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Trying to take its share of the profits, the government of Latvia may accept cryptocurrencies as a legal means of exchange. This year’s tax filing campaign is underway and officials don’t have much time. Two parliamentary commissions and the Ministry of Finance have expressed their views on the matter this week. Latvians may very soon … Read more
Russian police have detained two people after a raid on a cryptocurrency mining farm that hosted over 6,000 miners. The perpetrators were guilty of not paying for electricity, reports say. #NEWS Go to Source Powered by WPeMatico
Cryptocurrency is the main source of income for 12% of Russian speaking crypto users, according to a new survey. More than 90% of the respondents say they want to use digital coins as a means of payment, and a quarter of those interviewed are already doing that. 40% of the participants view cryptos like bitcoin … Read more
We were warned that robots would take our jobs. Now that the future is here, the reality is more mundane, but no less terrifying: the bots are here to take our tokens. Automated bots are swamping ICO groups on Telegram and helping themselves to a share of the tokens being discussed, while other bots are … Read more
An Indian businessman has accused police officers of kidnapping and beating him in order to force him to pay them a ransom of over $2 mln #NEWS Go to Source Powered by WPeMatico
The suspension on Sunday of @Bitcoin, one of the oldest and most popular Twitter accounts, has raised a raft of questions. Suspensions of high profile Twitter accounts are rare and are usually accompanied by some sort of official explanation, with doxxing or harassment usually cited. With no official word on why @Bitcoin was suspended and … Read more
Crypto groups in Switzerland, Kazakhstan, and Armenia will join those in three other countries to sue social media giants for banning crypto ads. #NEWS Go to Source Powered by WPeMatico
Cryptocurrency associations and businesses from Switzerland, Kazakhstan and Armenia have joined the initiative to sue Internet corporations over restrictions on crypto-related advertisements. The class action lawsuit will be filed in New York. Legal costs will be covered with funds raised through donations to a wallet registered in Estonia. Also read: Twitter Confirms Restrictions on ICOs … Read more
Private digital currencies are better than any state-issued version, admitted a high-ranking representative of the Swiss National Bank. Cryptocurrencies are also less risky, according to Andrea Maechler, member of the central bank’s governing board. Her comments indicate that Switzerland has no intentions to emit a state-sponsored crypto. Also read: Centralized Cryptoruble Not Possible, Minister … Read more
A change bureau trading bitcoin has been opened in the Russian capital. According to local media, this is the only currency exchange in Moscow buying and selling cryptos for cash. Lawyers say nothing in the law prohibits this kind of service, and the business is legal. Also read: Russians Owe 13% Tax on Their Crypto … Read more
