Posted Date: June 15, 2018
Taxpayers in Russia have started declaring incomes and profits from crypto transactions even before cryptocurrencies are legalized in the country, results from this year’s tax campaign show. The Finance Ministry has again clarified the applicable tax rules, while the State Duma is still fine-tuning the upcoming regulations. Also read: Russian Railways Eyes Crypto for Tickets, […] The post Crypto Incomes Declared on Tax Returns in Russia appeared first on Bitcoin News.

Posted Date: June 15, 2018
With demand for cryptocurrency mining hardware having sharply declined following the onslaught of 2018’s bear market, reports are indicating the companies operating in the supply chain behind mining hardware are increasingly seeking alternative revenue streams to offset falling demand from the mining industry. Also Read: SEC Executive: ‘Cryptocurrencies with Decentralized Structures Not Securities’ Cryptocurrency Bubble Pops […] The post Mining Hardware Supply Chain Seeks Alternative Revenue Streams Amid Declining Demand appeared first on Bitcoin News.

Posted Date: June 15, 2018
Research has indicated that Irish attitudes regarding cryptocurrency are increasingly positive, with the Irish cryptocurrency user base estimated to have quadrupled in last four years. Also Read: Ireland Clarifies Taxation of Crypto Transactions Study Finds Irish Crypto Sentiment to be Moving “From Suspicion to Curiosity” A study carried out by Amárach Research in partnership with communications […] The post Study Finds Irish Crypto Userbase to Have Quadrupled in Four Years appeared first on Bitcoin News.

Posted Date: June 15, 2018
The South Korean government is reportedly seeking to bring cryptocurrency exchanges under the direct supervision of the country’s Financial Intelligence Unit. This will obligate crypto exchanges to follow anti-money laundering directives like banks do. This is the first time a government agency has said it will oversee crypto exchanges. Also read: Yahoo! Japan Confirms Entrance Into […] The post South Korean Government Agency Seeks Direct Supervision Over Crypto Exchanges appeared first on Bitcoin News.

Posted Date: June 15, 2018
Over the past ten months, the Bitcoin Cash network has received a lot of support from cryptocurrency companies that provide infrastructure support including exchanges. Even though other digital currencies have yet to obtain such success in so little time, some BCH proponents are in search for an exchange that uses bitcoin cash as the base […] The post A Look at a Few Exchanges That Use Bitcoin Cash as a Base Currency appeared first on Bitcoin News.

Posted Date: June 15, 2018
As the exchange rates for all cryptocurrencies declined this year, so did the attraction of GPU mining using graphics cards. As a result, the prices of cards that can be used for both gaming and mining have been cut drastically and leveled off, bringing them back into more affordable territory.    Also Read: Censorship of […] The post Get Them While You Can Gamers, Graphics Cards Prices Have Crashed appeared first on Bitcoin News.

Posted Date: June 15, 2018
A court order to freeze assets stored in an account on a cryptocurrency exchange in Tokyo could not be enforced, it was learned on June 13. The exchange said it was ‘technically difficult’ to foreclose the account. A mechanism for freezing accounts on the platform has apparently not been developed yet. Experts urge crypto exchanges […] The post Despite Court Order Tokyo Exchange Says It’s ‘Technically Difficult’ to Close Accounts appeared first on Bitcoin News.

Posted Date: June 15, 2018
The Securities and Exchange Commission’s head of the Division of Corporate Finance, William Hinman, stated during the Yahoo All Markets Summit today in San Francisco that cryptocurrencies like BTC and ETH are not securities. Soon after the SEC executive made the statements, cryptocurrency markets saw some gains as BTC rose $350 immediately after the news […] The post SEC Executive: ‘Cryptocurrencies with Decentralized Structures Not Securities’ appeared first on Bitcoin News.

Posted Date: June 15, 2018
Solar Alliance announced Star Trek icon, actor William Shatner, as their celebrity spokesperson for the startup using the sun’s energy to power bitcoin mining. This isn’t Mr. Shatner’s first encounter with cryptocurrency, and even still he readily admits not understanding what it is he’s shilling. Also read:  Crypto and Virtual Reality Meet in Ken Liu’s […] The post William Shatner Joins Bitcoin Mining Project, Admits He Doesn’t Quite Get It appeared first on Bitcoin News.

Posted Date: June 15, 2018
Energi Mine is using ETK to revolutionise the global energy market through decentralisation and blockchain technology. The ultimate goal is to reduce global energy demand and carbon emissions by creating a system of financial incentives for businesses and consumers to save energy. Energi Mine will provide ETK to consumers in exchange for engaging in energy saving behaviours such as using public transportation, purchasing energy efficient appliances to reducing energy consumption. The post PR: Blockchain Comes to the Real World with EnergiToken appeared first on Bitcoin News.