Canada Schemes to Launch Audits Against Bitcoin Tax Evaders

Canada Schemes to Launch Audits Against Bitcoin Tax Evaders


The Canada Revenue Agency (CRA) is reportedly targeting Bitcoin investors as well as other cryptocurrency users with federal tax audits. Read more

Fake News: Japan’s Largest Bank isn’t Launching a Cryptocurrency

Fake News: Japan’s Largest Bank isn’t Launching a Cryptocurrency


Several crypto media outlets have reported that Japan’s Mizuho, the country’s largest bank, and dozens of others are launching a blockchain product. According to Quartz, however, these reports are false in the extreme: J-Coin has nothing to do with cryptocurrency or even blockchain in general. Read more

Korea Exchange Official: US Decision on Bitcoin ETF Will Set Tone for Local Crypto Market

Korea Exchange Official: US Decision on Bitcoin ETF Will Set Tone for Local Crypto Market


An official at South Korea’s sole securities exchange operator, the Korea Exchange (KRX), says the bourse is closely eyeing developments from United States regulators in regard to Bitcoin (BTC) exchange-traded funds (ETFs). The official, reportedly speaking on condition of anonymity, was cited by local English-language daily The Korea Herald on Feb. 20. Read more

Bitcoin Hits Highest Volume in 9 Months: Is Crypto Ready to Take Off After Massive Gains?

Bitcoin Hits Highest Volume in 9 Months: Is Crypto Ready to Take Off After Massive Gains?


In the last 24 hours, the valuation of the crypto market increased by $8 billion as the Bitcoin price neared the crucial $4,000 resistance level. Read more

Why Japan Might Quash Brock Pierce’s Plans to Re-Launch Notorious Bitcoin Exchange Mt. Gox

Why Japan Might Quash Brock Pierce’s Plans to Re-Launch Notorious Bitcoin Exchange Mt. Gox


Ever since the security breach of Coincheck in January 2018, formerly the largest crypto exchange in Japan, local authorities have imposed a stricter process in granting licenses to trading platforms that support Bitcoin and other cryptocurrencies. Read more

Bitcoin a ‘Major Concern’ for the Indian Government, if Used for Payments: Report

Bitcoin a ‘Major Concern’ for the Indian Government, if Used for Payments: Report


India has long been a nation that has taken a hardline stance towards cryptocurrencies. The risks associated with digital currencies such as money laundering and terrorism funding have long fueled the Indian government’s approach to dealing with digital assets. A panel of high-ranking officials tasked with the job of drafting new cryptocurrency regulatory framework for India is now concerned with its impact on the Rupee. Read more

Bitcoin exchange Bithumb launched the OTC platform

Bitcoin exchange Bithumb launched the OTC platform


The leading South Korean cryptocurrency exchange Bithumb launched the OTC platform for institutional investors and Ortus traders. What digital assets will be presented in the listing of the site is still unknown. This is stated in a press release. Read more

In Exactly 1 Week, Bitcoin Will Have Suffered its Longest Bear Market in History

In Exactly 1 Week, Bitcoin Will Have Suffered its Longest Bear Market in History


If the Bitcoin price remains below $16,000, down 20 percent from its all-time high at $20,000 by February 2, it will have suffered the longest bear market in its ten-year history. Read more

Oops! South Korean Crypto Exchange Accidentally Sends Traders $5 Million in Bitcoin

Oops! South Korean Crypto Exchange Accidentally Sends Traders $5 Million in Bitcoin


Coindesk Korea has reported that the Korean crypto exchange Coinnest has accidentally airdropped over $5 million in bitcoin and Korean won and is looking how to reclaim their misdirected funds. Read more

Why the Bitcoin Price Could Fall to $2,400 & Entice Wall Street to Buy the Dip

Why the Bitcoin Price Could Fall to $2,400 & Entice Wall Street to Buy the Dip


With the bitcoin price continuing to hover around $3,500 following last week’s sell-off, technical analysts have begun fevered debates about whether the flagship cryptocurrency will see more losses ahead. Crypto brokerage firm BitOoda believes that a further decline is likely but maintains that this will strengthen — not weaken — bitcoin over the long term. Read more
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