Danske Bank Caught Using Gold Bullion to Launder Illicit Funds

The Danish financial institution Danske Bank has been embroiled in a massive money-laundering scandal associated with an Estonian branch that allegedly laundered $223 billion in an eight-year period. According to documents uncovered this week stemming from 2012, Danske Bank’s Estonian branch let a select group of clients from Russia convert their money into gold bullion … Read more

Worldline Wants to Improve Bitcoin Merchant Adoption in Switzerland

Bitcoin payments are a far cry from becoming a mainstream solution. In Switzerland, that situation is slightly different. Wordline and Bitcoin Suisse have an interesting plan in this regard.  Both companies will try to boost the acceptance of cryptocurrency payments throughout Switzerland. Their letter of intent for a partnership can be the catalyst this industry … Read more

Tax Agencies Worldwide Plan to Crack Down on ‘Dozens’ of Crypto Tax Evaders

The U.S. Internal Revenue Service (IRS) has revealed the agency is cracking down on “dozens” of cryptocurrency users evading taxes. The IRS has partnered with tax agencies from four other countries in order to make sure tax enforcement strategies are being applied across the map. Also Read: QE Infinity: 37 Central Banks Participate in Stimulus … Read more

Bitcoin Cash House Launches Crypto Hub in Venezuela

A new crypto resource has emerged in Barquisimeto, Venezuela, for Venezuelans interested in learning about Bitcoin Cash and cryptocurrencies. The project, called Bitcoin Cash House, is the brainchild of Roberto Garcia and is sponsored by Bitcoin.com and Sideshift.ai. It exists as a physical location and online initiative, seeking to educate newcomers to the space on … Read more

Ways to Save Money in Your Business Today

Running a business can easily get expensive. Some business owners are even having a hard time to break-even. The cost of running a business can get really high. This is especially if the business is just new or starting out. Bloomberg has reported that around 8 out of 10 businesses actually close within the first … Read more