Bookmarking Crypto Insights
Auto Added by WPeMatico
On January 17, the UK tax agency Her Majesty’s Revenue and Customs (HMRC) published a job opportunity for a private contractor to design a cryptocurrency blockchain analysis tool. According to the listing, the contract is for one year and HMRC will pay the contractor $100,000 for software that can “identify and cluster crypto asset transactions.” … Read more
The Reserve Bank of India (RBI) has confirmed that cryptocurrency is not banned in India. During the latest supreme court hearing of the crypto case, the central bank’s reply to the Internet and Mobile Association of India was read out in detail. The RBI clarified that it only fenced in the entities it regulates, such … Read more
A Centre of Excellence in Blockchain Technology has been inaugurated by Indian Union Minister Ravi Shankar Prasad in Bengaluru. It will facilitate various government departments in their blockchain work, leading to large scale deployment of blockchain applications. Also read: Regulatory Roundup: EU-Wide Crypto Regulations, New Rules in Europe, US, Asia New ‘Centre of Excellence in … Read more
Most personal transactions where a capital gain occurs are subject to taxation. A newly proposed bill in the US House of Representatives could change things up a bit in this regard. Do not expect the taxable gain to be eradicated completely, however. Changing Crypto Taxation for the Better This peculiar proposal aims to take a … Read more
In the cryptocurrency world, there is no shortage of stablecoin action. Despite numerous competitors launching, Tether continues to dominate this landscape with ease. Despite the uphill battle, several new products will come to market throughout 2020. More Stablecoins Attempt to Dethrone Tether The question is whether they can be more successful than those stablecoins launching … Read more
A prolonged legal battle, which may hold the key to XRP’s future, has been extended again. The class action lawsuit alleges that Ripple issued and sold the coin, one of the largest by market cap, as an unregistered security. The decision on the defendant’s motion to dismiss the lawsuit has been postponed. But even a … Read more
The advancements in the IT industry allowed for banking methods like Bitcoin to thrive in the online casino market, offering online casino goers the possibility to make their deposits in the most convenient way without the risk of exposing any of their financial information to unwanted third parties. Having reinvented the way we look at … Read more
The Cypherpunk Bitstream podcast is a relatively new program that’s just released its fourth episode. The hosts, known as Frank Braun and The Real Smuggler, are so-called ‘privacy extremists’ and dyed-in-the-wool crypto-anarchists concerned with exposing cypherpunk ethos to a wider audience. Braun and Smuggler took time out recently to discuss their journeys to crypto-anarchy, the … Read more
Cryptocurrency portfolio tracking solutions will only become more popular over time. Especially offerings providing accounting solutions have great merit. Rotki is one of the applications well worth keeping an eye on. Rotki Prioritizes DeFi Tax Reporting Solutions More specifically, this is an open source tracking solution for cryptocurrency portfolios. It also grants access to accounting, … Read more
Several companies try to bring cryptocurrencies to the mainstream. Providing financial instruments appears to be the most viable option at this time. Grayscale Investments has become a crucial player in this particular segment. A Bullish Year for Grayscale Investments It is a company that manages crypto assets and exposes investors to bitcoin and select altcoins. … Read more