Tax Agents ‘Confiscate’ Bitcoin From Criminal but Keep the Coins in His Wallet

Tax Agents 'Confiscate' Bitcoin From Criminal but Don’t See Problem Keeping It in His WalletThe State Revenue Service of Latvia (SRS) has seized some bitcoins for the first time. The cryptocurrency, allegedly acquired through illegal means, is still being stored in the wallet set up by a criminal. Experts have expressed concerns about the risk of the money disappearing as officials continue to insist only government agencies have access […]

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Ireland Clarifies Taxation of Crypto Transactions

Ireland Clarifies Taxation of Crypto TransactionsThe 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 notice has been issued at a […]

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Venezuela Says Pre-Sale of Oil-Backed Petro Cryptocurrency Has Raised $735 Million

Venezuela Says Pre-Sale of Oil-Backed Petro Cryptocurrency Now AvailableVenezuela has announced that the pre-sale of its oil-backed cryptocurrency, the petro, has attracted $735 million on the first day. The government has also published a buyer’s manual and confirmed that buyers can use “hard currencies and cryptocurrencies, but not bolivars.” Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Petro Pre-Sale Starts The private […]

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