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Bitfinex has required tax information from its users, which it “may then exchange” with the government and tax authorities of the customer’s country of residence Go to Source Powered by WPeMatico
Bitfinex, an exchange famed for its opaque banking arrangements, has begun ordering its users to submit their tax details. The platform, which is registered in the British Virgin Islands, a known tax haven, will retain this information and may share it with tax authorities in their customers’ jurisdiction. The news has caused quite a stir. … Read more
Cryptocurrency markets are losing some gains today, as most digital assets are down between 3-15 percent during this morning’s trading sessions on May 16, 2018. The overall cryptocurrency market cap has shaved a few billion in losses since our last markets update, leading to the valuation of all 1,600 cryptocurrencies hovering around $374Bn today. During … Read more
Bitcoin forks are invariably contentious, but the latest batch could be the most controversial yet. Bitcoin Prime and Anonymous Bitcoin have been labeled as shameless cash grabs that are little more than pump and dumps orchestrated by opportunistic developers. The projects’ architects of these schemes, naturally, have hit back. Also read: Forget Emojis – Bitcoin Sentiment … Read more
Japanese internet giant GMO has launched a service to allow customers to lend their bitcoins to the company. Customers’ bitcoin balances will be debited from their GMO Coin trading accounts once loan agreements have been reached. This program is similar to the one launched by the hacked exchange Coincheck last year. Also read: Japan’s DMM Bitcoin … Read more
Bitcoin has surged! Following yesterday’s new “high” of $6,900, bitcoin has jumped by over $700 and is now trading at just under $7,700. It’s a massive step forward following what has been a relatively “rough-and-tumble” week. The news marks a near 10 percent jump for the father of cryptocurrencies, though bitcoin was trading on Luxembourg … Read more
Bitfinex was recently accused of fraud and money laundering, but was there anything to it? #FOLLOW_UP Go to Source Powered by WPeMatico
Bitfinex denies involvement in Polish controversy, after €400 mln seized on suspicion of fraud and money-laundering. #NEWS Go to Source Powered by WPeMatico
Bitfinex has announced the introduction of 12 new ERC-20 tokens. Among the tokens listed is Dai – a stablecoin competitor to Tether. Also Read: First Soros, Now Rockefellers Move into Cryptocurrency Bitfinex Announces Trading Pairs for 12 New Altcoins On April 7th, Bitfinex announced via Medium the introduction of 12 new altcoins on its trading platform. All … Read more
Today’s Bitcoin in Brief provides some leisurely Sunday reading for anyone who has a life to live outside of crypto. We curate the best stories from the past 24 hours and condense them into a daily digest so you can stay in the loop in less time than it takes to boil a kettle. In … Read more
