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Chinese Authorities Pressure Bitcoin Miners to Scale Down Operations

Chinese Authorities Pressure Bitcoin Miners to Scale Down Operations

Authorities in Sichuan, China has been reportedly pressuring Bitcoin miners to scale down their operations due to electricity shortages. During the dry season, extending from October to April, the electricity supply drops in the province.

IRS Crypto Disclosure Letters Violated US Taxpayer Rights in 2019

IRS Crypto Disclosure Letters Violated US Taxpayer Rights in 2019

The IRS shook up the US crypto sector last year, when it issued Letter 6137 to American taxpayer’s which demanded that all citizens declare any unreported crypto gains within 30 days. One year on and an IRS watchdog has slammed the letter as a violation of the Taxpayer Bill of Rights.

Spain To Draft New Bill That Will Enforce Full Crypto Holding Disclosure From Citizens

Spain To Draft New Bill That Will Enforce Full Crypto Holding Disclosure From Citizens

Spain is drafting a bill that will make it mandatory for crypto asset holders to disclose the value of their assets for tax purposes.

Federal Reserve Holds 0% Interest Rates until 2023, Targets Over 2% Inflation—BTC Price Breaks $11,000

Federal Reserve Holds 0% Interest Rates until 2023, Targets Over 2% Inflation—BTC Price Breaks $11,000

Bitcoin price spikes as Federal Reserve officials of FOMC said they will hold US interest rates close to zero and will continue to push inflation above 2% by 2023.

Telegram Maintains Gram is not a Security, Urges Court to Deny SEC Action

Telegram Maintains Gram is not a Security, Urges Court to Deny SEC Action

Telegram, in an October 16th filing, has asked the Southern District Court of New York to deny the request by the United States Securities and Exchange Commission for a preliminary injunction on Gram, Telegram’s native cryptocurrency.

South Korea Plans to Postpone Cryptocurrency Tax Rule to January 2022

South Korea Plans to Postpone Cryptocurrency Tax Rule to January 2022

South Korea is planning to delay the implementation of its crypto income tax rules to January 2022, extending it from its previous time frame of October 2021.

How Can IBM’s Blockchain Network Support $2 Trillion in Product Logistics by 2023?

How Can IBM’s Blockchain Network Support $2 Trillion in Product Logistics by 2023?

IBM Blockchain has been around for several years, delivering on blockchain projects for enterprises in areas such as trade finance, securities, payments and supply chain traceability, as well as establishing new platforms for businesses and improving efficiencies in existing industries. Alan Lim, one of the initial members of the IBM Worldwide Blockchain team, heads IBM Blockchain Labs in the Asia Pacific. Lim kicked off his journey in blockchain as he was curious about how blockchain was being used in solving some real-world challenges.

Will Bitcoin See a Bull Run in October?

Will Bitcoin See a Bull Run in October?

Bitcoin price has had fewer price volatility than the stock market and has been more resistant to negative news than before. What will this

PayPal Reports Fourth Quarter Earnings Boosted by Bitcoin and Crypto Service

PayPal Reports Fourth Quarter Earnings Boosted by Bitcoin and Crypto Service

PayPal has experienced a rise in revenue from its Bitcoin business since adding crypto into its network in October last year.

Bitcoin's Value to Increase Fivefold by 2023, Institutional Investors Swap Gold for BTC

Bitcoin's Value to Increase Fivefold by 2023, Institutional Investors Swap Gold for BTC

Bitcoin’s price in 2020 has beaten stocks, gold, and many other assets in year-to-date return on investment (ROI). Even billionaire hedge fund manager Paul Tudor Jones has stated that he has just over 1 percent of his assets in Bitcoin.

ASX Delays Blockchain-Based CHESS Replacement to April 2023

ASX Delays Blockchain-Based CHESS Replacement to April 2023

The Australian Securities Exchange has delayed the blockchain replacement for its CHESS settlement system for financial products, until April 2023.

World's Largest Electronics Marketplace Hong Kong Electronics Fair (Autumn Edition) and electronicAsia Open in October

World's Largest Electronics Marketplace Hong Kong Electronics Fair (Autumn Edition) and electronicAsia Open in October

30 August 2019 – The 39th HKTDC Hong Kong Electronics Fair (Autumn Edition) and 23rd electronicAsia will be held concurrently at the Hong Kong Convention and Exhibition Centre from 13-16 October 2019. The two fairs will gather around 4,300 exhibitors from across the globe, showcasing a wide variety of intelligent products, innovative start-up ideas and electronic components.

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