Tag: tax evasion

A New Bitcoin World

Cryptocurrency Is Providing a Lucrative New Revenue Stream for Governments

Cryptocurrency: New Lucrative Income Source for GovernmentsCryptocurrency’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 held at home and abroad, and […]

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January 29, 2019 0

Dancing With the Devil: ‘Cashing Out’ Cryptos Into Fiat Not So Easy

Dancing With the Devil: 'Cashing Out' Cryptos Into Fiat Not So EasyBitcoin and other cryptocurrency assets are precious and some of them have grown over 1300 percent in value this year. Although, with the price on exchanges being higher than ever before its now a bit more difficult for those who want to ‘cash out’ or make significantly large purchases without being watched by the prying […]

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December 28, 2017 0

Putin Tells Central Bank Not to Create Unnecessary Barriers to Cryptocurrencies

The President of the Russian Federation, Vladimir Putin, held a meeting on Tuesday to discuss cryptocurrencies. It was attended by top regulators including the central bank governor, her deputy, and the finance minister. While Putin acknowledged the risks associated with cryptocurrencies, he stressed the importance to not “build up unnecessary barriers” for new technologies. Also […]

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October 11, 2017 0