US Tax Court Says You Should Sell Your Crypto Savings If You Owe IRS
The US federal court sides with the IRS in a dispute involving crypto whales and unpaid taxes. Go to Source Powered by WPeMatico
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Expert: News of Chinese Banks’ Crypto Crackdown Greatly Exaggerated
Last Monday, Chinese media reported that police in Guangdong froze thousands of bank accounts belonging to over-the-counter traders. Go to Source Powered by WPeMatico
After Raising $20m in 2017, ATBCoin Claims It Can’t Afford A $250,000 Settlemen
ATBCoin has claimed that it is unable to pay a $250,000 settlement to a lawsuit over its $20 million ICO, prompting calls from the plaintiffs for the court to enforce the agreement. Go to Source Powered by WPeMatico
Crypto-Ransomware Attacks Are Spreading Like a Hacking Wildfire
With ransomware attacks up 200% in the last two years, Cointelegraph looks at some of the methods bad actors are employing and how to avoid them. Go to Source Powered by WPeMatico
South Korea’s Finance Minister Confirms Plan to Tax Cryptocurrency
Although scant on details, South Korea’s finance minister has confirmed that taxes will be imposed on cryptocurrency in the country. Go to Source Powered by WPeMatico
CFTC Chairman: US Must Lead the World in Crypto With Less Restrictive Rules
The chairman of the Commodity Futures Trading Commission (CFTC) has called on other regulators to establish a framework for sound crypto regulation. He believes that the U.S. must lead in the crypto field and “applying overly prescriptive rules could stunt the development of this important market.” CFTC Chairman Heath P. Tarbert has called on other … Read more
WEF Hopes to Stamp Out Corruption With Colombian Blockchain Trial
The World Economic Forum looks at blockchain as a solution against foul play in government processes. Go to Source Powered by WPeMatico
China Considering East Asia Regional Cryptocurrency to Rival Dollar and Libra
China comes up with yet another crypto-related plan to take on the hegemony of the U.S. dollar in international payments. Go to Source Powered by WPeMatico
Crypto Founder Sentenced to Seven Years in Prison for $25 Million Scam
A federal court in Manhattan sentenced the founder of a $25 million ICO scam to 87 months and a fine of up to $250,000. Go to Source Powered by WPeMatico
Will India Ban Crypto? 5 Exchange Executives Shed Light on the Truth
There has been some confusion over whether India will ban cryptocurrency, including bitcoin, following recent reports of a note being circulated by the government. News.Bitcoin.com interviewed executives of five cryptocurrency exchange platforms in India to find out the truth about the news. Indian Crypto Ban: What’s Likely? Talks of the Indian government banning cryptocurrency have … Read more
