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Bitcoin Daily: S Korea Eyes New Crypto Income Tax; Less Network Traffic Causes Drop In Bitcoin Fees

PYMNTS

Earlier in the month, they had hit a high of around 201 BTC on May 21, reports from blockchain intelligence firm Glassnode say. Users pay fees to miners for transactions on the blockchain, and miners also receive a fixed amount of BTC for each block mined, which halves every four years.

Taxes 142
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Bitcoin Daily: Gemini Exchange Joins Silvergate Exchange Network; UK’s National Liberal Party Reveals Crypto Policy

PYMNTS

Kadena has announced the launch of an upgraded version of its blockchain solution to the Microsoft Azure Marketplace. The “Kadena Scalable Permissioned Blockchain” is now available on Azure Marketplace for free. The sheer volume of transactions makes this a national security threat,” the party wrote in a post on its website.

Policies 116
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Bitcoin Daily: Digital Currency Group Buys Luno Exchange; Venezuela Bars MercaDolar, Coinbase Access

PYMNTS

Blockchain firm Digital Currency Group (DCG) has bought the Luno cryptocurrency exchange, which it will keep running as an independent subsidiary, according to a Wednesday (Sept. DCG, for its part, has invested in over 160 blockchain companies throughout the globe and is the parent firm of a number of wholly-owned subsidiaries.

Groups 151
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Sprint And T-Mobile Merger, Spend Management And State Tax Top This Week’s News

PYMNTS

We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . A ‘Diaper’ By Any Other Tax Code: The Complexities Of Selling Across State Tax Laws. Did Blockchain Peak In 2019? And this year was no exception.

Taxes 101
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3 top tech trends for public accountants to watch in 2017

Abrigo

These three trends are: the progress of blockchain technology, the continued shift to the cloud, and advances in automation. One of the best explanations of what blockchain technology is comes from a startup that is developing blockchain technology for financial transactions. Below are brief descriptions of each trend.

Trends 219
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Crypto Gets A Second Look From Corporate Investors Seeking Yield And Hedge

PYMNTS

21 landmark announcement that allowed national banks and federal savings associations to hold certain crypto assets for the first time. “We In addition, Voyager points out that it is licensed by FinCEN and FINTRAC and can also provide treasury desk clients with the tax and compliance reporting they need.

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Governments Fuel Blockchain’s Global Proliferation

PYMNTS

Governments may not be too keen on bitcoin, but blockchain is another story. In fact, government authorities have begun to help fuel the proliferation of blockchain across the world. Local officials are hoping to use blockchain to improve public services and boost transparency.