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All Aboard the Hype Train: CoinMetro Smashes Q1 Growth Expectations

CoinMetro, the crypto-platform powering the future of finance, announced today that they’ve shattered their growth expectations, with revenue leaping 100x in March 2021 compared to March 2020. Buoyed by a strong crypto market, a vibrant community, and an ever-expanding product lineup, CoinMetro has more than doubled its revenue projections for Q1 2021, putting the Tallinn-based […] дальше »

2021-4-6 16:16


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US Court Authorizes IRS to Summon Cryptocurrency User Records From Circle and Poloniex

The Internal Revenue Service (IRS) has obtained authorization from a federal court to seek information on cryptocurrency users from Circle and Poloniex exchange platforms. The tax authority wants records identifying crypto users who conducted $20,000 or more in crypto transactions during the years 2016 to 2020 as well as other documents relating to their crypto […] дальше »

2021-4-5 18:30


UK Tax Authority, HM Revenue and Customs (HMRC), Updates Guidance on Crypto Taxation

Meanwhile, Britain's financial services minister said the focus is on regulating stablecoins, and intervention in the wider crypto markets is “less immediately pressing.” The post UK Tax Authority, HM Revenue and Customs (HMRC), Updates Guidance on Crypto Taxation first appeared on BitcoinExchangeGuide. дальше »

2021-4-1 19:30


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IRS sheds light on reporting requirements for fiat-purchased crypto

The United States Internal Revenue Authority (IRS) has updated the FAQ section on cryptocurrencies. A report unveiled this news on March 3, noting that the update exempts individuals that purchased crypto using fiat currencies and had no other crypto transactions in 2020 from reporting such transactions under the virtual currency question. дальше »

2021-3-4 17:20


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An Iranian Think Tank Recommends the Use of Cryptocurrencies to Circumvent Sanctions

A think tank affiliated with the Iranian Presidency has unveiled a study report that encourages the use of cryptocurrencies in circumventing sanctions against the country. In addition, the report also claims the government could potentially “generate US$2 million a day and $700 million a year in direct revenue from cryptocurrencies. дальше »

2021-3-4 06:00


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Ethereum Is Trending For All The Wrong Reasons, Here’s Why

Ethereum has been making rounds in the cryptocurrency ecosystem, but not for the right reasons at all. The discussion about Ethereum’s high fee charges gained traction when network users raised concerns about the booming revenue of network miners, which on the flip side continues to soil users’ pockets by the second.  Even as developers on […] дальше »

2021-3-2 12:56