A major city in China had recently been rocked by a significant cryptocurrency fraud that amounted to over fourteen million dollars. Thankfully the swindle was successfully investigated and eradicated by Chinese law enforcement officers. The massive sum of hundred million dollars in yuan was attained back as well as several expensive vehicles and high-end real…
One of the biggest South Korean companies, Hanwha, is making its presence felt in the cryptocurrency market by investing in a new startup. Hanwha Investment & Securities, one of the leading securities brokerage firms which are part of the Hanwha Group, is decided to invest $3.3 million in a new startup with the name of…
Continue reading South Korean Giant Hanwha Invests $3M in Crypto Disclosure Startup
Crypto is not completely accepted in some countries but it is a taxable property in others. Crypto income invites taxes but not every investor likes to go through the steps. The United States Internal Revenue Service (IRS) made it clear in 2014 that it is not a currency but property. Crypto industry has got many…
Continue reading Crypto Tax Disclosures Can Help With Internal Revenue Service
Changpeng Zhao, CEO, Binance, showcased the first beat transaction made from a crypto exchange debit card. Cryptocurrency holders can now enjoy a fiat gateway into different asset classes through the Binance business card. Changpeng Zhao, the CEO, revealed on his Twitter account, the first beat transaction from his own card, and said that he can…
Continue reading Changpeng Zhao Reveals Beat Transactions Through Crypto Cards