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US Congress to Consider Cryptocurrency Act in 2020

The U. S. cryptocurrency scene might be on the way to seeing clear cut crypto regulations as Congress prepares to consider a new bill detailing modalities for digital asset oversight. Clear Definition for Digital Assets According to Forbes, the proposed bill titled ‘Cryptocurrency Act of 2020’ seeks to provide a clear framework for crypto regulations in the U. дальше »

2019-12-20 15:00


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How to Navigate the Minefield of Cryptocurrency Taxation

National tax agencies have recently made it clear that the long arms of the law will be wielded to ensure bitcoiners pay the appropriate tax on their earnings. Motivated by surging interest in crypto, authorities are cracking the whip and instilling fear in those who have, until now, dismissed the notion that they might be […] The post How to Navigate the Minefield of Cryptocurrency Taxation appeared first on Bitcoin News. дальше »

2019-11-23 02:00


IRS Says Like-Kind Tax Exemption Does Not Apply to Crypto Transactions, Nor Did It Before 2018

An IRS official has said that taxpayers can’t defer taxes on cryptocurrency exchanges, not even for pre-2018 transactions. Things have been clear up until now: taxpayers can’t make like-kind exchanges when it comes to cryptocurrency trades that took place in 2018, as a result of the previous year’s tax overhaul. Like-kind exchanges are allowing taxpayers […] дальше »

2019-11-15 23:56


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China’s Central Bank Promotes Blockchain Utility

China’s central bank and financial regulator, the People’s Bank of China (PBoC) has endorsed the revolutionary distributed ledger technology (DLT). The apex bank has made it clear that blockchain tech has real use cases in the financial sector, as it significantly reduces the risks involved in trade finance, reports Reuters on November 6, 2019. дальше »

2019-11-7 14:00


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Maltese Financial Regulators Warns Investors of New Bitcoin Ponzi Scheme

Maltese financial regulator, the Malta Financial Services Authority (MFSA), has made it clear to residents that “Bitcoin Future,” a new Bitcoin Ponzi scheme that claims to be endorsed by popular celebrities and regulators, is a fake investment platform and has not been licensed by the MFSA, according to a press release on October 31, 2019. дальше »

2019-11-1 22:00


BCSC Investor Alert: Steer Clear of Cloud Token and WoToken Cryptocurrency “Smart Wallets”

The British Columbia Securities Commission (BCSC) issued an investor alert on 2nd October, 2019 against two cryptocurrency smart wallet apps – WoToken Wallet and Cloud Token Wallet. These platforms – both tied to Canada – purportedly store a person’s crypto-assets and earn money for the depositors. дальше »

2019-10-24 09:09


WATCH: Zuckerberg’s LIVE testimony on Facebook’s cryptocurrency venture Libra

The social media giant, Facebook is poised to set a clear footing into the cryptocurrency market as Mark Zuckerberg faces Congress on all things Libra and advertising policies. This hearing marks an important foothold for Facebook’s digital currency dream as both the firm and its project have been under the regulatory scrutiny since the announcement […] The post WATCH: Zuckerberg’s LIVE testimony on Facebook’s cryptocurrency venture Libra appeared first on AMBCrypto. дальше »

2019-10-23 18:03


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Kin Cryptocurrency Will Integrate Into Kik Messenger (And 27 Other Apps)

Following much speculation over the fate of the once-popular messaging app, it is finally clear now that Kik Messenger won’t be discontinued — at least not in the immediate future. The clarification comes weeks after Kik Interactive stated that it was shutting down the messaging app to focus entirely on the company’s maiden venture into […] The post Kin Cryptocurrency Will Integrate Into Kik Messenger (And 27 Other Apps) appeared first on BeInCrypto. дальше »

2019-10-20 08:18


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Libra in Danger After Mastercard, Visa, eBay, and Stripe Ditch Facebook Cryptocurrency Project

The development of Libra has taken a blow after four online giants bowed out of the Libra Association. Stripe and Visa are moving away from the project to focus on their own core operations, but they’ve kept the door open for a possible return if regulatory headwinds clear,  as reported by CNBC, October 11, 2019. дальше »

2019-10-14 13:13


K.im is a payments system aimed at driving mass adoption of cryptocurrency, claims Kim Dotcom

With Kim Dotcom’s entry into the cryptocurrency landscape, seasoned entrepreneurs have taken notice of the initiative given his previous businesses, the most prominent being Megaupload. In this light, Bitfinex exchange conducted an AMA with the infamous technologist to clear some of the details of Dotcom’s latest initiative, K. дальше »

2019-9-26 19:30


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PayPal Cautiously Believes in Libra’s Potential Despite Regulatory Concerns 

Paypal, an American centralized payments services company has made it clear that it firmly believes in the potential of the social media giant’s global cryptocurrency project despite the intense scrutiny of governments and central banks on Libra, as well as the regulatory bottlenecks surrounding the cryptoasset, according to a Channelnewsasia report on September 14, 2019. дальше »

2019-9-16 12:20


Jack Dorsey Rejects Twitter Crypto Concept to Passionately Back Bitcoin

As Facebook's Mark Zuckerberg faces a firestorm of criticism for his Libra project, another prominent social media billionaire is staying on the side-lines. Jack Dorsey made it very clear in an interview with the Sydney Morning Herald that he has no plans to launch a Twitter cryptocurrency, instead preferring to advocate for Bitcoin as the […] The post Jack Dorsey Rejects Twitter Crypto Concept to Passionately Back Bitcoin appeared first on CCN Markets дальше »

2019-9-5 20:26


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Mike Pompeo Buttresses the need for Amenable Bitcoin Regulations

In an interview with CNBC’s Squawk Box on August 2019, United States Secretary of State Mike Pompeo has made it clear that the U. S. must regulate bitcoin and altcoins just like other digital payment systems and electronic financial transactions in the state, to make it harder for bad actors to use them in aiding theirRead MoreRead More. дальше »

2019-8-22 21:00


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Small Nations Attracting Crypto Startups with Amenable Regulations 

While large nations like the United States, the United Kingdom, and others are still sitting on the fence in terms of cryptocurrency regulations, smaller nations such as Malta, Belarus, Bahrain, and others have implemented clear cut guidelines for bitcoin-linked businesses, making these regions a hotbed for startups, reports Reuters on July 29, 2019. дальше »

2019-7-30 23:00