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Russia ‘Suspends’ Crypto Legislation, Blames FAFT Ruling for Delay


The Russian government has postponed the introduction of its planned cryptocurrency regulations – laying the blame for the delay at the feet of the international Financial Action Task Force (FATF). New agency Tass reports that the legislation – which had been slated for a second reading in...

Israeli Court Rules Bitcoin Is an Asset


An Israeli court has ruled that bitcoin is an asset, confirming the central bank’s stance. The case involves the country’s tax authority and the founder of a blockchain startup who argues that profits from the sale of cryptocurrency should be tax-free. The court has ruled in favor...

Internal Revenue Service is All Set to Release Crypto Tax Guidelines


The Internal Revenue Service recently announced that it would be fixing the new guidelines for tax on crypto. Because the IRS identifies crypto as property and not currency, it is because it is taxable to purchase and sell crypto. Consequently, tax rules which apply for property transactions, such...

Bitcoin Attaining $8,000 Marks An End to the Crypto Winter, Says Tom Lee


According to Tom Lee, the CEO, and Co-Founder of Fundstrat Global Advisors, the crypto winter has finally come to an end. We all know that Bitcoin and the entire crypto market have witnessed a price slump since the past few months. But things began to look better again since the start of April....

Ethereum Trading Volume Reaches $900 Million


The current bull run on the crypto market is reflecting on many major cryptocurrencies, and Ethereum is no exception. Trading of Ethereum witnessed a record high of $900 million. For the past four months, ETH has steadily increased, doubling from a low of just over $ 100 in February to its current...

You Can Pay With BCH for Your Domain From Abaco Hosting


Online presence is essential for any business today and especially for projects that deal with cryptocurrencies. Abaco Hosting offers this type of solutions to small and medium enterprises, and companies from the crypto industry can take advantage of its flexible payment options. They include...

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