Bookmarking Crypto Insights
France will soon be monitoring social media accounts to catch suspected tax evaders. The endeavor could label anyone as suspicious who so much as posts a “taxation is theft” meme or a poses with a nice car. The country’s budget minister, Gérald Darmanin, called the court-approved experiment ‘one more tool to fight fraud.’ Exemplified by … Read more
Blockchains are held as disruptive new technology in 2020. As regulators prepare for legal frameworks, blockchain projects are taking over the world. Industries and companies are seeing the value of blockchains and the trustless environment they provide, and developers are building DApps on different blockchains. These DApps integrate a decentralized cloud infrastructure that is held … Read more
Real-world use cases for blockchain technology are not easy to come by. The Football Association, together with AlphaWallet, aims to change that narrative. Both institutions will experiment with blockchain technology to sell football tickets. Blockchain Tokenization for Sport Event Tickets More specifically, tickets for next year’s European soccer championship. It is believed that up to … Read more
From the U.S. to China: Which countries have become leaders in cryptocurrency regulation in 2019? Go to Source Powered by WPeMatico
Chinese law enforcement recently busted 72 individuals connected to the Cloud Token (CTO) scam. The Ponzi was similar to the Plustoken fraud and CTO scammers made off with $500 million. According to regional press, the CTO scam artists are likely connected to the Plustoken swindlers. Moreover, after the Cloud Token arrests in China, police in … Read more
US, UK, France, Australia and many more – a glance of crypto tax legislation worldwide in 2019 Go to Source Powered by WPeMatico
Regional authorities in the province of Sichuan are reportedly pressuring bitcoin miners to scale down operations amid electricity shortages during the dry season in Southwest China. A meeting has been scheduled with regulators, the state run grid operator and mining companies. Two hydropower stations have been fined already for powering bitcoin farms without authorization. Also … Read more
Companies in China have been wary of cryptocurrencies. That situation won’t necessarily change following some new guidelines coming out of Beijing. It has been a while since some “China bans bitcoin” FUD made headlines. More Bitcoin Trading FUD From China For reasons unknown, such news tends to come around at least once a year. This … Read more
As digital currencies become a mainstay in society, a great number of governments have enforced strict tax guidelines, severe money transmission rules, and tough regulations. Because of a few nation-states’ harsh rules against cryptos, there are individuals who plan to renounce their citizenship in order to become stateless. Some people will also attempt to get … Read more
United Nations must embrace blockchain technology, according to the organization’s secretary-general António Guterres Go to Source Powered by WPeMatico