The Irish revenue service has published a manual with guidelines aimed at eliminating the uncertainty surrounding the taxation of crypto transactions. Investors and traders of digital coins, businesses working with cryptocurrency and tax advisors, of course, can now find answers to many but not all of their questions. The...
Additional evidence is emerging to link the mysterious cryptocurrency exchange Bitfinex to the island of Puerto Rico.According to ‘people with knowledge of the matter,’ the company has been banking with the island’s Noble Bank International since last year.Bitfinex Linked to Noble Bank AgainAccording to a report from Bloomberg, the...
We’ve got great news for you! Nikolas Verano, the photographer of Pavel Durov and official photographer of the Playboy Russia magazine has joined CRYSTALS team. We’re confident that our partnership will yield the best results. “I see strong potential in CRYSTALS project and hope to significantly contribute to its development...
News The Institute for Justice (IJ) bills itself as the national law firm for liberty. IJ works to slow the growth of government in the US in all its forms: economic freedom, education, private property, freedom of speech, not to mention amicus briefs to the Supreme Court. Now bitcoiners can...
In today’s edition of Bitcoin in Brief we feature stories that show how fast and nimble banks that support cryptocurrency-based businesses are benefiting at the expense of the larger players that have yet to enter the market, how more financial institutions want to join and how crypto ventures are...
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Russian State Duma has approved its first reading of the long-awaited legislation package regulating crypto-related matters and activities. The legal texts, voted almost unanimously, will open the way for legalization of cryptocurrencies in the Russian Federation, including their exchange and circulation under certain conditions. Deputies now have about two...
Regulation In recent news relating to cryptocurrency exchanges, Coinbundle has received approval for licensing in The Philippines, the Monetary Authority of Singapore has issued a consultation paper regarding its intention to update its regulatory apparatus for cryptocurrency exchanges, and Okex has announced that it has remedied the error that caused...
The government of India is reportedly considering levying a type of consumption tax on cryptocurrency trading and even mining. The most grievous part of this proposal is that it may also be a retroactive measure, demanding payments for past actions. Also Read: Economics Nobel Laureate Robert Shiller Examines Bitcoin in Historical...
Blockchain was initially developed as a fiat currency’s digital alternative, but its features soon found practical use in other industries as well. Decentralized digital ledgers can provide a lot of value to various organizations and entities, especially if they are dealing with some of the most significant issues that plague...