In the latest news about cryptocurrencies, an advisory committee to the U.S. Internal Revenue Service (IRS) suggests that the agency should provide clearer guidelines on how cryptocurrency transactions may be taxed. This was according to a report published by the Information Reporting Program Advisory Committee (IRPAC)
Cryptocurrency News
-
-
Germany Central Bank Completes Blockchain Trial
Last updated: October 26, 2018, 5:28 am Cryptocurrency NewsIn the latest blockchain news, the central bank of Germany, Deutsche Bundesbank, and securities marketplace organizer Deutsche Boerse (DB) have managed to successfully complete the trial of a blockchain solution in the settlements area.
-
Blockchain Firm Gets Approval For Central Security Depository
Last updated: October 25, 2018, 5:27 am Cryptocurrency NewsIn the latest cryptocurrency news, the U.K.-based settlement infrastructure provider called SETL has finally been granted a license from France’s securities regulator. This approval would allow the firm to legally operate a central securities depository system using blockchain tech.
-
Coinbase Greenlighted To Offer Crypto Custody In New York
Last updated: October 24, 2018, 6:53 am Cryptocurrency NewsAfter a quite some time, Coinbase has finally gotten an approval from New York regulators. The approval is a go-signal for the company to form a qualified custodial firm for cryptocurrencies.
-
Public Company’s Crypto Claims Draw SEC Scrutiny
Last updated: October 23, 2018, 7:58 am Cryptocurrency NewsIn the latest cryptocurrency news, the U.S. Securities and Trading Commission (SEC) has suspended the trading of shares for a company which claimed to be offering an initial coin offering (ICO). Apparently, official reports suggest that the latter was registered with the regulator.
-
What The West Can Learn About Crypto From China
Last updated: October 22, 2018, 8:42 am Cryptocurrency NewsThere is no doubt that cash is starting to disappear from China’s teeming cities. Foreign tourists talk of struggling to buy things because they…
-
International AML Releasing New Crypto Regulations
Last updated: October 21, 2018, 2:35 am Cryptocurrency NewsA global money-laundering watchdog has just revealed its plan to start publishing a set of rules designed specifically for international cryptocurrency regulation. It is even expected to arrive by next summer.
-
North Korean Hackers Stole $571m in Cryptos
Last updated: October 20, 2018, 3:22 am Cryptocurrency NewsThe latest news on cryptocurrency suggests that a group of Internet hackers have pilfered $882 million of digital currency from crypto exchanges, an exploit that started since last year. Apparently, one group in particular has netted roughly half that amount. It was reportedly the North Korean hacking group called Lazarus, which is responsible for stealing $571 million through an analysis of 14 different attacks.
-
Japanese Government Looking To Simplify Crypto Tax Filings
Last updated: October 19, 2018, 5:04 am Cryptocurrency NewsIn the latest cryptocurrency news, a Japanese taxation policy committee recently held a debate in hopes of finding a means to simplify all taxes related to digital assets. The news came after reports suggest that the tax filing regime, which was put in place for all Japanese citizens, proved to be quite complex.
-
Binance New Software To Detect Illicit Transactions
Last updated: October 18, 2018, 3:21 am Cryptocurrency NewsIn the latest cryptocurrency news, Binance has revealed its new software designed to deter any illicit transactions via a press release. The biggest cryptocurrency…
