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Why Canada’s Crypto Industry is Threatened by Tax Rules
Canadian tax authorities’ approach to crypto-assets might discourage the country’s citizens from using digital assets, as things like double taxation remain an issue. While the US still struggles to bring regulatory clarity to the world of cryptocurrencies, its neighbor, Canada, currently faces taxation issues. дальше »
2019-12-24 11:30 | |
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Lawmakers Want Answers From IRS, Citing Major Issues With Crypto Tax Guidance
Eight lawmakers have sent a letter to the IRS seeking answers to new questions stemming from the latest crypto tax guidance. They pointed out a number of major issues including unwarranted tax liabilities for crypto users who unwillingly receive forked or airdropped coins. дальше »
2019-12-23 13:21 | |
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Why Quantum Computing’s Threat to Crypto May Be Further out Than Previously Thought
According to one researcher, quantum computing faces more hurdles than many realize when it comes to achieving viability in breaking encryption. In a recent report Dr. Subhash Kak, Regents Professor of Electrical and Computer Engineering at Oklahoma State University, notes that there are issues such as “noise” and error correction that render the buzz about […] The post Why Quantum Computing’s Threat to Crypto May Be Further out Than Previously Thought appeared first on Bitcoin News. дальше »
2019-12-22 12:15 | |
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Binance CEO Shares Thoughts on Privacy, Exchanges and Law Trickery
Coinspeaker Binance CEO Shares Thoughts on Privacy, Exchanges and Law TrickeryThe KYC, AML, and Wasabi wallet cause lots of uncertainty in the crypto exchange space. Changpeng Zhao shared his views on some of the common withdrawal issues in a blog post. дальше »
2019-12-21 21:28 | |
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Jake Chervinsky: I’m Surprised There Haven’t Been More Enforcement Actions This Year
Chervinsky, counsel at Compound, discusses crypto's regulatory issues and growing pains. дальше »
2019-12-18 18:00 | |
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Will China support crypto market? People’s Bank of China issues blockchain bonds
Despite numerous hostile measures regarding cryptocurrencies, People’s Bank of China can contribute to the development of the cryptocurrency market, and significantly. Bonds on the blockchain worth 20 billion yuan ($ 2. дальше »
2019-12-11 20:10 | |
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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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Bitcoin and Crypto Shouldn’t & Can’t Be Banned, Say Politicians: Why?
Bitcoin and crypto are finally entering the mainstream political discourse. The launch of Facebook’s Libra lit somewhat a fire under the rear of politicians the world over, mandating them, along with other economic and social commentators, to address the issues that the Silicon Valley-backed cryptocurrency could bring. дальше »
2019-7-31 14:00 | |
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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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Brazilian Govt. Official Believes Economic Reforms May Result in Crypto Based Tax Evasion
Economic conditions within Brazil are quite shaky — with the nation’s unemployment rate currently laying around the 12. 5% mark. Owing to its various economic issues, many experts believe that crypto enabled technologies will be able to draw in many investors from across Brazil. дальше »
2019-7-26 19:11 | |
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SEC issues no-action letter for Ethereum token “Quarters,” what it means for crypto
In a step forward for crypto regulation, the Securities Exchange Commission granted no-action relief to Pocketful of Quarters for its Ethereum ERC-20 token “Quarters”—assuring the startup that the Commission will not take enforcement action. дальше »
2019-7-26 10:51 | |
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Incent Loyalty Goes Live with over 5,000 Users
The platform enables everyday consumers to collect crypto rewards frictionlessly on every spend they make. Sydney-based fintech company Incent has launched its flagship product: a consumer rewards system that issues cryptocurrency to customers seamlessly in the course of their everyday spending. дальше »
2019-7-22 12:36 | |
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G7 Abuzz With Facebook's Libra Cryptocurrency Project
While financial chiefs around the world gathered to discuss the "serious difficulties" Facebook's Libra cryptocurrency may cause, the summit was also swirling with rumors that Japan was leading the development of a government-backed international crypto payments system meant to help tackle money laundering issues. дальше »
2019-7-18 18:58 | |
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‘Libra Is Screwed’: Industry Insiders Ring Death-Knell for Facebook’s Crypto
Blockstream chief strategy officer Samson Mow pulled no punches with Facebook’s much-hyped crypto, Libra. He is not the first industry insider to criticize the planned crypto launch, both industry experts and lawmakers are voicing concerns over the security of the open-source currency, and the potential censorship issues that come from the way it is being […] The post ‘Libra Is Screwed’: Industry Insiders Ring Death-Knell for Facebook’s Crypto appeared first on CCN Markets дальше »
2019-7-18 13:27 | |
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Analyst: Bitcoin Ban Extremely Unlikely Post-U.S. Treasury’s Comment
U. S. Treasury Secretary: Bitcoin, Crypto Are “National Security Issues” On Monday, the U. S. Treasury Secretary made it clear that he is aware of Bitcoin, cryptocurrencies, and Libra, especially in regards to what issues they pose. дальше »
2019-7-16 06:51 | |
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Here’s What Mnuchin Just Said About Libra & Bitcoin
Steven Mnuchin, the United States Secretary of the Treasury, just concluded an official briefing on crypto regulation and various security issues related to assets like bitcoin and Libra. Echoing the statement released by U. дальше »
2019-7-16 21:41 | |
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Unclear path in regulations a roadblock to crypto companies in US: Winklevoss twins
Cameron and Tyler Winklevoss have been influential in the crypto space over the last two decades. In a recent interview with Paul Vigna and Ben Mezrich, author of the book “Bitcoin Billionaires”, which is based on the Winklevoss twins, the iconic pair talked about their journey of understanding the virtual asset and how regulatory issues were […] The post Unclear path in regulations a roadblock to crypto companies in US: Winklevoss twins appeared first on AMBCrypto. дальше »
2019-7-15 00:30 | |
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Singapore to Exempt Bitcoin from Goods and Services Tax
The U. S. is increasingly running the risk of being left behind other nations unless its authorities soon address issues surrounding Bitcoin. One of the main problems facing the cryptocurrency is tax treatment. дальше »
2019-7-10 05:30 | |
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Tuur Demeester: Ethereum Is Getting More Centralized And Lacks Credibility
Co-founder of Adamant Capital, Tuur Demeester isn’t thrilled about Ethereum’s performance, and he hasn’t shied away from expressing his displeasure. In a Twitter post that has since attracted the attention of numerous crypto fans, Tuur points out a few of the issues that he considers thorny in Ethereum, one of them being centralization. дальше »
2019-7-9 12:19 | |
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US SEC and FINRA Issue Statement on Crypto Custody Issues
The U.S. SEC and FINRA issued a joint statement on compliance issues for cryptocurrency custodians
дальше »2019-7-9 00:55 | |
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Invstr CEO: Facebook Will Have Anticipated Regulatory Scrutiny Over Crypto Effort
The CEO of a social investment firm believes that Facebook will have anticipated regulatory scrutiny. Kerim Derhalli of Invstr says recent issues for the social media giant will have prepared it well to deal with lawmakers with regards the crypto asset project. дальше »
2019-7-4 02:00 | |
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SBI Virtual Currencies Agrees To Comply With FATF Crypto Compliance For Money Laundering, Terrorism
As per an a statement released by the CEO of SBI BITS — a unit of SBI Holdings — SBIVC will lay in complete accordance with the guidelines set forth by the Financial Action Task Force (FATF) in regards to issues such as money laundering and terrorism. Additionally, for those of our readers who may […] дальше »
2019-7-3 19:40 | |
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Bitcoin Continues Dominance, Ultimately Bringing Scalability Issues Into Focus
Bitcoin is currently enjoying another good run on the market, boasting an increase in market cap and total volume. While the cryptocurrency market as a whole is on the rise, Bitcoin continues to siphon business away from Altcoins. дальше »
2019-7-3 15:57 | |
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FATF Issues Draconian Crypto Recommendations: You Now Have 12 Months To Comply
The Financial Action Task Force (FATF) has issued a shot across the bow of the cryptocurrency industry, with interpretative notes and clarifications for virtual asset service providers (VASPs). The move comes a month after the task force warned in February that updates to its recommendations would be coming as early as this month. дальше »
2019-6-28 02:05 | |
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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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Crypto Could Help Save On Tax Payments As Rising Bitcoin Price Ushers In New Benefits
The topic of crypto and taxes is a tricky one because it combines two of the most complex issues in the financial world; the very volatile world of cryptocurrency and the also the very confusing world of taxation. дальше »
2019-6-24 21:02 | |
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Rep. Waters calls for a ‘moratorium’ on Facebook’s crypto development; hearing on July 16
Facebook’s tryst with privacy and security issues is no myth. Its new cryptocurrency Libra failed to reap a positive response from the US lawmakers. Adding to its woes, Democratic Rep. Maxine Waters called for a “moratorium” in the development of the corporate giant’s cryptocurrency project Libra. дальше »
2019-6-21 10:08 | |
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World’s Biggest Vessel Opens Gates for 2019 Coinsbank Blockchain Cruise
More than 1000 members of the crypto community gathered for the renowned blockchain conference from June 6th to 13th aboard the Oasis of the Seas in the Mediterrenean. Among the topics of discussion were market development, issues facing the industry, and regulations against the globalization of the blockchain system. дальше »
2019-6-20 08:30 | |
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Consumer Affairs Report Shows 70% Spike in Japanese Crypto Inquiries
Japan’s Consumer Affairs Agency (CAA) has released its 2019 report and noted a significant spike in inquiries concerning cryptocurrency related issues last year. The report details a 70% increase in 2018 in regard to consumer queries largely stemming from exchange issues. дальше »
2019-6-20 01:40 | |
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Facebook’s Crypto Libra Shouldn’t Become Sovereign Currency, Blasts French Finance Minister
By CCN Markets: Facebook’s unveiling of Libra, its cryptocurrency project coming in 2020, has caught the attention of many, including the French Finance Minister. Bruno Le Maire, speaking on French Radio, has said that this new cryptocurrency cannot operate as a sovereign currency. дальше »
2019-6-19 12:05 | |
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What Is A Blockchain Oracle?
Blockchain technology is ushering in a new wave of technological change that will replace the way we do things: how we manage our money; how we track goods in transit; how we record asset ownership. дальше »
2019-6-17 17:55 | |
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The Ecom Platform Born To Simplify Cryptocurrency Operations
Global adoption takes its course and continues to expand a new trend shift. In the age of data, privacy, and other Internet-related issues, we are witnessing a progressive crypto boom during 2019 that focuses on simplifying and expanding ecosystem services and applications. дальше »
2019-6-17 16:47 | |
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Korean Crypto Exchanges Update Terms to Accept Liability for Hacks
Five South Korean crypto exchanges have been forced to update their terms and conditions to accept liability for potential hacks and service issues. дальше »
2019-6-17 11:25 | |
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Russian Gold-Backed Crypto Slams the Global US Dollar Standard
By CCN Markets: Russia is continuing to explore the possibility of a gold-backed cryptocurrency for use as a cross-border settlement alternative with other countries. Under heavy sanctions from the US, the potential of a value-pegged cryptocurrency could help Russia escape from the usage of the Dollar as a currency standard. дальше »
2019-6-17 15:17 | |
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Litecoin’s Charlie Lee Thinks The Binance DEX Does Not Qualify To Be A Decentralized Exchange
In episode 20 of the Magical Crypto Friends, a show hosted by Charlie Lee, Samson Mow, WhalePanda and Riccardo Spagni, the four “magical crypto friends” discuss a range of issues including Ethereum 2. дальше »
2019-6-14 20:56 | |
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Bounty.Cash Pairs Projects With Developers Finding Solutions for BCH
Using bounties to seek solutions to various problems has proved to be a working approach for many projects in the crypto industry. Bounty. Cash is a platform that matches businesses and entrepreneurs with developers who are ready to solve issues with apps and features and get rewarded with bitcoin cash. дальше »
2019-6-14 16:02 | |
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Weiss Ratings Shows That EOS’s “Centralization Issues” Haven’t Kept It from Earning a Top Rating
This year has been incredibly kind to many crypto assets, especially for EOS. In this year alone, the token has risen by 400% in value, just counting the time since January. A new collaboration has even been announced by EOS. дальше »
2019-6-12 01:06 | |
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Weiss Ratings Downgrades Crypto Project EOS amidst Collusion Concerns
Weiss Ratings has downgraded their rating for EOS, citing concerns about centralization and the project’s lack of capability to fix these systemic issues, June 7, 2019. Cracking Down on EOS EOS has been the subject of intense debates within the crypto community. дальше »
2019-6-11 09:00 | |
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Crypto Platform Says It Aims to Solve Bitcoin Scalability Issue
A crypto project is trying to solve bitcoin scalability issues by increasing the block size limit. The new platform enables a higher speed of transactions per second and secures the blockchain from attacks #SPONSORED дальше »
2019-6-11 15:02 | |
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Weiss Crypto Ratings Drops EOS Over Centralization Concerns but Who Cares
By CCN Markets: Weiss Crypto Ratings on Friday announced that it is downgrading the technology score of EOS, a blockchain protocol developed and distributed by Block. one. The US-based economic research agency said EOS has “serious problems with centralization,” three months after it put the project among the top three blockchains alongside Ripple and Bitcoin. дальше »
2019-6-9 14:17 | |
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Bitcoin (BTC) Reject Lower Prices, IRS To Clarify On Basic Tax Issues
BTC bulls absorbing sell shocks IRS to clarify emerging concerns in their next update probably in Q3 2019 The IRS is set to issue another crypto tax guideline at a tentative time this year after five years of silence. дальше »
2019-6-7 21:00 | |
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Billionaire Investor Stan Druckenmiller Still Doesn’t Believe in Bitcoin’s Potential
Since 2016, Druckenmiller has repeatedly expressed his skepticism over Bitcoin’s potential as a viable, long term store-of-value (SOV). The billionaire has also stated in the past that the flagship crypto asset cannot serve as an effective medium of exchange since it suffers from a number of volatility based issues. As per an all-new interview with […] дальше »
2019-6-5 19:24 | |
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