South African Tax Authority Not Sparing Crypto Traders

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Governments don’t play games when it comes to tax. The South African government is going to full lengths to make sure cryptocurrency traders pay every tax permissible under law. A Tax Agency at Work According to Commissioner, Mark Kingon, the agency is exploring ways to better identify those that are profiting from digital assets.  They … Continue reading “South African Tax Authority Not Sparing Crypto Traders”

India could Approve Cryptocurrencies by September 2018

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Even as the naysayers have called for its demise, the cryptocurrency market has made significant breakthroughs. In fact, its undeniable success, despite hiccups, means governments and investors can no longer ignore or prevent its existence. Big brands can’t afford to lack involvement. Financial institutions now have a fear of missing out. The global acceptance of … Continue reading “India could Approve Cryptocurrencies by September 2018”

Federal Court Denies Motion to Remand Ripple (XRP)

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Ripple (XRP) is no stranger to controversy. But the team can breath a bit easier after the U.S. Northern District California court dismissed a case against it. You may remember that in May 2018, XRP investor Ryan Coffey claimed he lost $551.89 while trading XRP. He alleged that Ripple manipulated XRP value through the use … Continue reading “Federal Court Denies Motion to Remand Ripple (XRP)”

Wall Street Journal Reveals a Huge Pump and Dump Plot Against Cryptocurrencies

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The Wall Street journal revealed a disturbing new story about cryptocurrency fraud. Per their report Sunday, literally dozens of pump groups have been manipulating cryptocurrencies for many months now. Using messaging apps like Telegram, these fraudsters have successfully affected the prices of many digital assets across a few of the biggest exchanges. They have gained … Continue reading “Wall Street Journal Reveals a Huge Pump and Dump Plot Against Cryptocurrencies”

G20 Believes Cryptocurrencies Will Help Global Economy

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The G20 Group of 20 Industrialized Nations just released an official position on cryptocurrencies. Investors have waited not too patiently to hear what it decided. The verdict is that cryptos can bring significant benefits to the world financial system and the global economy. The finance ministers and central bank heads Buenos Aires meeting originated this … Continue reading “G20 Believes Cryptocurrencies Will Help Global Economy”

European Safe Haven Malta Embraces BTC, Cryptos, Binance, and Blockchain Technology

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The government of tiny European and Mediterranean island nation, Malta, has opened its arms wide to all things cryptocurrency related. The Prime Minister, Joseph Muscat, famously declared that he wants to see the sunny expatriate paradise turned into “Blockchain Island.” Already, the country is making huge strides to accomplish this ambitious goal. July 4th witnessed … Continue reading “European Safe Haven Malta Embraces BTC, Cryptos, Binance, and Blockchain Technology”

Cryptocurrency Ban In India: Hearings Resume Today

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Starting on a lighter note, Asian superpowers India and China have become theaters of cryptocurrency-fraud drama of sorts. As it stands, it’s near impossible to say which one of the two countries is most entertaining to the world. Essentially, there are frequent cases of cryptocurrency-related frauds, prompting their governments to take decisive positions. While China … Continue reading “Cryptocurrency Ban In India: Hearings Resume Today”