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Russian Public Officials Must Now Declare Their Crypto Holdings as Income

Public officials in Russia will now be required to declare all the crypto assets they hold as income. The measures are with effect from Jan. 1, 2021, local media reported. Russia’s prosecutor general Igor Krasnov declared: “Starting next year, civil servants will be required to declare [virtual] currencies on an equal basis with other assets. дальше »

2020-10-24 09:30


China Trials Its Central Bank Currency, The Digital Yuan, In Shenzhen’s Gas Stations

China’s Central Bank assists Shenzhen citizens in using its digital currency as payments to refuel their motor vehicles. The community in the tech hub of China (Shenzhen) received $1. 5 million in digital Yuan, airdropped to gear up the project, 11 gas stations are now accepting digital currency as payments, reported Economic Information Daily. дальше »

2020-10-18 17:41


Ripple's report analyzes key factors driving global blockchain adoption in 2020

Ripple’s third annual Blockchain in Payments report had some interesting revelations regarding digital asset adoption globally. Despite the ongoing global pandemic, 79% of businesses reported growthThe post Ripple's report analyzes key factors driving global blockchain adoption in 2020 appeared first on AMBCrypto. дальше »

2020-10-16 14:30


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Crypto Users Saw Robinhood Hack Coming a Mile Away

Cryptocurrency investors have long warned about the dangers of leaving coins on mobile trading app Robinhood. Turns out they were onto something. Robinhood, which was popularized for its commission-free trades, has suffered a security breach in which close to 2,000 accounts were affected, Bloomberg reported, citing a person close to the situation. дальше »

2020-10-16 01:16


Spanish Government Embarks on Bill to Requires Crypto Investors to Disclose Holdings and Income

The Spanish government has embarked on a bill that may require its citizens to disclose their crypto income or holdings with the country’s tax agency. Reuters, which first reported on this development, noted that the bill in question aims at tracking down tax fraud/evasion amongst Spain’s crypto investors or users. дальше »

2020-10-13 22:03


Japan’s Central Bank to Launch Its Digital Yen Pilot in 2021; China’s CBDC Accelerating Timeline

Japan is playing catch up to China’s CBDC plans, Kenji Okamura, vice-finance minister for international affairs, said in an online seminar on Friday, as Reuters reported. Speaking on the dangers of being left behind by the largest Asian economy in digital currencies, Okamura called for the country to move towards developing its own digital yen. дальше »

2020-10-9 17:44


South Korea’s Central Bank to Test Digital Won Distribution In 2021; CBDC’s Are Gaining Momentum

The Central Bank of South Korea has announced that it will commence the distribution phase of its CBDC next year, marking the final stretch of the 22-month scheduled initiative. First reported by the Korea Herald, the Bank of Korea (BOK) intends to run the distribution of its blockchain-based CBDC up to December 2021. дальше »

2020-10-8 19:33


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BitMEX CEO Steps Down in the Wake of Criminal Allegations 

The CEO of Bitcoin derivatives exchange BitMEX, along with some of its leadership team, have stepped down in the wake of allegations from US regulators that it was operating illegally. As reported last week by BeInCrypto, the US Commodity Futures Trading Commission (CFTC) charged BitMEX with running an unregistered trading platform and for violating anti-money […] The post BitMEX CEO Steps Down in the Wake of Criminal Allegations  appeared first on BeInCrypto. дальше »

2020-10-8 14:07


Leading Japanese Messaging App, LINE, Launches Crypto Lending Services on BITMAX Exchange

LINE, the Japanese messaging app giant, is launching crypto lending services for its clients through its subsidiary crypto exchange, BITMAX. The news, which was first reported by CoinDesk Japan, highlighted that BITMAX users will be now be permitted the option of lending their crypto holdings to the exchange service, with BTC, XRP, ETH, BCH, or […] The post Leading Japanese Messaging App, LINE, Launches Crypto Lending Services on BITMAX Exchange first appeared on BitcoinExchangeGuide. дальше »

2020-10-8 22:11


US Authorities Arrest A Women in Murder-for-Hire; Paid $5k In Bitcoin to Scammer

A woman based out of Nevada has been arrested by the authorities for allegedly hiring a hitman to get her ex-husband killed. It is being reported that the woman paid $5000 in Bitcoin on the dark web, but the website turned out to be a scam, and the woman was indicted for conspiring to kill […] The post US Authorities Arrest A Women in Murder-for-Hire; Paid k In Bitcoin to Scammer first appeared on BitcoinExchangeGuide. дальше »

2020-9-29 19:31


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Israeli Lawmakers Plan to Exempt Bitcoin From Capital Gains Tax in Draft New Law

Israeli lawmakers have proposed in a draft new law to treat bitcoin as a currency instead of an asset for tax purposes, local media reported. According to a report from Globes, four legislators from the Yisrael Beiteinu political party presented the Income Tax Ordinance (Taxation of the Sale of Digital Currencies) bill in the Israeli […] The post Israeli Lawmakers Plan to Exempt Bitcoin From Capital Gains Tax in Draft New Law appeared first on Bitcoin News. дальше »

2020-9-26 02:00


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Dissecting the possibilities of Bitcoin becoming a U.S national currency

As reported over the week, MicroStrategy, a U.S based firm that provides business intelligence, mobile software, and cloud-based services has obtained a generous amount of Bitcoin. For different reasons, including safeguarding itself from the imminent tide inflation and more interestingly, taking advantage of what the company believes is the most authentic niche in value storage, even […] дальше »

2020-9-21 15:24