Cryptocurrency and taxes – it’s complicated

Cryptocurrency and taxes – it’s sophisticated

The IRS has its eye on cryptocurrency investments. If you traded or bought any type of cryptocurrency final 12 months, right here’s what you have to know earlier than tax day. In 2014, the IRS issued one discover — IRS Notice 2014-21, 2014-16 IRB 938 — about cryptocurrency (let’s name it “the 2014 Notice”). This […]

Blockchain’s big potential in Africa

Blockchain’s large potential in Africa

At the start of March, a number of the brightest minds from the blockchain world joined representatives from the monetary, authorized, and international know-how industries to debate widespread blockchain adoption. But the occasion wasn’t held in fintech hub London, or startup mecca San Francisco. It was in Johannesburg, South Africa, on the fourth version of […]

Blockchains aren’t just tech, they’re new economic systems

Blockchains aren’t simply tech, they’re new financial techniques

Forget for a second in regards to the worth of the cryptocurrencies that you could be or could not personal. Instead of considering of blockchains as funding bets or simply cool know-how, consider them as totally new, and beforehand not possible, financial techniques. Because that’s what they’re. Just like every financial system, a blockchain requires […]

Blockchain Project aims to disrupt hedge fund investing

Blockchain Project goals to disrupt hedge fund investing

Presented by CG Blockchain  According to Coinbase CEO, Brian Armstrong, “There is $10 billion of institutional money waiting on the sidelines to invest in digital currency.” However, contemplating the prevailing buying and selling infrastructure and excessive demand, standard buyers can not simply entry cryptocurrency investing. Despite this, it’s turning into more durable and more durable […]

15 arguments against taxing cryptocurrency trades

15 arguments towards taxing cryptocurrency trades

Last 12 months, Congress handed a law treating each crypto-to-crypto commerce as a taxable occasion. That’s a mistake. Cryptocurrencies are too novel, fraught, and prone to unintended penalties to be taxed the identical means as shares and treasured metals are. Here are 15 the reason why these trades shouldn’t be taxed. 1. Scam cash abound […]

They aren't cheap to buy or run, but these are the best Bitcoin miners

They aren't low-cost to purchase or run, however these are the perfect Bitcoin miners

Where as soon as mining Bitcoin was one thing that you could possibly conduct at dwelling, along with your client PC or perhaps even a decently highly effective graphics card (GPU), immediately Bitcoin mining is an business unto itself. It wants low-cost electrical energy, good airflow for cooling, and most significantly, highly effective . For […]