Tag: Currency

Georgia Exempts Bitcoin From VAT to Become the Next Country to Affirm Its Currency Status

Georgia Exempts Bitcoin From VAT to Become the Next Country to Affirm Its Currency Status Cryptocurrency taxation is a subject that concerns a growing number of users, traders and investors. An area that creates a lot of confusion among taxpayers is the application of VAT, or the value-added tax most […]

‘Zimdollar’ Reboot: Bitcoin Fills Liquidity Gaps as New Zimbabwe Currency Flounders

‘Zimdollar’ Reboot: Bitcoin Fills Liquidity Gaps as New Zimbabwe Currency Flounders P2P bitcoin trade is surging in Zimbabwe via mobile exchange platforms like Ecocash, despite recent government efforts to curb the use of competing currencies locally. As of June 24, the reinstated Zimbabwe dollar (formerly RTGS dollar) is now the […]

Africa’s Interest in Bitcoin Remains High as 15 States Plan to Adopt the ‘Eco’ Currency

Africa’s Interest in Bitcoin Remains High as 15 States Plan to Adopt the ‘Eco’ Currency By 2020, a large group of West African countries plan to adopt a single fiat currency called the eco. After a meeting in Abuja held on June 29 between the 15 member-country regional bloc, the […]

8 Irate Quotes From Officials Who Hate Facebook’s Digital Currency

8 Irate Quotes From Officials Who Hate Facebook’s Digital Currency The best thing about Facebook’s proposed digital currency isn’t its BTF consensus algorithm, account-based data model or single Merkle tree structure. No, the greatest thing about Libra has to be the triggered reactions from politicians and bankers who can sense […]

IRS Plans to Issue Guidance on Virtual Currency Taxation

IRS Plans to Issue Guidance on Virtual Currency Taxation Internal Revenue Service (IRS) commissioner Charles Rettig has explained to U.S. representatives that the tax department plans to issue clearer guidance toward cryptocurrency taxation soon. Since 2014, Americans have been asking the tax agency for better clarification in regard to official […]

Digital Currency Donors and Crypto-Backed Endowments Fuel Higher Learning

Digital Currency Donors and Crypto-Backed Endowments Fuel Higher Learning Digital asset holders and organizations have been donating funds to a number of well-known universities. These days a slew of popular colleges like Stanford, MIT, Cornell, Puget Sound, and Princeton all accept digital currency donations or have high-net-worth crypto backers funding […]

Google Singles out Bitcoin With New Keyboard Currency Symbol

Google Singles out Bitcoin With New Keyboard Currency Symbol In what some view as a landmark move, Google developers have added the bitcoin currency symbol to the iOS keyboard. The move, by a company so successful it’s evolved its domain name into a verb, reflects Bitcoin’s mainstream trajectory. Also read: 10 […]

How the Marshall Islands Envisions Its National Digital Currency Dubbed ‘Sovereign’

How the Marshall Islands Envisions Its National Digital Currency Dubbed ‘Sovereign’ The idea behind the SOV project lies in the Marshall Islands government’s pursuance of “manifesting national liberty” and creation of an alternative state currency to the U.S. dollar Cointelegraph.com News