The Romanian government has imposed a tax rate of 10 percent on Bitcoin investments. The country has reportedly reviewed it’s tax laws and tagged returns derived from transactions using virtual currencies as “income from other sources” in the amended legislation, thus, putting them under an income tax. The New Tax Law A local tax consultant,…
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Blockchain technology could have a massive effect on the future of finance, says, Yahoo co-founder Jerry Yang. Jerry Yang Gave Out Some Advice According to a recent report, Yahoo co-founder, Jerry Yang at the Innovation Asia Forum, which took place in Singapore, summarized the factors which he believes are necessary for the growth of blockchain.…
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A recent report wrote Justin Sun, the Chief Executive Officer of BitTorrent Foundation has announced to both the Tron (TRX) and crypto communities via twitter that there will be a BitTorrent (BTT) airdrop and the first one is scheduled to take place on the 11th of February this year. BitTorrent To Initiate its first Airdrop…
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The United Nations, in a recent report, refers to cryptocurrency as a “new frontier” in digital finance. According to the UN’s end of the year’s report on the global economy, the organisation is of the belief that, apart from increasing efficiency significantly, blockchain technology and cryptocurrency could be the solution to solving institutionally sponsored monopoly.…
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SBI Crypto Investment Ltd is now a major stakeholder in Tangem— the producer of blockchain smart card wallets. According to a recent report, Tangem raised $15 million from the investment group. Tangem is Pioneering Mass Crypto Adoption Tangem is one of the few blockchain companies working on increasing crypto adoption. The company’s blockchain smart card…
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Many events have taken place in the crypto market of late. In this article, we will be mentioning just five of the key events that shook the crypto world this 3rd week of 2019. Bitpay Processed Over $1 Billion Transactions in 2018 Bitpay recently made available a report, stating that the popular cryptocurrency payment processor…
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Huobi’s crypto asset trading service, Huobi Derivative Market (Huobi DM), had reported a trading volume exceeding USD $20 billion. This number is recorded despite the incessant downtrend the market has been experiencing since last year. Huobi DM Record USD $20 billion Trading Volume Huobi DM which recently reported that it has achieved a milestone of…
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Investing cryptocurrency can be quite confusing for beginners and frustrating for old timers as well. Just like with any financial market, the crypto market is not really “predictable”. Most of the time, trading decisions are made based on previous market reactions to the same events and settings. This, however, takes a second place right after…
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In its bid to develop the world’s largest blockchain platform for swift uploading and downloading of files, BitTorrent, Inc, has recently announced that it will be launching BitTorrent Speed and its new crypto token. BitTorrent Software to Start Awarding Tokens Company, during its orniTROn blockchain conference which was held in San Francisco, made it known…
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The Czech Republic will host Blockchain & Bitcoin Conference Prague March 22, 2019, for the fifth time – the event about blockchain and cryptocurrencies organized by Smile-Expo. The conference will feature blockchain specialists, entrepreneurs, and investors from different countries. Conference topics At the event, experts of leading blockchain companies will discuss global trends of the cryptocurrency market and…
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