Home Experts Mati Greenspan Daily Market News: President Trump writes a letter to the President of Turkey Daily Market News: President Trump writes a letter to the President of Turkey Mati Greenspan, Senior Market Analyst at FX broker eToro, has provided his daily commentary on traditional and crypto markets for October 17, 2019.The text below…
Crypto Hard Forks
IRS Clarifies Tax Treatment of Cryptocurrencies: What You Need to Know
In the past several years, cryptocurrencies have rapidly proliferated, gaining mind and market share among a digital-first generation looking for convenience, privacy, and autonomy. Today, cryptocurrencies represent a comprehensive investment asset with diverse holding opportunities offered by niche startups and big banks alike.At the same time, consumers can use crypto to make purchases at Starbucks,…
Five hurdles blockchain faces to revolutionise banking
Blockchain is touted as the next step in the digital revolution, a technology that will change every industry from music to waste .When it comes to money, it goes well beyond bitcoin .Academics have claimed it will “do to the financial system what the internet did to media”. There are many versions of public blockchains…
The IRS Airdrops Some Guidance!
/The IRS Airdrops Some Guidance! October 17 2019 The IRS Airdrops Some Guidance! Evan Fox, J.D., LL.M. 10.17.2019 | CryptoLogic Hello faithful CryptoLogic readers! I know it has been some time since the last edition ran.I trust you have all been well.You may be wondering, “what has prompted a new post?” (or perhaps “Oh! I…
IRS Issues New Guidance on Taxation of Cryptocurrencies | Crowdfunding & FinTech Law Blog
Cryptocurrencies , Uncategorized October 14, 2019 Leave a comment The Internal Revenue Service just issued more guidance on the taxation of cryptocurrencies.The guidance comes in the form of Revenue Ruling 2019-24 and a set of FAQs .Officially, the guidance applies only to Federal income taxes.However, states are likely to follow the IRS rules. Revenue Ruling…
U.S. IRS publishes new crypto tax guidelines for forks, income, and gains
Home Cryptocurrency Regulation U.S.IRS publishes new crypto tax guidelines for forks, income, and gains U.S.IRS publishes new crypto tax guidelines for forks, income, and gains LeapRate’s Daily Forex Industry Newsletter Join now to receive first access to our EXCLUSIVE reports and updates.Screenshot of a breaking news alert e-mail from Q2 2017 Please check your email…
Biggest Blockchain Exploits Show Weakness in Smart Contracts, Says Crypto Insider | The Daily Hodl
Byron Murphy, an editor at Viewnodes, the developer of Metaverse, one of China’s earliest proof-of-work blockchain, says smart contract vulnerabilities remain a “clear and present danger.” In a post published on Hackernoon, Murphy asks, “The key question underlying the biggest blockchain exploits boils down to this: why do the best coders in the space make…
#Blockchain Where US Regulators Stand on Crypto Assets
#Blockchain Where US Regulators Stand on Crypto Assets Posted on by Startup365 The U.S.has many regulators responsible for overseeing different aspects of crypto assets, each with its own stance on how they should be regulated.Major regulators in the U.S.with strong opinions on cryptocurrency include the SEC, the CFTC, the Federal Reserve, Fincen, and the IRS.…
Where US Regulators Stand on Crypto Assets
The U.S.has many regulators responsible for overseeing different aspects of crypto assets, each with its own stance on how they should be regulated.Major regulators in the U.S.with strong opinions on cryptocurrency include the SEC, the CFTC, the Federal Reserve, Fincen, and the IRS.Sponsored Links Also read: Tax Guide: What Crypto Owners Should Know Contents 5.0.0.0.2…
IRS Releases Updated Cryptocurrency Reporting Guidelines – Esseum
IRS Releases Updated Cryptocurrency Reporting Guidelines By 0 The Internal Revenue Service (IRS) has released updated guidelines for cryptocurrency holders in the US.It’s the first update the IRS has published in five years after leaving investors with vague and confusing tax laws. The IRS earlier in August sent informative letters to a pool of cryptocurrency…