South Africa Puts Onus on Taxpayers to Declare All Cryptocurrency Income

The 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 … Read more

Pakistan’s Central Bank Prohibits Crypto Dealings with a Circular

The State Bank of Pakistan (SBP) has issued a circular on the “prohibition of dealing in virtual currencies”. The measure comes right after a similar move by the central bank of neighboring India. Commercial banks and payment providers have been told to stay away from crypto operations. They should not facilitate transactions of virtual currencies … Read more

How Can Blockchains Remove the ‘Pay to Trade’ Barrier in the Market?

We cannot solve our problems with the same thinking we used when we created them. –Albert Einstein Every day, blockchain technology is grabbing the headlines through new and exciting ventures, promising to make investors’ needs more simple, efficient, and profitable. The problem with many of these ventures is the failure to deliver on many of … Read more

CNET’s Halsey Minor Utilizes Unused Computing Energy and Blockchain Tech to Reduce Video Broadcasting Costs

Producing and distributing video is anything but cheap. As blockchain technology is hailed as the go-to solution for a host of today’s technological problems, decentralization mania couldn’t have come at a better time for video. Why? Because the enormous amount of energy required to store, compute, encode, network and stream video is massive. Halsey Minor, the CEO … Read more

Over 16,000 Indians Sign Petition Against “Irrational” RBI Crackdown

Cryptocurrency users in India are using the internet to voice their protest over a recent crackdown by the country’s central bank. Instead of allowing it to be stifled, petitioners call on the government to help cultivate the new ecosystem which can benefit India in various ways.    Also Read: ADS Securities Adds Bitcoin Cash, Litecoin, … Read more