Caitlin Long: New Wyoming Law Will Protect Privacy of Wallet Keys
Wyoming Blockchain Coalition president Caitlin Long says two new laws will further protect blockchain developers as well as privacy of wallet keys Go to Source Powered by WPeMatico
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IRS Releases ‘Tax Cheat’ Info Raising Concerns About Crypto Theft
The U.S. Internal Revenue Service (IRS) released a new report and infographic on Thursday illustrating unpaid or underpaid taxes for the years 2011 – 2013. The numbers reflect estimates based on the last such findings, for the years 2008 – 2010. With commissioner Chuck Rettig citing the importance of voluntary compliance, and crypto’s popularity on … Read more
Class Action Complaint Filed Against Patrick Byrne and Overstock.com
An investor files a class-action lawsuit against Overstock.com and Patrick Byrne for violation of federal securities law Go to Source Powered by WPeMatico
Government of Uzbekistan Triples Tax on Electricity for Crypto Miners
The government of Uzbekistan orders a 300% increase on electricity tariffs for cryptocurrency miners Go to Source Powered by WPeMatico
China’s Fintech Stocks Soar Over 50% in 2019 Amid CBDC Anticipation
China’s fintech stocks rise more than 50% in 2019 amid anticipation for state-backed crypto, a new report says Go to Source Powered by WPeMatico
Venezuela’s Central Bank Indicates Plans to Stockpile Bitcoin
Various reports reveal Venezuela’s central bank is allegedly contemplating hoarding a variety of cryptocurrencies like BTC within its internal reserves. The state-operated gas company Petroleos de Venezuela SA (PDVSA) has asked to send BTC and ETH payments to Banco Central de Venezuela’s (BCV) vaults to pay for oil and gas operations. Also read: Maduro’s Petro … Read more
Without Disobedience, Bitcoin Is No Better Than Gold
With the launch of Bakkt’s bitcoin futures market and Binance’s revamped U.S. exchange, there’s been a lot of talk in the space about institutionalization and traditional money flowing into crypto. It’s almost as if some believe that Bitcoin can’t scale as a purely peer-to-peer electronic cash system and that third parties and regulators must be … Read more
The Reasons Why Blockchain Is Not Quite Ready for Facebook’s Dreams
Facebook is ready to enter the cryptocurrency arena but blockchain technology does not look ready enough for bright Facebook plans Go to Source Powered by WPeMatico
US SEC’s Crypto Mom: ‘I Think We Need to Be a Little Less Paternalistic’
U.S. SEC Commissioner Peirce, also known as Crypto Mom, encourages regulators to “be a little less paternalistic” Go to Source Powered by WPeMatico
Only Reporting Part of Your Crypto Addresses? The IRS Needs to Know
The US Internal Revenue Service (IRS) might be tracking your crypto addresses Go to Source Powered by WPeMatico