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IRS Refuses Watchdog Request to Clarify 2019 Crypto Tax Guidelines

IRS Refuses Watchdog Request to Clarify 2019 Crypto Tax Guidelines

The Internal Revenue Service will not clarify how taxes work with cryptocurrencies and digital asset transactions in the US according to a US congress watchdog’s report released on Wednesday.

Binance Smart Chain Surpasses Ethereum for Unique Active Wallets and Transaction Volume

Binance Smart Chain Surpasses Ethereum for Unique Active Wallets and Transaction Volume

The Binance Smart Chain, a platform for building smart contracts, has surpassed the Ethereum network for transaction volume and unique active wallets.

Oman Oil & Orpic Group and HSBC Digitize Trade Finance with the  Execution of their First Blockchain Trade Transaction

Oman Oil & Orpic Group and HSBC Digitize Trade Finance with the Execution of their First Blockchain Trade Transaction

Oman Oil & Orpic Group and HSBC Bank Oman have succeeded in carrying out their first trade transaction via blockchain technology.

Ethereum User Pays $9,500 In Transaction Fees to Send $120 of ETH

Ethereum User Pays $9,500 In Transaction Fees to Send $120 of ETH

An Ethereum user has found himself paying $9,500 in transaction fees to send only $120 of Ether.

$1 Billion in Bitcoin Moved, Making It the Largest Dollar Value Crypto Transaction in History

$1 Billion in Bitcoin Moved, Making It the Largest Dollar Value Crypto Transaction in History

On-chain crypto data analytics recently picked up a Bitcoin transaction worth more than $1 billion.

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.

The UK's HMRC Begin Tax Talks for Cryptocurrency

The UK's HMRC Begin Tax Talks for Cryptocurrency

November 2019 has seen newly published guidelines come into place, with Her Majesty’s Revenue and Customs (HMRC) collecting advice and consulting with third parties to create new principles on different taxes in the United Kingdom.

Ethereum's Vitalik Buterin Concerned About Security Risks That Come With High ETH Transaction Fees

Ethereum's Vitalik Buterin Concerned About Security Risks That Come With High ETH Transaction Fees

By now, it is no secret that Ethereum co-founder Vitalik Buterin and his team are busy perfecting Ethereum 2.0 and preparing it for its official launch.

Bitcoin’s 7-Day Transaction Volume Hit All-Time High of $4.39 Billion

Bitcoin’s 7-Day Transaction Volume Hit All-Time High of $4.39 Billion

New data by Glassnode reveals that BTC’s seven-day transaction has broken the record at $4.39 billion.

HSBC Becomes the First Bank to Finance Transaction via Hyperledger

HSBC Becomes the First Bank to Finance Transaction via Hyperledger

Multinational banking giant, HSBC has reportedly become the first bank to complete a financial transaction using the blockchain trade platform, we.trade based in Europe.

The Algorand Foundation to Integrate Chainalysis KYT for Transaction Monitoring and Compliance

The Algorand Foundation to Integrate Chainalysis KYT for Transaction Monitoring and Compliance

The Algorand Foundation will be leveraging Chainalysis’ Know Your Transaction (KYT) for transaction monitoring and compliance processes after its integration.

Digital Transaction announces world’s fastest web-scale blockchain and launches its utility token XPLL

Digital Transaction announces world’s fastest web-scale blockchain and launches its utility token XPLL

Digital Transaction the company behind the ParallelChain™ blockchain has launched its utility token XPLL, giving investors the opportunity to stock up during its pre-sales stages

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