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Jack Dorsey, CEO of both Twitter and payment platform, Square, told the Times of London there will be a single world currency in the next ten years, and he believes that will be bitcoin. His comments came at a downturn in the broader crypto markets and amidst declarations of bitcoin’s imminent demise. Also read: Bitcoiners […]
The post Twitter and Square CEO Jack Dorsey: Bitcoin to be World’s Currency appeared first on Bitcoin News.
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For all the inroads that bitcoin has made on the current financial system, it has yet to threaten their ascendancy. The CEOs of Paypal, Visa, and other legacy payment systems may have been monitoring the rise of cryptocurrencies, but they have not been losing sleep over them. Now, in a frank report to the SEC, […]
The post Bank of America Acknowledges the Threat Posed by Cryptocurrency appeared first on Bitcoin News.
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India’s Income Tax Department recently announced that it has issued notices to 100,000 cryptocurrency investors. The announcement came in light of government surveys into the operations of multiple leading Indian exchanges that have revealed widespread tax evasion on the part of India’s cryptocurrency traders. Also Read: India’s Finance Minister Confirms Crypto Not Recognized as Legal Tender, […]
The post India’s Tax Department Issues Notices to 100,000 Crypto Investors appeared first on Bitcoin News.
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