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Australia’s financial press is expecting that the Australian Taxation Office (ATO) will take a hard stance on cryptocurrency investors this tax season, with the ATO recently vowing to leverage international data-matching agreements in order to track the taxation obligations of Australian cryptocurrency traders. Also Read: The Weekly: Coinbase Custody Opens, Malta Adopts Crypto Law, Bittrex Invades … Read more
Cryptocurrency exchanges are a vital aspect of this industry. Although they make it more convenient for consumers to embrace this new form of money, there are a lot of concerns associated with these centralized platforms. Vitalik Buterin is convinced that these companies are a problem and should burn in hell. Vitalik Buterin on Exchanges The … Read more
Japan has positioned itself as one of the world’s biggest cryptocurrency hubs. That in itself is a very important development, especially since China has made itself irrelevant. It now seems cryptocurrency exchanges are not the only major trend in Japan, as mining Bitcoin and altcoins has also become a lot more appealing. Bitcoin Mining in … Read more
Youtube has been dragged into a class action lawsuit against Bitconnect for failure to protect its users from being exposed to the scam’s videos. This case might be used by Google and others to justify their bans on crypto ads, arguing that their algorithms can not distinguish between legitimate projects and frauds. Also Read: No … Read more
Huobi has made its plans to enter the US market crystal clear. Its new trading platform, known as HBUS, went live last week. The new marketplace is now accepting registrations from US residents. The “official” launch will occur on July 10. HBUS Prepares to Open its Doors While it is good to see more cryptocurrency … Read more
Malta takes more steps to becoming the “blockchain island,” IBM signs a $740 mln deal with the Australian gov’t for blockchain tech, and more in this week’s Hodler’s Digest Go to Source Powered by WPeMatico
There have been some concerns involving Microsoft’s acceptance of Bitcoin in recent months. Although the company seemingly still accepts Bitcoin deposits to top up one’s Microsoft account, some Reddit users have run into problems. One company representative even claims this option should have been removed a while ago, and that any active Bitcoin option is … Read more
Privacy is important in the cryptocurrency ecosystem to a large number of individuals, and people believe private transactions are needed badly these days in a society watched by the ‘deep state.’ Because people find privacy to be extremely important, some developers have designed bitcoin mixers and tumblers that help obfuscate cryptocurrency transactions recorded on public … Read more
Venezuela is a country which makes a lot of headlines, though not for the right reasons. Cryptocurrency has slowly begun making an impact in this country, even though it remains to be seen how successful all of these efforts will be. For the Dash team, Venezuela will remain an important location for the foreseeable future. … Read more
South Korea’s central bank says crypto poses “insignificant” risks for financial institutions, with domestic banks holding a “not really big” $1.79 bln in crypto at the end of 2017 Go to Source Powered by WPeMatico