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Singapore Mulls a New Idea How to Boost Crypto Adoption


In a recently published e-Tax draft guide, the Inland Revenue Authority of Singapore (IRAS) proposed the exemption of certain cryptocurrency transactions from GST (goods and services tax). To be precise, the draft is created with a goal to explain “the GST treatment for transactions involving...

Bitcoin and Altcoins Showing Signs of Fresh Increase


This past week, bitcoin and altcoins trimmed most gains and struggled to continue higher. BTC/USD failed to clear the USD 12,000 resistance and later declined below USD 11,000. However, the USD 10,500 level acted as support and recently the price rebounded above USD 11,200. Besides, ethereum price...

IRS 'Weeks Away from 3 Tax Bills' After Call from Pro-Crypto Activists


America’s top tax authority, the Internal Revenue Service (IRS), will update its cryptocurrency guidelines “in the coming weeks,” per the Wall Street Journal – following a request put forward by United States parliamentarians. The media outlet says that the IRS’ decision was made after...

Argentinian, S Korean Local Governments Set New Blockchain Goals


Local governments around the world are looking to revitalize their economies using blockchain technology. Officials in the Argentinean province of Río Negro, on the northern edge of Patagonia, have been briefed on the technology underpinning cryptocurrencies. Senior officials were given...

Bitcoin Cash Scaling Benchmarks, Brewdog, and Rising Transaction Volume


Over the last week, there’s been lots of going on within the Bitcoin Cash (BCH) environment with companies implementing BCH support, new applications, and various announcements. While Bitcoin Cash supporters keep bolstering adoption, development and community projects have continued...

Kitchenware Chief Allegedly Cooks Books to Feed Crypto Cravings


What do a resort in Mallorca, a 61-year-old education administrator in Osaka and the head of a cookware company have in common? A love for cryptocurrency, of course! First, media outlet Jiji reports that a former director of an Osaka education authority that comprises a number of schools and...

What ICO, IEO, STO? This Over USD 2bn Company Sells Shares for Crypto


One of the U.K.’s biggest craft brewers BrewDog is taking another step into the world of crypto as now investments in this company can be made with cryptocurrency. The acceptance of cryptocurrencies for shares in the company is made possible through the brewer’s popular “Equity for Punks” program...

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