It is not easy to navigate in the world of cryptocurrencies. The number of new coins and tokens is increasing and this tendency most likely will continue in 2020. As a result, current and potential crypto owners should be careful when dealing with unknown cryptocurrencies. Cryptocurrencies became more popular, even in the most isolated and …
This year will be remembered as a tough year for cryptocurrencies and crypto-related companies. Cryptocurrencies are becoming more popular around the world. This trend will continue in 2020 despite all of the challenges. Recently, Google started to remove crypto videos from YouTube. This decision complicated the relationship between the tech giant and the crypto community, …
South Korea’s National Tax Service (NTS) decided to withhold tax worth 80.3 billion won or $70 million from the Bithumb. It is worth mentioning that Bithumb is the country’s largest crypto exchange. Yesterday, Vidente the largest shareholder of Bithumb Holdings which operates the Bithumb Korea, confirmed this information. Also, according to Vidente, the tax will …
This year comes to an end and let’s have a look at how the crypto market changed in 2019. One of the debated issues is the crypto regulations around the world. Last week, the Financial Markets Authority, which is the financial regulator in France, released the rules regarding the licensing of crypto companies. Furthermore, the …
This week France’s financial regulator, Financial Markets Authority, released the rules on Wednesday regarding the licensing of crypto companies. Moreover, the following day regulator also released the guidelines about this process. The rules and guidelines are based on France’s PACTE law. As a reminder, France was one of the first countries in Europe to approve …
Cryptocurrencies, as well as crypto-related companies, have to deal with various problems. The path to crypto adoption is not easy and it will take time and effort to convince private and governmental organizations. Recently, Google decided to remove videos about cryptocurrencies from its video website. YouTube is the world’s biggest video website. For example, 300 …
Google’s relationship with Bitcoin and as well as other cryptocurrencies is far from being ideal. However, Google’s recent decision will cause even bigger animosity as the company decided to remove Bitcoin and cryptocurrency videos. YouTube is the world’s biggest video website. To have a better understanding, it is desirable to remember that 300 hours of …
It is important to note that Bitcoin is one of the most popular cryptocurrencies in the world. Moreover, it retains the status of the biggest cryptocurrency when it comes to market cap. Despite all of the achievements, Bitcoin is struggling to gain attention based on search results. Moreover, searches for words such as Bitcoin and …
It is a well-known fact that Bitcoin is the biggest cryptocurrency in terms of market capitalization. On December 24, Bitcoin was unable to strengthen its position as the price declined below the $7,700 resistance area. Moreover, the price traded below the $7,400 and $7,300 support level. Bitcoin’s price struggle to stay above the $7,260 support …
Several days ago, Canadian multinational media conglomerate Thomson Reuters formed a partnership with Verady. On December 19, it made an announcement which will please crypto owners as well as their accountants. According to this statement, Thomson Reuters plans to create the new cryptocurrency tax tool in cooperation with Verady. As a reminder, this company specializes …
Thomson Reuters, which is the multinational media conglomerate, made an announcement several days ago. On December 19, Reuters announced that it plans to create the new cryptocurrency tax tool in cooperation with Verady. This company specializes in the accounting and reporting of cryptocurrencies and blockchain assets. As a result, Thomson Reuters GoSystem Tax RS product …
In the previous article, we discussed different types of cryptos. Now, let’s discuss how cryptocurrency generally behaves on the market. People who are new to crypto trading should remember that the price of cryptocurrency depends only on the people. No one is controlling the cryptocurrencies. As a result, price depends on supply and demand. The …
Crypto-related companies are evolving around the globe. There are many cryptocurrency exchanges as well as crypto mining and other companies. Nevertheless, banks are still skeptical about crypto-related business activities. Moreover, several financial institutions already issued statements regarding crypto purchases. The clients of these banks won’t be able to purchase digital assets using credit or debit cards. …
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The Hong-Kong based cryptocurrency exchange Bitfinex enabled crypto purchases with debit and credit cards for its customers around the world. It followed the footsteps of other crypto exchanges such as Binance, which is one of the main players in this industry. Bitfinex released a statement regarding this news. According to the statement, customers will be …
Cryptocurrencies offer a number of advantages in comparison with fiat currencies. One of the most important is that crypto money is not under the control of any central bank in the world. This and other factors made cryptocurrencies popular around the globe. One politician from Russia and his non-governmental organization benefited from this industry. …
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