India’s crypto future hinges on DEA’s September consultation paper

A new crypto reporting app by the big four accounting firm EY will help clients with tax reporting as the IRS cracks down on tax evasion. 1589 Total views 50 Total shares Multinational professional services firm Ernst & Young have released a crypto tax app called EY CryptoPrep. It’s a fully automated, web-based Software as…

In January, lawyer John Deaton persuaded the Judge in the SEC vs LBRY case that secondary LBC token sales don’t constitute a securities offering. Ripple may be holding its breath a bit longer after a United States District Judge refused to rule on if the secondary sale of LBRY Credits (LBC) constitutes a security.On July…

With the tough conditions that faced Bitcoin miners last year, Iris’ co-founder said the purchase was a “significant milestone” for the company. 422 Total views 5 Total shares Own this piece of history Collect this article as an NFTAustralia-based Bitcoin (BTC) mining company Iris Energy has revealed it will nearly triple its mining capacity with…

IBM and Danish transport and logistics giant Maersk have launched their global blockchain-enabled shipping solution, according to an official press release today, August 9. The new jointly developed blockchain solution revealed 94 organizations involved and 154 million shipping events already captured. The global supply chain platform has been dubbed ‘TradeLens,’ and its dataset is reportedly…

Japanese IT firm Fujitsu has successfully trialed a blockchain-based solution to address inefficiencies in electricity surplus management, the company confirmed in a press release on Jan. 29.Fujitsu, which partnered with local power distribution company ENERES, used blockchain to increase the success rates of power sharing, which is administered through a process known as Demand Response…

The Bank of Ghana’s first deputy governor says the institution remains committed to piloting a central bank digital currency. 859 Total views 35 Total shares The Bank of Ghana (BoG) remains committed to piloting a central bank digital currency (CBDC), the bank’s first deputy governor has said.Dr. Maxwell Opoku-Afari made the comment during a virtual…

District Judge Robert Kelly refused the request of the former CEO of now-defunct cryptocurrency exchange Mt. Gox, Mark Karpeles, to dismiss the U.S. class-action lawsuit against him, industry news outlet Coindesk reports on July 30.Dismissal request rejectedPer the report, Karpeles previously filed for the dismissal of the lawsuit alleging that he has hidden issues at…

Popular cryptocurrency trader Keith Wareing warned Bitcoin (BTC) traders about a critical bearish scenario brewing in the market.The trader spotted Bitcoin inside an inverse cup-and-handle pattern earlier this month, a bearish structure that forms during a price wave downward, followed by a stabilizing period. The technical design typically leads the price lower by as much as…