tax Archives - Page 31 of 92

Upbit Extends Its Partnership With Chainalysis for Enhanced Crypto Compliance

April 23, 2020cashtechnews

Legal, regulated crypto is starting to move through the Asia-Pacific region. Chainalysis announced the extension of its cooperation with South Korean crypto exchange Upbit today, aiming to provide blockchain analysis support across the Asia-Pacific region (APAC). According to the announcement, Upbit APAC will start using Chainalysis KYT (Know-Your-Transaction) to provide a safe trading environment and […]

Chinese Blockchain-Based Pilot Platform Completes First Cross Border Trades

April 22, 2020cashtechnews

Companies involved in the blockchain pilot platform praise new systems and claim success with first trades. Recently, a blockchain-backed cross border platform pilot was implemented in the Chinese city of Qingdao. The companies involved have now made their first trades with partners in North America and Southern Asia. As reported on April 22 by local […]

Congress and IRS Virus Relief Allow Loss Carrybacks, Tax Refund Claims

April 20, 2020cashtechnews

In response to the coronavirus pandemic, the IRS is updating some important guidelines and procedures to make them easier. Many investments these days seem volatile, but there are few asset classes that have been as volatile as crypto. If you have losses, you might have trouble claiming them, offsetting gains or reducing your income. In […]

Hobbyist Miners Are Exempt From Tax in Singapore

April 19, 2020cashtechnews

Singapore’s tax authority has updated its guidance regarding digital tokens, exempting “hobbyist” miners from taxation. The Inland Revenue Authority of Singapore, or IRAS, issued updated tax guidance for digital tokens on April 17. The guidelines concern payment tokens, utility tokens, security tokens, and tokens issued through initial coin offerings, or ICOs. Fluctuations in the value […]

Data Suggests Some Americans May Be Buying Crypto With Stimulus Check

April 18, 2020cashtechnews

Data suggests that a portion of the American population may be spending their coronavirus stimulus check on cryptocurrency. A chart published by Brian Armstrong, CEO of United States crypto exchange, Coinbase, suggests that a small portion of the American population may be using their coronavirus stimulus checks to purchase cryptocurrency. A tweet, published by Armstrong […]

COVID-19 Pandemic Spurs Crypto Law Updates in J5 Countries

April 18, 2020cashtechnews

The members of the Joint Chiefs of Global Tax Enforcement are updating their crypto laws to prevent financial crimes and money laundering. Cybercriminals are taking full advantage of the COVID-19 pandemic, which has forced life into a digital realm, by leveraging increased fear and uncertainty to steal money and launder it through the complex cryptocurrency […]

BitGo Offers Tax Tracking Services for Institutional Clients by Acquiring Lumina

April 16, 2020cashtechnews

BitGo has bought Lumina, a company that provides tax and portfolio management solutions for institutional investors. BitGo, a company previously known for its custody business, is purchasing Lumina, an integrated tax service for institutional traders. The deal is part of BitGo’s year-long strategy to diversify its crypto business. The deal, whose value remains undisclosed, was […]

5 Rules Crypto & Stock Investors Should Follow During a Crisis

April 15, 2020cashtechnews

Equities markets are correcting strongly and the upcoming Bitcoin halving has investors worried, but don’t freak out, learn how to manage your risk. The global economy is experiencing massive shockwaves due to the continuing global coronavirus pandemic. Markets are at record levels of volatility, seeing historic swings in both directions on a near-daily basis. In […]

Bitcoin Cash ‘Sleeper’ Tax Remains Hot Issue for BCH Community

April 15, 2020cashtechnews

Despite community rejection, a controversial IFP miner’s tax remains embedded in the code for the upcoming network upgrade. Despite being roundly rejected by a vocal majority of the Bitcoin Cash community, a controversial miner’s tax is still causing rifts among the coin’s adherents. In January, a conglomerate of Bitcoin Cash mining companies suggested an enforced […]

No One Knows What Will Happen With Fiat or Crypto — Buy Peanut Butter, Says McAfee

April 15, 2020cashtechnews

John McAfee, arch libertarian, tax fugitive and staunch advocate of cryptocurrencies, is offering 101 survival tips in lieu of investment advice during the pandemic crisis. John McAfee, arch libertarian, tax fugitive and staunch advocate of cryptocurrencies, is offering 101 survival tips in lieu of investment advice during the pandemic crisis. McAfee appeared on the left-wing […]

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Tag: tax

Upbit Extends Its Partnership With Chainalysis for Enhanced Crypto Compliance

Chinese Blockchain-Based Pilot Platform Completes First Cross Border Trades

Congress and IRS Virus Relief Allow Loss Carrybacks, Tax Refund Claims

Hobbyist Miners Are Exempt From Tax in Singapore

Data Suggests Some Americans May Be Buying Crypto With Stimulus Check

COVID-19 Pandemic Spurs Crypto Law Updates in J5 Countries

BitGo Offers Tax Tracking Services for Institutional Clients by Acquiring Lumina

5 Rules Crypto & Stock Investors Should Follow During a Crisis

Bitcoin Cash ‘Sleeper’ Tax Remains Hot Issue for BCH Community

No One Knows What Will Happen With Fiat or Crypto — Buy Peanut Butter, Says McAfee

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