New Hampshire House Subcommittee Approves Bitcoin for Taxes Bill

During the first week of the new year, two U.S. representatives from New Hampshire, Dennis Acton and Michael Yakubovich, proposed a bill that would allow the state’s residents to pay taxes...

Swiss Bank Falcon Launches Crypto Wallet With Withdrawals to Fiat

News Switzerland-based Falcon Private Bank has introduced support for direct transfers and storage of select cryptocurrencies, according to an official press release published on Jan. 21.The bank announced that...

Blockchain Research Now Granted Tax Credit in South Korea

News South Korea’s government has added blockchain to the fields of research and development eligible for a tax credit meant to boost innovation, English-language local media TheNews.Asia reports on...

Crypto Assets to Be Regulated Differently in the US, Potential Impact on Industry

Follow up The United States government could regulate crypto assets and tokens differently than stocks and traditional assets by altering the existing regulatory framework on securities. On Dec. 22, CNBC reported that two...

Google AI Briefly Describes Bitcoin as ‘Collapsed Economic Bubble’

Reports have documented the recent description of Bitcoin as comprising a “collapsed economic bubble” on the part of Google’s artificial intelligence (AI). The bizarre depiction of the world’s first cryptocurrency came...

Transnistria Welcomes Crypto Miners, Plans to Expand the Industry

The government of Transnistria has recognized the importance of cryptocurrency mining for the territory’s economy and budget. The unrecognized republic in Eastern Moldova now plans to expand the industry by attracting...

Binance Chooses NEO’s Delegated Byzantine Fault Tolerance for its BNB Chain

Binance, the world’s largest cryptocurrency exchange by market cap, will utilize the sophisticated Delegated Byzantine Fault Tolerance (dBFT) for its upcoming Binance Chain product, as seen on a Youtube video released...

Filing Your Crypto Taxes 101

If you bought Bitcoin and other cryptos when prices were high then there’s a silver lining around the gray state of the crypto markets now: any losses you take this year...

Israel Tax Authority Launches Offensive on Undisclosed Crypto Earnings

Local reports have asserted that the Israel Tax Authority has launched a renewed crackdown on unreported cryptocurrency earnings. The Israeli tax regulator has opened hundreds of tax accounts and sent letters...

UK Parliament Member Suggests Making Bitcoin a Payment Option for Local Taxation System

A conservative member (MP) of the United Kingdom’s (U.K.) Parliament has said that making payments to local authorities and utility providers with Bitcoin (BTC) should be possible. The MP’s statements were...
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