2022-1-12 17:00 |
TaxBit wants to prevent crypto users from spending “thousands of dollars per year” to generate crypto tax forms.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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2021 opened the floodgates of the crypto sector, and countries all over the world were forced to grapple with the rise of this technology in its myriad forms. With crypto journalists reporting on everThe post Grayscale CEO helps investors scale down by pointing out these five crypto trends appeared first on AMBCrypto.
2022-1-7 16:30 | |
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Check out U.Today’s latest news digest!
2022-1-6 18:57 | |
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With inflation figures soaring across the US and Europe, tens of millions are turning to add income streams to catch up and improve their financial status. One of the most popular new trends combines the side hustle, one of the most popular forms of entertainment globally, and blockchain technology. That form of entertainment is gaming,Read More
2021-12-8 16:00 | |
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Binance Smart Chain network-based Smart Contract is the rising star in the crypto business. As a matter of fact, it is considered to be a crucial contributor to the blockchain economy. Lately, countless financial opportunities have been coming up for crypto investors and enthusiasts in various forms.
2021-11-16 02:30 | |
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What Is a Masternode in Crypto? Crypto currencies are known for their security. Even though there are many scammers in this world, hacking a blockchain itself is a rarely heard thing. This security comes in all different forms, proof of works, proof of stakes and many different methods.
2021-10-21 16:34 | |
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Crypto platform 2Local announced a strategic partnership with leading payment platform Simplex to enable seamless crypto trading on its platform. Over time, the partnership has helped the firm tremendously grow towards achieving its goal of providing crypto services to as many people as possible.
2021-10-5 22:04 | |
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The IDO season is not over yet. The past few months we have witnessed busy days as the crypto community was burdened with filling whitelisting forms and participating in community initiatives of upcoming IDO projects.
2021-10-4 11:00 | |
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Gareth Bale, Welsh national and Real Madrid champion, is dropping a limited NFT collection in two forms on September 28th. Both will be available on Crypto. com, Invezz learned from a press release.
2021-9-22 19:02 | |
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Regulatory crackdown on crypto has become quite prevalent in many parts of the world, including Nigeria. However, the country that homes one of the largest groups of crypto-traders in the world is nowThe post Nigeria's SEC forms Fintech unit to study crypto for future regulations appeared first on AMBCrypto.
2021-9-4 02:30 | |
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The push for cryptocurrency adoption takes different forms. But, one of the most innovative ways has so far been gamification. To that end, Fold, a Bitcoin rewards and payments app has come up with an interesting way to get people more invested in crypto.
2021-8-19 17:32 | |
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In recent times, China has made moves to halt all forms of Bitcoin mining in its vicinity. According to the government, the operation is consuming more energy than necessary. There have been concerns on how the crackdown will affect crypto prices, given that other countries also picked up the trend. China’s action led to a […]
2021-7-20 01:20 | |
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Bank of America Corp. has assembled a new team of experts to study cryptocurrencies, led by Alkesh Shah. Bank Of America Puts Together Crypto Team According to a report from Bloomberg on Thursday, Bank of America has formed a cryptocurrency research team in an attempt to profit on the growing interest in the digital asset […]
2021-7-9 19:14 | |
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Mining forms the cornerstone for all Proof-of-Work blockchains. While it started out as a well-paid hobby for early adopters of crypto, it has evolved into a sector that secures over one trillion dollThe post Making mining profitable with PKT Cash appeared first on AMBCrypto.
2021-6-14 17:30 | |
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Discourse surrounding crypto assets and digital currencies are heating up, and the latest to air its view is the UK's Bank of England. Digital Money Fostering ‘Pertinent Questions’ In a discussion paper published on June 7, the Bank of England (BoE) gave its two cents about what it termed new forms of digital money, covering […] The post BoE Seeks Same Regulatory Oversight For Stablecoin As Fiat In Latest Discussion Paper first appeared on BitcoinExchangeGuide.
2021-6-7 21:15 | |
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Former Bank of England advisor Huw van Steenis has stated that central banks are not running scared of cryptocurrencies. He believes retaining control of money forms the crux of their move towards central bank digital currencies (CBDCs).
2021-5-22 15:10 | |
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The crypto space is growing to become more expedient to not just the financial world, but to mankind as well. Cryptocurrencies in their different forms are designed for various purposes, thus stretching its benefactions to all spheres of the world.
2021-5-12 17:31 | |
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Crypto money manager Grayscale has partnered with the New York Giants
2021-5-6 17:14 | |
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The key to properly filing taxes on cryptocurrency comes down to excellent record-keeping, the correct IRS tax forms, and knowledge about what qualifies as income versus capital gains. Handle Tax Filings With Care to Avoid Any Audits Although the traditional April 15th deadline for filing US taxes has been pushed to May 17th, there is […]
2021-4-1 05:30 | |
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The United States Internal Revenue Service (IRS) is looking to enforce cryptocurrency tax compliance with its recent initiative. “Operation Hidden Treasure” Is Not A Fun Game The IRS will be coming down hard on those who under-report their crypto gains in their tax forms, Forbes reports.
2021-3-10 18:47 | |
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The Covid 19 pandemic fueled cryptocurrency adoption as other currency forms came crashing down as economies took a turn for the worst. Higher Crypto Adoption The crypto community capitalization is officially over with a modest 5.
2021-3-9 14:00 | |
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Lukka, the leading crypto asset software and data provider, announced today it is collaborating with IHS Markit to create and deliver Forms 1099-B to LedgerX...
2021-2-25 06:26 | |
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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
2021-2-20 22:00 | |
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Article 166 of Costa Rica’s Labor Code, for example, allows for employees’ salaries — if they exceed the amount covering the minimum wage — to be paid using forms of compensation including cryptocurrency.
2021-1-28 05:55 | |
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Disclosure forms have shown how much some crypto firms paid in lobbying efforts in 2020. Ripple and Coinbase lead the way with about a million spent. The post Ripple and Coinbase Spent Roughly M to Lobby Washington Last Year first appeared on BitcoinExchangeGuide.
2021-1-26 18:04 | |
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Kyrgyzstan’s central bank has issued draft crypto regulations that will create a legal framework for the country’s crypto industry. The move forms the latest effort by the government to leverage the growing virtual currency adoption in the country while providing adequate investor protection.
2021-1-7 20:00 | |
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The US IRS (Internal Revenue Service) recently released revised draft instruction for the country’s tax filers. The tax agency used the opportunity to remind the country’s citizens that crypto users need to admit their dealings with digital currencies when filling up the IRS tax forms.
2021-1-5 13:28 | |
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In its Q3 2020 earnings call on Monday, PayPal Holdings, Inc. (NASDAQ: PYPL) discussed increasing the utility of cryptocurrencies and to embrace new forms of central bank digital currencies (CBDC), which are just “a matter of when and how they’re done, not if.
2020-11-4 22:13 | |
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The US tax authority has been getting serious about cryptocurrency for quite some time. However, the US crypto users have tried their best to ignore the IRS’ warnings to carefully calculate their crypto income and include it in their reports.
2020-9-29 11:12 | |
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Twitter CEO and founder of Square Payments Company, Jack Dorsey, announced that Square has launched the Cryptocurrency Open Patent Alliance (COPA) to create a better strategy for crypto patents, which will help rather than stifle or derail crypto development and adoption.
2020-9-11 15:10 | |
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Square said the Cryptocurrency Open Patent Alliance (COPA) will allow companies to access and share tech innovations with one another.
2020-9-10 19:05 | |
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The cryptocurrency craze that has taken over central banks around the world has started taking a firm grasp in South American countries. According to recent information, the central bank of Brazil has now also developed a strong interest in digital currencies.
2020-8-26 15:34 | |
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The US taxation watchdog is tightening the noose around crypto investors. IRS Wants to Know About Your Crypto Indulgences The US Internal Revenue System (IRS) recently released drafts of its income tax forms for 2020 which particularly asks all taxpayers whether they ever bought any crypto.
2020-8-22 15:07 | |
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It has been a rocky past few days for Bitcoin and the entire cryptocurrency market After first stabilizing above $12,000 for a multi-day period earlier this week, the crypto recently faced an influx of selling pressure that pushed it back below this level It has now entered what appears to be yet another prolonged consolidation phase in the upper-$11,000 region On a positive note, bulls have been able to establish higher lows, while also guarding […]
2020-8-21 21:00 | |
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Coinspeaker Why Banks Are the Key to Crypto Adoption in the United StatesWhile countries are recognizing cryptocurrencies as legitimate forms of currency, it seems that the future of crypto adoption has never been brighter.
2020-8-3 13:18 | |
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Bitcoin price this week exploded through resistance at $10,000 and blasted to a high of $11,400. The cryptocurrency is now consolidating below that level, gearing up for what one crypto analyst expects to be a follow up nearly one and a half times the size of this week’s rally.
2020-8-1 20:00 | |
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A common narrative that has cropped up in the crypto space is that Bitcoin is just tracing the price action of the stock market. In June, a team of analysts at Wall Street bank JP Morgan said that since March’s crash, “Cryptocurrencies have traded more like risky assets like equities—a significant change relative to the prior couple of years.
2020-7-16 13:00 | |
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Bitcoin Dice is one of the most popular crypto gambling games, and even though these games are fairly simple, they are one of the most customizable forms of betting you can play with cryptocurrency.
2020-6-24 19:03 | |
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Ethereum, like Bitcoin, has been able to recapture its previous trading range and put some serious distance between its current price and its recent lows The crypto market has been able to see a swift recovery from the overt weakness seen yesterday This, to many bulls, seemed to confirm that the market is well poised to see further upside in the days and weeks ahead In the case of Ethereum, the crypto now appears to […]
2020-6-17 23:00 | |
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Bitcoin has posted some mixed price action as of late, offering few insights into the strength of its current market structure Analysts do believe that the recent price action following its latest rejection at $10,000 struck a blow to its underlying strength This may be causing the benchmark crypto to form a clear top formation that suggests a violent downturn is imminent This weakness could also be compounded by the recent break below a key […]
2020-6-15 22:00 | |
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An overnight decline seen by the aggregated crypto market appears to have bolstered the possibility that Ethereum is forming a potent head and shoulders (H&S) pattern This comes as analysts note that they foresee its recent highs to mark a local top It is important to note that there is one upcoming event that could be a catalyst for further bullishness One trader believes this event will help ETH establish a mid-term uptrend in the […]
2020-6-6 23:00 | |
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Blockchains are flexible new forms of public infrastructure, says Michael Casey. Plus: with China rushing in, Africa is a prime battleground for the future of money.
2020-5-31 20:01 | |
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Initial Coin Offerings (ICOs) and Initial Exchange Offerings (IEOs) are both forms of crowdfunding that use crypto assets. In more traditional fundraising such as venture capital, a small number of people would provide large amounts of money.
2020-5-21 04:00 | |
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Leading cryptocurrency tax software firm TaxBit simplifies the process of filing taxes to just a few clicks for cryptocurrency traders. TaxBit offers cryptocurrency holders and investors a slew of robust services including the easy calculation of profits, losses, tax liabilities, and generation of IRS-compliant tax forms, to make crypto trading a pleasant experience for traders.
2020-4-25 11:49 | |
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OKEx has come a long way. From claims about fake trading volume to initiating socialized losses, it hasn’t always been an easy ride. Yet the young company’s slogan “it’s OK to be bold” forms its very ethos.
2020-3-19 20:00 | |
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Uphold, a multi-currency wallet that makes it possible for users to move, convert, hold and transact in cryptos and other forms of money or commodities including gold, has announced the launch of its multi-asset account and debit card.
2020-3-7 22:00 | |
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With cryptocurrencies like Bitcoin gaining in adoption and mainstream recognition, the IRS has added measures to ensure that crypto traders pay their fair share of taxes this tax season. With over a mThe post Cryptocurrency users failing to file AML forms may face trouble this tax season appeared first on AMBCrypto.
2020-3-2 23:00 | |
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Privacy is a right, not a privilege. This idea more or less forms the basis of the crypto space. Privacy coins like Monero and ZCash are doing their bit to keep up with the concept. Decentralized AnThe post DAPS coin: a new privacy platform bringing complete anonymity to the industry appeared first on AMBCrypto.
2020-2-3 17:15 | |
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Researchers at Deutsche Bank say cash will not become obsolete in the near future even with the growing pivot towards cryptos and other forms of digital currencies. Crypto Hasn’t Accelerated the End of the Cash Era In a January 2020 report published by Deutsche Bank researchers argued that despite the popularity of cryptos and the apparent war on cash payments by some countries, the end of the cash era isn’t near.
2020-1-27 17:00 | |
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CoinBene, a global cryptocurrency, and bitcoin exchange company, announced it has signed a strategic cooperation agreement with DLT Capital. The two parties will cooperate closely on exchange promotion, and community building.
2020-1-20 15:33 | |
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| Analogue Notcoin - TapSwap |
Полиция Флориды задержала человека, известного в криптосообществе под псевдонимом BitСoin Rodney. Он обвиняется в продвижении проекта HyperVerse среди граждан США и хищении средств вкладчиков с помощью фиктивной инвестиционной схемы.
Под занавес 2023 года Налоговое управление США (IRS, Internal Revenue Service) опубликовало отчет, где рассказало о десяти крупнейших раскрытых случаях скама, раскрытых за уходящий год. Четыре оказались связаны с криптовалютами.
The Internal Revenue Service Criminal Investigation unit (IRS-CI) reported involvement in a greater proportion of crypto investigations on Dec 4. In a statement to Bloomberg, IRS-CI chief Jim Lee said that about half of all active investigations into digital assets over the past year have involved tax issues.
Some sectors of the crypto industry were excited (and/or confused) by an apparent BlackRock XRP Trust filing in the state of Delaware, suggesting the massive asset manager may try to launch an XRP exchange-traded fund (ETF) after applying to launch bitcoin and ether ETFs. But, this filing was "false."
Coinbase's tax leader has requested the IRS to reconsider its proposed cryptocurrency tax guidelines.
The crypto advocacy group’s suggestions included a de minimis exemption for crypto transactions and having the IRS provide guidance on block rewards, airdrops and hard forks.
The Internal Revenue Service (IRS) has recently issued a ruling stating that United States cryptocurrency investors who receive rewards from staking services are required to include the value of those rewards in their gross income.