In a bid to fight the threat of cryptocurrency tax crime, the United States Internal Revenue Service (IRS) has joined with tax authorities from Australia, Canada, the Netherlands and the United Kingdom to form the Joint Chiefs of Global Tax Enforcement (J5), according to a press release. The J5 is a response to a request […]
Zug, a city in Switzerland’s Crypto Valley, completed its first blockchain-based municipal vote on July 2, 2018, the Swiss News Agency reports. Hailed as a “success” by local officials, the vote was held using a trial digital ID system announced in June of this year. City authorities, who have issued digital identities to residents since […]
All things constant and including this weekend’s events, odds are Ethereum might add to their gains today. It’s a tad bit stable on a day-to-day basis but with firm foundations over the weekend, chances are ETH are padding ready to make a comeback. Technically, we remain bearish that’s until buyers show their intent and breach […]
Besides IOTA whose buyers have been consistent in the last three days, others are literally stagnant. EOS is still trending below $9 despite the clout surrounding RAM while Litecoin is likely to break above $90 today. Could yesterday’s rally have to do with South Korea declaration that it will invest $200 million by 2022 on […]
Digital asset broker Octagon Strategy has said that the company “remains bullish” on bitcoin despite the current decline in price and the possible obstacles that await it in the future. Bitcoin’s continued dip in price has led to a new set of bearish sentiments as regards its future and the possibility that it can reach […]
The only thing I really know about running a startup is that you’re supposed to suffer. It’s hard as hell to create a good company. The recipe sounds so simple, though: find a problem, create a solution, build a product around it and monetize it. It seems like it’s almost impossible to fail. The reality […]
PwC, a Big Four auditor alongside KPMG, Deloitte, and EY, reported that 537 initial coin offerings (ICOs) conducted in the first five months of 2018 generated $13.7 billion. Where Did $13.7 Billion Come From and Where Did it Go? The report cited Daniel Diemers, the head of Blockchain EMEA at PwC Strategy, who in cooperation […]
Switzerland appears to be moving closer to offering traditional banking services to the large numbers of blockchain companies that have set up there. The finance director of Zug, one of the centres of the nation’s blockchain industry, has spoken optimistically about the market’s future regarding banking. Zug Finance Director: “We Hope to Clarify Relationships by […]
Zug, home of the “Crypto Valley” in Switzerland, has successfully completed its first test of a blockchain-based voting system.
The EU’s Policy Department for Economic, Scientific and Quality of Life Policies released a report entitled “Virtual currencies and central banks monetary policy: challenges ahead.” Authored by Marek Dabrowski and Lukasz Janikowski, the report comes at the request of the European Parliament’s Committee on Economic and Monetary Affairs, and its findings are a focal point […]