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Telegram could onboard the first billion cryptocurrency users — X10 CEO
7.8.2024
Recognizing the potential of mini apps, X10 is also working on a Telegram-based crypto trading application, that could help the industry reach the first billion crypto holders
Australian Tax Office Seeks Personal, Transaction Details from 1.2 Million Cryptocurrency Users
8.5.2024
The Australian Tax Office reportedly has requested that cryptocurrency exchanges share both personal and transaction details of as many as 1.2 million cryptocurrency users. The revenue collector recognized that some users are fulfilling their tax obligations unknowingly, but maintained that others...
Proposed Settlement: Crypto Users Weigh Dropping Lawsuit Against Sam Bankman-Fried
20.4.2024
A group of cryptocurrency users involved in a class-action lawsuit against former FTX CEO Sam Bankman-Fried has recently reached a proposed settlement.
The post Proposed Settlement: Crypto Users Weigh Dropping Lawsuit Against Sam Bankman-Fried appeared first on Cryptonews
Canadian Crypto Drive Slows in 2023, Users Cite Wider Market Factors
30.11.2023
Source: Pixabay The number of Canadian cryptocurrency users has dropped in 2023 due to bear market fears and wider macroeconomic factors, a new survey shows. A Crypto Asset Survey published by the Ontario Securities Commission (OSC) was conducted to show consumer interaction with virtual assets...
Hardware Wallet Firm Trezor Rolls Out New Safe 3 Model, Metal Seed Backup
12.10.2023
Trezor, a leading hardware wallet manufacturing company, unveiled three new products on Thursday aimed at both novice and experienced cryptocurrency users who want to securely self-custody their digital assets. The Prague-based firm launched the Trezor Safe 3, the firm’s latest generation hardware...
Senator Elizabeth Warren’s Crypto Bill Gains Support Among US Lawmakers
18.9.2023
Nine U.S. lawmakers have thrown their support behind the Digital Asset Anti-Money Laundering Act, recently reintroduced in Congress by Senators Elizabeth Warren, Roger Marshall, Joe Manchin, and Lindsey Graham. Experts have warned that this crypto bill is the most direct attack on the privacy...
Alchemy Pay: Exploring the Development and Trends of the Emerging Crypto Payment Industry with High Demand
19.7.2023
With traditional commercial institutions like Visa, Mastercard, Tesla, BNY Mellon, BlackRock, Gucci and countries such as El Salvador, Central African Republic constantly expanding in the cryptocurrency field, more and more investors are starting to look at cryptocurrency with new eyes. In 2022...
US Judge Orders Kraken to Release Customer Data to IRS in Cryptocurrency Tax Probe
1.7.2023
Kraken, the San Francisco-headquartered digital currency exchange, has received a court order from a U.S. judge requiring the release of customer data to the Internal Revenue Service (IRS). The court filing, submitted on Friday, states that the IRS is seeking details pertaining to accounts that...
US Senators Unveil New Crypto Bill — Experts Call It the ‘Most Direct Attack’ on Personal Freedom and Privacy of Crypto Users
16.12.2022
Two U.S. senators, including Elizabeth Warren, have introduced a bipartisan bill for the regulation of cryptocurrency. The bill, titled “Digital Asset Anti-Money Laundering Act,” is “the most direct attack on the personal freedom and privacy of cryptocurrency users and developers...
Ripio Announces Expansion to Colombia in Next Months
14.4.2022
Ripio, an Argentinian cryptocurrency exchange, has announced concrete actions regarding its expansion to Colombia. The company will offer a new option for cryptocurrency users and traders in Colombia, and will also offer a financial education proposal that is yet to be revealed. This launch will...
Colombian Tax Authority Warns About Consequences of Not Declaring Crypto Related Taxes
3.4.2022
The Colombian tax authority, DIAN, has reminded taxpayers that they need to start registering cryptocurrencies in their statements starting this year. The director of the DIAN, Lisandro Junco, reminded cryptocurrency users that this kind of asset is taxed as any other asset held by citizens....
Crypto Taxes in 2022: All You Need to Know According to Koinly
24.3.2022
Cryptocurrency users can face a lot of challenges finding the right information needed for reporting taxes. Koinly, a leading cryptocurrency tax calculator and portfolio tracker for traders, has created the ultimate guide to help. Koinly Presents The Ultimate Bitcoin Tax Guide for 2022 Crypto...
Report: Number of African Cryptocurrency Users up by Nearly 2,500%
22.3.2022
The number of cryptocurrency users in Africa grew by almost 2,500% between January 2021 and January 2022, while the average number of monthly transactions went up by 1,400%, a new report by Kucoin has said. Widespread Adoption of Cryptocurrencies According to a new report by crypto exchange Kucoin...
Global Crypto Owners Predicted to Surpass 1 Billion This Year
27.1.2022
The number of global crypto owners is expected to exceed one billion by the end of the year, according to a report by Crypto.com. “Nations can no longer afford to ignore the growing push to crypto by the public. We may in many cases expect a friendlier stance towards the crypto...
Head of Investigative Committee Calls for Mandatory Identification of Cryptocurrency Users in Russia
15.1.2022
Russians who use cryptocurrency should not be anonymous, the man who chairs Russia’s federal investigating authority has recently stated. The official leading efforts to fight corruption in the government called for additional regulations, including the introduction of mandatory...
First Cryptocurrency ATM Reportedly Installed in Uruguay
15.1.2022
The ostensible first cryptocurrency ATM machine has been installed in Uruguay, developed as a joint initiative between Urubit and Inbierto, two national crypto companies. This represents a milestone for the country, which according to estimates has between 40K and 50K cryptocurrency users, whose...
IRS Agent Poses as Bitcoin Trader Called ‘Mr. Coins,’ Biden’s IRS Wants ‘Outflow and Inflow’ Data From Banks
2.9.2021
Over the last few weeks, Americans have read about the U.S. Internal Revenue Service (IRS) upping its tax enforcement to catch cryptocurrency users who have not paid taxes. According to one report, the IRS may get access to bank inflows and outflows via Joe Biden’s American Families Plan....
Bitcoin Cash Shows Maturity in Its Fourth Anniversary
1.8.2021
Born four years ago as a result of the disagreement between two groups over scaling issues, Bitcoin Cash has grown to be so much more. Offering a full suite of solutions for cryptocurrency users, having support from thousands of merchants at a worldwide level, and recently introducing Smartbch,...
Kirobo’s P2P Swap Button Introduces Slippage-Free, Direct Token Swaps to Crypto Market
27.7.2021
PRESS RELEASE. Tel Aviv – July 27, 2021 – Kirobo, a blockchain technology company, has launched its ‘P2P Swap Button’, a decentralized tool allowing cryptocurrency users to execute token swaps without having to use an exchange or custodial third party. By taking the swap...
US Congressman Calls for Law Allowing Government to Reverse Cryptocurrency Transactions
1.7.2021
A U.S. congressman has called for a law that allows the government to identify cryptocurrency users and reverse crypto transactions. “There’s a significant sentiment, increasing sentiment, in Congress that if you’re participating in an anonymous crypto transaction that...