Japanese Legislator Calls for Bitcoin Tax Exemption
A legislator in Japan’s ruling political party has called for bitcoin purchases to be exempt from an 8% consumption tax, a news source says.
A legislator in Japan’s ruling political party has called for bitcoin purchases to be exempt from an 8% consumption tax, a news source says.
Japan is the only one among seven major industrialized nations to tax bitcoin. There is an increasing number of critics within the country arguing that the consumption tax hurts Japan’s competitiveness, writes Toshihisa Kinouchi of Nikkei. While Japan currently ponders deeming bitcoin and virtual currencies as currencies similar to conventional fiat currencies, there is another […]
Bitcoin price declines reluctantly and has not achieved a new high since Sunday. Successive lows are printing in the chart and the bulls seem to be using each as an enthusiastic buying opportunity, making for a jagged decline. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a […]
Bitcoin price is pushing toward its three-month resistance ceiling. Technical and sentiment analysis argue for a return to decline, and fundamental analysis shows that Bitcoin’s value is more fragile than many realize. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a […]
Don’t we all remember Mt Gox, the Pompeii of bitcoin which almost burnt the cryptocurrency to ground? For those who don’t, Mt Gox was a Japanese Bitcoin Exchange which held the distinction of being the largest exchange in 2013. The exchange later shut down claiming its bitcoin reserves were stolen by hackers. Investigators are still […]
Artists are being inspired by bitcoin’s mystery, but are they converting into digital currency users?
The Great Wall of China is one of the seven wonders of the world. The ancient wall (portions of it) dates back to 7th century BC. The wall was completed by the first emperor of China, Qin Shi Huang in 206 BC. Portions of the wall have been rebuilt from time to time by various […]
Tourism is one of the largest industries in the world. It was stated to be worth over $7.6 trillion in 2014. Increased purchasing power combined with cheaper air travel has shrunk geographical boundaries. While travel becomes cheaper, more and more people now prefer to go for a vacation overseas than in their own country. Tourism […]
What tech challenges face the bitcoin Lightning Network? Jameson Lopp analyzes in this in-depth feature piece.
Kryptokit, a browser extension that functions as a bitcoin wallet and encrypted messenger, has launched Jaxx, a unified platform that provides wallet services for bitcoin and Ethereum users, according to Nasdaq. Anthony Di Iorio, chief digital officer of the Toronto Stock Exchange, founder of Decentral and co-founder of Ethereum, announced in a Reddit posting the launch […]