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Israel Tax Authority Convinces Local Exchange to Report Big Traders

Tax agencies around the world keep applying pressure on bitcoin and crypto companies to make their operations transparent to them. The latest example comes from Israel, where a local exchange with over 50,000 clients has been convinced to report its bigger traders to the national tax authority. Also Read: Decentral Launches Its New Crypto Wallet [Read More...]

Syscoin Hack Disrupts Binance Prompting Temporary Shutdown

Syscoin has been hit by an unusual hack that has manipulated the coin’s total supply. The attackers then sent the fraudulently generated coins to Binance and sold them, pushing the price of 1 SYS to as high as 96 BTC. The BTC they received was then withdrawn, prompting Binance to temporarily cease trading and to reset all APIs, which are [Read More...]

PR: Vertex Launches ICO Aftermarket

This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com does not endorse nor support this product/service. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. ICO is a concept that elicits strong [Read More...]

EU Report Advises Regulators Not to Ban or Ignore Cryptocurrencies

A recent report published by the European Parliament advises policymakers and regulators not to ignore cryptocurrencies or attempt to ban them. It discusses how crypto should be treated, their taxation, as well as their potential impact on financial systems and central banks’ monopolies on money issuance. Also read: Yahoo! Japan Confirms [Read More...]

Paul Krugman Trolls Ripple, Accidentally Making a Case for Bitcoin Cash

“If a digital currency isn’t actually used for any transactions, is it, you know, actually a currency?” tweeted Nobel laureate economist with the ears of American progressive politicians, Paul Krugman. He was prompted by a colleague’s recent article regarding a push by Ripple’s XRP to urge users to do more than just speculate. Mr. [Read More...]

Five Nations Join Efforts to Punish Transnational Bitcoin Tax Crime

Tax enforcement authorities from five nations announced that they have created a united alliance, the Joint Chiefs of Global Tax Enforcement, known as “the J5.” The J5 said they are committed to combating transnational tax crime “through increased enforcement collaboration,” in other words: working together to gather information, share [Read More...]

Decentral Launches Its New Cryptocurrency Wallet Jaxx Liberty in Beta

One of the main parts in the vision many Bitcoin supporters have is that the cryptocurrency will become the de facto single currency of the future. But for now its success has brought an explosion of altcoins and ICO tokens. Hoping to tap into the challenge to handle all this crypto cacophony, Decentral developed Jaxx Liberty.   Also Read: [Read More...]

Why Institutional Money Is Coming and What This Means for Bitcoin

Institutional money is coming. At least that’s been the refrain from desperate cryptocurrency traders for the past six months, praying for an influx of new fiat to shore up prices and float their alt bags. But is it really the case that institutional investors are waiting on the sidelines for the right framework to buy in? At Blockchain Expo in [Read More...]

Shapeshift CEO Defeats Peter Schiff in Bitcoin Debate

“Bitcoin, or a similar form of cryptocurrency, will eventually replace governments’ fiat money as the preferred medium of exchange” was the resolution for a rollicking debate between Shapeshift CEO Erik Voorhees (affirmative) and Euro Pacific Capital Inc CEO Peter Schiff, prominent cryptocurrency skeptic (negative). In a victory for the [Read More...]

Withdrawals Delayed – Bitflyer Scanning for Yakuza Customers

Bitflyer has been delaying deposits and withdrawals of virtual currency in the midst of ongoing KYC verifications. The company received business improvement orders from the Japanese financial watchdog in June as a result of insufficient measures against money laundering. Bitflyer reportedly has delayed resuming business as it is thoroughly [Read More...]
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