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On the heels of launching his crypto platform, McAfee Magic, the former antivirus software tycoon John McAfee plans to launch a distributed exchange on Monday, October 7. ‘McAfeedex’ will run on the Ethereum blockchain and McAfee insists the exchange will have no restrictions. Also Read: Protesters Wield Tools of Freedom as Hong Kong Imposes Dictatorship […]
The post McAfee to Launch Decentralized Token Exchange With No Restrictions appeared first on Bitcoin News.
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The US Internal Revenue Service (IRS) might be tracking your crypto addresses
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Have you considered relocating to Portugal to enjoy tax-free crypto-trading? You may get more tax benefits than you thought
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Cryptocurrency enthusiasts and businesses in the industry have had to put up with regulatory uncertainty for quite some time. The strong desire to tap into their incomes and profits goes hand in hand with failure on behalf of authorities and regulators to fully understand the nature of decentralized digital assets. Not to mention how absurd […]
The post Why Portugal’s Tax-Free Crypto Trading Matters for Bitcoin appeared first on Bitcoin News.
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Salaries paid in decentralized digital coins have become a norm across the crypto industry, but there’s really no reason why cryptocurrencies can’t be used for remuneration by businesses in other sectors as well. In many jurisdictions that should be legal even in the absence of dedicated legislation. Switzerland, New Zealand, Japan and Estonia are a […]
The post Crypto Salaries Gain Regulatory Recognition Around the World appeared first on Bitcoin News.
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Crypto may not be a currency, but it is possible to get your salary in it, at least in New Zealand
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Tax season is months away, which is why you need to start preparing for it now. Leave everything to the last minute and you’ll only end up cursing your procrastination. Organize your cryptocurrency activity in advance and you’ll breeze through tax deadline day without so much as flinching. Despite maddeningly vague or unfair legislation, filing […]
The post These Portfolio Tracking Tools Will Also Prepare Your Crypto Taxes appeared first on Bitcoin News.
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Did you get letter 6173 from the IRS? You only have a few days to reply
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As the Indian government deliberates on the country’s crypto policy, the tax authority continues to send out letters with lengthy, probing questions to crypto owners. News.Bitcoin.com talked to industry experts to find out the implications of these letters, what people can do when receiving them, and how crypto assets are taxed in India. Also read: […]
The post Indian Tax Authority Sends Probing Questions to Crypto Owners – Experts Weigh In appeared first on Bitcoin News.
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Bitcoin investors in Israel are unable to pay their taxes because banks do not accept deposits deriving from crypto trading
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