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The Most Important Aspect of Bitcoin Is the Separation of Money and State


Many cryptocurrency supporters believe the technology allows for the separation of money and state in a manner that’s never been seen before. Governments inflict two forms of robbery against nonviolent citizens by forcing them to pay taxes while also stealing from them silently through...

Want to Buy ‘Virgin Bitcoin’? Be Ready to Pay 20% More, Says CEO


Buyers of so-called "virgin bitcoins" are paying up to 20% more for coins with no transaction history, Flex Yan, CEO of Babel Finance, a Hong Kong-based crypto financial services company, claims. In a recent opinion piece, published by Bitcoin Magazine, he said that demand for the virgin coins...

Argentinians Pay Crypto Premium, Venezuelan Lottery to Give BTC Prizes


Bitcoin is booming in South America as national fiats flounder – with Argentinians paying a premium for cryptocurrencies and the Venezuelan national lottery handing out cryptocurrency prizes. Enthusiasm for cryptocurrencies is spiking in Argentina in the wake of election primary results on Sunday...

Tax Expert: IRS Letters Confirm That Trading Cryptos Is a Taxable Event


The U.S. Internal Revenue Service (IRS) announced on July 26 that 10,000 American cryptocurrency users will receive a letter reminding them to pay taxes or amend any mistakes on past filings. At the time, IRS Commissioner Charles Rettig said U.S. taxpayers should take the warning letters...

Venezuelan Government Accused of Using Bitcoin to Bypass US Sanctions


Nicolás Maduro and the United Socialist Party of Venezuela have been accused of circumventing financial blockades imposed by the U.S. government. According to local reports, Maduro’s regime evades sanctions with cryptocurrency alongside an airline application called Jetman Pay....

Hyundai Pay to Expand Blockchain Services, E-commerce App Makes Waves


South Korea’s fast-growing blockchain industry continues to show signs of health – with one of the country’s biggest conglomerates stepping up its blockchain operations. Hyundai Pay, the electronic pay arm of the wider Hyundai Group, says that it has appointed a new CEO with a view to “expanding...

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