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New Guidelines Subject Canadian Crypto Exchanges to Securities Laws
18.1.2020
Canadian regulators have issued new guidance determining when current securities legislation applies to operations conducted by cryptocurrency exchanges. According to the clarifications in the document, many domestic and foreign entities serving Canadian users, for example those that provide...
Using a VPN May Get Israeli Crypto Traders in Trouble
2.1.2020
Do you use a VPN? It’s a privacy-enhancing tool that everyone should be using, especially those with digital assets. Or do you happen to be older than the typical crypto trader? Both of these characteristics are part of a list of so-called ‘red flags’ that can get you in trouble...
Harsh Laws Make Bitcoin Holders Consider Renunciation or Dual Citizenship
28.12.2019
As digital currencies become a mainstay in society, a great number of governments have enforced strict tax guidelines, severe money transmission rules, and tough regulations. Because of a few nation-states’ harsh rules against cryptos, there are individuals who plan to renounce their...
Lawmakers Want Answers From IRS, Citing Major Issues With Crypto Tax Guidance
23.12.2019
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. Also read: Regulatory...
Ciphertrace Says Banks Unknowingly Process $2 Billion in Crypto per Year
17.12.2019
According to the blockchain analysis firm Ciphertrace, major U.S. banks process roughly $2 billion in digital currency transactions that go undetected every year. Ciphertrace disclosed a slew of financial institutions have not deployed the right KYC/AML infrastructure to detect unregistered...
WhoCanUse
4.12.2019
There are loads of microsites and developer tools for looking at color accessibility, including tools built right into browser DevTools. They often show you if a color passes AA or AAA WCAG guidelines. But color contrast is more complicated than that because there is a wide variety of vision...
Weekly Platform News: Contrast Ratio Range, replaceAll Method, Native File System API
22.11.2019
In this week's roundup: Firefox's new contrast checker, a simpler way to lasso substrings in a string, and a new experimental API that will let apps fiddle with a user's local files.
Firefox shows the contrast ratio range for text on a multicolored background
According to Success Criterion 1.4.3...
Paypal CEO Admits He Owns Bitcoin
21.11.2019
The CEO of Paypal, Daniel Schulman, has revealed in an interview that he personally owns bitcoin. He also talked about Paypal’s plans regarding cryptocurrency, how to achieve mass adoption, and why Paypal decided to leave Facebook’s Libra project. Also read: US to Strictly Enforce...
US to Strictly Enforce Crypto Rules Similar to FATF Guidelines
19.11.2019
The U.S. government will strictly enforce the rules on cryptocurrencies similar to the standards recommended by the Financial Action Task Force (FATF). The Financial Crimes Enforcement Network has reaffirmed that its “Travel” rule applies to cryptocurrencies. Meanwhile, the Federal...
Iranian Grid Explains Electrical Costs Will Fluctuate for Bitcoin Miners
15.11.2019
Throughout the course of 2019, Iran’s government and the country’s energy officials have been creating new guidelines for bitcoin miners setting up data facilities in the oil-rich nation. On Wednesday, Mostafa Rajabi, a spokesperson for Iran’s Energy Ministry, described a...
Crypto Tax Guidelines Leave More Questions Than Answers
8.11.2019
Cryptocurrency holders have long wrestled with their tax obligations. These fiduciary duties have been complicated by tax agencies, which are several steps behind technology and now playing crypto catch-up. Updated guidelines from the U.S. and U.K.’s tax agencies were finally released this...
Ridiculous Crypto Regulations Are an Enemy of Bitcoin
7.11.2019
One of the biggest privacy issues in today’s society revolves around the use of overreaching know-your-customer (KYC) and anti-money laundering (AML) laws. Despite the fact that many cryptocurrencies were designed to avoid these invasive practices, KYC and AML guidelines bolstered...
New crypto taxation guidelines for the UK
5.11.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 4 November, 2019 Help others “As you grow older, you will discover that you have two hands, one for helping yourself, the other for helping others.” – Audrey Hepburn Welcome back, CoinMarketCap army! Let's […]
The post New crypto...
New crypto taxation guidelines for the UK
5.11.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 4 November, 2019 Help others “As you grow older, you will discover that you have two hands, one for helping yourself, the other for helping others.” – Audrey Hepburn Welcome back, CoinMarketCap army! Let's […]
The post New crypto...
Britain’s Tax Authority Updates Crypto Guidelines
4.11.2019
Her Majesty’s Revenue and Customs (HMRC) has updated its guidelines on the taxation of transactions involving crypto assets. The United Kingdom’s tax authority clarifies its stance on cryptocurrencies and explains which taxes apply to specific activities carried out by business entities...
British Tax Authority Updates Cryptocurrency Guidelines, Says It Is Not Money
3.11.2019
Her Majesty’s Revenue and Customs has updated cryptocurrency taxation guidelines for businesses and individuals
Bank of Lithuania Issues Guidelines on Security Token Offerings
26.10.2019
Recognizing that businesses are seeking alternative ways to raise capital other than bank lending, the Bank of Lithuania has issued new guidelines on security token offerings. The goal is to clarify applicable rules without introducing more regulations. Also read: Mario Draghi Leaves European...
Tax Guide: What Crypto Owners Should Know
14.10.2019
With the rise in price and the growing adoption of cryptocurrencies, more governments worldwide have been ramping up efforts to tax them. Some countries are using extreme measures to get their hands on this new source of untapped revenue, but there are also tax-friendly countries that are...
IRS Issues New Crypto Tax Guidance After 5 Years – Experts Weigh In
10.10.2019
The U.S. Internal Revenue Service (IRS) has issued long-awaited guidance on the tax treatment of cryptocurrencies. It is generally described by the crypto community as a mixed bag since some parts are useful while others have raised many more questions, particularly how cryptocurrencies from hard...
Picking out Positives from the (Perplexing) New Crypto Tax Guidelines
10.10.2019
The Internal Revenue Service (IRS), America’s top tax authority, has issued a new set of guidelines on cryptocurrency taxation.
And although many are bemoaning the new rules for a lack of clarity among other matters, there are a few silver linings to be found in the IRS’ press release, a new crypto...