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The Finnish government has revealed the number of taxpayers who owe taxes from bitcoin-related income. The country’s Tax Administration claims to have “different ways to combine information and identify people” who owe taxes from crypto profits, which are now “well over ten times higher than last year.” Also read: Russian Regulators Draft Law to Restrict Crypto … Read more
No one will be surprised to learn Amazon has taken a more than keen interest in blockchain technology and associated projects. In a recent blog post, the company announced AWS blockchain templates for both Ethereum and Hyperledger Fabric. It’s an interesting choice of projects to support, albeit one that also makes a lot of sense. Amazon Doubles Down … Read more
An important Ethereum improvement proposal is being considered right now. Although EIP 999 is somewhat controversial among community members, it seems the majority of the network is in favor of seeing this solution move ahead. There is still a long way to go until we know the final outcome, though. The EIP 999 Vote is in Progress For … Read more
Iran’s central bank has issued a statement banning the country’s banks and financial institutions from dealing with cryptocurrencies such as bitcoin, citing money laundering and terrorism financing risks. However, the local crypto community in Iran believes that the ban will not affect them and some exchanges continue to operate normally. Also read: Russian Regulators Draft Law … Read more
No one likes missing the train. Of course, jumping on the wrong one is sure to delay the arrival even more. In today’s Bitcoin in Brief, we cover the latest attempts by big corporations to stay close to the crypto waters without really wetting their feet. Also, do you want to know how Cryptokitties have … Read more
Even though some of the cryptocurrency markets are dipping in the red right now, the overall uptrend is still intact. Over the past 24 hours, we have seen the Bitcoin Private price going up even further, despite a very solid uptrend for most of last week. Right now, one BTCP is valued at just over … Read more
Another day of cryptocurrency trading is upon us. Even though things started to look a bit worrisome last night, there is apparently nothing to worry about whatsoever. The Bitcoin Cash price further confirms things are looking pretty solid when keeping the bigger picture in mind. As of right now, one BCH is valued at nearly … Read more
The current president and chief executive officer of the San Francisco Federal Reserve Bank, and the man expected to soon be the New York Federal Reserve Bank, John Williams, has rejected the suggestion that cryptocurrencies comprise currency. Also Read: Trading Sanctions Imposed on Tezos Co-Founder Amid FINRA Settlement New York Federal Reserve Nominee Rejects Cryptocurrencies as … Read more
Cryptocurrencies are gaining popularity in the Baltic states where no comprehensive regulations have been introduced yet. Businesses from multiple sectors, including real estate, online trade, the hospitality industry, and even healthcare, are taking advantage of crypto payments. Some companies from the region are already offering their services globally. Also read: Blind Denial of Cryptocurrencies … Read more
Every year, marijuana coins receive the spotlight as speculators and spectators look to see how markets fluctuate in response to April 20. These coins, which include PotCoin (POT), CannabisCoin (CANN), and HempCoin (THC), have historically seen large volumes in response to the date colloquially known as “420 Day”. Unfortunately, 2018’s April 20 was a difficult day for … Read more