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Cryptocurrency Is Providing a Lucrative New Revenue Stream for Governments

Cryptocurrency’s resistance to government control is countered by the fact that a number of governments, including Chile, Romania, Spain and South Africa, are looking to cash in by taxing crypto assets. These countries are crafting laws that bind citizens to annually disclose cryptocurrency investments that, in some cases, are

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Romania Imposes 10% Tax on Cryptocurrency Earnings

Romania has amended its tax laws, allowing it to start taxing gains from bitcoin investments at a rate of 10 percent. The improved fiscal code legislation categorizes earnings generated from buying and selling cryptocurrencies as “income from other sources” and therefore subject to income tax, local media reports. Also read: Falcon

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Chile to Start Taxing Cryptocurrency Earnings in Second Quarter of 2019

Chile is to start taxing cryptocurrencies in April, when taxpayers pay their yearly income taxes, but it’s unclear at what rate. According to local media reports, the country’s revenue authority has included crypto assets in the Annual Income Tax Returns form, which will be declared as “other own income

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Despite Supreme Court Ruling, Chile’s Antitrust Court Orders Banks to Keep Crypto Exchange Accounts Open

Following the ruling by Chile’s supreme court that a bank can legally close accounts of a crypto exchange, the country’s Court of Defense of Free Competition reaffirmed that banks must reopen crypto exchanges’ accounts. The Chilean antitrust court continues to hear the case alleging that banks exploit their dominant position

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Wendy McElroy: Satoshi Revolution – Afterword

The Satoshi Revolution: A Revolution of Rising Expectations. Afterword by Wendy McElroy I meant to end this book by discussing the blockchain’s impact on physical violence, on crimes of violence. I can’t. I don’t think there is an impact. I don’t know how the blockchain can prevent back-alley rapes, for example. I

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P2P Markets Report: Latin American Markets Continue to Post Record Volume

This past week has seen Latin American peer-to-peer markets continue to set records for trade volume. For the week ending Dec. 8, Argentina and Venezuela posted a new record for Localbitcoins trade when measured in fiat, while Colombia, Peru, and Venezuela also posted records for trade measured in BTC. Also

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US SEC Delays BTC ETF Decision Again, While Nasdaq Confirms 2019 BTC Futures Launch

Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link.Top Stories This WeekUS SEC Delays Bitcoin

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P2P Markets Report: Dumping Drives Record Volume Across Latin America and Asia

The heavy selling pressure that has dominated the cryptocurrency markets in recent weeks has coincided with a surge in peer-to-peer (P2P) trade volume across the Localbitcoins markets in Asia and South America. Globally, higher trade activity over the past two weeks has also driven the strongest volume since September

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