Singapore’s proposal to exempt crypto from a goods and services tax would benefit crypto-related businesses, says PwC corporate tax expert. Singapore’s plans to exempt certain digital currencies from the Goods and Services Tax (GST) would benefit cryptocurrency-related businesses, according to a partner in PwC Hong Kong’s corporate tax practice. As reported by Hong Kong’s English […]
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A number of successful crypto traders share their insights on how they ply their trade within the cutthroat industry… Since Bitcoin (BTC) came into the world back in 2009, the digital asset industry as a whole has grown quite exponentially — with the market reaching its apex on the break of 2017-2018. Additionally, in the […]
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Major European crypto exchange Bitstamp has partnered with digital asset brokerage BCB Group to enable direct pound sterling transfers. Major European crypto exchange Bitstamp has partnered with digital asset brokerage BCB Group to enable direct transfers in British pounds sterling (GBP). A press release shared with Cointelegraph on July 29 revealed that following the new […]
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Crypto experts’ take on the question: Is the leading cryptocurrency, Bitcoin, really a good store of value and can we call it “digital gold”? It’s hard to tell who was the first to coin — pun intended — Bitcoin (BTC) as “digital gold,” underlining the idea that Bitcoin is a good store of value. The […]
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Green policy and crypto energy consumption in the US. Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies, necessitate very high consumption of electric energy, currently produced with coal and fossil fuels with adverse environmental effects. A global shift towards green energy will require the removal […]
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U.S. prosecutors are indicting a defunct crypto exchange and a senior executive for failing to comply with AML and KYC regulations and money laundering. United States prosecutors have filed a complaint against now-defunct crypto exchange BTC-e and its suspected operator Alexander Vinnik, according to a document filed in the Northern District of California on July […]
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Bitcoin rewards shopping app Lolli now works at major American grocery chain Safeway to give customers 3.5% back in Bitcoin on all their purchases. Bitcoin (BTC) rewards shopping app Lolli has partnered with major American grocery chain Safeway to give customers 3.5% back in Bitcoin on all their purchases. Making Bitcoin ‘part of everyday life’ […]
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The U.S. Department of Justice has charged a man for alleged defrauding investors out of $7 million through a cryptocurrency settlements service. Federal authorities in the state of New York have unsealed fraud charges against the principal of a purported cryptocurrency escrow company Volantis in the amount of over $7 million. According to an announcement […]
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The Croatian Post is running a pilot program to let customers exchange crypto for cash by means of a QR code scanner in select offices. The Croatian Post has partnered with Electrocoin to run a pilot program for a crypto-to-fiat exchange in the city of Zadar. The pilot service will reportedly enable crypto holders to […]
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Brad Garlinghouse, CEO of crypto startup Ripple, is concerned about potentially stricter regulations for the digital currency industry caused by Facebook’s Libra stablecoin. Brad Garlinghouse, CEO of blockchain and crypto firm Ripple, is concerned about potentially stricter regulation for the digital currency industry that could result from Facebook’s not-yet-issued Libra stablecoin. Garlinghouse delivered his comments […]
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