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All You Need to Know About Filing Crypto Taxes in the UK

All You Need to Know About Filing Crypto Taxes in the UK

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.

Mind Your Ps and QRs: A Guide to Avoiding Cryptocurrency Scams

cryptocurrency wallet concept - bitcoin, ethereum and QR code

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: Proposed Cryptocurrency Could Protect Global Economy

mark carney

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.

A Prediction for the Future of Bitcoin in Institutional Investing

bitcoin and other cryptocurrencies - success graphs with charts climbing up

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.

How Bitcoin Improves Financial Freedom Around the World

bitcoin

Cryptocurrencies are easiest to adopt in representative countries. However, the greatest need and greatest adoption of cryptocurrencies like Bitcoin takes place in countries with repressive governments.

The Mere Existence of Cryptocurrency is Good for Everyone

bitcoin surrounded by cryptocurrency coins

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 it, because it impacts economic policy. It further found that governments could benefit from encouraging cryptocurrency.

The Future of Stablecoins: Returning Utility to the Crypto Market

3d gear with global currency - stablecoins concept

The future of stablecoins isn’t really about stablecoins, but cryptocurrency as a whole. The ebb and flow of the cryptocurrency market continues to be volatile and far from predictable.

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.

Great Bitcoin Stories from Around the Internet

Bitcoin gold coin with defocused abstract background. Virtual cryptocurrency concept.

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.

Bitcoin Ranked Higher than South Korea’s National Currency in New Study

bitcoin

An interesting new statistic entered the cryptoverse recently. Bitcoin is the eleventh largest monetary system, putting it just above South Korea.

Study: Illicit Users Account for 2% of Bitcoin Use

Golden bitcoins on chart - finance trading

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.