Joseph Young · 56 mins ago · 2 min read
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Nick Chong · 6 days ago · 2 min read
Bitcoin’s regulatory scheme in the US will soon come into focus in the Presidential elections later this year.
A group of Congress members in the US have sent a letter to the Internal Revenue Service (IRS) asking for a fairer tax on staking rewards, a Coin Center letter revealed Tuesday. However, a tax must be levied when such rewards are sold, instead of acquired, said the Congressmen.
The Indian cryptocurrency market is teeming with entrepreneurs, funds, and tech know-how to create a vibrant crypto-ecosystem.
The DeFi market is warming up and participants are increasingly considering allocating part of their funds towards the crypto sub-sector.
Crypto dot com is temporarily suspending its Europe and United Kingdom issuances of MCO debit cards after its former card operator — Germany’s Wirecard AG — slipped into bankruptcy and filed insolvency this week.
United States President Donald Trump’s dislike for Bitcoin and other cryptocurrencies is well-documented, and unlike China or South Korea, the President has no immediate plans of introducing digital currency framework or legislation despite the latter increasingly emerging as a hedge.
China’s secretive stance on digital currencies is starting to reveal traces of long-term aspirations.
It is no secret that the market for stolen cryptocurrency is estimated in the tens of billions of US dollars.
Some of the most prominent crypto companies in existence are now facing a torrent of coordinated class-action lawsuits, which accuse them of issuing and selling unregistered securities to unsuspecting investors.