Coinbase Valuation Jumps from $1.6 Billion to as High as $8 Billion

The meteoric price rally by bitcoin in 2017 has made a lot of people very rich, and perhaps no one more than the owners of the trading venues themselves. Coinbase, which was valued at around $1.6 billion less than a year ago, is now priced at $8 billion by its investors.   Also Read: Bitcoin … Read more

Finland Has Identified Thousands of Bitcoin Traders Who Owe Taxes

The Finnish government has revealed the number of taxpayers who owe taxes from bitcoin-related income. The country’s Tax Administration claims to have “different ways to combine information and identify people” who owe taxes from crypto profits, which are now “well over ten times higher than last year.” Also read: Russian Regulators Draft Law to Restrict Crypto … Read more

PR: Okoin VR Project Launches 2nd ICO Round

The OKOIN project launched the second round of the ICO. According to the management of VR Technology, which owns the project, the second round will make the token more liquid and stable after entering the open exchange, and thanks to protection against speculative manipulations. The second round will last from January 25, 2018 to April … Read more

Russia Drafts Bill to Legalize Cryptocurrency Trading on Approved Exchanges

The Russian Ministry of Finance is drafting a bill to legalize cryptocurrency trading at approved exchanges. The ministry is already preparing a list of approved trading platforms. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Some Exchanges Will be Legalized The Russian Deputy Finance Minister Alexei Moiseev told reporters that … Read more