The like-kind exchange tax exemption has never been applicable to crypto, an IRS official said. The like-kind exchange tax exemption is not applicable to cryptocurrency transactions, according to the United States Internal Revenue Service (IRS). An official at the IRS Office said that U.S. taxpayers have never been authorized to postpone paying tax as part […]
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Iranian authorities are offering a bounty to anyone who exposes unauthorized mining operations in the country. Iranian authorities are offering a bounty to anyone who exposes unauthorized mining operations in the country, Iranian news outlet PressTV reports on Nov. 13. A spokesman of the Energy Ministry announced the bounty program during an interview with local […]
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Cryptocurrency exchange OKEx announced the launch of its Tether-margined Bitcoin futures contracts. Cryptocurrency exchange OKEx has launched Bitcoin (BTC) futures contracts that are margined with the Tether (USDT) stablecoin. OKEx announced the new offering in a press release on Nov. 14. OKEx first announced its intention to launch USDT-settled futures trading with up to 100x […]
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A slow losing streak continues to impact markets as Bitcoin shows little sign of bullish potential, still failing to overcome $9,000 resistance. Bitcoin (BTC) fell below $8,600 on Nov. 14 as its slow grind downwards continues to see new lows haunt markets. Cryptocurrency market daily overview. Source: Coin360 Bitcoin trends downwards at $8.6K Data from […]
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Softbank-backed Chinese fintech OneConnect has filed for an Initial Public Offering with the United States Securities and Exchange Commission. Softbank-backed Chinese fintech OneConnect has filed for an Initial Public Offering (IPO) with the United States Securities and Exchange Commission (SEC). As Bloomberg reported on Nov. 13, OneConnect is the blockchain- and AI-focused fintech arm of […]
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Sharing his personal experience, Clement Ip recommends that crypto investors ‘don’t be lazy.’ Speaking today at BlockShow Asia 2019, Genesis Block HK co-founder Clement Ip shared a negative personal experience during a panel on how Asian trading firms make profits. His company is a blockchain venture capital firm, crypto quant hedge fund, and mining company […]
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The Elixxir president thinks ‘true’ quantum computers will be used in secret. Elixxir President Jim Dolbear thinks the question of when quantum computing will become real is a bad one. Speaking on behalf of Elixxir founder David Chaum at BlockShow Asia 2019, Dolbear suggested that it is highly likely that whoever perfects quantum computing will […]
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American entrepreneur John McAfee has launched a polemical meme cryptocurrency dubbed “WHACKD,” marketed with the rubric “Epstein Didn’t Kill Himself.” American entrepreneur and vocal crypto advocate John McAfee has launched a polemical meme cryptocurrency dubbed “WHACKD.” The token’s full rubric — “Epstein Didn’t Kill Himself” — was revealed in McAfee’s Nov. 11 Twitter announcement on […]
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Co-founder and CEO Kris Marszalek wants everyone to have a crypto-enabled VISA card. Crypto.com co-founder and CEO Kris Marszalek unveiled his company’s 2020 expansion plan in a talk today at BlockShow Asia 2019 in Singapore. The plans include launching its own exchange, shipping VISA MCO cards to almost every region in the world, and launching […]
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Europe has the potential to become a global leader in crypto-assets if it succeeds to create a common approach to regulating the sector, argues the AFME. Europe has the potential to become a global leader in crypto-assets if it succeeds to create a common approach to regulating the sector. So goes the argument in a […]
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