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Huobi’s US-Based Crypto Trading Platform HBUS Ceases Operations
9.12.2019
Finding limited traction, Huobi’s U.S. wing is ceasing operations
IRS Now Requires Tax Filers to Disclose Crypto Activities
9.12.2019
The U.S. Internal Revenue Service (IRS) has finalized and put in use a new tax form that requires crypto owners to declare whether they received, bought, sold, exchanged, or acquired any cryptocurrencies in 2019. Tax experts are frustrated at the vagueness of the tax agency, with some questioning...
US SEC Seeks to Reopen Case Against Bitcoin Fraudster, Seeks Penalties
9.12.2019
The U.S. SEC is seeking to reopen a case against a Bitcoin fraudster in order to extract monetary penalties
FirewoodFX to Facilitate Forex Trading via Cryptocurrencies
9.12.2019
Owned by the world-renowned entity Firewood Global Ltd., the FirewoodFX, which serves as a trustable platform for providing forex broking services, has added yet another feather to its esteemed credit by breaking the news about the adoption of cryptocurrencies in its network. The strategically...
South Korea: Gov’t Seeks to Tax Crypto Transactions as Capital Gains
9.12.2019
Capital gains taxation on crypto transactions could be introduced by the first half of 2020, South Korea’s Ministry of Economy and Finance has confirmed
No More Bitcoin for Nordea Bank Employees, Experts Question the Motive
9.12.2019
Lay attorneys are puzzled by Nordea’s BTC ban: “They are within their rights, but to prohibit every single employee from trading cryptocurrencies [...] seems weird.”
New Ukrainian Law Says ‘Virtual Assets’ Can Be Used for Payments
9.12.2019
The Verkhovna Rada, Ukraine’s legislature, has approved amendments that introduce legal terms and definitions pertaining to the crypto space. The new legislation, which aims to transpose the FATF standards into national law, also identifies who is to take responsibility for the oversight...
Ethereum Istanbul Hard Fork Get Support From Major Crypto Exchanges
9.12.2019
Several crypto exchanges announced support for Ethereum network, the Istanbul hard fork
Ethereum Hard Fork Live, Stolen ETH Moved, ‘Hodlers Are Insane’: Hodler’s Digest, Dec. 2–8
8.12.2019
In this week’s Hodler’s Digest, Ethereum completes the Istanbul hard fork, stolen ETH worth millions is moved to unknown wallets, and why some hodlers are “insane”
Deutsche Bank Strategist Predicts Crypto Could Replace Fiat Money
8.12.2019
Deutsche Bank analysts have made some predictions regarding the future of cryptocurrency. Strategist Jim Reid explained why cryptocurrencies are inevitable and how the existing fiat money system could crumble over the next decade, leading to soaring demand for cryptocurrencies. Also read: Swiss...
Ethereum Price Stable Despite Hard Fork, Altcoins See Small Gains
8.12.2019
Ethereum’s prices sees no major movement following the hard fork, as most of the top 20 cryptocurrencies report moderate gains
Buy Presents or a Christmas Trip Using Gift Cards Purchased With Crypto
8.12.2019
Gift cards have become a popular payment tool for cryptocurrency users. Plenty of platforms now offer a wide variety of cards which can be purchased with your digital coins. You can use them to buy just about any product or service from major and small retailers, order food and drinks, or book...
Death Spirals and BTC — What Happens When Miners Capitulate?
8.12.2019
If small mining facilities begin to capitulate by the year’s end, will BTC struggle to recover in the first quarter of 2020?
EOS-Based Social Media Platform Voice Announces Beta Launch
7.12.2019
Blockchain-based social media platform Voice created by EOS announced that its beta will launch on Feb. 14 next year
Bitcoin Hovers Under $7,550 as Altcoins See Moderate Gains
7.12.2019
Bitcoin hovers just under the $7,550 mark as most of the top 20 cryptocurrencies are reporting moderate gains on the day
SEC Requests UK’s Intervention to Force Telegram’s Former Advisor to Testify
7.12.2019
The U.S. SEC is attempting to force Telegram’s former chief investment advisor to testify in the case over the firm’s Grams tokens offering
Boerse Stuttgart’s Crypto Exchange Live for All Traders in Germany
7.12.2019
Germany’s second-largest stock exchange, Boerse Stuttgart, has opened up its cryptocurrency trading platform to all interested traders in the country. This move follows the passing of a bill allowing banks in Germany to sell and hold cryptocurrencies for their clients starting next year. Also...
Report: ‘Blockchain Is A Rapidly Maturing Technology in China’
7.12.2019
A report by Forkast Insights calls blockchain in China a rapidly maturing technology “far beyond the experimental stage”
Ukraine Passes Law on Money Laundering With Crypto Policy Based on FATF
7.12.2019
Ukraine’s parliament approves a final version of a money laundering law that will handle virtual assets and virtual asset service providers per FATF guidelines
Brazil’s Tax Authority Fines Those Who Fail to Declare Bitcoin and Crypto
6.12.2019
The tax authority of Brazil fines taxpayers who fail to declare their Bitcoin and crypto transactions