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Targeted by IRS? What Cryptocurrency Owners Should Know


The U.S. Internal Revenue Service (IRS) has started sending out new letters to cryptocurrency owners suspected of owing crypto-related taxes. A tax expert has shared with news.Bitcoin.com what crypto owners should know, including how to handle tax letters from the IRS and avoid an audit. How...

Binance Takes The Largest Piece of Crypto Activity Pie in Africa


Africa’s on-chain cryptocurrency activity has consolidated onto the ten largest services in the region by volume over the course of the last year, with "a large portion of that activity" going to Binance, according to blockchain and analytics specialist Chainalysis. The ten largest...

Digital Currency Group Snaps Up British Crypto Exchange Luno


Barry Silbert. The New York-based crypto investor the Digital Currency Group (DCG) has announced it has taken over UK-based crypto exchange Luno for an undisclosed sum. DCG made an initial investment in Luno back in 2014, but the platform has continued to grow in recent years, setting up bases...

Crypto Exchange Kraken Makes Japan Return After Two-year Absence


Major American crypto exchange operator Kraken is set to return to Japan after an absence of over two years – under the umbrella of its Tokyo-based Payward Asia subsidiary. The San Francisco-based firm was forced to exit Japan back in April 2018, citing rising business maintenance costs. However...

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