Bookmarking Crypto Insights
Auto Added by WPeMatico
Over the past few weeks, regulators and financial institutions have been reacting to the worldwide popularity of bitcoin and other cryptocurrencies. In another regulatory-related matter, this week in Kuala Lumpur, Malaysia, the trading platform Luno had its bank account frozen by the country’s tax officials. Also read: Federal Reserve Chair: “Fed Doesn’t Really Play Any … Read more
Ukraine, now serious about crypto regulation, is setting up a special working group to oversee the completion of the necessary framework. Dedicated legislation has been making its way through parliament since October. The National Bank is considering plans to emit “e-hryvnias”, while the justice minister says bitcoin is a fact and calls for its legalization. … Read more
Are you an Australian citizen and worried you might not be paying all the taxes you are due on your bitcoin investments? Well, worry no more because the government is here to help. A group of experts has been assembled to make sure no satoshi goes untaxed in the land down under. Also Read: SEC … Read more
You think you don’t have to declare taxes on crypto? IRS might have a different opinion. #NEW YEAR SPECIAL Go to Source Powered by WPeMatico
Cryptocurrency law can be maddeningly vague. From taxation to commodities, the US constitution is characterized by ill-defined and occasionally contradictory statutes regarding digital currencies. Law reform moves at a glacial pace, leaving the status of cryptocurrencies often unlegislated. For cryptocurrency users trying to navigate murky legal waters, this ambiguity can be frustrating. A new website … Read more
Bitcoin is booming in India, and the top trading platforms in the country Zebpay, Coinsecure, Unocoin, and Bitxoxo have seen unprecedented trade volumes and exchange sign-ups. However, in the midst of the bitcoin fever taking place in the region, the country’s Income Tax Department of India (ITDI) has been investigating exchanges and are researching the … Read more
Don’t get into classic investor mistake when trading Bitcoin Spreads and Binary Options and always keep IRS in mind. #EXPERT BLOG Go to Source Powered by WPeMatico
Since purchases made with cryptocurrency are dispositions, you better keep a record of dates, amounts and details of those dispositions too. Expert Robert Wood explains why. #EXPERT BLOG Go to Source Powered by WPeMatico
US tax reform bill no longer allows crypto-to-crypto exchanges to be exempted from taxation under the “like kind exchange” rule, and Russian tax authorities are coming after citizens who convert digital currency to fiat. #NEWS Go to Source Powered by WPeMatico
This week the founder of Wikileaks, Julian Assange, told his 600,000 Twitter followers that the website that exposes government corruption is suffering another “banking blockade.” According to Assange U.S. intelligence is making it difficult for Wikileaks donors, and the cypherpunk says people should donate cryptocurrencies to bypass this obstruction. Also Read: WikiLeaks Has Raised 4,000+ … Read more
