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Bitcoin investors could profit from the new IRS guidance
While cryptocurrency regulation has been in the grey area for a long time in several countries including the United States, another big question that has been left unanswered is crypto-taxation. Now, The post Bitcoin investors could profit from the new IRS guidance appeared first on AMBCrypto. дальше »
2020-1-16 19:00 | |
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Bitcoin the Answer to Monetary Debasement?
As central bankers around the world get set for a prolonged period of monetary debasement, the 99% could look to Bitcoin for protection. A Decade of Monetary Debasement Looms The European Central Bank issued guidance at the end of last year that it would keep “the key ECB interest rates to remain at their present […] The post Bitcoin the Answer to Monetary Debasement? appeared first on Crypto Briefing. дальше »
2020-1-7 09:23 | |
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UK Officials Introduce Streamlined Cryptocurrency Taxation Guidelines
The current legal status of Bitcoin is difficult to gauge in the United Kingdom. A new taxation guidance update shows there is still some confusion to be cleared up. At this time, cryptocurrencies are neither currencies nor securities. дальше »
2019-11-5 22:30 | |
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UK's new crypto-tax guidance refuses to recognize Bitcoin as money
With a surge in the popularity of cryptocurrencies, regulatory authorities from across the globe have been renewing their laws pertaining to cryptocurrencies. The United Kingdom is the latest to do soThe post UK's new crypto-tax guidance refuses to recognize Bitcoin as money appeared first on AMBCrypto. дальше »
2019-11-4 09:32 | |
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New IRS guidance says Bitcoin forks and airdrops are taxable events
The IRS has issued official guidance to help taxpayers understand their cryptocurrency obligations relating to hard fork and airdrop events. дальше »
2019-10-17 20:45 | |
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5,200 Tobacco Shops in France Now Sell Bitcoin
Bitcoin can now be purchased at 5,200 tobacco shops in France. Fintech startup Keplerk launched the service on Oct. 10 after halting it for many months. France’s 24,000 licensed tobacco shops have diversified into non-tobacco products to boost revenue. дальше »
2019-10-11 18:40 | |
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IRS Releases Tax Guidance on Hard Forks and Airdrops
The IRS has attempted to add tax clarity for cryptocurrencies following hard forks and airdrops but questions remain. The post IRS Releases Tax Guidance on Hard Forks and Airdrops appeared first on Bitcoin Magazine. дальше »
2019-10-11 19:10 | |
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IRS Offers Fresh Guidance for Cryptocurrency Holders
The IRS has released its first cryptocurrency taxation guidance since 2014, when it ruled that all virtual currencies are property and taxed as such. According to Bloomberg, several notable accountants and lawyers see this is a great move, as it gives investors more clarity and paves the way for reasonable regulation, October 9, 2019. дальше »
2019-10-10 17:00 | |
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Министерство по налогам США рассказало о сборах с Bitcoin. Рекомендации чиновников вызвали вопросы
Министерство по налогам США опубликовало рекомендации относительно того, как уплачивать налоги при предпринимательской деятельности, имеющей отношение к криптовалютам. Получилась «каша», о чем заявил юрист по судебным тяжбам, связанным с криптовалютами, в Вашингтоне, Джейк Червински. дальше »
2019-10-10 15:10 | |
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IRS Issues New Crypto Tax Guidance – Experts Weigh In
The U. S. Internal Revenue Service (IRS) has issued long-awaited guidance on the tax treatment of cryptocurrencies. It is generally described by the crypto community as a mixed bag since some parts are useful while others have raised many more questions, particularly how cryptocurrencies from hard forks and airdrops are taxed. дальше »
2019-10-10 09:30 | |
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IRS Issues New Crypto Tax Guidance After 5 Years – Experts Weigh In
The U. S. Internal Revenue Service (IRS) has issued long-awaited guidance on the tax treatment of cryptocurrencies. It is generally described by the crypto community as a mixed bag since some parts are useful while others have raised many more questions, particularly how cryptocurrencies from hard forks and airdrops are taxed. дальше »
2019-10-10 09:30 | |
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Hong Kong Issues Rules for Crypto Asset Managers
The Securities and Futures Commission of Hong Kong released guidance for crypto asset fund managers, demonstrating openness toward cryptocurrencies. The post Hong Kong Issues Rules for Crypto Asset Managers appeared first on Bitcoin Magazine. дальше »
2019-10-9 18:28 | |
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Swiss Regulator Issues Guidance on Libra and Stablecoins
According to a notification issued by FINMA, the regulator has confirmed that stablecoins will be treated just like any other blockchain-based token in Switzerland, September 11, 2019. The Libra Association requested FINMA to disclose how the network would be treated, and the regulator has stated that Libra will be classified as financial infrastructure. дальше »
2019-9-12 23:00 | |
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Netki Adapts TransactID Into Fits-All Solution for FATF Travel Rule Guidance
As cryptocurrency service providers rush to find solutions for the FATF travel rule guidance, they may already have a ready-to-deploy solution from Netki. The post Netki Adapts TransactID Into Fits-All Solution for FATF Travel Rule Guidance appeared first on Bitcoin Magazine. дальше »
2019-9-10 22:44 | |
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Swiss Regulator Issues Guidance for Blockchain and Cryptocurrency
FINMA, the financial market regulator in Switzerland, has released a guide in line with FATF rules in order to target KYC/AML compliance for blockchain payments companies and cryptocurrencies. Any party that transacts in cryptocurrencies or transmits money over the blockchain is liable to comply with existing money laundering regulation in Switzerland, August 26, 2019. дальше »
2019-8-27 01:00 | |
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Around The Block With Jeff And Dave – August 12, 2019
China introduces its own cryptocurrency right after posting positive guidance for Bitcoin, will it be more successful than Facebook Libra? India Bans Bitcoin (again). When can India learn from China’s earlier mistakes? Texas State Security Board issues guidance for bitcoin. дальше »
2019-8-12 18:33 | |
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New Zealand Is A Good Place To Be Paid In Bitcoin
The New Zealand Tax Department has just issued guidance on salary payments made in Bitcoin and other cryptocurrency. This confirms that such payments are entirely within the law, and clarifies how to deal with them in accounting. дальше »
2019-8-12 16:00 | |
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Texas: Security Commission Files Against Crypto Scam, Offers Guidance for Cryptocurrency Investors
According to a Texas State Security Board announcement dated August 7, a cease and desist order has been filed against a New York-based company who was promising improbable returns to investors through its unlicensed platform which dealt with forex and securities trading, as well as cryptocurrency investing. дальше »
2019-8-9 11:24 | |
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Ethereum Classic Labs unveils program to launch new projects on ETC blockchain
CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceEthereum Classic Labs, an organization with the aim to advance the development, utilization, and adoption of Ethereum Classic, today unveiled ‘Studio’, a program to support the launch of new projects and use cases on Ethereum Classic. дальше »
2019-8-8 19:41 | |
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U.K.: FCA Issues Final Guidelines on Crypto Regulation
On July 31, 2019, the Financial Conduct Authority (FCA), UK’s Cryptoassets Taskforce issued a Final Guidance on the type of cryptocurrencies that fall under its regulatory parameters in a bid to help crypto market participants better understand whether they are subject to its rules and requirements. дальше »
2019-8-2 19:00 | |
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UK Regulator Officially Issued Guidance on Bitcoin and Crypto Assets, Specifically for Security Tokens
The United Kingdom was working to find some clarity on their cryptocurrency policies through the last year, which they promised to deliver. The financial watchdog in the UK, the Financial Conduct Authority (FCA) has now published a report to update the public on the state of the cryptocurrency industry within the UK, according to The […] дальше »
2019-7-31 22:35 | |
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UK Finance Watchdog Issues Guidance on Regulation for Bitcoin and Crypto Assets
The U.K.'s Financial Conduct Authority has finalized its guidance on crypto assets following a consultation which began in January. дальше »
2019-7-31 13:00 | |
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SEC Releases Update on Digital Asset Custody Findings
The U. S. SEC, with guidance from FINRA, has offered an update on the current situation of custodial solutions with broker-dealers in an official release. The update offers clarity on how custodial and non-custodial solutions are going to be treated and the various benefits and drawbacks that apply to each of these, July 8, 2019. дальше »
2019-7-10 09:00 | |
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IT Enthusiast Mines Bitcoin With an Apollo Guidance Computer
Mining cryptocurrencies often requires a lot of dedicated hardware. Even where most altcoins are concerned, it is not just a matter of turning on one’s computer to make money. Interestingly enough, it seems an Apollo Guidance Computer is more than capable of mining Bitcoin. дальше »
2019-7-10 05:00 | |
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Впервые биткоин был добыт с помощью 52-летнего компьютера
Американский IT-специалист Кен Шерифф впервые в истории смог добыть монеты Bitcoin (BTC) с помощью компьютера, чей возраст превышает 50 лет. Вычислительную работу проделало 52-летнее устройство модели Apollo Guidance Computer (AGC ), сообщают отраслевые СМИ. дальше »
2019-7-10 20:39 | |
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Using The Apollo Guidance Computer (AGC) It Will Take a Billion Times The Age Of The Universe to Mine a Single Bitcoin (BTC) Block
Ken Sheriff, an expert in early computers, has been restoring the Apollo Guidance Computer (AGC), the guidance system used in the 60's by NASA to put a man on the moon. Sheriff also programed the AGC to process Bitcoin (BTC) code, however, he concluded that the time required to mine a single Bitcoin block using […] дальше »
2019-7-9 17:17 | |
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Using Most Advanced Computer of the ’60s It’d Take a Billion Times the Age of the Universe to Mine a Bitcoin Block
An early computing expert has been restoring the guidance system used by NASA to land a man on the moon in the 1960s. Ken Sheriff has also programmed the machine to run Bitcoin code but says it would take an insanely long time to mine a single Bitcoin block using the once-high tech hardware. дальше »
2019-7-9 00:00 | |
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How to Keep Bitcoin Cash Transactions Private
There are many reasons to keep bitcoin cash transactions private and the top six ways to make them anonymous are outlined in a new video by Bitcoin. com. Meanwhile, the Financial Action Task Force has just released its global guidance for crypto assets, effectively calling on countries and crypto exchanges to strengthen their KYC measures. дальше »
2019-6-28 05:30 | |
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Node40 Executive Explains What to Expect When the IRS Issues Its New Crypto Policy
Last May, the U. S. Internal Revenue Service (IRS) revealed it would be issuing new tax guidance and rules about the tax treatment of digital assets and forks. IRS Commissioner Charles Rettig told congressional leaders that the agency has made it a priority to issue crypto-related tax guidance. дальше »
2019-6-27 01:10 | |
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FATF Releases Global Standards for Crypto Assets
The Financial Action Task Force adopted its new rules on crypto assets and published its updated Guidance on Virtual Assets and Virtual Asset Service Providers Friday. Under these new measures, crypto service providers will be required to implement the same requirements as traditional financial institutions. дальше »
2019-6-22 08:57 | |
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These Are 2019’s Biggest Cryptocurrency Winners and Losers so Far
The second quarter of 2019 is coming to an end and for those who invested in cryptocurrencies this year, market prices are a whole lot higher than they were a year prior. Since the significant lows in December 2018, most digital currencies have captured remarkable gains. дальше »
2019-6-21 22:15 | |
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Policymakers Meet to Finalize Global Crypto Guidance – A Look at Standards G20 Supports
The Financial Action Task Force has kicked off its meeting to discuss global cryptocurrency regulations which the G20 countries have committed to follow. Meanwhile, the crypto industry has raised concerns regarding some recommendations, and a meeting has been set up to coincide with the G20 summit to influence policymakers. дальше »
2019-6-18 07:05 | |
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Bitcoin Tax Evaders Will Be Criminally Prosecuted, Warns IRS Agent
By CCN Markets: The IRS will soon hunt down bitcoin users who don’t pay taxes by criminally prosecuting them en masse. That’s the prediction of IRS tax investigator Gary Alford, who says the agency is ready to clamp down on crypto tax evaders. дальше »
2019-6-14 15:51 | |
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Tightened Identity Regulations Could Spell Trouble for Crypto Exchanges
The Financial Action Task Force (FATF) is set to release new rules and guidelines regarding the cryptocurrency market. Per a report on Bloomberg on June 11, 2019, the upgraded guidance seeks to apply bank rules to the innovative sector. дальше »
2019-6-12 11:00 | |
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IRS Set to Introduce Clear-cut Cryptocurrency Tax Rules
The IRS appears to have listened to concerns raised by various parties concerning clear cryptocurrency guidelines. As Coincenter reports, the tax administrator responded to a letter by a bi-partisan group of the U. дальше »
2019-5-24 20:29 | |
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Zuckbucks or Bust: How SEC Rulemaking Hurts Startup Cryptos and Favors Big Tech
SEC guidance has created a more attractive environment for regulated tech firms like Facebook to offer proprietary cryptoassets integrated into their existing products that can be legally traded on existing crypto-exchanges as non-securities. дальше »
2019-5-23 10:44 | |
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IRS Commissioner Makes Crypto Tax Clarity a Priority
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. дальше »
2019-5-21 20:54 | |
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IRS Plans to Issue Guidance on Virtual Currency Taxation
Internal Revenue Service (IRS) commissioner Charles Rettig has explained to U. S. representatives that the tax department plans to issue clearer guidance toward cryptocurrency taxation soon. Since 2014, Americans have been asking the tax agency for better clarification in regard to official tax guidelines. дальше »
2019-5-21 18:20 | |
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NY Post Highlights Early Bitcoin Adopter Charlie Shrem and His Smoking-Hot Crypto Story to Be
Charlie Shrem is a name that will live in infamy as the man who duped the Winklevoss brothers, Cameron and Tyler. Most people know the brothers for their famous feud with the creator of Facebook, but Shrem knows them as the two individuals who looked to him for guidance in the Bitcoin world. After all, […] дальше »
2019-5-19 16:57 | |
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Minnesota Representative to Reintroduce Hard Fork Tax Reform Bill
Minnesota Congressional Representative Tom Emmer has announced plans to reintroduce a bill meant to “provide temporary safe harbor for the tax treatment of hard forks of convertible virtual currency in the absence of administrative guidance. дальше »
2019-5-17 18:34 | |
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Despite Industry Pushback, G20 May Impose Stricter KYC Policy on Exchanges
It looks as if cryptocurrency service providers will have to adopt stricter know-your-customer (KYC) policies all across the world — and not everyone is happy about that. дальше »
2019-5-13 21:33 | |
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FinCEN Issues Clear Guidance to Money Services Businesses (MSBs)
To serve as a reminder to persons who have the Bank Secrecy Act (BSA) obligations, the U. S. Financial Crimes Enforcement Network (FinCEN) on May 9, 2019, issued interpretive guidance. The guidance focuses on how FinCEN money services businesses (MSBs) regulations apply to certain ventures that deal with money transmission whose value is not denominated inRead MoreRead More. дальше »
2019-5-13 20:00 | |
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