Opponents of the government’s plan to tax gains from cryptocurrency trading outnumber supporters among South Koreans in their 20s, a new survey shows. Representatives of other age groups are more open to the proposed taxation of investments in virtual assets. Nearly Half of Young Koreans Reject Tax on Crypto Profits According to the poll, a […]
With the rising price and popularity of bitcoin come numerous scams. Bitcoin Superstar and Bitcoin Era are two investment schemes that have recently gained much attention. News.Bitcoin.com took a look at them, and it did not take much to spot how similar they are to each other and several other well-known scams. Also read: Bitcoin, […]
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Authorities in Poland have clarified the taxation of revenues received from cryptocurrency exchange transactions. The Ministry of Finance has recently published a 2019 tax form that has a dedicated section where taxpayers are expected to declare separately proceeds from crypto trading. Also read: Mario Draghi Leaves European Central Bank Without Ever Raising Interest Rates Polish […]
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Cryptocurrencies will be in great demand in the future, as the cryptocurrency market surprised skeptics once again. As soon as Bitcoin began its bullish trend, hundreds of other crypto coins followed the example. The authorities of large countries are starting to think about regulation, and companies like Facebook and Telegram are launching their own coins. Against the background of all this hype, only entrepreneurs and owners of companies that accepted cryptocurrency keep composure.
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ACD’s new exciting project is the brainchild of Bitcoin.com’s CEO Roger Ver and ACD’s CEO Yasuhiro Sonoda. ACD has decided to start the “ACD Coin Buy Back Project,” where a certain number of ACD coins will be bought back when payment is processed using BCH and ACD Coin at online and affiliate shops around the world.
At least 51 cryptocurrency ATMs operate in compliance with the current regulations in Russia, estimates a new report. According to the study produced by the country’s crypto industry association, the average monthly turnover of each of these teller machines is around $27,000. Also read: Crypto Startups Push Swiss VC Investments to a Record $1.25B Most […]
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Filing taxes can be tricky and in jurisdictions like the United States is notoriously complicated. But when cryptocurrencies are added to the equation things start to get even harder. Many aspects of the reporting of crypto income and profits are not yet clearly defined. However, a number of tax filing and calculation tools are trying […]
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According to local media, a Swedish cryptocurrency trader is anticipating receiving a tax bill of approximately $1 million after conducting approximately $2.9 million worth of trades across tens of thousands of transactions made since 2014. The trader claims that the tax bill will equate to 300 percent of the profits he has earned rather than […]
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In today’s Chatter Report, we explore the different ways crypto influencers have been responding to the low prices of 2018. Some are unfazed like Anthony Pompliano, who still believes that bitcoin is the best performingÂ asset. Others are reassuring likeÂ Andreas Antonopoulos, who has been busy addressing concerns about bitcoin being in a death spiral. The rest […]
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