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North Carolina congressman Ted Budd re-introduced the Virtual Value Tax Fix Act bill to the House Committee on Budget, which proposed removing cryptocurrency transactions from double taxation. The relevant document is posted on the website of the US Congress. So, Budd believes that the Internal Revenue Code (1986) needs to be amended according to which digital currencies […]

Starting August 30, quotes from the Gemini Winklevoss brothers bitcoin exchange will be used to calculate four cryptocurrency indices from the Chicago Mercantile Exchange (CME Group). Mark your ?. @Gemini will be added as a constituent exchange for the CME CF Bitcoin and Ether-Dollar Reference Rate and Real-Time Index, capturing wider market participation and increasing the robustness of the pricing […]

The UK tax office has demanded that cryptocurrency exchanges provide usernames and a history of their transactions. Coinbase, eToro, and CEX.IO received relevant letters, CoinDesk reports citing informed sources. So, according to sources, the agency is interested in data for the last two to three years. If the rumors are confirmed, this will not affect those who acquired Bitcoin in 2012-2013. In service so far […]

BlockFi, one of the leaders in the cryptocurrency lending market, successfully closed the Series A financing round, in which it managed to raise $ 18.3 million. Fidelity Investments and Mike Novogratz, the cryptocurrency trading bank Galaxy Digital, increased their previous investments, while Valar Ventures and Winklevoss Capital invested for the first time. Note that in the portfolio of Valar Ventures, which led the round, […]