For a while now, Governments across the world have been cracking down on crypto taxes. For instance, there have been some high-profile investigations into Swedish crypto investors while the IRS in the United States has sent over 10,000 letters to suspect crypto tax evaders. The UK is also seeing some moves in this direction, and the HMRC (Her Majesty’s Revenue and Customs) has recently asked top crypto exchanges for details on UK-based crypto investors. Experts believe that this means that the HMRC might be heading in the same direction as the IRS.
Even though there are more and more retailers that accept cryptocurrency, there are still those that are reluctant to do so. Bitcoin’s – and other crypto’s – security gets in its own way as the complex structure of wallet addresses makes them impractical during in-person transactions.
QR codes solve that problem by allowing mobile phone users to access wallets through their devices. Unfortunately, QR Codes also give scammers a way in. It doesn’t mean “never trust a QR code.” It just means “keep your wits about you when using QR codes.”
Mark Carney, Governor of the Bank of England (BoE) and former Chair of the Financial Stability Board, has some thoughts about cryptocurrency.
They come as a surprise to people who are familiar with Carney’s past comments on crypto. However, they may be just a sign of the times – even if some say they’re a little dated.
Anthony Pompliano, co-founder of Morgan Creek Capital Investment, recently appeared on CNBC’s The Exchange. There, the Bitcoin guru talked about cryptocurrency legislation and adoption. He even made the claim that
[Bitcoin] is going to end up in every institutional investor’s portfolio.
Cryptocurrencies are easiest to adopt in representative countries. However, the greatest need and greatest adoption of cryptocurrencies like Bitcoin
According to a new study conducted by an international body of researchers, the existence of Bitcoin is good for everyone. That includes people who don’t use
The future of
The good news is that there is a solution that could disrupt and “stabilise” the cryptocurrency market. This solution is already in use. We are talking about stablecoins.
The internet is full of educational content when it comes to Bitcoin. From news sites to blogs and articles on markets and speculation.
The internet, especially social media, is also a great place for individual stories of Bitcoin success stories and learning opportunities. Here, we’ve found some of our favourites from around the web.
An interesting new statistic entered the
We all know that people can use cryptocurrencies like Bitcoin – and they sometimes do – for illicit transactions. That accounts for things like internet scams as well as things like money laundering, funding terrorism, human trafficking, etc.