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Governments Viewing Crypto as a Threat Will Be Left Behind

18.11.2019
In recent commentary at a New York blockchain conference, IRS Criminal Investigation Chief John Fort said the agency is now turning its focus to crypto ATMs and kiosks, as well as American users of foreign exchanges. While the continued push to regulate crypto is no surprise, the general narrative...

Number of Bitcoin ATMs Passes 6K Mark…But the Taxman Is Taking Note

18.11.2019
There are now more than 6,000 Bitcoin ATMs in the world – but as the devices become more widespread, it seems tax authorities are also starting to pay closer attention to the devices. Per data from monitoring site Coin ATM Radar, there are currently 6,003 Bitcoin ATMs in operation now – with...

Big South Korean Companies Continue Blockchain Spending Drive

18.11.2019
South Korea’s biggest businesses are continuing to dominate the nation’s blockchain industry. Per news outlet Maeil Kyungjae, the country’s Software Policy & Research Institute has revealed that seven out of South Korea’s top 10 largest companies have begun integrating blockchain technology...

IRS Dispels Crypto Tax Confusion

17.11.2019
The U.S. Internal Revenue Service (IRS) has cleared up some confusion about how cryptocurrency transactions are taxed, particularly regarding like-kind exchanges and promotional airdrops. As the tax agency intensifies its enforcement efforts, more people are seeking the best tax software to help...

Market Update: Crypto Prices Improve After 3-Week Downtrend

17.11.2019
Digital currency markets have been trending downward in a triangular pattern since the 40% spike that took place on October 25. Following the three-week downtrend, cryptocurrency traders are quietly playing positions while patiently waiting for the next market signals. Also Read: The Bank of Google...

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