a patent made public by the U.S Patent and Trademark Office on August 13, the USPS had filled an intellectual property application for a blockchain ecosystem dubbed ‘Secure Voting System’ back in February. Interestingly, this development […] дальше »
2020-8-15 19:02 | |
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Markets.Bitcoin.Com Holds Fort as Coinmarketcap Temporarily Goes Offline
Coinmarketcap (CMC) temporarily went offline Thursday, August 13 and normal service only resumed some hours later, but not before inconveniencing a number of regular users. Crypto investors accustomed to CMC’s service scrambled to find reliable alternative sources of fresh market data. дальше »
2020-8-14 06:45 | |
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Popular Bitcoin Payment App, Square CashApp, Considers Launching Short-Term Loans
Jack Dorsey’s Square might soon be offering loans of up to $200 through its P2P service platform, CashApp. This revelation follows a recent report by TechCrunch, which highlighted that the firm is testing the new feature with about 1000 users as of press date. дальше »
2020-8-13 19:25 | |
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Wirecard (WDI) to Be Ousted From the DAX Selection Indices Following Its Insolvency
Coinspeaker Wirecard (WDI) to Be Ousted From the DAX Selection Indices Following Its InsolvencyEmbattled payment service company Wirecard (WDI) is set to be ousted from the DAX index following the company's declaration of insolvency. дальше »
2020-8-14 18:16 | |
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Coinbase Customers in Select U.S. States Will Soon Be Able to Borrow 30% of Their Bitcoin Holdings in Cash
Coinspeaker Coinbase Customers in Select U. S. States Will Soon Be Able to Borrow 30% of Their Bitcoin Holdings in CashCoinbase has unveiled its borrowing service which will go live later in the fall. дальше »
2020-8-13 13:38 | |
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Signd Launches as Next Generation Trusted E-signature App
Signd launched today as world’s first, patent pending cloud service bringing CRM Contacts, Multilingual SOC-2 Compliant Digital Signing and embedded Web/Video Conferencing, all under one... дальше »
2020-8-16 12:37 | |
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Russia plans to track crypto transactions using AI-based platform
The Federal Financial Monitoring service announced the development of crypto tracker to combat illegal... The post Russia plans to track crypto transactions using AI-based platform appeared first on Coin Journal. дальше »
2020-8-13 12:08 | |
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Russian Monitoring Agency Develops Blockchain Analysis Tool To Track Bitcoin And Monero
A report from local news channel RBC confirmed on Tuesday Russian intelligence unit, Rosfinmonitoring, (Russia’s Federal Financial Monitoring Service), has proposed a cryptocurrency monitoring tool similar to U. дальше »
2020-8-11 21:18 | |
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