It isn’t a secret that the government has a serious grudge against tax defaulters. And their latest target? Crypto holders and investors. In the US, the IRS is already going after people who they believe have defaulted. Their strategies include sending out letters (about 10,000 of them) to crypto investors who they believe have been hiding their earnings through trading virtual … [Read more...] about The world is no longer ignoring unpaid crypto tax
Crypto news in brief (September 24, 2019): Binance, bitcoin ETF, Bakkt, Facebook, Libra
- Binance.US launched 13 trading pairs - The Cboe’s BZX Equity Exchange withdrew its VanEck/SolidX bitcoin ETF proposal - Bakkt has launched bitcoin futures trading - Facebook has announced how its Libra cryptocurrency basket will be composed … [Read more...] about Crypto news in brief (September 24, 2019): Binance, bitcoin ETF, Bakkt, Facebook, Libra
Bakkt to launch bitcoin futures in September
Bakkt, a cryptocurrency trading platform backed by ICE, is scheduled to launch on September 23. … [Read more...] about Bakkt to launch bitcoin futures in September
Luno CEO: bitcoin is an investment
Around 90% of bitcoin buyers use the cryptocurrency for investment rather then for purchasing goods and services, says Luno exec … [Read more...] about Luno CEO: bitcoin is an investment
Coinbase with over $7 billion in crypto assets after buying Xapo custody business
Coinbase, a U.S.-based cryptocurrency exchange, has reached over $7 billion in crypto assets under management after acquiring Xapo custody business for $55 million, reports Fortune. … [Read more...] about Coinbase with over $7 billion in crypto assets after buying Xapo custody business
Bitcoin and gold march in lockstep in the last three months
The price of bitcoin has been moving in the same direction as gold since June. That could not go unnoticed. … [Read more...] about Bitcoin and gold march in lockstep in the last three months
Crypto news in brief (July 31, 2019): Ripple, Fortaleza, bitcoin mining, money laundering
- Ripple has partnered with Kyoto University and the University of Tokyo - Fortaleza will start accepting bitcoin as payment for bus tickets - Bitcoin mining is likely responsible for 0.03-0.06% of global energy-related CO2 emissions - Fiat currency is used 800 times more often in money laundering schemes than bitcoin … [Read more...] about Crypto news in brief (July 31, 2019): Ripple, Fortaleza, bitcoin mining, money laundering
Bakkt to put bitcoin futures to test July 22
Adam White, COO of Bakkt, shared the details of the upcoming testing. … [Read more...] about Bakkt to put bitcoin futures to test July 22