As tax day rapidly approaches, there’s no lack of uncertainty amongst tax professionals regarding cryptocurrency investors purchasing digital assets through foreign exchanges. Regardless of the government’s seemingly straightforward legislative position, ambiguity continues to riddle the field when in-depth analysis is made. WHAT DOES THE LAW SAY? The IRS has clearly outlined that transacting with cryptocurrency is treated […]

Crypto markets turn positive over the news of some big industry giants from the world of finance joining the crypto space. In the last seven days, Bitcoin’s price movements have been quite dicy and unpredictable as the cryptocurrency was spotted to be trading dangerously close to its ‘death cross‘ levels. According to the Bitcoin charts on CoinMarkeCap, Bitcoin’s […]

The cryptocurrency and blockchain associations in South Korea, China and Russia are formed to take a legal action against social media giants – Google, Facebook and Twitter – for banning cryptocurrency and ICO-related ads. This was revealed by the president of The Russian Association of Cryptocurrency and Blockchain, Yuri Pripachkin before several media representatives on March […]

By Alex Mardikian Kiosks are being touted as the future of digital signage, and with good reason. Kiosks have come up as the ideal self-service solution for people that seek information and services. Kiosks lend themselves nicely for providing an interactive and fruitful experience for audiences in diverse settings such as healthcare, retail, and even […]

IBM has partnered with non-profit Sovrin Foundation to build a global blockchain network. IBM will serve as a “founding steward,” supplying hardware, security, and network capacity towards a digital identity network for individuals and businesses, Sovrin foundation chair Phil Windley told Reuters in an interview. Other international IT firms are already involved in the project, with Deutsche […]

Company plans to spend $100,000 to $200,000 per investment Interests include ‘stablecoins’ and decentralized exchanges The best-known U.S. cryptocurrency exchange is forming Coinbase Ventures, a team that will focus on providing funding to crypto and fintech startups as the San Francisco-based company looks to nurture the development of new products and services “We’re not wedded […]

Four executives from two of South Korea’s cryptocurrency exchanges have reportedly been detained over alleged embezzlement of customer assets amounting to billions of won. Kim Ik-hwan, the CEO of Coinnest, and South Korea’s fifth biggest digital currency exchange is one individual that has been detained and questioned over embezzlement charges, reports Reuters. The remaining suspects involved […]

The price of Bitcoin has fallen from nearly $20,000 to roughly $8000 in just three months. Why? There aren’t many pieces of technology that can rouse the kinds of emotionally charged debates that Bitcoin can. Lauded as a tool to financially empower individuals by some, and decried as a scam by others, the currency has […]

The vast majority of government officials still have little or no experience with cryptocurrency or blockchain technology. While some voices in the crypto community argue that regulating cryptocurrency defeats the purpose of crypto in the first place, many others see regulation as a positive thing for the industry in the long run. They believe that […]

NEW DELHI (Reuters) – Indian Prime Minister Narendra Modi on Tuesday ordered the withdrawal of rules punishing journalists held responsible for distributing “fake news”, giving no reason for the change, less than 24 hours after the original announcement. The move followed an outcry by journalists and opposition politicians that the rules represented an attack on […]