Revenue

Kazakhstan Welcomes Cryptocurrency Miners, While China is Losing Millions
Jul 22, 2021 at 12:17
News
Kazakhstan Welcomes Cryptocurrency Miners, While China is Losing Millions
As the saying goes "one man's trash is another man's treasure", China has kicked out 90% of Bitcoin miners, but the rest of the world seems to be benefiting from the move. Kazakhstan is now reaping the benefits of crypto miners fleeing China, while Beijing continues to lose revenue and vital technology.
Federal Investigations into Binance Have Pushed the Cryptocurrency Bearish Trend Deeper
May 18, 2021 at 09:46
News
Federal Investigations into Binance Have Pushed the Cryptocurrency Bearish Trend Deeper
The world’s largest cryptocurrency exchange Binance Holdings Ltd. is facing serious investigations by the Internal Revenue Service and the U.S Department of Justice after being accused of facilitating illegal activities related to digital currencies.
Giant Telecom Companies Turn to Blockchain to Speed up Technological Progress
May 13, 2021 at 11:05
News
Giant Telecom Companies Turn to Blockchain to Speed up Technological Progress
Blockchain technology could bring opportunities to telecom companies to cover markets that were somehow impossible to cover before, and this will enable them to grow their revenue minus making any investments.
Boosting Blockchain and Cryptocurrency Through Games and Sports
Feb 03, 2021 at 15:33
News
Boosting Blockchain and Cryptocurrency Through Games and Sports
Very many people around the globe participate in the games and sports industry. If utilized very well, this industry can be a big market for Blockchain products such as cryptocurrency.
US Tax Service is Willing to Pay for Cracking Monero
Sep 12, 2020 at 09:18
News
US Tax Service is Willing to Pay for Cracking Monero
As privacy coins such as Monero are widely used for illegal purposes, financial regulators and watchdogs seek ways to de-anonymize them. Now, the United States Internal Revenue Service (IRS), is going to pay for cracking Monero (XMR).
US IRS Seeks Cryptocurrency Tax Assessment Contractor to Produce Clearer Regulatory Framework
May 14, 2020 at 14:31
News
US IRS Seeks Cryptocurrency Tax Assessment Contractor to Produce Clearer Regulatory Framework
The United States tax authority, the Internal Revenue Service (IRS), is looking for an outside firm (contractor) to help with crypto asset tax calculations and produce a clear income statement.
Taxes Revolutionizing the Cryptocurrency Industry, Singapore Sets New Rules
Apr 25, 2020 at 09:29
News
Taxes Revolutionizing the Cryptocurrency Industry, Singapore Sets New Rules
As cryptocurrencies and blockchain technology gain root in the world, governments are becoming more involved in the industry through taxation.
United States Tax Agency Wants Cryptocurrency Holders to Pay Taxes
Mar 01, 2020 at 11:46
News
United States Tax Agency Wants Cryptocurrency Holders to Pay Taxes
US Tax body Internal Revenue Services (IRS) is demanding that American Citizens who hold cryptocurrency deposits in their wallets be taxed. The tax agency sent warning letters to more than 10,000 cryptocurrency holders over failure to pay appropriate taxes or falsifying taxable income.
Canada to Lay Hands on QuadrigaCX Cryptocurrency Revenues
Sep 23, 2019 at 14:08
News
Canada to Lay Hands on QuadrigaCX Cryptocurrency Revenues
The CRA - Canada Revenues Agency (Customs and Revenue Agency), a federal authority which administers tax laws, started investigating the impending unknown revenues of QuadrigaCX, a defunct cryptocurrency exchange. On Monday Sept. 16, the Globe and Mail published a report saying that the Trustee on the QuadrigaCX insolvency case has managed to produce the tax returns files for previous earnings of the firm.
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