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

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“We launched our first distributed ledger technology in trade finance as early as 2017. Our decision to take part in the pilot project was prompted by our intention to optimize the process of interaction with partners based on blockchain technology.

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Why Timing Is Everything On Tax Day

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Tax Day for Americans is here, or at least it will be on Tuesday, April 17. This year is a bit of an unusual year as far as taxes are concerned, since April 15 actually falls on a Sunday. Back then, taxes weren’t due on April 15. Tax season used to be a month and a half shorter.

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The Week In Payments: China, China, Challenger Banks And Bitcoin

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And finally, there’s bitcoin, which has seen its use, transacting, trading and popularity fall off of late — except for among one group: criminals. And, speaking of things that may not be the future of financial services… Bitcoin, The Currency Of Digital Crime . But that future won’t be built by bitcoin.

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New Zealand Paves Way For Crypto Payroll

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New Zealand tax authorities published a ruling this month that includes guidance for employers that wish to pay their staff in cryptocurrency. Tax regulators noted that businesses can use foreign exchanges to facilitate their crypto payments, and offered guidance on how to calculate PAYE taxes and levies when paying in crypto. “If

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Nigerian Presidential Hopeful Wants Blockchain And Crypto To Help Economy

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“In harnessing the potentials of the new economy, we shall promote the production of a comprehensive policy on blockchain technology and cryptocurrencies by the relevant government agencies,” he said. Ohio is also in the mix , and will soon allow taxpayers to use bitcoin to cover tax bills.

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Should Obama ‘Heed The Call’ On Bitcoin?

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Stop ISIS, bring peace to the Middle East, clean up the economy, create more jobs, fix the education system, lower taxes, etc., Promoting bitcoin. Of course, when the former commissioner, Bart Chilton, says bitcoin, he’s talking blockchain and all digital currencies. So, why digital currencies? Just like the Internet.

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DMG Blockchain Targets Cannabis Supply Chain Traceability

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Blockchain company DMG Blockchain Solutions is rolling out a new supply chain management solution designed for the legal cannabis market. “The emerging cannabis industry demands product management solutions and blockchain is the most logical choice,” said DMG CEO Dan Reitzik in a statement.