South Africa Puts Onus on Taxpayers to Declare All Cryptocurrency Income

South Africa Puts Onus on Taxpayers to Declare All Cryptocurrency IncomeThe tax authority of South Africa has warned taxpayers in the country against forgetting to report all their cryptocurrency transactions. However, it also presented a framework with a few positive points for those trading cryptocurrencies such as the ability to claim expenses and losses. Also Read: ADS Securities Adds Bitcoin Cash, Litecoin, and Ripple CFDs […]

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Bitcoin Futures Are a Threat to Whole Banking System, Fears ECB Director

Bitcoin Futures Are a Threat to Whole Banking System, Fears ECB DirectorWhile major stock brokers are lining up to add bitcoin futures to their platforms, central bankers are apparently not too happy about it. A member of the European Central Bank (ECB) executive board has called the instruments a threat to the financial stability of the entire banking system. Also Read: After Ripple’s Rise BTC Dominance […]

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