Bitcoin Cryptocurrency News

No, Crypto Investors Are Not Fleeing Coinbase In Droves

Over the last several weeks, popular crypto exchange Coinbase has been surrounded with negativity, prompting another round of the #DeleteCoinbase campaign. And while initial blockchain data made it seem as though the social media hashtag had been having an impact, a deeper dive suggests that cryptocurrency users aren’t exiting Coinbase in droves as first suspected. Read more…

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Bitcoin Cryptocurrency News

The Taxman Is After Your Bitcoin: Harvest Your Losses Before It’s Too Late

The year is coming to an end, and a lot of people have started thinking about minimizing their tax burden. If you’re a bitcoin investor, things get even more complex. The IRS recently sent out 10,000 letters to cryptocurrency investors, and this is an indication of how serious they are when it comes to cryptocurrency Read more…

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Bitcoin Cryptocurrency News

Korean Government to Tax Crypto Capital Gains from 2020

The Korean government is preparing legal tools to tax capital gains from the sale of crypto assets. Specialized legislation to target digital asset deals is expected to arrive from the tax season for 2020. Korean Authorities Hope to Tax Crypto Capital Gains Until recently, Korea was one of the most active markets for crypto speculation. Read more…

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Bitcoin Cryptocurrency News

Bitcoin (BTC) is a Superior Currency That Frees People: Tim Draper

Bitcoin (BTC) is a superior currency that frees people, commented venture capitalist Tim Draper in an interview with The Bitcoin of Crypto Street. BTC frees people and is a cheaper and frictionless way to send funds globally. BTC: Not Tied to Government or Geography Draper previewed various forms of currencies in the history of the Read more…

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Bitcoin Cryptocurrency News

IRS Will Ask If You Own Cryptocurrency on its New Income Tax Form 1040

The US Internal Revenue Service (IRS), a bureau of the Department of Treasury, recently added a question regarding cryptocurrency ownership to its standard 1040 income tax form for the upcoming tax filing season. A draft of the “Additional Income and Adjustments to Income” section of the latest 1040 form was released. It included a change Read more…

https://ambcrypto.com/monero-xmr-is-designed-to-be-a-privacy-preserving-currency-says-riccardo-spagni/
Altcoin Cryptocurrency News

Monero [XMR] is designed to be a privacy preserving currency, says Riccardo Spagni

Riccardo Spagni aka FluffyPony, the lead developer of Monero and the CTO of Tari, spoke about Monero and its privacy protocol, in an interview with Forbes. Spagni has always been a well-known advocate of the privacy coin and privacy itself, with the developer even remarking that privacy is a “basic human right” on several occasions. […]

The post Monero [XMR] is designed to be a privacy preserving currency, says Riccardo Spagni appeared first on AMBCrypto.

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Blockchain Cryptocurrency News

US Federal Government: Confusing Regulation For Crypto, Full Clearance For Blockchain

Individual US states seem to be in competition for the title of the most crypto-friendly in the Union – Ohio’s recent announcement of imminent crypto tax payments being the latest example. Meanwhile, federal authorities remain in disarray with regard to how to define, let alone consistently regulate digital assets. It is not just stakeholders and crypto Read more…