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Singapore’s inland revenue authority releases new draft on GST for crypto
The Inland Revenue Authority of Singapore (IRAS) recently published a draft guide that detailed the conduct of goods and services tax (GST) towards cryptocurrency transactions, since there has been an increase in the use of cryptocurrencies as a mode of payment. дальше »
2019-7-8 21:38 | |
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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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U.S Internal Revenue Service prepares to take stringent action against cryptocurrency tax evaders
While Bitcoin has revolutionized the digital currency and decentralized finance space, Bitcoin has often been followed by its dark past. Its wide use on the dark net and its association with Silk Road has lent it a slightly shady reputation. дальше »
2019-6-14 15:00 | |
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Breaking: BitMart Will Join Magic Cube to Launch Live Game Show and IEO Token Sale!
On May 28th 8:00 AM and May 29th 10:00 PM (EDT), BitMart, a premier global digital asset trading platform, will join Magic Cube to launch a unique two rounds of Live Game Shows. Winners will be able to split 200 ETH worth of the intraday quota of Magic Cube Coin (MCC) and purchase with ETH. дальше »
2019-5-30 18:18 | |
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BLOCKv, Reward Cloud Partnership Runs Campaign for Starbucks – What Will the Success Bring?
Starbucks recently held successful campaign with digital product redemption. Over 400 new global brands and merchants will create their own campaigns to promote customer engagement. The retail aspect of the cryptocurrency industry provides substantial revenue, and there are many companies that have worked to expand crypto’s reach. дальше »
2019-5-16 04:49 | |
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Control as Liability
The regulatory and legal environment around internet-based services and applications has changed considerably over the last decade. When large-scale social networking platforms first became popular in the 2000s, the general attitude toward mass data collection was essentially “why not?”. дальше »
2019-5-11 04:03 | |
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Bitcoin Transactions Spike in April While SegWit Keeps Fees Low: Report
Research has shown that the number of on-chain Bitcoin transactions has risen dramatically throughout 2019, nearing the volume of Bitcoin’s peak in December 2017. Even so, transaction fees are a fraction of what they were around bitcoin’s all-time high, likely due to the continued uptick of SegWit transactions on the network. дальше »
2019-5-8 00:53 | |
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Is it Possible to Inherit Cryptocurrency? The National Law Review Breaksdown Bitcoin Beneficiaries
The National Law Review featured an article on whether cryptocurrency can be inherited. According to the article, HM Revenue & Customs (HMRC) recently released guidance for those in possession of cryptocurrency, a digital asset. дальше »
2019-5-6 18:45 | |
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Op Ed: Bitcoin Is Turning Left vs. Right Into Big Data vs. Privacy
The political spectrum is usually divided into four main categories: libertarian left, authoritarian left, libertarian right and authoritarian right. Those on the left prefer a more controlled economy, while those on the right have a preference for free markets. дальше »
2019-4-16 22:26 | |
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U.S. Reps Tell IRS to Publish New Crypto Tax Guidelines
Since it has now become mandatory for digital assets traders to remit taxes, 21 members of the United States Congress, led by congressman Thomas Earl Emmer, have jointly sent a bipartisan letter to the United States Internal Revenue Service (IRS) urging it to publish new guidelines on crypto tax remittance, according to a press releaseRead MoreRead More. дальше »
2019-4-13 19:00 | |
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In Plain English: SEC Publishes Guidance on Tokens as Securities
The U. S. Securities and Exchange Commission (SEC) has published an investment contract framework for digital assets, which is intended to give crypto companies guidance as to whether a cryptocurrency is a security. дальше »
2019-4-4 22:02 | |
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Biggest Online Retailer In Switzerland with a Revenue of Almost $1 Billion, Now Accepting Payments in BTC, ETH, XRP, TRX, BCH, LTC, BNB
The largest online retailer in Switzerland Digitec announced it is going to start accepting digital assets for payment on its platform. The company stated that they will be receiving payment for all their 2. дальше »
2019-3-19 17:48 | |
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Facebook’s “Crypto” Currency Expected to Add Up to $19 Billion in Revenue
According to a client note issued by Barclay’s internet analyst Ross Sandler, Facebook’s launch of its own digital currency could yield billions in additional revenue for the firm. The social network has been reportedly developing its own stable-coin, although precise details of the project remain limited. дальше »
2019-3-12 00:00 | |
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Canadian Federal Tax Agency Targets Bitcoin Investors
The Canada Revenue Agency (CRA) has apparently been specifically targeting bitcoin and crypto investors as part of its broader tax strategy to keep tabs on their cryptocurrency investments, including how they purchase these assets. дальше »
2019-3-9 23:53 | |
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CRA Warns Digital Currency ‘Does Not Exempt’ Canadians from Their Tax Obligations
The Canada Revenue Agency (CRA) is targeting users of Bitcoin (BTC) and other crypto assets in its latest series of audits — starting with a 13-page questionnaire. Time for Bitcoin Users in Canada to Pay Their Taxes According to an article in Forbes yesterday, Bitcoin researcher and writer Kyle Torpey revealed that the CRA is cracking down on Bitcoin (BTC) and other crypto-asset users in Canada. дальше »
2019-3-8 05:00 | |
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France Targets Amazon, Google, Facebook for an Annual $500 Million Tax Boost
France is targeting large technology firms such as Google, Amazon, Facebook, Apple, and others in a move that could fetch the French nation about $500 million. French Finance Minister Bruno Le Maire said on Sunday in an interview with Le Parisien newspaper. дальше »
2019-3-6 09:39 | |
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Report Claims That “Sextortionists” Absconded With Over $300,000 in Crypto in 2018
Most cyberattacks in the crypto space involve hackers finding a way around the security of crypto exchange platforms and gaining access to users’ funds. Last year saw the entry of a new breed of cyber extortionists that seems to be gaining ground, so much so that they were able to steal over $300,000 in bitcoin (BTC) tokens in 2018. дальше »
2019-3-1 18:10 | |
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Blockchain Advocacy Coalition Sponsors Bill to Allow Crypto for Legal Cannabis Tax
Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency. дальше »
2019-3-1 20:16 | |
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Square’s Surging Bitcoin Business Will Restore Confidence in Crypto
Square, the $31 billion payments giant, processed over $166 million in Bitcoin purchases throughout 2018. Square Bitcoin Revenue Eclipses $50 Million in Q4 According to the firm’s Q4 shareholder letter, Square processed the sale of $52. дальше »
2019-3-1 19:58 | |
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Issuance Acquires CrowdfundX to Naturally Blend Blockchain and Traditional Banking
It’s only a matter of time before Issuance completely takes over the legendary Fintech brand, CrowdfundX. The West LA-based digital investment company will effectively take over the company’s entire revenue streams, its employees and clients and the rapport it enjoys. дальше »
2019-2-8 22:29 | |
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Kraken Acquires British Derivatives Platform Crypto Facilities
Cryptocurrency exchange Kraken has acquired Crypto Facilities, a British digital asset trading platform and index provider, in an undisclosed “nine-figure” deal. The acquisition means that Kraken will now be able to offer both spot and futures trading in bitcoin core, bitcoin cash, ripple, litecoin and ethereum while boosting revenue by attracting institutional customers. дальше »
2019-2-5 06:45 | |
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Elections Canada Consults With Political Parties on Crypto Donations
According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act. дальше »
2019-1-24 20:28 | |
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The Daily: Sapphire Develops GPU for Grin, TSMC Sees Drop in Mining Revenue
In The Daily this Saturday, Sapphire has designed a new graphics card suitable for mining the recently launched Mimblewimble cryptocurrency Grin. In other news related to the minting of digital coins, Taiwan Semiconductor Manufacturing Company has reported a significant decrease in its revenues from the mining segment, and some Ethereum miners have switched to Constantinople […] The post The Daily: Sapphire Develops GPU for Grin, TSMC Sees Drop in Mining Revenue appeared first on Bitcoin News. дальше »
2019-1-19 16:05 | |
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Brave Blockchain Browser Adds New Twist to the Old Revenue Model for Viewing Advertisements
With the advent of the digital age, all sorts of content were at the fingertips of people. However making money out of this was a bit tricky, most people would be unable to or simply unwilling to pay for that content. дальше »
2019-1-17 19:56 | |
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Bitwage Service Adds Payroll Tax Payment Funding Options for U.S. Businesses
Cryptocurrency payroll service Bitwage has partnered with Texas-based payroll and Human Relations firm Simply Efficient HR to help companies fund W2 Employees and payroll tax payments using crypto. дальше »
2019-1-16 05:22 | |
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WordPress announces a toolkit to kickstart small to mid-sized newsrooms
WordPress, the open source CMS that powers nearly one-third of the web, is now looking to streamline newsrooms around the world. In 2019, we’ll see a new commitment to small and medium-sized publishers with a toolkit called Newspack. дальше »
2019-1-16 00:47 | |
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WordPress.com Partners with Google, ConsenSys-backed Civil and Others to Release “NewsPack” for Startups
WordPress. com parent company Automattic Inc, and its partners Spirited Media and News Revenue Hub announce a new partnership with Google and Google News Initiative along with other companies like Civil Media (backed by ConsenSys) to release a new platform for digital news startups. дальше »
2019-1-15 01:44 | |
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There May Be (Some) Tax Relief Options if You Sold Your Bitcoin at a Loss
For investors whose first time investing in bitcoin was in 2018 or after late 2017, there is a high likelihood that they have incurred substantial losses for the fiscal year of 2018 if they haven’t sold yet. дальше »
2018-12-29 02:01 | |
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British Revenue and Customs Agency Clarifies Law on Crypto Taxes
The British government has recently released a policy paper clarifying the tax laws on crypto assets. This fairly straightforward document was released on Her Majesty’s Revenue and Customs’ (HRMC) website, holding a sundry list of important crypto space terms, the relevant tax codes and points of intersection between the two. дальше »
2018-12-21 23:09 | |
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UK’s Her Majesty’s Revenue and Customs (HMRC) Creates New Crypto Asset Guidance For Investors
The official tax agency of the United Kingdom, known as Her Majesty’s Revenue and Customs, has just released a set of guidelines that are meant to guide crypto investors and token holders on how they should pay their taxes and how they should see their digital assets. According to the report made by the tax […] дальше »
2018-12-19 20:02 | |
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UK tax authorities: ‘crypto assets’ are not currency or money
The UK‘s tax office, Her Majesty’s Revenue and Customs, published details that outlines its stance on cryptocurrency and digital assets, obviously in the name of taxation. In a document titled “cryptoassets for individuals,” spotted by Coindesk, the HMRC highlights how it does “not consider cryptoassets to be currency or money. дальше »
2018-12-19 15:03 | |
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Now Users Can Mine Ethereum (ETH) Using Idle Computing Power with Razer
Computer gaming company Razer is turning towards cryptocurrency mining to augment revenue and appeal to youth, rewarding users with tokens to spend in a Razer-focused marketplace in turn of trading computing resources to mine digital assets. дальше »
2018-12-15 23:34 | |
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Crypto Arbitrage Today: ZEC, TRX, XLM, EOS, DOGE, Dash
As all cryptocurrency and digital asset markets remain uber bearish, exploring arbitrage opportunities becomes all the more important. Everyone wants to either make money or try to save their portfolio by securing other revenue sources. дальше »
2018-12-8 12:45 | |
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France will tax tech giants in 2019 if EU doesn’t step up
Plans for EU-wide digital services tax to prevent tax evasion were struck down this week as the proposal didn’t receive unanimous support from all 28 member states. This happened despite Germany and France‘s attempt to reach a consensus by proposing a bill full of concessions, which would specifically target behemoths like Google and Facebook. дальше »
2018-12-6 13:08 | |
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Epic Games announces its dev-friendly Steam competitor
Epic Games, the company behind the wildly successful Fortnite, today revealed it’s opening its own digital game storefront. The new store will offer developers an 88 percent share of revenue, in contrast to Valve’s industry-standard 70 percent. дальше »
2018-12-4 20:49 | |
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Report: Crypto Exchanges Are Recording Impressive Revenues
Cryptocurrency exchanges are catching up to their traditional counterparts, a new study suggests. According to a report released by global professional services company Accenture, revenue from cryptocurrency exchanges is now matching that of traditional exchanges. дальше »
2018-11-29 20:08 | |
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MineBit Takes First Step of its International Strategy by Launching the English Version Website
CoinSpeaker MineBit Takes First Step of its International Strategy by Launching the English Version Website MineBit is a Korean Community-Based Revenue Sharing Exchange, that allows investors to trade digital assets without any worries. дальше »
2018-11-22 22:31 | |
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Nvidia Shares Fall 19% After Company Reveals Q4 Revenue Might Fall Short By $700M Due To Falling Crypto-related GPU Demand
Even without directly investing in cryptocurrencies, Nvidia was one of the biggest winners in 2017’s crypto boom. With last year’s soaring prices of digital currencies, the company’s GPUs were selling like hotcakes as crypto miners, who were busy building their mining rigs back then, snapped up stock worth $776 million in 2017 alone. дальше »
2018-11-16 16:09 | |
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Cryptocurrency Traders Evade Taxes Making Use of Lending Loopholes
According to an article by Venture Beat, published November 11, 2018, cryptocurrency traders in the U. S. have found a lending loophole to avoid taxation on their digital currency transactions. Evade Taxes by Loaning out Equivalent Amount Taxation has been one larger problems facing the cryptocurrency industry since it came into prominence. дальше »
2018-11-13 02:00 | |
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Latin America joins EU in considering a new digital tax
Mexico and Chile are among a host of countries that may follow the European Union’s lead in playing hardball on taxes with big tech companies like Facebook, Alphabet, AirBnB, and Uber. In March, the EU proposed a “digital tax” that would affect the revenue of major digital companies like Facebook and Google. дальше »
2018-11-8 15:05 | |
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Coinbase, Binance to Defy Market Slump and Post Billions in Revenue This Year
With the currently depressed cryptocurrency prices yet to recover from January’s massive correction, most crypto investors are struggling to produce a profit this year. Perhaps it is even safe to assume that many digital portfolios have suffered substantial losses similar to the crypto market as a whole. дальше »
2018-11-5 14:29 | |
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Brazil’s Tax Authority Goes After Cryptocurrency Profits
Brazil’s tax authority has published proposals to regulate the cryptocurrency landscape over concerns digital assets are being used to launder money and evade tax. A document released by the Department of Federal Revenue of Brasil (RFB) disclosed plans that will force cryptocurrency traders to reveal their identities and for exchanges to submit financial reports to […] The post Brazil’s Tax Authority Goes After Cryptocurrency Profits appeared first on Bitcoin News. дальше »
2018-11-3 13:00 | |
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Crypto Platform Coinbase Secures $300 Million in Series E Funding Round
Popular cryptocurrency exchange Coinbase has raised a fresh $300 million in a Series E financing round, bringing the company valuation to $8 billion. Coinbase plans to use the funding to "accelerate the adoption of cryptocurrencies," as it plans to remain the "entry-point into crypto" for millions of investors, according to a published blog post. дальше »
2018-10-31 20:51 | |
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Coinbase Ditches Its Index Fund in Favor of a New Retail Feature
Coinbase – one of the largest digital currency exchanges in the U. S. – is nixing its index fund designed for accredited investors and shifting its focus to a new retail product, The Block reportshttps://theblockcrypto. дальше »
2018-10-14 04:27 | |
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