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There are many players in the world of digital currencies, like LiteCoin, Ripple, PeerCoin and DogeCoin. But in the world of cryptocurrencies, Bitcoin is king! Unfortunately, for many unsuspecting Canadians, investing or trading in Bitcoin could hold a potential risk. It could run you afoul of the Canada Revenue Agency for Bitcoin tax. A WILD … Read more
According to data from CoinMarketCap, the total market capitalizations of cryptocurrency market held steady above $400 billion. The sector has rebounded over 50 percent from its low of about $280 billion earlier this month. The price of Major cryptocurrency also bounced back on Monday. According to CoinDesk, bitcoin, the world’s largest cryptocurrency by market cap, rose 7.46 percent … Read more
Bitcoin and other “cryptocurrencies” have been much in the news lately, in part because of their wild gyrations in value. Michael Lee and Antoine Martin, economists in the New York Fed’s Money and Payment Studies function, have been following cryptocurrencies and agreed to answer some questions about digital money. Q: Let’s start simply. What even … Read more
SAN JOSE, Costa Rica, Feb. 2, 2018 /PRNewswire/ — The online service Big Book is announcing the launch of an unprecedented BitCoin Sportsbook experience that offers live wagering of the NFL Championship game with the surging cryptocurrency. According to the creators of the one-of-a-kind service, the biggest advantage for users is not having to worry about chargebacks from large financial institutions. In addition, the … Read more
Uphold Partners with Greg Kidd to Increase Loss Assurance and Crypto Protection to Industry-Leading Levels SAN FRANCISCO, Jan. 29, 2018 /PRNewswire/ — Uphold, the digital money platform, today announced that it has entered into a $57.5 million partnership with Greg Kidd, investor in Ripple, Square, Coinbase and others, to increase its loss assurance for consumers to around 20% of total current crypto … Read more
Structure Cryptocurrency Offshore – The Only Tax Rules Compliant and Double Tax Agreements Non-Reporting and Excluded Account The pension regime is very important internationally and one thing the OECD organization has done amazingly well is Double Tax Agreements. They have come out with an amendment to the OECD model double tax agreement that introduces a … Read more
Budbo platform generating massive interest from crypto and cannabis communities NEWPORT BEACH, Calif., Jan. 24, 2018 /PRNewswire/ — Budbo, Inc., an enterprise suite of products focused on data analytics in the cannabis sector, has officially sold out its token pre-sale 10 days before its scheduled end date. Tier one of the token crowd sale is now underway, as contributors … Read more
Risky Crypto Market to Get the Clarity Only Impartial Ratings (Cryptocurrency Grades) Can Provide PALM BEACH GARDENS, Fla., Jan. 17, 2018 /PRNewswire/ — Weiss Ratings, the nation’s leading independent rating agency of financial institutions, will issue letter grades on cryptocurrencies, including Bitcoin, Ethereum, Ripple, Bitcoin Cash, Cardano, NEM, Litecoin, Stellar, EOS, IOTA, Dash, NEO, Monero, Bitcoin Gold and many others. … Read more
NEW YORK, Jan. 15, 2018 /PRNewswire/ — BCX, operated by BitcoinX Foundation, is a promising fork of Bitcoin, today announced that it’s Mainnet launched successfully on January 15, 2018. This indicates BCX is able to offer unlimited possibilities for the Bitcoin community. With its successfully Mainnet launch, BCX now supports SegWit, Lightning Network, Replay Protection, Unique Address Format, DAA difficulty Adjustment and blake2b GPU mining. Slow transaction … Read more