The United States tax collecting and legislation authority, the Internal Revenue Service, sends a new round of letters to cryptocurrency holders. Last week, the United States Internal Revenue Service sent another round of letters to crypto traders called CP2000. These notices were sent to traders of some crypto exchanges due to inconsistencies found in their […]
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“People always ask how I am coping with living on Bitcoin,” a British software developer tells a UK tabloid, “but the truth is that my lifestyle hasn’t really changed.” “People always ask how I am coping with living on Bitcoin,” a British software developer told The Mirror in an interview this week, “but the truth […]
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Barclays halts business with Coinbase as exchange needs an innovative bank to tailor to its AML and KYC needs, but will U.K. customers be better off now? It is being reported that Barclays, the London-based global bank, recently stopped banking for Coinbase, the United States-based crypto exchange. Coinbase reportedly found a quick replacement in the […]
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Global investor sentiment toward the crypto industry seems to have shifted in recent years. Here’s how the regulations surrounding this space look in 2019… As the global investor community starts to become increasingly aware of what crypto has to offer, it appears as though this burgeoning asset class is becoming more and more accepted. This […]
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Bitwise Asset Management CEO says he’s still positive about the prospects of United States regulators approving a Bitcoin exchange-traded fund. The CEO of crypto index fund provider Bitwise Asset Management says he’s still positive about the prospect of United States regulators approving a crypto exchange-traded fund (ETF). CEO Hunter Horsley made his remarks during an […]
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Major Spanish bank Santander is reportedly ceasing to enable United Kingdom customers to deposit their fiat funds to major cryptocurrency exchange Coinbase. Major Spanish bank Santander is reportedly ceasing to enable United Kingdom customers to deposit their fiat funds to major cryptocurrency exchange Coinbase. An unverified source posting to Reddit on Aug. 14 claims to […]
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The United Kingdom’s Advertising Standards Authority (ASA) has upheld a complaint against a Bitcoin advertisement from top crypto derivatives exchange BitMEX. The United Kingdom’s Advertising Standards Authority (ASA) has upheld its complaint against a Bitcoin advertisement from top crypto derivatives exchange BitMEX. According to an ASA announcement dated Aug. 14, the watchdog has taken issue […]
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Insiders at London-based banking giant Barclays have said that the bank is putting an end to its work with crypto exchange Coinbase, which will complicate. Disclaimer: this story is breaking and will be subject to updates. British banking giant Barclays has reportedly cut ties with United States crypto exchange Coinbase. As Coindesk reported on August […]
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Crypto regulation in the U.K. is changing for the better, but can the country truly step up its game and build a blockchain friendly ecosystem? The United Kingdom has long been a financial mecca. Ever since the Big Bang and the arrival of Thatcherism in the ‘80s, Britain has cultivated a finance-friendly environment revolving around […]
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The United Kingdom pension and welfare agency has identified blockchain and distributed ledger technology as technologies that could disrupt the payments industry. The United Kingdom pension and welfare agency has identified blockchain and distributed ledger technology (DLT) as technologies that could disrupt the payments industry. In an Aug. 9 blog post, Richard Laycock, the deputy […]
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