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What to Do if You Just Got a Crypto Tax Letter from the IRS
15.8.2019
Have you just woken up to find a letter from America’s top tax authority, the Internal Revenue Service (IRS) in your mailbox, asking you to pay tax on your crypto earnings… and come to the sad realization that you’re not having a nightmare?
Scores of American cryptocurrency traders have received...
deVerge CEO Lauds HM Revenue & Customs Authority’s Move To Gather Crypto Trading Records
15.8.2019
The crypto industry and regulators have a bittersweet affair across the globe, a tussle that seems to be going nowhere yet. However, things have been moving either way in many regions, including the United Kingdom. Recently, HM Revenue and Customs (HMRC) department sent letters to a few crypto...
Central Banks Worldwide Testing Their Own Digital Currencies
15.8.2019
Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden....
Crypto, Blockchain Progress Continues in Argentina, Venezuela, Ecuador
15.8.2019
Source: iStock/Anson_iStock
Cryptocurrency prices may be falling, but Bitcoin, altcoins and blockchain technology are still trying to gather momentum in Latin America.
Reports from Argentina continue to claim that citizens are flocking to bitcoin as an alternative to the fast-depreciating peso –...
Bitcoin Dives Below USD 10K Again, Crypto Market is Down 8%
15.8.2019
Source: iStock/hocus-focus
As the sell-off in the crypto market is continuing this week, the most popular cryptocurrency, bitcoin, just took one step lower and now trades below USD 10,000, or the level last seen on July 31. Among the top 100 coins only a few are in green.
At pixel time (05:00 UTC)...
Bitcoin’s Surging Dominance – Is This Time Really Different?
15.8.2019
Bitcoin's share of the total crypto market is rising rapidly, but is that necessarily good news for the sector?
KuCoin Exchange To Launch Fifth Spotlight Project Tokoin (TOKO) On August 23
15.8.2019
Global crypto exchange – KuCoin has announced that it will be launching the fifth Spotlight project called Tokoin (TOKO), on August 23. The announcement came via a tweet on Wednesday, in which the company also shared a detailed official statement. We are excited to announce that we are going...
Samsung Adds Bitcoin Support To Its SDK Blockchain Keystore Without Making Any Noise
15.8.2019
The speculations of Samsung adding support for Bitcoin have finally turned out to be true, as the Korean tech giant added BTC support to its Blockchain Keystore SDK, though quite discreetly. As per reports, the move will allow users to use Bitcoin applications through the secured storage hardware...
Despite CEO Claims, Dash Isn’t Really the ‘Most Used’ Crypto in Venezuela
14.8.2019
Despite wide-spread efforts and expensive advertising, Dash isn't taking off in Caracas
New IRS Warning Letters Target Crypto Investors Who Misreported Trades
14.8.2019
The IRS is sending another round of warning letters to crypto users, this time to taxpayers who it thinks misreported income on exchange transactions
Iran Crypto Devs Launch Platform for Flood Victims in Light of US Sanctions
14.8.2019
Crypto developers in Iran have created a platform for humanitarian donations via digital currencies in light of political interference
Luxembourg Financial Watchdog: Crypto Entity Lied About Licensure
14.8.2019
Luxembourg’s financial watchdog has warned the public about a crypto-related firm that falsely claims to be licensed in the country
Binance Jersey Partners with Crypto Platform Caspian for Faster Trades
14.8.2019
Fiat-to-crypto platform Binance Jersey is partnering with a crypto platform that provides trading and risk management
Blockchain and Crypto Jobs Market: 2018 Vs. 2019 by the Numbers
14.8.2019
Blockchain experts are still in demand, but the number of those who want to get hired has decreased
Norwegian Pushes Crypto Adoption Further Beyond Its Company
14.8.2019
Stablecoins may be about to see more widespread use in traditional business as “several big suppliers” of the low-cost carrier and one of the biggest airlines in Europe, Norwegian, are reportedly positive about this alternative transaction method.
As reported, Norwegian is launching its...
Anti-Corruption Group Proves Crypto’s True Power: You Can’t Confiscate Math
14.8.2019
Last week in Russia, state agents tore apart the offices of FBK, a privately funded anti-corruption foundation, freezing group assets and more than 100 bank accounts. Officials are using suspicion of money laundering as justification for targeting the largely bitcoin-funded group, possibly in a...
Guarda Wallet’s Chief Marketing Officer, Maria Carola in an Exclusive Interview with CryptonewsZ
14.8.2019
Maria Carola is the Chief Marketing Officer of Guarda Wallet, a web-based multi-currency wallet which allows users to receive easily, store, send, and exchange their coins. Maria joined Guarda in mid-2018. Currently, she is spearheading the Guarda team with her incredible business acumen...
Barclays Bids Adieu to Coinbase; ClearBank Enters in, Move Likely to Save FPS Promises
14.8.2019
The London based bank- Barclays and the crypto exchange- Coinbase are no more working together. Coinbase has moved on and found another UK based bank to work with- ClearBank, sources have revealed. The Barclays and Coinbase partnership could have connected the crypto exchange to the UK ‘Faster...
Ad Watchdog Warns Crypto Companies Not to Mislead the Public
14.8.2019
UK advertising watchdog, the Advertising Standards Authority (ASA), sent a signal to all crypto companies not to overhype crypto and to clearly indicate all risks to the consumers.
Following a newspaper ad for the cryptocurrency trading platform BitMEX from January 2019, the ASA received four...
US Crypto Holders Only Have a Few Days to Reply to the IRS 6173 Letter
14.8.2019
Did you get letter 6173 from the IRS? You only have a few days to reply