Although IRS previously warned cryptocurrency holders of punishment for misreporting or unreported tax, amongst the 9,339 of the participants only 19% filed and paid their crypto taxes. 53% felt the IRS will never catch them.
As blockchain becomes more relevant in society, it is more important for the younger generation to be educated and familiar with this innovation. Thus, on March 31st, the Chinese Graduate Association at USC partnered with GoodChain and invited blockchain
The Bank of England will be testing blockchain features for Real Time Gross Settlement (RTGS). The new program allows transfers to be processed in real time. RTGS will be especially helpful for high-value transactions that require instant clearing. The st
Fan Yifei, the Deputy Governor of People's Bank of China, said at the 2018 National Teleconference , “[To ensure the safety of Yuan] The first step is to intensity reform and innovation. Promote the central bank’s cryptocurrency, continuously improve comm
According to Nikkei, five exchanges are closing since the crackdown began. The closing exchanges include Bit Station, who withdrew the application after FSA suspend the cryptocurrency exchange due to its security flaws. Both Raimu and BitExpress also with
Bitfinex, the largest cryptocurrency exchange by trading volume, announced on their official blog today, “We have never had plans to include the PTR [Petro] or similar tokens in the Bitfinex trading platform.”
Roberto Escobar Gaviria is the brother of Colombian drug lord, Pablo Escobar. He recently released a memoir and launched a cryptocurrency called Dietbitcoin. Dietbitcoin is a clone of Bitcoin. According to Motherboard, “[Dietcoin made] no changes or impro