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Bitcoin Daily: S. Korea Eyes Crypto Capital Gains Tax; Crypto Lawyers See Rise In Demand

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A South Korean court referenced the coins saying they “have been recognized only as a function of currency and have not been subject to income tax, but recently, virtual assets (like Bitcoin) are increasingly being traded as goods with property value. And, the U.S. Abra, which works by letting users bet on price movements of listed U.S.

Taxes 170
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Bitcoin Daily: Overstock CEO Shares Movement In Bitcoin Efforts; Russia Might Be Open To Crypto Trading

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Byrne told CNN Business that the social media giant’s launch of its own digital currency validates the space — and Overstock would be open to partnering with Facebook on the project. Byrne predicted that security tokens will reduce friction in capital markets while also improving price discovery.

Bitcoin 100
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Bitcoin Daily: China Construction Bank Grows Blockchain Platform; IRS Tax Forms Now Ask About Crypto

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In other news, the Marco Polo Network has announced that it has secured its first Russian-German import-export operations financing project. with a flexible access to working capital financing instruments to the parties,” added Anna Sokolova, NLMK director for treasury.

Taxes 109
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Five At Five: Amazon Opens Alexa Voice To iOS

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Coverage includes Amazon opening up voice applications for iOS users, Overstock’s blockchain unit nabbing a huge investment, Intuit securing a bitcoin processing patent, Facebook and L’Oréal using augmented reality for makeup tests and Dish accepting Bitcoin Cash as payment. Dish, one of the leading providers in the U.S.,

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Facebook Working On WhatsApp P2P Digital Currency

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The social media giant has even spoken with crypto exchanges about selling the coin to consumers, telling them that it hopes to have a product out in the first half of the year. It’s pretty much the most fascinating thing happening in crypto right now,” said Eric Meltzer, co-founder of venture capital firm Primitive Ventures.

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Blockchain Begins Earning Some Bitcoin-Like Skepticism

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The publication noted blockchain’s “talismanic effect in today’s stock market” and investors’ heightened appetite to “capitalize on the popularity of currencies like bitcoin and Ethereum” as other reasons to take Kodak’s latest venture with a bit of healthy skepticism. Broader Doubts Emerge. That is the theory,” he continued.

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Libra Association Pursues FINMA Payment License

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The social media giant wants to move forward and launch Libra in June despite global questioning and hesitation. We are engaging in constructive dialogue with FINMA and are encouraged to see a feasible pathway for an open-source blockchain network to become a regulated, low-friction, high-security payment system.”.

Payments 182