DIGIT

South African Court Submissions Expose Lies and Deceptive Tactics Used to Perpetuate MTI Bitcoin Ponzi Scheme

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New submissions by a South African regulator, the Financial Sector Conduct Authority (FSCA) and liquidators have exposed the web of lies and deceptive tactics that were used by Mirror Trading International (MTI) CEO Johann Steynberg and others to perpetuate the Ponzi scheme. Undeclared Losses In its report filed with the South African court, the regulator … Read more

Denmark to Revise Tax Law to Target Cryptocurrencies

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The Danish tax ministry is reportedly mulling over revising the country’s tax law to deal with the challenges posed by cryptocurrencies. Denmark’s tax authority is concerned about the rising risk of fraud and widespread filing errors involving cryptocurrencies. Denmark to Revamp Tax Law to Deal With Cryptocurrency Denmark is considering revamping its tax code in … Read more

Warren Buffett’s Berkshire Hathaway Invests in Bitcoin-Friendly Digital Bank

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Berkshire Hathaway, the company led by CEO Warren Buffett, has invested $500 million in a pro-bitcoin digital bank. Nubank says it will offer bitcoin investment following its acquisition of brokerage firm Easynvest which offers the trading of Brazil’s first bitcoin exchange-traded fund (ETF). Berkshire Hathaway Invests in Pro-Bitcoin Digital Bank Warren Buffett’s Berkshire Hathaway Inc. … Read more

The Bitcoin Bull Run Explained

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In its 12 years of life, Bitcoin has often been thought of as a diamond in the rough. Now as its value breaks past expectations and shows no sign of fading from prominence, it is a bona fide treasure. To understand the place cryptocurrency in general and Bitcoin in particular have in today’s society, an … Read more