2019-9-23 12:35 |
Cryptocurrencies like Bitcoin are neither financial assets nor legal tender, says the International Financial Reporting Interpretations Committee
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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Absolute scarcity isn’t Bitcoin’s only value proposition. Enabling users to unilaterally control their financial lives is priceless. The ninth installment of 10 Steps to Self-Sovereignty powered by Ledger.
2024-5-7 18:58 | |
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Bitcoin (BTC) is increasingly serving as a critical channel for cross-border financial flows amid global financial instability, according to a new report by the International Monetary Fund (IMF). The report — called “A Primer on Bitcoin Cross-Border Flows” — sheds light on how the decentralized nature of Bitcoin is being leveraged to bypass traditional banking […] The post IMF says Bitcoin has become necessary financial tool for preserving wealth amid financial instability appeared first on CryptoSlate.
2024-4-19 03:54 | |
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A reminder that Bitcoin was designed to give people access to financial services, and not simply enrich early adopters.
2024-4-17 19:30 | |
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Cetera Financial Group, a leading financial advisor Wealth Hub, has officially announced its endorsement of four spot Bitcoin Exchange-Traded Funds (ETFs). This approval paves the way for its network of financial professionals to incorporate these cryptocurrency funds into their clients’ portfolios.
2024-3-16 21:00 | |
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TLDR Following a thunderous December, Bitcoin (BTC) has now become a top-ten financial asset in the world. After breaking the $40,000 barrier over the weekend, it is now trading above $44,000. Its staggering 150% increase since the start of the year makes it the most remarkable financial performance.
2023-12-10 22:00 | |
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Top crypto entrepreneur warns: 'Brutal financial crisis looms, get your Bitcoin and get out!'
2023-5-9 17:06 | |
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Bitcoin (BTC) mining firm Hut 8’s financial statements for 2022 showed that the miner earned less revenue despite its higher productivity levels, according to a March 9 statement. The post Bitcoin miner Hut 8’s shares fall 9% after 2022 financial report appeared first on CryptoSlate.
2023-3-9 22:16 | |
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Bitcoin offers financial opportunities that have been explicitly taken from Africans in recent history.
2022-11-30 06:06 | |
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There are various initiatives designed to empower Africans to educate themselves on Bitcoin and exercise their own financial sovereignty.
2022-10-22 03:14 | |
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The traditional financial system and fiat currencies have been operating for almost 100 years without challenge until the launch of Bitcoin in 2009. The cryptocurrency prompted a financial revolution with implications yet to come and a new era of independence for individuals.
2022-9-10 11:49 | |
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Financial representatives of 44 countries visited El Salvador and saw firsthand how the country’s Bitcoin adoption is changing it for the better.
2022-5-26 16:26 | |
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Bitcoin has proven its most potent use case as a permissionless financial rail for supporting the Canadian trucker protest.
2022-2-22 16:54 | |
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Bitcoin has been named the best investment asset of the last decade. Arguably a direct product of the financial crisis of 2007 and 2008, BTC represents the opposite of the fiat standard: it is transparency, openness, inclusion, and possibly the foundation stone of a new financial system in a world without bailouts. In terms of […]
2021-7-1 19:30 | |
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The People’s Bank of China summoned financial institutions to reinforce that no Chinese citizen can make bitcoin transactions.
2021-6-22 18:27 | |
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The International Monetary Fund has become the first major financial gatekeeper to reference the recent move by El Salvador to legalize Bitcoin. Several figures in the legacy financial space continue to espouse anti-crypto sentiments even as the market becomes more popular.
2021-6-11 09:00 | |
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Bitcoin may not make the current monetary and financial system extinct, although its usage will likely vary depending on one’s location.
2021-5-28 20:00 | |
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The One Bequia development is bringing Bitcoin to the Caribbean, a place that is grossly underserved by international financial institutions.
2021-5-11 16:01 | |
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Fintech is the long-term story for COVID-19 related financial developments, not Bitcoin, JP Morgan analysts. The post JPMorgan Chooses ‘Fintech Over Bitcoin’ As the Real Financial Game Changer during Global Pandemic first appeared on BitcoinExchangeGuide.
2021-2-23 23:00 | |
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On this special holiday episode of "On Purpose," host Tyrone Ross breaks down his viewpoint on the abuse financial advisers are receiving for missing the boat on bitcoin.
2020-12-17 18:30 | |
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Bitcoin investor Jim Harper has sued the U. S. Internal Revenue Service (IRS), its commissioner, and a number of federal agents. He alleged that they unlawfully seized his private financial information from three cryptocurrency exchanges.
2020-7-17 21:14 | |
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During times of financial crises, people have often been on the lookout for better financial systems. Bitcoin and cryptocurrencies might be one such financial system that people can opt for during an The post Bitcoin can emerge as a disciplinary force for 'weak governance states' appeared first on AMBCrypto.
2020-5-5 12:30 | |
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The COVID-19 pandemic and the resulting global crisis has affected all aspects of day to day life. A year that was looked at with a lot of anticipation by the crypto-community turned into a case studyThe post Bitcoin may be an 'amplifier of contagion' in times of serious financial disruption appeared first on AMBCrypto.
2020-5-2 20:30 | |
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Mass protests in Lebanon, which began as a demonstration over tax proposals, have since escalated into a full-blown financial crisis. As such, Bitcoin, and other decentralized cryptocurrencies, demonstrate, once again, the importance of financial sovereignty.
2020-1-27 16:11 | |
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The financial industry is currently seeking to integrate the new financial technology with the traditional financial tech. Bitcoin is among the cryptocurrencies that serve as a digital asset globally.
2019-12-1 21:58 | |
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Bitcoin (BTC) will most likely perform better than the S&P 500 stock index, believe nearly half of the 350 financial professionals polled by Chainalysis. Volatility Undermines Gains Potential Despite short-term volatility, Bitcoin will be the most promising asset class in the coming year, believe financial experts in a Chainalysis poll.
2019-11-13 14:48 | |
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The UK’s financial regulator, the Financial Conduct Authority says it will not regulate Bitcoin or Ethereum - viewing them as ‘decentralized tokens used as a means of exchange’ and therefore outside its regulatory scope.
2019-8-2 21:00 | |
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Con artists will try anything to make their schemes appear legitimate to unwitting victims. In a recent email doing the rounds to financial advisors, scammers have been impersonating the UK‘s Financial Conduct Authority (FCA) luring victims into a trap with Bitcoin.
2019-7-23 11:12 | |
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For years, financial bigwigs have criticized cryptocurrencies such as Bitcoin, while often lauding its underlying blockchain technology. At times, their negative comments about cryptocurrency have been followed by their institution’s active interest in decentralized ledger technology – with some going as far as filing cryptocurrency-related patents and launching blockchain-based pilots.
2019-2-27 12:11 | |
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A financial professional paid $10 to his bank for making more than six saving withdrawals. Later, he admitted that using Bitcoin could have been cheaper. Short the Bankers Pat Chirchirillo, a financial advisor at Philadelphia-based McAdam Financial, found a 3,233% different between the cost of withdrawals in banks and Bitcoin.
2019-1-31 03:00 | |
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New York based cryptocurrency exchange Gemini is taking new strides into institutional crypto investing. The exchange has partnered with institutional investor trading platform Omniex to allow better-investing solution for larger investors.
2018-10-12 17:49 | |
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Yesterday, October 11th 2018, you may have heard of a little bit of a crash that occurred in the markets, seeing Bitcoin significantly dropping below the $6,500 mark. The third biggest digital currency saw a big change too as it moved from $0.
2018-10-12 13:00 | |
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The digital currency ETF is a big part of the debate in a recent Bloomberg interview which had JP Morgan’s Asset Management Head of International ETFs, Bryson Lake on the panel. The interview looked at how JP Morgan believes in the latest mover advantage in terms of the digital currency market and ETFs.
2018-10-12 12:00 | |
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Bitcoin got the ball rolling for the cryptocurrency market and the industry that surrounds it. In terms of technology, the creator of Bitcoin was a genius and was well set to radically change the financial market and the way it works.
2018-10-12 09:42 | |
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Kubitx, a Pan-African financial technology startup registered in Malta, announced the beta launch of its new cryptocurrency exchange on Thursday. The platform, which supports seven digital coins for the test, including BCH and BTC, will initially be available to users in Nigeria, before the company expands it to other African countries in the coming months.
2018-10-12 00:30 | |
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“Bringing a complex and fast evolving area like cryptocurrencies into a regulatory framework is going to be a difficult and lengthy process. ” Those were the words of James Kaufmann the Legal Director of a UK based law firm, RPC.
2018-10-12 23:31 | |
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The world of digital currencies and the world of gambling seem to be joining up. The benefits offered by currencies such as the market leader, Bitcoin isn’t an oversight. Winning Poker Network is one of the companies that is benefitting from supporting from the world of crypto over the past few years.
2018-10-12 23:00 | |
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Cryptocurrencies do not pose a threat to global financial stability, but the diverse range of national regulatory regimes throughout the world continues to complicate efforts to establish an international legislative framework overseeing their use, the Financial Stability Board says in a new report.
2018-10-11 22:30 | |
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It has been a busy week for Singapore as it relates to cryptocurrency. The city-state is set open the first fiat-crypto exchange in Southeast Asia, while the financial regulator has vowed to help crypto companies set up local bank accounts, according to media reports.
2018-10-11 18:30 | |
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The founder of Ethereum, Vitalik Buterin has just revealed how much Ethereum he actually owns. In a recent tweet, Buterin responds to accusations by an economist at NYU and crypto critic Nouriel Roubini (also known as Dr Doom) who has claimed that Buterin is a scammer and a thief.
2018-10-11 16:00 | |
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The market correction followed the IMF's report saying that the rapid growth of crypto assets can create new vulnerabilities in the global financial system. The post Bitcoin and Other Cryptos Enter Massive Correction, $16 Billion Market Cap Erased appeared first on CoinSpeaker.
2018-10-11 15:16 | |
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Digital currency businesses have seen several difficulties in securing banking services in the UK and now they have a new option. LBX has launched a new service which offers access to an account where customers can store, manage and transfer both their traditional currency and their holding of digital currency.
2018-10-11 13:30 | |
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The crypto world seems to be on a different planet to the regular banking world. The companies behind the various digital currencies and their products are almost out of a futuristic science fiction movie.
2018-10-11 13:00 | |
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Mize Network is committed to the creation of excellent, long-term financial results. To achieve this goal, it will integrate sustainability into its business model. The results of this success will be available to the clients and consultants.
2018-10-11 12:43 | |
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Ten years after the financial crisis of 2008, an artist known as Nelson Saiers has placed his latest artwork across the street from the New York Federal Reserve building in the financial district.
2018-10-11 05:20 | |
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In an effort to bring their members up to speed about the goings on in the financial world, the AARP has published a list of Wall Street definitions. Amongst the different terms defined by the U.
2018-10-11 02:15 | |
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A warning statement from the International Monetary Fund (IMF) ascertains the “rapid growth” of Bitcoin and other cryptocurrencies could create “new vulnerabilities” in the globe’s financial markets, as published in the IMF’s World Economic Outlook report on October 9, 2018.
2018-10-11 01:00 | |
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Although blockchain is still clearly in its early stages of adoption, it is becoming increasingly clear that the technology underpinning Bitcoin and cryptocurrency will ultimately affect the daily lives of all individuals.
2018-10-11 23:15 | |
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The global Financial Stability Board has released a report focusing on cryptocurrencies such a Bitcoin and Ether earlier today. During the document, the group stated that the fintech phenomenon does not yet pose a risk to financial stability, but careful monitoring of the space is required.
2018-10-11 22:15 | |
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The Liquid Network is up and running. More than a year after its conceptual introduction at the Blockchain Association of Canada's Government Forum in Ottawa, Blockstream’s bitcoin scaling solution made its public debut on October 10, 2018, after going live among its partners on September 27.
2018-10-11 20:44 | |
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The Australian Taxation Office (ATO) has asked cryptocurrency exchanges to provide the personal data and transaction details of up to 1.2 million accounts, according to reports.
Brazil's government proposes a bill to reform tax rules for financial investments and crypto assets, targeting tax havens with a 22.5% rate.
Indonesia’s crypto market faces a period of change and reassessment, as evidenced by falling tax revenue and planned regulatory shifts. While Bitcoin surged in value throughout 2023, the country’s crypto tax revenue plummeted by over 60% compared to the previous year, raising concerns about the effectiveness of the current tax regime. Related Reading: Former FTX, […]
Crypto is classified as a commodity in Indonesia and is subject to VAT and income tax.
The bill is awaiting presidential approval.
Spanish citizens must disclose crypto holdings exceeding 50,000 euros (about $55,000) held on foreign platforms for tax purposes starting January next year, according to an update from Spain’s Tax Administration Agency, Agencia Tributaria.
The crypto held in overseas accounts for about 70% of all assets held outside the country.