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

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China Construction Bank ’s vice president has revealed that the bank has added new abilities to its trade finance blockchain platform, including cross-chain and inter-bank transactions. The project will work to build a digital end-to-end trade finance and supply chain finance solution on a blockchain platform. “We

Taxes 109
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Bitcoin Daily: S. Korea Eyes Crypto Capital Gains Tax; Crypto Lawyers See Rise In Demand

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South Korean crypto users might soon see 20 percent taxes on their currency, according to Cointelgraph. ” But Sung Tae-yoon , an economist with Yonsei University, warned that taxing cryptocurrencies could slow the country’s tech markets. They falsely claimed to have a Harvard-educated CEO backing them. And, the U.S.

Taxes 170
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Bitcoin Daily: Brazil Debuts Blockchain Solution For Gov’t Bids; BitFunder CEO Gets 14 Months For Crypto Fraud

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The Brazilian state of Bahia has rolled out a blockchain application to monitor the public bidding process of contracts with the government, Cointelegraph reported. Design and Cayenne Technology reportedly created the Online Bid Solution (SOL), which is said to be a technology based on the blockchain. at the World Bank. ”

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Bitcoin Daily: South Korean Crypto Startup Steals $2.7M In Exit Scam; Venezuela Wants World’s Oil Market To Use Petro

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This time, South Korean blockchain company Pure Bit has reportedly stolen $2.7 According to The Next Web , hours after moving all raised funds out of its wallet, the company shut down its website, deleted its social media accounts and kicked all users off its chat group. Another exit scam has hit the crypto world.

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Using The Blockchain To Bring Banking To Everyone

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It was still three months before I could get a proper Norwegian bank account because I was temporary tax member. The Power of the Blockchain. Given its colorful history and connection with bitcoin, blockchain may seem like an out-of-the-box choice on which for Taqanu to build its service.

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Crypto Touted As Cuba’s US Embargo Lifeline

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In an interview, McAfee also revealed that he believes that income tax is illegal and will run for the Libertarian Party nomination for U.S. You have to base it on the proper blockchain, have it structured such that it meets the specific needs of a country or economic situation,” explained McAfee. tax authorities. president. “It

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Bitcoin Daily: Crypto Investor Sues IRS; Crypto Advocates Eye US Senate Bills That Target Encryption

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The user received a now-infamous crypto letter from the IRS last August, which informed him and others that the IRS had “information” on their crypto accounts and that the government agency believed taxes had not been paid on the crypto, according to CoinDesk.

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