Miners from 15 Countries to Give Input for Russian Cryptocurrency Bill

Miners from 15 Countries to Give Input for Russian Cryptocurrency BillCryptocurrency miners from 15 countries have confirmed that they will be showing Russian parliamentarians how cryptocurrencies are mined and discussing their countries’ specific approaches to mining regulation. After the meeting, the Russian government plans to draw up recommendations and proposals for crypto legislation, which will be submitted on December 28. Also read: South Korea Clarifies Position […]

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Trading Bitcoin for an Altcoin Won’t Shield You From the IRS Anymore

Trading Bitcoin for an Altcoin Won't Shield You From the IRS AnymoreAny American bitcoin investors who were hoping to avoid paying taxes for their profits this year by trading them for altcoins are in for an unpleasant surprise. New regulations have been tailored specifically to make sure U.S. taxpayers can’t use this method to avoid giving the IRS their cut. Also Read: South Africa Wants to […]

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South Africa Wants to Track and Tax Bitcoin Trading

South Africa Wants to Track and Tax Bitcoin TradingIt’s said that nothing in this world is certain, except death and taxes. And at least for the latter we can be sure that the powers-that-be are not going to let this change without a fight. The latest country now known to be looking at taxing bitcoin trading is South Africa. Also Read: Tax Investigators […]

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