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Loophole in U.S. Tax Law Could Allow Bitcoin Traders to Write off Unlimited Losses

10.6.2020
A loophole in the U.S. tax law could allow qualified bitcoin traders to write off unlimited losses from their trading activities, according to an expert from crypto tax platform Coin Tracker. Traders, defined by U.S tax collection agency Internal Revenue Service (IRS) as people who trade...

Crypto Payroll Startup Bitwage Lets Earners Sidestep Volatility With Stablecoin Payments

10.6.2020
Offering the option to receive wages in the USDC stablecoin removes the volatility risk for earners

London’s ETC Group to List Centrally Cleared Bitcoin ETP on Deutsche Börse’s Xetra

10.6.2020
A UK-based financial services company will list a centrally cleared bitcoin exchange-traded product (ETP) on Deutsche Börse’s Xetra electronic trading market later this month. In a statement released on June 9, Etc Group said the contract, known as Bitcoin Exchange Traded Crypto (BTCE)...

UAE Flight Attendant Faces Jail Over $100K Crypto Loan Default

10.6.2020
A foreign resident of Abu Dhabi is facing jail time after his crypto investments from a $100K loan in 2017 tanked and he can no longer afford the payments

One Third of Institutions Have Invested in Crypto Says Fidelity

10.6.2020
A survey published by Fidelity has found that more than one-third of institutional investors globally are exposed to crypto assets

Data Shows Bitcoin Options Markets Are Maturing Much Faster Than Futures

10.6.2020
Data from the crypto analytical firm Skew.com shows that bitcoin options are maturing much faster than the futures markets launched in December 2017. Skew’s data shows that the open interest in bitcoin options has risen significantly in the last few months. Bitcoin options “are starting...

Illegal Crypto Miner Caught After Stealing More Than $400K of Electricity

9.6.2020
Russian police arrested a 30-year-old crypto miner who they accuse of stealing over $494,000 in electricity from the state power network

Chinese Authority Freezes Thousands of Cryptocurrency Traders’ Bank Accounts

9.6.2020
Several thousands of bank accounts belonging to cryptocurrency traders have reportedly been frozen by Chinese police as a result of an extensive crackdown on illicit activities. Frozen accounts are not necessarily involved in wrongdoing and can be unfrozen if the authority finds no evidence...

‘Inherently Borderless’: Acting OCC Chief Talks Crypto, State Licenses and DeFi

9.6.2020
“My job here is not to protect incumbents,” says acting Comptroller of the Currency (and Coinbase veteran) Brian Brooks of his fintech-forward agenda

Over 2,000 Coca-Cola Machines Now Accept Bitcoin in Australia and New Zealand

9.6.2020
Over 2,000 Coca-Cola vending machines in Australia and New Zealand have started accepting bitcoin, thanks to an agreement between Coca-Cola Amatil and Centrapay. Coca-Cola Amatil is a major bottler and distributor in Asia Pacific, supporting 140 brands. Buy Coke With Bitcoin The bitcoin payment...

Blockchain Bites: ‘Bitcoin Billionaires’ and Buying a Coke With Crypto

9.6.2020
Is mass adoption back on the agenda with the announcement of a feature film based on the Winklevoss twins and new crypto payment option for vending machines "down under?"

Brave Apologizes, Crypto Scammers Get Smarter + More News

9.6.2020
Source: Twitter, @brave Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Privacy news Blockchain-based decentralized browser Brave (BAT) has issued an apology for the error made...

Number of Institutions Buying Crypto Futures Doubled in 2020: Fidelity Report

9.6.2020
More than 85 U.S. institutions bought crypto futures last year, more than double the number touching the space in 2018, according to a new survey by Fidelity

Cointelegraph Talks to Dive Deep Into Inclusion and Diversity in Crypto

9.6.2020
Cointelegraph Talks’ third event will stream later today, featuring discussions on the topics of inclusion and diversity in crypto from some of the industry’s heavy-hitters

Virtual Assets Unleashes Retail Cash Reload Innovation for Purchasing Cryptocurrency

9.6.2020
Instantly add cash to your Crypto Dispensers account with Green Dot @ the Register Chicago, IL – Virtual Assets, LLC is pleased to announce that it has entered into an agreement with Green Dot Corporation (NYSE:GDOT) to enable customers to purchase cryptocurrency with cash. This new service...