2023-4-14 01:01 |
The bill aimed to have only state authorities impose regulations and taxes on individuals and businesses running blockchain nodes, as opposed to those at the city and county level. origin »
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AI and blockchain could assist in decisions around investments, taxes and insurance, and open up new avenues for income. But financial advisors will still play a key role.
2023-2-10 19:52 | |
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Almost any activity you do in crypto involves some kind of transaction to be recorded on the blockchain. And any kind of transaction is an alert for tax authorities to come and get their piece of your pie.
2022-10-26 00:38 | |
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From taxes and legislation to the local startups and professional associations — all you need to know about blockchain and crypto in Western Europe.
2022-10-17 16:12 | |
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The law enforcers like the IRS and FBI track Bitcoin with blockchain data and collaborate with private companies in an attempt to trace criminals and taxes.
2022-9-5 17:00 | |
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Some worry sharing information about foreign crypto holdings is unjustified snooping – but lawmakers also reckon blockchain technology could aid tax collection.
2022-4-22 10:42 | |
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Polygon (MATIC/USD) and stablecoin Tether are supporting Swiss city Lugano’s aims to become the blockchain capital of Europe. People can pay parking tickets, taxes, tuition fees and utility costs in Bitcoin (BTC/USD), Tether and LVGA, Lugano’s stablecoin, Invezz learned from a press release.
2022-3-5 17:53 | |
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Undoubtedly the biggest storyline this tax season was how crypto holders would pay their taxes if accountants, lawyers and even the IRS had trouble accounting for it. xDai, a truly decentralized stable payments blockchain, is now offering such a service through a partnership with CryptoTaxCalculator.
2021-5-20 03:42 | |
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Paying taxes on crypto has been something that the IRS has been very insistent on for quite a long time now. However, a lot of people who earn money through crypto trading still seem to believe that the nature of crypto and blockchain technology might be enough to protect them.
2021-5-10 15:41 | |
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Rather than raise taxes, Thailand’s Excise Department is looking to adopt blockchain technology for improved tax collection. The move is part of plans to enhance Thailand’s internally generated revenue (IGR) metrics as the country moves towards more sustained economic recovery.
2020-12-8 00:00 | |
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Trump's tax returns show the unfairness of the tax system and the need for reform. Blockchain governance offers some ideas.
2020-10-3 19:23 | |
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Why is blockchain reference data important? How can it help save on taxes? Lukka co-CEO Robert Materazzi explains.
2020-8-17 12:00 | |
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Officials in Venezuela are mulling the payment of citizen taxes using the Petro cryptocurrency despite criticisms of it not being backed by a public blockchain, as per local reports Tuesday. Taxes Paid in Crypto Coming to Venezuela The Bolivarian Council of Bolivarian Mayors and Mayors signed this Sunday the National Tax Harmonization Agreement in 305Read MoreRead More.
2020-8-12 15:07 | |
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Retail interest in Chainlink is booming, Ethereum may follow Cosmos on its path to upgrade and the U.K. central bank is mulling a CBDC.
2020-7-15 19:28 | |
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One of the witnesses at a recent government blockchain hearing said dealing with the current crypto tax scene is a mess
2020-3-5 22:19 | |
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Nobody likes taxes but for US based blockchain users things can be particularly awful. This week we discuss US tax treatment of "Virtual Currencies" and how scams find a home wherever opportunity exists, at least for a while.
2020-2-10 19:00 | |
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The chairman of the Global Blockchain Business Council is working with others on a way to add transparency and openness to taxes.
2020-2-7 22:59 | |
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Koinly is an online platform for calculating your crypto taxes and tracking your portfolio. As it supports more than 100 countries, Koinly allows people from all around the world to generate their crypto tax reports.
2019-11-20 15:47 | |
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Cred Merchant Solutions has been unveiled in Emeryville during San Francisco Blockchain Week in an event hosting several California elected officials. The new point-of-sale system will help unbanked business sectors, such as California’s cannabis industry, accept crypto payments from customers and pay taxes.
2019-11-3 14:50 | |
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At Computing‘s recent Cloud and Infrastructure Live event, Business 5. 0 expert and senior advisor to IBM and McKinsey & Co. , John Straw, predicted that blockchain would render the City of London irrelevant.
2019-10-25 14:00 | |
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It’s been a hard year for crypto users in the US. The IRS has started chasing down crypto taxes, various exchanges have withdrawn services from US users, and most recently, Telegram has come under the wrath of the SEC, accused of selling unregistered securities.
2019-10-21 20:21 | |
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In a press release issued on October 2, 2019, Ohio Treasurer Robert Sprague announced the suspension of the OhioCrypto. com website which allowed businesses to file their taxes with bitcoin (BTC. ) A Short-Lived Affair Ohio’s love affair with the premier cryptocurrency didn’t last particularly long as on October 2, 2019, the state’s Treasurer, Robert Sprague, statedRead MoreRead More.
2019-10-4 21:00 | |
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The state of Ohio has become an unexpected center of American fintech focus in recent years, thanks to remarkable developments at the intersection of crypto, blockchain and government. That said, the online crypto portal that has allowed Ohio businesses to pay their taxes with bitcoin since last year, ohiocrypto.
2019-10-3 15:35 | |
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France has welcomed cryptocurrency investments by announcing that crypto to crypto transactions will be tax-exempt, and necessary taxes will be applied only when selling crypto for fiat currency. According to Bloomberg Tax, France will also introduce a value-added tax (VAT) for transactions where crypto is directly used to purchase goods and services, September 12, 2019.
2019-9-13 17:00 | |
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Welcome to another Moonday Mornings. Let’s waste no time and take a look at the weekend’s cryptocurrency and blockchain headlines you can’t afford to miss. 1. Cryptocurrency traders in Israel are facing a sticky situation.
2019-8-12 11:29 | |
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Israeli media sources say bitcoin traders in the country are finding it difficult to pay taxes as banks continue to refuse crypto deposits, August 6, 2019. Banks in many countries refuse to accept deposits from crypto-related activities based on fears of money laundering and other illicit financial activities.
2019-8-7 19:00 | |
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The IRS has sent warning letters to over 10,000 customers who have used Coinbase and can be declared as crypto investors with full confidence. Many experts have weighed in to offer their advice to retail investors, encouraging them to declare their assets and pay their taxes instead of trying to skirt by regulation.
2019-8-2 01:00 | |
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Good morning, and welcome to Moonday Mornings. Let’s take a look at the cryptocurrency and blockchain headlines from over the weekend. 1. The US Internal Revenue Service (IRS) is going after digital asset traders and has begun sending them letters asking that they report their cryptocurrency holdings and pay their taxes, Coindesk reports.
2019-7-29 10:55 | |
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According to a press release dated July 15, 2019, the city of Richmond Hill, Canada, is rolling out a project that allows residents to pay property taxes with bitcoin (BTC) through crypto startup, Coinberry.
2019-7-17 09:00 | |
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Speaking at the U. S. House Ways and Means Committee on June 4, 2019, U. S. Republican Congressman Ted Budd mentioned two crypto specific bills he hopes would witness unanimous support from the Congress.
2019-6-11 23:00 | |
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The Israel Tax Authority has won a court case against Noam Copel, a Bitcoin investor and founder of a blockchain startup called DAV, who bought the cryptocurrency in 2011 and sold it in 2013 with a profit of NIS 8.
2019-5-24 18:00 | |
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By CCN: An Israeli court has ruled that Bitcoin is not a currency but rather an asset. This was in a case brought forth by Noam Copel, a blockchain entrepreneur, according to business publication Globes.
2019-5-22 15:39 | |
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The U. S. Internal Revenue Service (IRS) is planning to overhaul its methods for determining the federal taxes due on cryptocurrency payments to improve clarity for taxpayers.
2019-5-21 20:54 | |
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The Australian Taxation Office (ATO), on April 30, 2019, announced that they were collecting trading records from designated service providers (DSPs) to ensure that cryptocurrency traders were presenting accurate income statements and not cutting out on taxes.
2019-5-2 13:00 | |
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Andrei Poliakov is the CEO and co-founder of Coinberry, one of Canada’s premier digital currency platforms. His company is the first in Canada to partner with a government municipality.
2019-4-23 17:42 | |
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By CCN. com: Big Four accounting firm Ernst & Young (EY) wants to make filing your crypto tax returns easier. To this end, the auditing giant launched the second generation of its EY Blockchain Analyzer, a blockchain analytics tool.
2019-4-17 14:58 | |
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Since it has now become mandatory for digital assets traders to remit taxes, 21 members of the United States Congress, led by congressman Thomas Earl Emmer, have jointly sent a bipartisan letter to the United States Internal Revenue Service (IRS) urging it to publish new guidelines on crypto tax remittance, according to a press releaseRead MoreRead More.
2019-4-13 19:00 | |
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Margrethe Vestager, the EU Competition Commissioner, believes Europe need not wait for global consensus before deciding on a digital tax, Reuters reports. Vestager wants the EU to take the lead on imposing heavier taxes on U.
2019-4-9 11:00 | |
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According to a press release published April 4, 2019, Missouri-based tech start-up, CryptoTrader. Tax has successfully integrated with commercially successful tax software Intuit TurboTax. File Crypto Taxes in Minutes Many would agree that doing taxes is a tedious and complicated process.
2019-4-6 21:00 | |
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The Ontarian town of Innisfil, Canada, has launched a pilot program in which local residents can pay their taxes… The post Canada Adoption: First Town Approves Paying Taxes With Bitcoin – What’s Next In Line? appeared first on Invest In Blockchain.
2019-3-29 09:41 | |
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Ohio might have made history as the first city to accept cryptocurrency for corporate taxes, but one Canadian town is adding its name to the books by becoming the first in North America to permit its citizens to pay their personal taxes in bitcoin.
2019-3-28 19:04 | |
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Michael Meisler, EY Glbobal BLockchain Tax Leader gives his thoughts on the current and future status of cryptocurrency taxes. The post Interview with Michael Meisler, EY Global Blockchain Tax Leader appeared first on CoinCentral.
2019-3-24 21:00 | |
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Unless you’re tax-evading bitcoin bull John McAfee, this is the time of year when Americans begrudgingly prepare to file their tax returns. To streamline this process, Big Four accounting firm Ernst & Young introduced a cryptocurrency tax tool.
2019-3-6 01:05 | |
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Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency.
2019-3-1 20:16 | |
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According to a recent statement made by Ohio’s state treasurer, so far, only two businesses have filed their taxes in crypto using the state’s crypto tax payment scheme.
2019-2-22 01:23 | |
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I had the opportunity to participate on a legal panel with David Silver at the Unconfiscatable: Bitcoin Not Blockchain Conference put on by Tone Vays in Las Vegas.
2019-2-7 20:39 | |
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Cryptocurrency exchange users will now be able to have their taxes done instantly as TurboTax announced on January 4, 2019, that they will be partnering with CoinsTax to offer this service. Paying Their Dues It would seem that on a daily basis, progress is made in getting a framework set up for cryptocurrency taxation.
2019-2-6 06:00 | |
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Coinbase, the US-based digital asset exchange wrote in a blog post on Thursday about the confusion surrounding taxes in regards to cryptocurrency transactions. The exchange noted that both their customers and the broader crypto community who are US taxpayers need clarity on the issue.
2019-1-26 16:14 | |
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Lawmakers in New Hampshire put forward a new bill on January 3, 2019, which would see cryptocurrencies legitimized as an acceptable payment method for “taxes and fees” in July 2020. Meanwhile, Pennsylvania excludes crypto from the definition of money but eases operations for cryptocurrency businesses.
2019-1-26 02:00 | |
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Coinbase, one of the largest American cryptocurrency exchanges, has introduced new resources for its U. S. -based customers to claim crypto trades on their taxes, the company announced in a blog post on January 24, 2019.
2019-1-26 00:00 | |
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Bitcoin is known as a censorship-resistant network. Normally, this characteristic is presented as one of its basic selling points. The Bitcoin dev community is stirred with a heated debate over the imminent removal of a spam filter that limits non-monetary…
The Decentralized AI Society and CETI AI are joining forces on an initiative that will see DAIS run a masternode of Hypercycle, the artificial intelligence infrastructure platform focused on developing nodes that power the internet of AI. In an announcement,…
NodeOps, a top blockchain node orchestration platform, has announced a major milestone as it becomes a key validator partner for several enterprises in the crypto venture capital space. In an announcement, NodeOps said it had partnered with Maven 11, Spartan…
NodeOps, a leading blockchain node orchestration platform, emerged as one of the top decentralized physical infrastructure networks by revenue in 2024. The DePIN project’s strong performance over the past 12 months saw it rank fourth on the revenue leaderboard. NodeOps…
Imagine the blockchain network as a giant library where everyone can borrow and return books, and no one has the power to tamper with them. In that library, cryptocurrencies are used as the currency to pay for these books, while…
Inside ZeroSync: how zero-knowledge proofs are making a massive advance toward instant bitcoin node sync.
Blockchain mining software firm DEBT Box has been accused of lying to investors about its involvement in crypto mining and its “node licenses.”