Gibraltar Stock Exchange has launched listings of blockchain-powered securities on the GSX Global Market. The Gibraltar Stock Exchange (GSX) is launching listings of blockchain-powered securities on its practical listing venue GSX Global Market, the firm announced on April 9. Today, the GSX starts listing a number of new products known as digital, smart or tokenized […]
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Crypto mining seems popular among students, but does this “free” money thing really work? Last month, reports surfaced on crypto mining research conducted by tech conglomerate Cisco with the following headline: “College kids are using campus electricity to mine crypto.” Indeed, many students don’t have to worry about paying power bills, as per their university […]
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A cryptocurrency tax software startup has integrated with major tax filing software TurboTax. Cryptocurrency-focused tax software CryptoTrader.Tax has integrated with leading American tax software Intuit TurboTax, according to a press release on April 4. The integration will purportedly allow users to export tax calculations from CryptoTrader.Tax to the TurboTax filing software, which will supposedly make […]
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New exchange-traded-products that track the value of XRP and Litecoin are now available for trading. New exchange-traded products (ETPs) that track the value of XRP and Litecoin (LTC) are now available for trading on the Boerse Stuttgart-owned Swedish exchange Nordic Growth Market (NGM). The news was revealed in a press release shared with Cointelegraph on […]
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A recent report by the WEF states that at least 40 central banks around the world are currently or soon will be experimenting with central bank digital currencies. Dozens of central banks around the world are currently or soon will be experimenting with central bank digital currencies (CBDCs), according to a recent report from the […]
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The Number of Credit Karma Tax filers that reported short-term crypto losses in the first month of 2019 surged 521 percent over the same period in 2018. The amount of Credit Karma Tax filers that reported short-term crypto losses in the first month of 2019 surged more than fivefold over the same period in 2018, […]
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What are the United States tax reporting obligations for those who held, donated or sold/exchanged crypto. Last year was a bear market for cryptocurrencies. Many investors who did not know how to hedge their cryptocurrency investments saw these investments lose value from the market highs of 2017. Facing the deadline to report their taxes by […]
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Innisfil residents will be able to pay property taxes in Bitcoin through third-party service Coinberry Pay. The Ontario town of Innisfil, Canada, is now running a pilot program which will enable residents to pay property taxes with cryptocurrencies. The Innisfil Council voted to approve the program on March 27. Per the CBC, Innisfil, in partnership […]
Continue ReadingMergers are becoming more common in crypto, but what happens when things go wrong? Mergers. They’re a tricky business at the best of times, but when conducted in a nascent industry in which regulations, guidelines and best practice haven’t been firmly established, they can be absolutely perilous. Just ask Coinbase, which acquired blockchain analytics startup […]
Continue ReadingIf crypto mining is similar to oil extraction, should nations worry about the resource curse? The former Soviet republic of Georgia, which occupies picturesque mountain valleys and rugged ridges of the Southern Caucasus, has roughly the same population as the state of Connecticut. It is renowned as the birthplace of Joseph Stalin, as well as […]
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